Report 29 Sep 2025

Engineering – Vendor Profile – Italy

Engineering is a leading Italian software and IT services company serving over 1,000 clients across five sectors, with €1.76 billion in 2024 revenues. It leverages research, acquisitions, and a wide range of competence centers that were recently aggregated into two technology divisions: Industries eXcellence (focused on Manufacturing and Transport) and ENG Digital (supports digital transformation across all sectors). Key offerings include AI, cloud, digital twins, APIs, and proprietary vertical platforms. Despite recording growth, Engineering faced some challenges, especially in Finance, Public Sector, Automotive, and Utilities, while performance was more positive in Manufacturing, Transport, and Telecom. PAC sees potential for Engineering’s future growth, but recent executive departures, including CEO Maximo Ibarra, pose governance risks, emphasizing the need for a reinforced commercial and sector-focused strategy.

This Vendor Profile provides more details and an assessment of Engineering’s strategy and positioning, plus a detailed analysis of its offerings, vertical expertise, and performance.