The WITCH Monthly Monitor
Monthly update on major global IT consulting and services firms in healthcare
June 2020
The WITCH Monthly Monitor provides latest financial and market performance updates on the WITCH companies, along with other global IT consulting firms on a monthly basis.
Highlights for the month
Wipro
Wipro Partners with Citrix and Microsoft to Drive Business Continuity for CustomersWipro VirtuaDesk (Wipro’s Desktop as a Service solution and Wipro’s Digital Workspace solution) will integrate services offered by Citrix Systems and Microsoft to create high-performance virtual compute environments that leverage cloud and next-generation digital workspace technology.
Wipro launches Digital Inspection Solution powered by IBM® TRIRIGA®Wipro launches Digital Inspection Solution powered by IBM’s integrated workplace management system (IWMS) IBM® TRIRIGA® for improved workplace safety and experience. The solution enables safety and compliance inspections and helps streamline non-compliance issues in processes, operations, and quality or customers across many industries, including healthcare.
Wipro and IBM collaborate to help clients accelerate their cloud journeysWipro partners with IBM to develop hybrid cloud offerings and help customers migrate to hybrid cloud. Wipro will leverage IBM cloud offerings and technologies alongside in-house services to develop solutions across industries, including banking and financial services, energy and utilities, retail, manufacturing, and healthcare.
Wipro Partners with and Invests in CloudKnox Security to Secure Multi-Cloud and Hybrid Cloud InfrastructureWipro partners with and invests in CloudKnox Security that expands Wipro’s Cloud Security portfolio to meet growing demand from enterprises to protect their cloud infrastructure from identities with excessive high-risk permissions.
Wipro Limited Appoints Deepak M Satwalekar to its BoardWipro appoints Deepak M Satwalekar to its Board of Directors for five years effective July 1, 2020. Deepak has been in the financial services industry for four decades, most recently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. and as an advisor and Board member of companies from diverse industries.
Infosys
Infosys Launches SAP-based Personalized Medicine Solution for Pharmaceutical CompaniesInfosys launches a new personalized medicine solution for the pharmaceutical industry. The solution leverages SAP S/4HANA, SAP C/4HANA® suite SAP® Analytics Cloud solution, and SCI® platform to address patient management, supply chain and regulatory compliance.
Infosys Launches ‘Return to Workplace’ Solutions to Help Enterprises Build Safe, Nurturing and Resilient WorkplacesInfosys launches ‘Return to Workplace’ solutions to help clients offer safe workplaces to employees. The cloud-based solutions enable enterprises to implement elevated body temperature (EBT) screening, check for mask compliance, and undertake analytics around occupancy of workspaces.
TCS
TCS Crystallus™ Launched to Help Enterprises Accelerate SAP S/4HANA TransformationsTCS launches TCS Crystallus™, a set of pre-configured industry solutions that accelerate SAP S/4HANA-enabled digital transformations. TCS Crystallus caters to various industries, including life sciences, which includes business solutions like Intelligent Field Inventory Management solution that uses IoT and blockchain to provide real-time visibility of surgical kits to all the ecosystem partners.
TCS Collaborates with IBM to Power Digital and Cognitive Enterprise Transformations with IBM CloudTCS and IBM expand their global alliance to help clients accelerate their digital and cognitive enterprise transformations to IBM public cloud using IBM Cloud Paks. As part of the collaboration, TCS will establish an IBM Enterprise Cloud Architecture Unit, which will include technical professionals from both companies.
Cognizant
Cognizant Collaborates on Verily’s Nationwide Baseline COVID-19 Testing ProgramCognizant collaborates with Verily Life Sciences, an Alphabet-owned health and life sciences company, to facilitate Covid-19 testing across the United States by providing a team of its life sciences experts to support Verily’s program.
Cognizant Says Maze Ransomware Attackers Hijacked Tax ID, Social Security, Passport DataCognizant was a victim of maze ransomware attack in April and has confirmed that data was accessed and stolen. Personal information including name, social security number, other tax identification number, financial account information, driver’s license information, and passport information.
Accenture
Accenture Reports Third-Quarter Fiscal 2020 Results In Line With ExpectationsAccenture reports revenue of $11 billion, a decrease of 1% YoY in USD for the quarter ended May 31, 2020. Health and Public Service segment accounts for $2.02 billion, with a growth of 11% YoY.
Accenture Federal Services to Open Advanced Technology Center in St. Louis, Adding 1,400 Jobs to Region’s Growing Tech CommunityAccenture Federal Services (AFS) plans to open an Advanced Technology Center in St. Louis later this year to provide U.S. federal government agencies with digital, cloud, automation, artificial intelligence, and cyber solutions. The center will hire 1,400 employees over the next five years.
Atos
Atos to acquire Managed Detection and Response Leader PaladionAtos plans to acquire Paladion, a US-based provider of Managed Security Services, to strengthen its global cybersecurity services. The acquisition will bring Managed Detection & Response (MDR) capabilities and create the next generation of Atos’ Prescriptive Security Operations Center offering.
Deloitte
New Deloitte Public Health Transformation Platform Built on Salesforce Helps State and Local Governments Modernize Public Health InfrastructureDeloitte launches GovConnect, a new public health transformation platform built on Salesforce to help state and local governments modernize public health infrastructure. The platform helps the government track the spread of the disease, perform contact tracing, engage businesses as they reopen, and support more public servants working remotely.
Deloitte Announces Expanded Industry Cloud Innovation Portfolio, Integrating SAP Industry Cloud Into Broader Deloitte Innovation EcosystemDeloitte to develop intelligent cloud-enabled apps and core extensions that leverage SAP technologies to accelerate digital business transformation and deliver industry-specific capabilities.
ConvergeHEALTH by Deloitte Waives Licensing Fees for MyPath for Clinical for COVID and COVID-Impacted TrialsConvergeHEALTH by Deloitte waives licensing fees for MyPath for Clinical solution for current COVID-19 related clinical trials, as well as any ongoing clinical trial impacted by COVID-19. MyPath for Clinical is a cloud-based digital platform that enables organizations the adoption of remote data capture and siteless trial capabilities.
Deloitte and Snowflake Deliver a Foundation for a Modern Data StrategyDeloitte expands partnership with Snowflake to deliver businesses a foundation for a modern data strategy. Snowflake offers an integrated data platform on a cloud that provides real-time data insights integrated with Deloitte’s AI, data, and analytics enable organizations to accelerate digital transformation.
Deloitte To Lay Off 5 Percent Of Its US WorkforceDeloitte plans to lay off about 5% of its U.S. workforce, potentially 2,500 employees amid the widespread shutdown of businesses due to the pandemic.
DXC Technology
DXC Targets 4,500 Jobs As It Moves To More Quickly Respond To Customer Needs
DXC Technology plans a cost-cutting initiative that may affect 4,500 employees or around 3.5 percent of its global workforce that will simplify management layers. According to CEO Mike Salvino, an estimated $2 billion “revenue runoff was due to suboptimal customer delivery and weakening customer relationships.”
IBM
IBM Launches Watson Works to Address the Challenges of Returning to the Workplace
IBM launches Watson Works, a portfolio of products that embeds AI to provide data-driven insights and help employers make informed decisions on workplace re-entry and safety.
IBM and SAP Announce New Offerings to Help Companies’ Journey to the Intelligent Enterprise
IBM and SAP expand their partnership to develop new intelligent industry-specific solutions to aid customers accelerate digital transformation. Both the companies focus on enhancing customer’s business value in areas such as automated cognitive intelligence, customer and user experiences, and industry-specific functionality and aid customers run SAP S/4HANA in hybrid cloud infrastructure.
IBM selects iBio for free use of platform to support COVID-19 vaccine development
IBM to offers the IBM Clinical Development (ICD) solution to iBio, a biologics contract manufacturing organization for free of charge for 18 months to support COVID-19 vaccine development. IBM also grants access to its ICS to Oncotelic, a wholly-owned subsidiary of Mateon Therapeutics, for the clinical trial evaluating the potential of Mateon’s lead drug candidate OT-101 in COVID-19 patients.
IBM Acquires Assets from Spanugo
IBM to acquire Spanugo, a US-based provider of cloud cybersecurity posture management solutions to bolster cloud for regulated industries including financial services, healthcare, insurance and more. Spanugo’s platform allows regulated industries to monitor compliance in real time.
IBM collaborates with Persistent Systems to help accelerate IBM Cloud Pak deployments and IT modernization for enterprises. Persistent also announced a new IBM Cloud Pak deployment practice to help organizations migrate and modernize IBM workloads across all cloud environments, including IBM public cloud and IBM Cloud services.
NTT Data
Leveraging solutions to help hospitals and healthcare research institutions to tackle COVID-19NTT Data will provide enhanced telemedicine and AI diagnostic imaging solutions to healthcare organizations across the globe to support measures against the outbreak of COVID-19.
NTT DATA and Microsoft Announce Strategic Collaboration to Enable New Digital SolutionsNTT Data expands its strategic collaboration to accelerate digital transformation for enterprises with Microsoft Azure as a preferred cloud solution.
NTT DATA establishes three new global centers for digital technologiesNTT Data establishes Centers of Excellence (CoE) in three advanced technology areas; IoT, Intelligent Automation, Software Engineering Automation. The CoEs aim to increase the presence of NTT DATA in seven fields of advanced digital technologies, including four previously established CoEs (AI, Blockchain, Agile/DevOps, Digital Design) across several countries.
NTT DATA’s Pandemic Response Portfolio Enables Clients to Pivot to a Safe ReturnNTT DATA announced a comprehensive COVID-19 Pandemic Response Portfolio of services to help businesses safely return to work. The portfolio includes the use of smart technology platforms that can support analysis, compliance, tracking and tracing and reporting functions.
Others
Optum hires ex-BCBSNC CEO to lead care solutionsOptum appoints Patrick Conway as the company’s CEO of Care Solutions. Previously, Patrick was the CEO of Blue Cross Blue Shield of North Carolina.
Somatus Raises $64M Series C To Accelerate Kidney Disease DiagnosisSomatus, specializing in kidney care and dialysis delivery solutions, announces a Series C funding round of $64 million led by Longitude Capital and co-led by Optum Ventures and Deerfield Management Co. Somatus will use the funding t to scale its model across the U.S. and invest in its technology.
With rising demand for in-home care, DispatchHealth scores $136M round backed by Optum VenturesDispatchHealth, a Denver-based provider of on-demand in-home care, secures $135.8 million in a Series C funding led by Optum Ventures. The funding will be used to expand into new markets and expand its service line.
Health care delivery for local veterans begins under new VA contractOptum wins contract with the U.S. Department of Veterans Affairs (VA) to manage community healthcare network in regions including Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Oklahoma, Puerto Rico, South Carolina, Tennessee, and the U.S. Virgin Islands. The VA will replace TriWest Healthcare Alliance with Optum Public Sector Solutions as the provider over the next 30 days.
DocASAP Raises Financing from Optum Ventures to Accelerate Product Innovation and GrowthOptum Ventures led a funding round for DocASAP, an advanced patient access and engagement platform for health systems, health plans and physician groups. With the new funding, DocASAP aims to expand its payer-provider network and improve its platform for matching customers with healthcare providers.
Kaia Health plans expansion into virtual care for COPD with $26M in new fundingOptum Ventures led a $26 million Series B funding round for Kaia Health, a digital therapeutics company providing virtual care for COPD and musculoskeletal conditions. The funding will be used expand its digital therapy platforms for people managing musculoskeletal conditions and COPD.
Infoworks and Tech Mahindra Partner to Accelerate Enterprise Migration to the CloudInfoworks, a provider of automated Enterprise Data Operations and Orchestration (EDO2) systems, partners with Tech Mahindra to deliver a solution that will accelerate migration of on-premises based enterprise data warehouse (EDW) and Hadoop environments to the cloud.
Tech Mahindra Announces mPAC 3.0 – Next-Generation Cloud Management PlatformTech Mahindra announces mPAC 3.0 (Managed Platform for Adaptive Cloud), a next-generation cloud management platform for enterprises that will assist companies in transforming their businesses by accelerating their time to market and ensuring cost optimization across verticals.
Predictmedix and Tech Mahindra to Offer AI Based Healthcare Solution for Post COVID-19 EnvironmentTech Mahindra collaborates with Predictmedix to offer AI-Based Healthcare solutions as a part of a suite of post-COVID-19 technology for workplace and safety.
