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EDB ErgoGroup

EVRY A/S
Limited company
Industry Information technology
Predecessor
Founded Oslo, Norway (October 2010 (2010-10))
Headquarters Oslo, Norway
Number of locations
50 offices
Area served
Worldwide
Key people
Services
Revenue
  • IncreaseNOK12.9 billion (2015)
  • NOK12.9 billion (2015)
  • IncreaseNOK811 million (2015)
  • NOK811 million (2015)
Number of employees
10,000 (2014)
Website evry.com

Footnotes / references
Financials Key people

Services
EVRY India Pvt. Ltd.
Private company
Industry Computer applications and IT services
Founded Bangalore, India 1993 (1993)
Headquarters Bangalore, India
Area served
Worldwide
Key people
Rajnish Mohan (CEO and Managing Director)
Products IT products and services
Parent EVRY ASA
Website www.evry.in

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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