Philly People on “Business Transformation 150”

Constellation Research, a Silicon Valley-based tech research & advisory firm headed by R “Ray” Wang, has just released its 2020-2021 “Business Transformation 150″, which Constellation describes as “an elite list that recognizes the top global executives leading business transformation efforts in their organizations. Nominations from peers, technology vendors, industry influencers, and analysts power this listing.”

The BT 150 is all about Digital Transformation.

The BT 150 has its share of Philly area people:

Matthew Ernst

Sr. Director Technical Operations at Tendo Systems / ex – Jefferson Health

Chris Fielding

CIO at Sungard Availability Services

John T Marcante

Global Chief Information Officer Vanguard / Board member

Ann Michael

  CEO at Delta Think

Robert Neff

  Senior Director Product Management at Tendo Systems / ex- Jefferson Health)

Michele Norin

 Sr. Vice President and Chief Information Officer at Rutgers University

Claire Rutkowski

Chief Information Officer
Bentley Systems

Jim Swanson

EVP and Group CIO
Johnson & Johnson – A Drexel grad

Others mentioned include :

Bill McCorey

SVP – Global CIO
Universal Parks and Resorts / Comcast NBCU

Steven John

CIO at Aramark Uniform Services, AmeriPride Services, and Aramark Refreshment Services

If you’re hiring an onboarding specialist, there’s an even chance you will be hiring

Tom Paine

Something to pay attention to: If a company is hiring an onboarding specialist, there’s a fair chance that it might be planning to hire a few people.

One company in this situation is LearnUpon, a Dublin, Ireland-based company that has its US HQ in Philly. LearnUpon is a SaaS LMS (Learning Management System) used mostly in corporate or emerging SMB settings,. In late 2020, it raised $56 million from Boston-based Summit Partners.

Last October, LearnUpon’s CEO and co-founder Brendan Noud told TechCrunch the capital will be used in two areas:  to add more people to the startup’s engineering and product teams, and to bring on more people to help sell the product particularly in countries like the U.S., which already accounted for 70% of LearnUpon’s sales according to TechCrunch.

LearnUpon has over 200 employees overall. According to LinkedIn, it has 16 US employees all based in Philly.

CRO Parexel for sale?

Tom Paine

Lots of recent action in the CRO (Contract Research Organization) space. While most large CROs are not based in Philly, they typically are connected to the area in significant ways. They sell to pharma companies and research organizations, and work closely with clinical trial tech firms (which are frequently in Philly).

Last week, Thermo Fisher Scientific Inc. agreed to buy PPD Inc., for $17.4 billion. In February, Icon Plc agreed to acquire PRA Health Sciences Inc. for about $12 billion.

Now Massachusetts-based Parexel, or actually its PE owner Pamplona Capital Management, is considering a sale or a public listing, Bloomberg reports. Parexel, which bought a Philly clinical technology firm more than a decade ago, is reported to be seeking $9 billion including assumption of debt.

In a case of curious timing, Veeva Systems (which has operations in Radnor) and Parexel announced on Friday a joint strategic collaboration for clinical trials, in which Parexel will use Veeva’s clinical trial technology.

Veeva’s chief strategy officer Henry Levy came from PPD.

Would Veeva ever consider buying a CRO? I doubt it, but wouldn’t rule it out. Veeva’s acquisitions so far have been very focused and small, and they like highly digital businesses, and that’s worked well for them. But they could afford an acquisition of that size.

Philly EnterpriseTech Selected Podcasts 12/5/2020: Bentley Systems; eMoney Advisor; SAP Industry Cloud; SnowFlake; AWS

Jess Liberi, eMoney Advisors

SAP Industry Cloud
Snowflake CEO

Chariot Solutions on recent AWS outage