Alten is a leading provider of IT and Engineering services. With over 37,000 engineers spread across over 30 countries, Alten has emerged as a pioneer in outsourced R&D, engineering, and IT services in under 30 years. The company’s engineers work on intricate and highly technological projects for the most prestigious businesses in all industries, services, and telecommunications.
About The Company
Incorporated in France in 1988, Alten is a global tech consulting and engineering firm. It has a presence in over 25 countries and over 33,700 employees. The shares of Alten are traded on the Euronext Paris market in compartment B. They are included in the SBF 120, IT CAC 50, and MIDCAP 100 indexes and are qualified for the Deferred Settlement Service. In 2018, the company had a revenue of over €2.269 Billion. Forty-five percent of the Group’s business is focused on the French market. Over the past few years, Alten has acquired several companies like Calsoft Labs, Bardenheuer, Enea Consulting (Sweden) cPrime Inc., EclipseIT BV, and Quick Release (UK), and Volansys.
History
Three engineers from prestigious universities, Simon Azoulay, Laurent Schwarz, and Thierry Woog, formed Alten in 1988. Between 1988 and 1997, the company built up its presence in France and expanded its operations. In 1999, the company debuted its IPO on the Paris Stock Exchange. In 2012, expansion was made toward Asia and USA. Since then, the Group has focused on making strategic business acquisitions in Europe consistent with its core business, especially in 2016. Thus, the international percentage of Group revenue in 2019 was 56.8%.
A wholly owned part of the Alten Group, Alten India offers engineering, technology, and digital transformation services. In India, it provides a wide range of services in numerous industries, from concepts to aftermarket services. Embedded. General Engineering, Aftermarket Support, and Digital are some of the company’s services. With over 3500 engineers, Alten in India has expanded since its founding in 2010 to help in areas that specifically cater to customer demands. In India, It has regional offices in Noida, Hyderabad, Pune, Bangalore, and Chennai.
Company Profile
Alten is a global technology consultation and engineering firm. It offers design and research projects for the technical and information systems departments in the industrial, telecommunication, and service industries. It works on technological product research and development for technical divisions. The business also builds IT solutions for information systems divisions and offers networks and telecoms design.
Alten offers services in various sectors, including information technology, defence, aviation, networking, and telecommunications.
Controversies
Alten Spain fired over 100 workers between July and December 2012 under the pretext of declining sales. Alten Spain attempted to terminate 140 employees in December 2012 and reduce the compensation of the remaining staff by 10%. As a result, employees issued a strike notice in January 2013.
In violation of the permitted uses of the trademarked terms “Engineer” and “Engineering,” Alten unlawfully markets its business across Canada as an engineering and R&D outsourcing firm. The company has never obtained a Certificate of Authorization from a professional engineering licensing organization in Ontario or any other Canadian jurisdiction. The company’s business is officially registered in Canada to provide staffing services, specifically office support and temporary help services, under the name of a subsidiary company of Proex Inc.
Founder – Simon Azoulay
Simon Azoulay, a French entrepreneur and the founder of Alten, formerly served as the chairman and chief executive officer of 18 different businesses. He is currently the CEO and Chairman at Alten. He is a Supélec alumnus. He created ALTEN with two other engineers in 1988 after overseeing the R&D department of Thalès.
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