Industry news

KPMG has unveiled plans to increase the number of technologists it employs in this country from 3,000 to 3,500 over the next three years. Central to this ambition is the launch of KMPG Products which will develop a portfolio of new digital tools and applications.

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Twelve months after the creation of a joint virtual Centre of Excellence (CoE) focused on accelerating cloud deployment in the Financial Services sector, EY and IBM have established a new global Talent COE. The move brings together the EY Organization & Workforce, Mobility and HR Transformation business solutions with IBM Talent Transformation business and hybrid cloud and AI capabilities.

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CGI has a strong footprint in the UK defence sector; defence revenues make up around a third of its public sector business in the UK. Its latest win is a contract valued at £6m with UK Ministry of Defence (MOD) Defence Digital. Under the contract, which will run for an initial 23-month term, CGI will provide the Intelligent Customer Team for the PICASSO Programme’s Allied System for GEOINT (P-ASG).

PICASSO is “an enduring capability programme that provides UK Defence with an integrated information environment for the exploitation, production, and dissemination of geospatial intelligence (GEOINT)”.

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A third of UK organisations (32%) are planning to outsource more of their IT over the next two years – and, for the first time, their biggest reason for doing so is not to cut costs.

According to major study, the main reasons for outsourcing were to enable organisations to focus on their core business and to access talent, marking the first instance of cost-cutting not being the top motivation.

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Quantanite, a customer experience (CX) solutions and outsourcing company, today announced the appointment of Andrew Hall as Chief Commercial Officer as it expands its Leadership Team further.

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Mid-tier offshore services firm Coforge (nee NIIT Technologies) powered ahead during FY22 driving global sales up by 37.6% yoy at constant currency. Revenue for the twelve months ended 31st March beat guidance to land at $866.5m (FY21: $627.7m). While the company’s top line performance was helped by the $195m purchase of SLK Global last April, the pace of underlying organic expansion for the year still reached just shy of 30%. Adjusted EBITDA margin for the period improved by 70bps to 18.7%.

Read the full article here on TechMarketView.com

Full year results this week from NTT DATA, show the Group posting its 33rd consecutive fiscal year of net sales growth, expanding 10.1% to ¥2,551.9bn (FY21/22 ¥2,318.7bn). New orders received grew 8% to ¥2,400.8bn as the company delivered increased operating profits of ¥212.6bn, up a whopping 52.8%.

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With rapid growth in its client portfolio and continued investment in experienced industry expertise, Quantanite is delighted to announce Hafeez’s arrival which strengthens its leadership team further and enhances the company’s Global Finance Function and critical business and governance processes.

Read the full article here on Quantanite.com

Europe has been growing its reputation as a top source of IT talent, but the Russia-Ukraine war could stall the region’s tech industry. Still, despite the geopolitical risk, experts and industry practitioners don’t think all is lost for Europe’s tech scene.

Demand for that talent has not slowed: It’s no secret that companies across the board are having difficulty finding the right people. “There is absolutely a dearth of skills available in certain countries,” said Kerry Hallard, CEO of the U.K.-based Global Sourcing Association.

Read the full article here on Protocol.com

FinTalks comes to London to discuss how not to break the bank with your tech strategy! Powered by Future Processing, Level39, GSA and the Fintech Alliance, FinTalks takes the community on a deep dive in the most relevant aspects of finance and technology.

During this event they’ll discuss what are the most relevant revenue generating opportunities related to technology, put a spotlight on the cost efficiency factor and for the first time present the results of ROI in IT Projects benchmarking survey.

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