Market News
Recent Developments
New product launches
- On June 22, 2022, Cyient, a global digital engineering and technology solutions company, announced the launch of an AI-Powered Framework for Automated System and Software Testing (CyFAST), to accelerate end-to-end test automation. The platform enables end-to-end test automation across web, mobile, desktop, and embedded application and hardware devices, providing a comprehensive environment for managing testing projects.
Acquisition and partnerships
- On August 11, 2022, Qualitest, a global leader in providing AI-powered quality engineering services, announced the acquisition of ZenQ, an India-based software testing company. This acquisition will extend Qualitest geographical footprint in India with ZenQ’s facilities in Hyderabad and add ZenQ’s 600+ quality engineers to Qualitest employees.
- On February 10, 2022, Tricentis, a software test automation company used by companies such as Merck, ANZ, and Dell, acquired AI-enabled Testim Company.
- In April 2022, HCL Technologies, an Indian multinational information technology services and consulting company partnered with Broadcom to offer automated 5G testing for enterprises. It will enable accelerated 5G adoption.