Nagarro

Nagarro is a global software development and technology consulting company that provides services to companies and ISVs. Nagarro is known for agile engineering.[2] Part of the German technology group Allgeier SE (FWB: AEIN), Nagarro has offices in 21 countries and employs over 6000 workers worldwide. Its largest development center is in Gurgaon, India. Other major development centers include Timișoara, Romania; Vienna, Austria; Munich, Germany; Dubai, UAE; Jaipur, India; Valletta, Malta.

Nagarro
Subsidiary of Frankfurt-listed Allgeier SE
Founded1996 
Area served
North America, Europe, Middle East, Australia and Asia
Key people
  • Dr. Manas Fuloria (Co-founder and CEO)
  • Vikram Sehgal (Co-founder and COO)
Manmohan Gupta (Co-founder)
ServicesTechnology consulting and Software development
Number of employees
6188 (March 2020)[1]
Websitewww.nagarro.com

History

Over the years, several companies and entrepreneurs have come together to form today's Nagarro. The name comes from a company founded in 1996.

In 2011, Nagarro was acquired[3] by Allgeier SE, a Germany-based IT company. In 2014, Softcon, an Allgeier company already a part of the Nagarro division, changed its name to Nagarro and integrated wholly.[4] Also in 2014, Hexa Business Services merged with Nagarro in Austria.[5] In 2016, Conduct AS, an Oslo-based consulting company, merged with Nagarro to become Nagarro in Norway.[6] In December 2016, Nagarro acquired Silicon Valley-based mobile design and strategy company, Mokriya.[7] Later acquisitions include Austria-based test automation and consulting company, Anecon, in 2018[8] and Dubai-based Farabi Technology Middle East LLC, in 2019.[9]

On November 5, 2019, Allgeier SE announced that its Management Board has decided to spin-off and independently list its global technology and software development business.[10] The new business unit will have Nagarro as its core and adopt Nagarro's entrepreneurial organizational model.[11] In addition to Nagarro, the new entity shall also consist of other Allgeier businesses such as iQuest, operating in Romania, Switzerland, Germany and Poland; Objectiva, operating in the US and China; and the SAP business of Allgeier Enterprise Services, operating in Germany, France and Denmark.[12]

Acquisitions
Company Acquired Country Year Business domain Reference
Softcon AG Germany Jan 2014 IT Consultancy [4]
Hexa Business Services Austria Mar 2014 IT Consultancy [5]
Conduct AS Norway Feb 2016 IT Consultancy [6]
Mokriya USA Nov 2016 Mobile Design & Strategy [7]
Anecon Austria Jan 2018 Test Automation & Consulting [8]
Farabi Technology & Solutions 4 Mobility LLC Dubai Apr 2019 IT Consultancy [9]

Services

Services include Artificial Intelligence, Agile Application Development, Big Data Analytics, Cloud Services, Internet of Things, Enterprise Resource Planning, Digital Commerce, Quality Testing, Mobility Solutions, Product Engineering and Security.

In 2015, ASSA ABLOY and Nagarro launched the former's new shared technologies R&D and support Centre in India named "ASSA ABLOY Shared Technologies Gurgaon".[13] In 2016, Nagarro signed a long-term agreement with Lufthansa Systems to tackle the changing demands of the airline industry.[14] Nagarro is the digital transformation partner of Lufthansa Cargo.[15] Nagarro and Computing Systems Innovations announced their partnership to deliver artificial intelligence and enterprise content management (ECM) solutions to clients worldwide.[16] In 2019, Nagarro entered into a new partnership with Nokia for 'Factory in a Box 2.0' to build Augmented Reality solutions for the next gen connected workers.[17]

Locations

Nagarro has operations in the following locations:[18]

North America: San Jose, New York, Atlanta, Boston, Jacksonville, Chicago, Toronto, Monterrey, Guadalajara

Europe: Frankfurt, Munich, Leipzig, Timișoara, Vienna, Copenhagen, London, Stockholm, Oslo, Paris, Krakow, Malta, Helsinki

Middle East: Abu Dhabi, Dubai

Australia: Sydney, Melbourne

Asia: Gurgaon, Jaipur,[19] Bangalore, Hyderabad, Singapore, Kuala Lumpur, Tokyo, Bangkok

References
  1. "Nagarro | LinkedIn". LinkedIn. Retrieved 7 March 2020.
  2. Schütz, Roland. "Nagarro Customer Speak: Interview with Roland Schütz, CIO of Lufthansa Group". YouTube. Nagarro. Retrieved 7 March 2020.
  3. "Allgeier continues to drive international expansion". www.allgeier.com. Retrieved 7 March 2020.
  4. "SOFTCON AG is now Nagarro AG". www.allgeier.com. Retrieved 7 March 2020.
  5. "Allgeier SE strengthens Cloud expertise and Austria footprint". www.allgeier.com.
  6. "Nagarro acquires Conduct, a Norway based IT solutions provider". www.dqindia.com. 3 February 2016. Retrieved 28 August 2016.
  7. "Mokriya acquired by Nagarro". globenewswire.com. 14 December 2016.
  8. "ANECON becomes Nagarro". globenewswire.com. 19 January 2018.
  9. Nagarro. "Nagarro joins forces with Farabi and Solutions 4 Mobility in the UAE". www.nagarro.com. Retrieved 24 April 2019.
  10. "Allgeier strives for spin-off and independent listing of its global technology and software development business". www.allgeier.com. Retrieved 21 November 2019.
  11. "Allgeier strebt Abspaltung und eigenständige Börsennotierung des globalen Technologie- und Softwareentwicklungsgeschäfts an (deutsch)". wallstreet-online.de (in German). 5 November 2019. Retrieved 21 November 2019.
  12. "Allgeier strives for spin-off and independent listing of its global technology and software development business". www.bloomberg.com. Retrieved 21 November 2019.
  13. "Nagarro powers Assa Abloy". www.linkedin.com. Retrieved 16 September 2019.
  14. Bureau, Our. "Lufthansa Systems signs pact with Nagarro". @businessline. Retrieved 16 September 2019.
  15. "Lufthansa Systems and Nagarro expand cooperation". Retrieved 16 September 2019.
  16. GmbH, finanzen net. "Nagarro and Computing System Innovations Announce a Strategic Partnership to Deliver AI-driven ECM Solutions to Global Clients | Markets Insider". markets.businessinsider.com. Retrieved 16 September 2019.
  17. "Nagarro partners with Nokia on 'factory in a box 2.0' next generation supply chain solution". www.supplychaindigital.com. Retrieved 16 September 2019.
  18. "Nagarro Locations". www.nagarro.com. Retrieved 1 September 2016.
  19. "MoU between Mahindra World City and Nagarro" (PDF).
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