GlobalLogic | November 21, 2022
GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, announced that it has signed a definitive agreement to acquire Fortech, a leading software engineering services company based in Romania. Headquartered in Cluj-Napoca, Fortech has applied its deep technical capabilities to hundreds of clients and more than 1,000 digital projects throughout nearly two decades of operation—a track record that has ultimately positioned the company as one of Romania’s largest leading independent digital engineering firms.
With 1,100+ people, Fortech operates out of four cities in Romania to support top-tier clients across a wide range of industries. These achievements and capabilities will help GlobalLogic further expand its customer and talent base, as it aims to address the robust global demand for digital transformation (DX). Additionally, Fortech’s seasoned leaders will bring valuable technical and domain experience along with strong relationships across European markets and marquee clients.
“Fortech is a leading firm with proven track record and specialization in technology that is needed for digital evolution, This acquisition will further enhance GlobalLogic’s presence in Europe, and accelerate our access to the rich technical talent in Romania; it will arm Fortech with the resources and strong backing of GlobalLogic and Hitachi. We are excited to welcome Fortech and their talented people to the GlobalLogic family.”
-Nitesh Banga, President and CEO, GlobalLogic.
Founded in 2003, Fortech delivers full-spectrum digital engineering services including Architecture Design, Software Development, DevOps, Quality Assurance, and Data Analytics. The company has successfully architected, built, and maintained products for clients across numerous industries with a focused specialization in Cloud, IOT, and SaaS. Fortech holds deep domain experience in six key high growth verticals: Automotive, Banking/Finance, Healthcare, Manufacturing, Professional Services, and Technology/Media/Telecom. Fortech’s coverage of key industries and technologies is an incredible match for GlobalLogic. Fortech’s successes have led to it being recognized as one of the 2022 Best Managed Companies in Romania in the first edition of Deloitte’s Romania program.
“We’re proud of our legacy, which is based on helping companies realize the power of transformative digital solutions, Joining forces with GlobalLogic, backed by Hitachi, takes our reach to a whole new level. Additionally, finding a partner that shares our cultural values with a strong emphasis on people, customers, and societal benefit is extremely gratifying.”
-Calin Vaduva, CEO, Fortech.
GlobalLogic’s investment in Fortech is part of a multi-year strategy designed to establish a wider European footprint while enabling it to better serve its customers worldwide from a delivery perspective. This acquisition will further enable GlobalLogic to augment Hitachi's strengths in Information Technology (IT), Operating Technology (OT), and Products, and accelerate its growth helping expand the Lumada business.
Fortech (www.fortech.ro) is a software services company headquartered in Cluj-Napoca, Romania. It also holds engineering hubs in Oradea, Iasi, and Brasov. With a workforce of 1,100+ people, Fortech’s technical expertise spans a variety of sectors, from automotive and financial to healthcare and more. Fortech covers the end-to-end software lifecycle development to deliver the innovation, scalability, quality, and speed needed by its clients. The company’s approach to software engineering combines strong technology and process know-how, Agile delivery methods, and a blend of code quality practices and metrics refined throughout two decades of operation. Since 2003, more than two hundred brands have chosen Fortech as their software engineering partner.
GlobalLogic is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise – we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business.
Agile Frameworks | December 19, 2022
Agile Frameworks®, a leader in integrated field and lab management software for the engineering services industry, today announced FMG Engineering has improved field data report delivery and workflow capabilities since implementing Agile Frameworks’ MetaField® solution.
Based out of South Dakota, FMG Engineering is a multi-disciplinary consulting firm with civil engineering, geotechnical engineering, surveying, environmental and construction materials testing services. The firm sought to implement a digital solution to improve report turnaround time, report accuracy, and efficiency in the field.
“It was time to replace our outdated and cumbersome system of paper field reports, Transcribing spreadsheets and forms was time consuming and often late to be completed. In going through the evaluation process, we chose MetaField because of the depth of functionality. Other platforms were a bit basic and did not allow for customization. With MetaField, our organization’s capacity has increased, We can take on more projects now that our technicians or project managers are not spending 30-60 minutes each day of transcription time. Overall, the system will allow us to perform more work with less manpower.”
-Alex Fisher, Senior Geotechnical Engineer and Vice President at FMG Engineering.
Since implementing MetaField, FMG Engineering has seen their report turnaround time improve from 4-5 days to 24 hours. Historically, reporting was lagging the field work. MetaField has allowed them to immediately incorporate test results into reports, which are ready for review and distribution the same day. FMG Engineering has also increased their reporting efficiency by using the distribution email lists to optimize their workflow capabilities and processes.
“At Agile Frameworks, our extensive forms library is built from years of experience with customer needs in mind, FMG Engineering has realized tremendous value by customizing report forms, particularly their daily reports, to fit their unique business needs. We are proud to partner with the highly knowledgeable and engaged team at FMG Engineering to raise the bar on delivery standards.”
-Joel Smolarek, Senior Solutions Consultant at Agile Frameworks.
About Agile Frameworks:
Agile Frameworks® provides comprehensive software-as-a-service solutions that integrate corporate, field, and lab data for business process automation across architecture and engineering disciplines. We transform workflows, create high-value data, and deliver outputs you can trust, resulting in industry-leading productivity and profitability. MetaField® — our field and lab data collection and reporting platform — offers a cloud-based digital workflow to automate and connect the process from project set up and scheduling, to mobile data collection and report submission. Companies that use MetaField experience a dramatic cost benefit with a distinct competitive advantage.
PRODUCTS,MECHANICAL AND MOTION SYSTEMS,CONSTRUCTION
Komatsu | December 21, 2022
Komatsu today announced that it has entered into an agreement to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunnelling and special civil engineering equipment headquartered in Gelsenkirchen, Germany.
Founded in the 1960s and currently part of the German-owned Schmidt Kranz Group, GHH offers a wide range of equipment focused on loaders (LHDs) and articulated dump trucks in the mid-seam mass mining, narrow vein and low-profile market segments The company also supports customers with aftermarket parts and service support through the entire life of each machine. With this acquisition, Komatsu will add GHH’s factories and rebuild facilities in key markets, in addition to its robust product offerings and talented staff.
“We are very excited about this acquisition as it represents a great opportunity for Komatsu to expand its offerings for underground mining equipment and accelerate new product development through synergies with Komatsu’s existing team and product offerings, By adding GHH’s factories and rebuild facilities in key markets in Europe, South Africa, India and Chile, we also aim to strengthen production and service capabilities for our customers.”
Peter Salditt, president and CEO, Komatsu Mining Corp
Komatsu intends to continue the excellent service GHH provides and plans to support business as usual post-acquisition. The combined team will then work together to expand Komatsu’s offering for underground mining equipment and increase customer access to products in new territories.
“GHH is excited to be able to start a new journey with a strong player in the mining world. This opens huge doors for our people and our products to develop further and grow beyond what we could have hoped for, This is the next logical step in becoming a true global player and we look forward to becoming part of the Komatsu family.”
Dr. Jan Petzold, CEO GHH Group
Per the company’s ongoing mid-term management plan “DANTOTSU Value - Together, to ‘The Next’ for sustainable growth,” Komatsu is working to expand offerings for underground hard rock mining, creating new value for customers with the development of new equipment, processes and technologies that will help operations step forward to the next stage for the workplace of the future and provide a more sustainable environment for the next generation.
Komatsu develops and supplies technologies, equipment and services for the construction, mining, forklift, industrial and forestry markets. For a century, the company has been creating value for its customers through manufacturing and technology innovation, partnering with others to empower a sustainable future where people, business and the planet thrive together. Front-line industries worldwide use Komatsu solutions to develop modern infrastructure, extract fundamental minerals, maintain forests and create consumer products. The company's global service and distributor networks support customer operations to enhance safety and productivity while optimizing performance.