MARKET MOVEMENT
Atturra to acquire Somerville to create Australian transformation powerhouse
Somerville , one of the most experienced end-to-end technology service providers in Australia , announced it will be acquired by Atturra . The acquisition brings together two Australian IT services leaders with a mutual focus on adding value to IT transformation outcomes for customers . Atturra provides a range of enterprise advisory , consulting , IT services and solutions while Somerville ’ s
Stephen Kowal , CEO Atturra services include connectivity , security , cloud , modern workplace , and hardware and software procurement .
From the outset , Somerville ’ s business approach has incorporated a company culture determined to satisfy the evolving technology and service needs of its customers . During this time , the company invested millions of dollars into its cloud and network infrastructure to ensure it has the capability to deliver cutting-edge solutions to clients .
This infrastructure prioritises security and provides bespoke solutions for Australia ’ s mid-market , while also delivering high performance , scalability , resilience , and bullet-proof reliability .
The acquisition will now enable Atturra to deliver the entire technology stack from application to infrastructure further accelerating business growth and supporting the expansion of operations into new technologies and markets .
Craig Somerville , CEO , Somerville , said , “ This acquisition represents an outstanding opportunity for Somerville ’ s staff , customers , and partners . Atturra has forged a strong reputation as a well-respected player within the Australian IT services industry , with longstanding client and partner relationships .
Stephen Kowal , CEO , Atturra , said , “ The acquisition of Somerville will be significant , as it will not only provide Atturra with a broad-based managed services capability to facilitate large end-to-end projects , but it will also strengthen our position within the Australian education sector .
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Cognizant strengthens SAP Capabilities in energy and utilities through acquisition of Utegration
Cognizant , announced it has agreed to acquire Houston-based Utegration , a full-service consulting and solutions provider specialising in SAP technology and SAPcertified products for the energy and utilities sectors . Cognizant will gain approximately 350 employees in North America and India upon the close of the acquisition .
Utegration serves 50 + North Americabased clients in the energy and utilities sector with solutions across four domains aligned to key market needs : Customer Experience , Billing and Advanced Metering Infrastructure ; Managed Services ; Data Science and Analytics ; and Finance and Asset Performance Management . The company ’ s portfolio of industry-specific custom solutions includes : Utility4U , MeterData4U , Finance4U and LoadPlanning4U .
Independent industry analyst Gartner forecasts global IT spending in the power and utilities market to reach about
$ 175 billion by year-end 2022 . Demand is accelerating , driven by clean energy initiatives , grid modernisation , and customer experience management initiatives .
“ We believe Utegration ’ s rich industry expertise and differentiated portfolio of energy and utilities-focused products and accelerators is a perfect complement to our SAP practice ,” said Rob Vatter , Executive
Vice President of Cognizant ’ s Enterprise Platform Services .
“ Utegration has grown with a singular focus on the needs of energy and utilities businesses , and becoming part of Cognizant expands the scope and scale we have to deliver for clients , including beyond the energy sector ,” said Bart Thielbar , President and CEO , Utegration . •
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