ALTEN
| Company type | Public |
|---|---|
| Industry | Engineering and technology consulting |
| Founded | 1988 |
| Founder | Simon Azoulay, Laurent Schwarz, Thierry Woog |
| Headquarters | France |
Area served | Europe, Asia, Americas, Australia |
| Products | Engineering and technology consulting services |
Number of employees | 57000 (2023) |
| Website | www |
ALTEN is a multinational engineering and technology consulting firm headquartered in France, established in 1988. The company maintains a presence in 30 countries spanning Europe, Asia, the Americas, and Australia.[1] ALTEN is publicly traded on Euronext Paris (ISIN FR0000071946) and is part of the SBF 120, IT CAC 50 index, and MIDCAP 100.
As of 2023, ALTEN’s workforce numbered 57,000 employees with revenues reaching €4.06 billion.[2] The French market accounts for approximately 35% of its total business.
Company profile
ALTEN functions on a global scale as a provider of engineering and technology consulting services. It supports design and research & development initiatives for technical and IT departments primarily within industrial sectors as well as telecommunications and services. The firm focuses on developing technological products for technical divisions and also delivers network architecture and IT system solutions to information systems teams.
The company caters to a broad range of industries including telecommunications, computing systems, networking technologies, multimedia, defense sectors, aerospace, and information systems.[3]
History
Founded in 1988 by engineers Simon Azoulay, Laurent Schwarz, and Thierry Woog, ALTEN initially expanded its operations across France between 1988 and 1997. The company went public in 1999 on the Paris Stock Exchange’s second market. Its international growth commenced in 2000 with foreign revenue constituting 20% by 2003. Expansion continued into Asian and American markets by 2012. Strategic acquisitions focused on core business areas were pursued especially throughout Europe around 2016. By 2019, revenue from international markets represented 56.8% of the Group’s total income.
Organization
ALTEN’s structure is divided into five main segments:
- Paris Engineering and Technology Consulting (ETC)
- Paris Networks Telecoms & Information Systems (NTIS)
- French Regional operations
- International operations
- Solutions Division: encompassing specialized entities such as MI-GSO (program management office and program management), Anotech Energy (oil & gas sector), Atexis (engineering support for customers), Avenir Conseil (technical training services), and PCU3ED (a global leader in project and program management)
Services
- Outsourcing for engineering and research & development
- IT infrastructure and network service provision
- Consulting services including expertise and customer support
Acquisitions
Significant acquisitions enhancing ALTEN’s global reach include Calsoft Labs (India/USA) in 2011; Bardenheuer (Germany) and Enea Consulting (Sweden) also in 2011; cPrime Inc. (USA) in 2014; EclipseIT BV (Netherlands) in 2015; Quick Release (UK) in 2019; Volansys (India/USA) alongside AP Solutions (Korea) in 2022; and Ayesa Air Control (Spain/Germany) in 2023. These acquisitions have broadened the company’s international presence and diversified its service offerings.
Labor disputes in Alten Spain
Between July and December of 2012, Alten Spain terminated employment for over one hundred workers due to declining sales figures. In December of that year, the company sought to dismiss an additional 140 employees while proposing a salary cut of 10% for remaining personnel. This led to a strike initiated by Alten’s workforce in January 2013.
External links
- French engineering enterprises
- Engineering consultancy firms based in France
- Consulting firms founded in 1988
- Global engineering consultancy companies
- Worldwide IT consulting organizations
- International management advisory firms
- French corporations founded in 1988
- Enterprises traded on Euronext Paris
- Engineering companies of France