Industry news

IBM has announced it plans to acquire Randori, an attack surface management (ASM) and offensive cybersecurity provider based in Boston. Terms of the deal were not disclosed.

Randori, which was founded in 2018 by former Carbon Black executive Brian Hazzard and systems and security engineer David Wolpoff, has raised almost $30 million across two funding rounds, most recently a $20 million Series A investment led by Harmony Partners in April 2020.

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On the 9th May, Japanese-headquartered technology corporation  NTT and IT services and consulting player, NTT DATA, announced a plan to merge their respective IT services operations outside of Japan, creating a new joint operating company.

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Capgemini has bought London-HQ’d 70-person experience design agency, Rufus Leonard. Terms of the deal have not been disclosed.

Founded in 1997, Rufus Leonard turned over c.£7m in 2020 of which nearly four fifths was generated in this country. Describing itself as a specialist in harnessing technology and design to enhance a brand’s promise, the firm counts The AA, AXA UK, the BBC and World Wildlife Fund amongst its clients.

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Accenture and Microsoft have been jointly selected to provide a modern customer engagement platform for NatWest bank. The initiative will replace the suite of outdated technologies that currently support the bank's channels with a single integrated digital platform.

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Having recently been selected to drive the modernisation of Lloyd’s of London, DXC Technology has now been awarded a significant contract extension in respect of the services it provides in support of the London insurance market.

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Danish roof window manufacturer, VELUX, has signed “an end-to-end IT services transformation agreement” with HCL Technologies.

HCL will create and deliver a cloud-first, user-centric digital transformation programme that will enable VELUX to modernize its application and infrastructure estate. With increased agility and efficiency – and the ability to scale – VELUX intends to create greater innovation and IT excellence within its organisation.

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DXC Technology announced its latest annual results yesterday, reflecting improved profitability despite the company’s continuing revenue declines. During last night’s earning’s call, CEO Mike Salvino, cited currency fluctuations and the conflict in the Ukraine as key factors in DXC missing its Q4 targets and also reflected on the vendor hurriedly exiting its operations in Russia.

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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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