EDB ErgoGroup
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| Limited company | |
| Industry | Information technology |
| Predecessor | |
| Founded | Oslo, Norway (October 2010) |
| Headquarters | Oslo, Norway |
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Number of locations
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50 offices |
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Area served
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Worldwide |
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Key people
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| Services | |
| Revenue |
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Number of employees
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10,000 (2014) |
| Website | evry |
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Footnotes / references |
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| Private company | |
| Industry | Computer applications and IT services |
| Founded | Bangalore, India 1993 |
| Headquarters | Bangalore, India |
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Area served
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Worldwide |
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Key people
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Rajnish Mohan (CEO and Managing Director) |
| Products | IT products and services |
| Parent | EVRY ASA |
| Website | www |
Footnotes / references
Financials Key people
EVRY A/S is a Norwegian information technology company that supplies services relating to computing, including operation, outsourcing and online banking. The company is headquartered in Oslo. It was established through a merger between EDB Business Partner and ErgoGroup in 2010 and has 10,000 employees at 135 offices in 16 countries.
EDB ErgoGroup ASA was formed in 2010 with the merger of EDB Business Partner and ErgoGroup.Telenor owned most of the shares of ErgoGroup. The company subsequently changed its name to EVRY ASA in April 2012.
In August 2014, EVRY announced that it was initiating a process to investigate strategic opportunities. This was motivated by their assessment of the IT sector in the Nordic countries. In March 2015 Apax Partners became the majority owner of the company, a new board was appointed and it decided to apply for a de-listing from the stock exchange. On 29 October 2015, the company was delisted from the .
In August 2015, following the loss of a contract with Norwegian bank DNB, EVRY announced it would lay off 500-550 workers in Norway and Sweden to increase profits, saving NOK 400–500 million (about USD 50–60 million). In October 2015 it announced the transfer of a further 600 employees to IBM in an outsourcing deal worth USD 1 billion. In 2016 it announced it would double the manpower at its Indian subsidiary, then at 600 in Mohali and 1,500 in Bengaluru, over three years, investing INR 1–1.25 billion. EVRY had a total workforce of 9,400 in 2016.
EVRY acquired Span Infotech, an Indian IT company, which was renamed EVRY India to be coherent with its parent company. EVRY India is a software services company and a provider of IT and software product development services to customers based in Bangalore and Chandigarh, operating in banking and financial services, insurance, healthcare, retail and logistics industries.
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