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.
Altair | September 14, 2022
Altair ( Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), signed a definitive agreement to acquire RapidMiner, a leader in advanced data analytics and machine learning (ML) software.
RapidMiner's low-code platform is used by more than one million people of all skill levels to develop production-scale data pipelines and ML models, putting advanced data analytics into the hands of those who know the domain problems best. It provides hundreds of powerful, drag-and-drop building blocks to transform and augment data – greatly accelerating work for coders and non-coders alike – and its flexible delivery models provide users and enterprises with the scale they need, from a user's desktop to on-premises servers to secure, multi-tenant cloud.
"This acquisition significantly strengthens Altair's end-to-end data analytics (DA) portfolio, which already offers customers the power to understand, transform, act on, and automate their data, Machine learning is becoming an essential part of business, but often the barriers to building ML models are too high to get started. Too much data, not enough data science expertise, and insecure or unscalable production environments can all keep a business from executing on their data analytics vision. That's where RapidMiner can be transformative."
-James R. Scapa, founder and chief executive officer, Altair.
RapidMiner's cloud platform takes the best of RapidMiner desktop and adds the strength of the cloud, bringing additional scale and governance to the low-code platform. This multi-tenant, SaaS-ready version enables organizations to ramp up their data science workloads easily and safely.
RapidMiner resonates with users in the data analytics community due to its talented, hands-on technical team with decades of experience, led by founder and chief technology officer Dr. Ingo Mierswa, who will join Altair. Under Mierswa's leadership, RapidMiner pioneered the entire concept of visual, explainable data science, and was the first platform to introduce automatic data science, text analytics, automated feature engineering, deep learning, and more.
"Altair and RapidMiner share the same vision to make data analytics simple enough for all users, but scalable, governed, and safe enough for all enterprises, We see this as an incredibly exciting opportunity to watch our solutions grow across the globe and expand into a larger, more powerful ecosystem."
-Dr. Ingo Mierswa,founder and chief technology officerRapidMiner.
RapidMiner reinforces Altair's DA market position in several verticals – especially manufacturing and financial services – through industry expertise and industry-specific ML techniques and data source connections. Sitting next to dozens of existing Altair products already in these verticals, RapidMiner presents an exciting new offering for new and existing customers who will be able to access existing Altair and RapidMiner products easily through Altair's unique units licensing model.
RapidMiner will be integrated with existing tools, such as Altair Knowledge Studio, Altair SmartWorks, and Altair SLC, to provide a comprehensive, code-optional, multi-language, SaaS-ready, cloud-scale platform for enterprise data analytics and data science.
Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future.
Disperse | November 24, 2022
Disperse, a leading provider of building productivity systems in the construction industry, today announced the launch of its new product, Impulse. The innovative product enhances processes commonly used in construction with performance insights that project teams can utilize to inform critical day-to-day decisions. In addition to quantifying work-in-place of over 480 task components, Impulse highlights issues that do not conform to design or that may require rework so that project teams can systematically address them. This requires minimal manual inputs from project teams and is instead derived from 360º image scans captured by Disperse operatives that are accessible to customers through a class-leading visual interface of interactive building schematics. Impulse replaces the previous product for all new engagements and has been well received by Disperse's customers, with 35% having already migrated to the new solution.
Impulse visually integrates performance insights into building elevations and surfaces issues that even the most experienced team may not have the bandwidth to identify. Early customers use the work-in-place information displayed over building elevations during coordination meetings to drive more informed discussions with their trades. They also manage issues as broad as ensuring that a ceiling is closed after the rerouting of a pipe, all the way to quantifying outstanding scope to source a new contractor after a particular trade abandoned work on site. Impulse automatically tracks and, when relevant, resolves these issues using photographic documentation obtained through regular site scans, so that project teams can focus on driving productivity.
“What makes us stand out in the market is our ability to reliably and consistently extract data from the site images we capture, We have now built on this capability and our new product, Impulse, gives our customers objective data in an intuitive format for use in everyday decisions. With Impulse, we are serving actionable insights to project teams so that they can make better decisions and drive on-site performance.”
-Felix Neufeld founder and CEO Disperse.
While most construction technology companies rely on project teams to provide status and progress information as well as visuals from their site, Disperse automates this process for project teams by integrating the image scans with project drawings, schedule and, when available, updated BIM model. In essence, Impulse relies on the strengths of artificial intelligence and industry experts working together to extract data from these inputs and generates performance insights that projects can readily use to drive decisions. Disperse customers continue to have access to the comprehensive as-built reports that they lean on for stakeholder communications.
Track what matters with work-in-place insight of over 480 task components across Superstructure, Envelope / Façade, MEP, and Fit-Out.
Quickly visualize and validate any work-in-place with new interactive building elevations that filter by trade, task activity, object / component, and location.
Identify installations that do not conform to design drawings, that may require rework, or that may cause schedule delays with Spotlights, the early issue detection system, now actionable from within the platform. Spotlights also ensure no unexpected regressions occur by monitoring completed work.
Keep project teams focused on driving progress while ensuring stakeholders stay informed with automated executive summary, progress, cost, and earned value reports, as well as with schedule integrations (P6, ASTA, MSP).
Automated reports and insights are based on data that Disperse captures through our turn-key solution that integrates the image scans with project drawings, schedule, and when available, BIM model. This ensures project teams have consistent, quality scans that generate comprehensive as-built records once a project is complete.
Disperse captures the state of construction projects and provides actionable insights in a way that is scalable, accurate, and reliable so that project teams can focus on getting things done. Disperse products combine artificial intelligence and human expertise to empower project teams with insights from data that allows them to make better decisions with an objective project status, minimize risk with reliable as-built records, and improve stakeholder communication.