It was a busy week for QA Financial’s news team, with a range of new testing tools going live, a fair amount of acquisitions, several senior executives changing jobs and a number of sizeable capital raises. Here are this week’s highlights. You can find more news and features this weekend on QA Financial.
Theron Melrose on transforming performance testing at State Farm
With QA Financial’s annual Financial Forum less than a month away, on April 9 in Chicago, we checked in this week with one of the event’s key speakers, Theron Melrose (left).
As a Technology Manager at State Farm, the Illinois-based group of mutual insurance companies covering all of the U.S., Melrose has been leading agile management at the company since 2015 and finds himself always looking for new ways to work efficiently and keep work moving at the speed of agile.
Ahead of the event in Illinois, Melrose sits down with QA Financial to discuss some of the key topics he plans to dive into. Read the full interview here.
Deque Systems sues BrowserStack over testing codes: ‘stop stealing’
Shock and suprise within the QA testing community this week as software test equipment provider Deque Systems filed a lawsuit against BrowserStack in the U.S. over the use of one of its testing platforms.
Deque Systems reportedly alleges that BrowserStack acquired Deque’s proprietary testing platform DevTools, only for it to be taken apart and directly access its codes.
“When we looked at the extent of the copying, the theft was intentional, pervasive, blatant and frankly, really shameless,” stated Preety Kumar (right), the CEO and founder of Deque Systems. Read more about the upcoming lawsuit here.
Synopsys to launch testing tool for DevOps teams to catch app flaws
QA Financial was told this week that US automation and verification giant Synopsys is planning to roll out a new dynamic application security testing solution in April.
The tool is aimed at DevOps teams to help them detect security flaws in web applications.
“This platform empowers development, security, and DevOps teams to swiftly detect and address security flaws in contemporary web applications while maintaining development momentum,” explained Jason Schmitt (left), general manager of the Synopsys Software Integrity Group. Read the details about the new testing tool here.
California’s Kolena gives AI app testing a shot in the arm
San Francisco-based Kolena has launched a new web application that is designed to enable “rapid and accurate testing and validation of AI systems”, QA Financial was told this week.
The startup, founded only three years ago, said its new AI Quality Platform is able to significantly enhance the testing of various artificial intelligence-powered applications and platforms.
According to Mohamed Elgendy (right), co-founder and CEO of Kolena, rigorous and frequent testing becomes more and more important as the number of AI applications within the financial services space and elsewhere is experiencing a record increase. Read the full story here.
Software tester and QA firm Enhops sold to MSP ProArch
Tech services firm ProArch has reached a deal to buy Enhops, a software testing and quality assurance company based in Plano, Texas, and Hyderabad, India.
When approached by QA Financial, both companies declined to disclose any financial terms of the deal although ProArch did confirm the takeover is backed by private equity firm MSouth Capital.
According to Santosh Kaveti (left), the chief executive officer of ProArch, Enhops’ core proficiencies lie in digital product quality with offerings in quality assurance, quality engineering and quality advisory services, with a client base of mostly large banks and other large financial institutions, mostly in the U.S. Read more about this deal here.
Alten Group strikes deal to buy performance tester QA Consultants
Canadian performance tester QA Consultants confirmed to QA Financial this week that it had struck a deal for the company to be sold to France-based Alten Group.
For Alten Group, an international engineering and IT services company with more than 51,000 employees, the acquisition of QA Consultants makes a logical buy.
It primarily focuses on QA testing, performance testing, automation testing, functionality testing, security testing, accessibility, software testing, quality engineering and quality assurance.
Although Alex Rodov (right), the founder and managing partner of QA Consultants, declined to disclose any financial details of the agreement, he did say all of QA’s 3,000 staff across North America will be added to Alten Group and there are no job losses anticipated. You can read the full story here.
QA panel: GenAI is changing quality engineering at unprecedented speed
Quality engineering leaders from OpenText and Lloyds Banking Group discussed last week how GenAI is rapidly changing the nature of software testing across the board.
During an online seminar organised by QA Financial, testing specialists from both OpenText and Lloyds Banking Group agreed that engineering teams in financial services must innovate at speed without compromising on IT risk.
New standards of enterprise observability are essential to prepare for new regulations, they discussed, including the EU Digital Operations Resilience Act.
“Currently GenAi is the most game-changing thing that has happened for a long time,” said Richard Bishop (left), Lead Quality Engineer, Lloyds Banking Group, who was one of the key speakers. WATCH on demand: How AI will revolutionise DevOps and quality engineering.
Wipro promotes Capco’s UK chief Anne-Marie Rowland to CEO
Tech giant Wipro appointed this week a new chief executive officer for its business and technology management consultancy firm Capco.
Anne-Marie Rowland (right) will take over as CEO after Easter, on April 1, leaving het current role as managing partner of Capco’s business in the UK and Ireland.
As CEO of Capco, Rowland will report directly to Wipro CEO and managing director Thierry Delaporte and will become a member of Wipro’s Executive Committee (WEC).
Lance Levy, who has led Capco as CEO for close to a decade, will take on a new role as strategic advisor to support Capco’s strategic direction and Wipro’s overall Consulting strategy, the firm said in an emailed statement with QA Financial. You can read the full story here.
More news and features can be found on our dedicated news page HERE.
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