SYSTEM INTEGRATION MARKET ANALYSIS

Key Developments

• In April 2023, Oracle Corporation an IT Company, introduced new capabilities to its Oracle Fusion Cloud Applications Suite. These enhancements aim to improve supply chain planning, financial accuracy, and operational efficiency, including usage-based pricing and advanced planning and rebate management.
• In February 2023, Schneider Electric a multinational company, Capgemini an IT services provider, and Qualcomm Technologies, Inc. a technology company, announced a 5G-enabled automated hoisting solution, replacing traditional wired connections with a wireless 5G Private Network. This innovation streamlines digital technology deployment across industrial sites.
• In February 2023, Cisco Systems, Inc. a technology comapany partnered with NEC Corporation a IT and network technologies provider, to explore 5G xHaul and private 5G opportunities. This collaboration aims to help customers transform their architecture for broader connectivity.
• In October 2022, Infosys Limited IT services provider, announced a partnership with CIRCOR International a Industrial valve manufacturing company to transform its IT infrastructure and user support applications. Infosys will leverage its system integration and automation capabilities to modernize CIRCOR’s cloud landscapes and data centers.
• In October 2022, the Saudi Information Technology Company (SITE) and NIL Ltd, a part of the Conscia Group a IT service management company, formed a strategic alliance to manage systems integration projects, including infrastructures and data centers, enhancing local system integration capabilities
• October 2022, Kyndryl Holdings, Inc. an information technology infrastructure services provider, launched Kyndryl Consult to provide consulting services that help customers with complex technology integrations, accelerating business outcomes
• In March 2022, Tech Mahindra Limited, information technology services and consulting company, partnered with Bharti Airtel a telecom company to develop innovative solutions for India’s economy. This partnership combines Airtel’s connectivity portfolio with Tech Mahindra’s system integration capabilities to offer enterprise-grade private networks.
• In February 2022, Cisco Systems, Inc. a technology company, signed an agreement with Rakuten Symphony, Inc. a wireless telecommunication services, to develop infrastructure solutions for Open RAN technology-powered mobile networks, leveraging Cisco’s cloud computing expertise to enhance brand value in the IT and telecom sectors