Engineering, a multinational IT company headquartered in Italy, recorded revenues of around €1.8 billion in 2024, with nearly €1.5 billion generated domestically. While overall growth was modest at 2.5%, Italian operations grew slightly faster at 3.7%. The company faced challenges in Finance, Public Sector, Automotive, and Utilities, while Manufacturing, Transport, and Telecom & Media performed better. Internationally, activities remained stable, with Brazil focusing on AI and APIs for Telecom and Utilities, and North America leveraging its Industry eXcellence expertise in Manufacturing and Transport.
Despite market pressures, Engineering consolidated its technological position. Key initiatives included €28 million in R&D investments, participation in projects funded by Italy’s National Recovery and Resilience Plan, and a strong focus on human capital through its in-house academy, which delivered over 22,200 training days in 2024. Organizational efforts also targeted strengthening vertical business units, especially in Finance. However, leadership changes — including the resignation of former CEO Maximo Ibarra and other senior figures — raised concerns about governance and potential business disruption. PAC believes the company has strong resources but must reinforce its commercial strategy to sustain growth.
Strategically speaking, Engineering has adopted a matrix model combining technologies and industry sectors. It focuses on enabling technologies, such as AI, cloud, blockchain, IoT, security, and digital twins, while also advancing proprietary platforms for banking, utilities, healthcare, and retail. Through its IndX and ENG Digital divisions, Engineering supports digital transformation in manufacturing, transport, and other sectors. Partnerships with global tech vendors like AWS, Microsoft, and SAP have further reinforced its position. Overall, Engineering’s vertical approach and investment in innovation underline its ambition to remain a key IT leader.
This Vendor Profile provides more details and an assessment of Engineering’s strategy and positioning, as well as a detailed analysis of its offerings, vertical expertise, and performance.
SHARE :
PAC has evaluated leading SAP service providers globally as well as key players in Europe and local markets in France, Germany, and the UK. This ...
Event Date : June 16, 2026
This Excel document is part of the company profiles PAC publishes every year at local, regional and worldwide level.
Event Date : May 30, 2025
This Excel document is part of the company profiles PAC publishes every year at local, regional and worldwide level.
Event Date : March 17, 2025
This document provides market volumes, growth rates and forecasts for Cloud Ecosystem Services in Japan for the 2022-2028 period.
Event Date : February 13, 2024
Artificial intelligence (AI) is redefining the strategic role of product information management (PIM) platforms. Traditionally considered centralized ...
Event Date : July 23, 2025
Manufacturing - Market View - Belgium
Market Reports October 02, 2026 NEW 
Banking - Market View - Belgium
Market Reports October 02, 2026 NEW
Expert View: Strategic Insights From Capgemini’s 2026 Analyst & Advisor Day Germany
Market Reports October 02, 2026 NEW
Computacenter - Figures - Worldwide - FY 31-Dec-2025
Datamart October 01, 2026 NEW
Computacenter - Vendor View - Worldwide
Vendor Profile October 01, 2026 NEW
Atos: Cause for Optimism, Despite the Headlines
Blog Post February 05, 2024
AI disrupts industrial engineering and triggers CONTACT Software’s expansion strategy
Blog Post September 28, 2026
Sovereign Cyber Defense in Germany: Moving Beyond Data Residency
Blog Post September 25, 2026
Cloud X Summit by STACKIT: "We have come to stay"
Blog Post September 23, 2026
Cyber Resilience and Sovereignty Are Becoming Buyer Requirements Across Europe
Blog Post September 22, 2026
DIGITAL X Helps Turn AI From Experimentation Into Measurable Value
Blog Post September 16, 2026
