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Everest Group Names 2024’s Top Employers for GBS and Tech Talent

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Leading global research firm launches third annual edition of the Top GBS Employers™ and Top Employers for Tech Talent™ reports.

DALLAS, July 8, 2024 /PRNewswire-PRWeb/ — Everest Group today released the 2024 editions of the Top GBS Employers™ and Top Employers for Tech Talent™ reports. Initially released in 2022, Everest Group’s top employer reports were the first to evaluate the global business services (GBS) and tech market for their efficacy and ability to demonstrate their employee value proposition.

In future, we expect the battle for top talent to intensify, with employer brand perception becoming increasingly volatile. Companies that invest in career development, inclusive work environments, and competitive compensation will lead the pack.

In both reports, Everest Group analyzes the brand perception of leading GBS and tech employers across multiple dimensions, including compensation and benefits, work environment, office ecosystem, work-life balance, hybrid work policies, culture and values, leadership, career development, and diversity and inclusion. Everest Group’s reports allow enterprises to evaluate their strengths and benchmark themselves against competitors in their respective markets.

Key Findings:

Overall, employer brand perception in the GBS market continues to deteriorate, with average brand perception dropping by 3% in India and the Philippines. Poland is the market which bucks this trend, seeing an improvement in brand perception of 7%For tech employers, average employer brand perception scores declined across India (2%), the US (5%), and the UK (10%)A perceived lack of investment in career development and upskilling remains a major concern for employees. GBS ratings in this area have dropped 7% year-on-year in India and the Philippines. For tech employers, ratings in India, the US, and the UK have dropped by between 8-12%Work environment and compensation are crucial for GBS employers: 50% of companies with high ratings in this area outperform their peersFor tech talent, the work environment and diversity and inclusion are the two most crucial factors: 64% of companies with high ratings in these areas outperform their peersBrand perception is volatile, with 44% of last year’s top employers for tech talent falling out of the top quadrant. At the same time, almost a fifth of companies (15-20%) in the top quadrant have improved their year-on-year brand perception scores, underscoring the value of consistent investment to improve EVP

Download complimentary copies:
Everest Group Top GBS Employers™ in India, The Philippines, and Poland 2024
Everest Group Top Employers for Tech Talent™ in India, the US, and the UK 2024

According to Rohitashwa Aggarwal, Partner at Everest Group: “In today’s competitive talent landscape, our latest Top Employers research is indispensable. It delves deep into the employer brand perception of over 800 GBS and tech employers across key regions and offers critical and actionable insights. As companies navigate the complex challenges of attracting and retaining top talent, this report provides essential benchmarks and strategies to enhance employer brand perception, optimize talent management, and build resilient talent models for today and for the years ahead.”

“However, our findings reveal a troubling decline in employer brand perception for GBS and tech employers. A lack of investment in career growth is a major concern globally, which has consequently resulted in a drop in overall ratings. Crucially, we can see a widening gap between the majority of the market and the top performing organizations, which excel in providing better work environment, compensation, and diversity in the workplace.”

“In future, we expect the battle for top talent to intensify, with employer brand perception becoming increasingly volatile. Companies that invest in career development, inclusive work environments, and competitive compensation will lead the pack.”

About Everest Group
Everest Group is a leading research firm helping business leaders make confident decisions. We guide clients through today’s market challenges and strengthen their strategies by applying contextualized problem-solving to their unique situations. This drives maximum operational and financial performance and transformative experiences. Our deep expertise and tenacious research focused on technology, business processes, and engineering through the lenses of talent, sustainability, and sourcing delivers precise and action-oriented guidance. Find further details and in-depth content at http://www.everestgrp.com.

Everest Group Engage
Everest Group’s inaugural global conference event, “Everest Group Engage,” will be held September 30 – October 2 at the Renaissance Dallas Hotel. The theme of the conference is “The Pragmatic Edge: Designing Your Future.” The agenda will help C-suite leaders and teams in global business services, sourcing and vendor management, and shared services operate at peak productivity and efficiency. For more information, visit https://events.everestgrp.com/engage2024

Media Contact

Public Relations Everest Group, Everest Group, 2144513000, publicrelations@everestgrp.com, www.everestgrp.com

Lucy Birch, Everest Group, 2144513000, lucy.birch@everestgrp.com, www.everestgrp.com

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SOURCE Everest Group

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Texas Logistic and Fulfillment Expands to Over One Million Square Feet and Launches Renewable Energy Division

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May 21, 2025

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HOUSTON, May 21, 2025 /PRNewswire/ — Texas Logistic and Fulfillment, a leading 3PL and logistics provider, has reached a major milestone by operating over one million square feet of warehousing space across Texas. The company also proudly announces the launch of a dedicated renewable energy division specializing in solar panels and lithium battery storage.

Under the leadership of CEO Omri Shafran, the company is rapidly responding to Texas’s growing demand for clean energy infrastructure.

“Due to very high demand in the Texas market, we decided to establish a dedicated team and warehouses tailored for renewable energy products and solar panels,” said Shafran. “This includes HVAC-controlled facilities with low humidity—something that’s particularly challenging in Texas weather—as well as specialized forklifts and handling equipment. We’ve also created critical SOPs and assigned a specialized operations team to support this sector.”

This innovation has caught the attention of policymakers, including Texas Governor Greg Abbott, who praised the company’s forward-looking initiatives and encouraged more renewable energy companies to enter the Texas market.

Texas Logistic and Fulfillment is also celebrating a new strategic partnership with Tongwei Solar, the world’s largest solar panel manufacturer. The collaboration marks a significant step in strengthening global supply chains.

“These new partnerships will strengthen the relationship between Texas and leading Asian manufacturers,” noted Dimitri Menin, President of Texas Logistic and Fulfillment. “We’re proud that Texas Logistic will serve as the gateway for these companies into the U.S. market.”

With a 550% increase in sales over the past year, Texas Logistic and Fulfillment is on track to redefine the logistics landscape—not just in Texas, but across the United States.

View original content:https://www.prnewswire.com/news-releases/texas-logistic-and-fulfillment-expands-to-over-one-million-square-feet-and-launches-renewable-energy-division-302462425.html

SOURCE Texas Logistics and Fulfillment Services LLC

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Cognex to Present at the TD Cowen Technology, Media & Telecom Conference

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May 21, 2025

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NATICK, Mass., May 21, 2025 /PRNewswire/ — Cognex Corporation (NASDAQ: CGNX) today announced that Rob Willett, Chief Executive Officer, will participate in a fireside chat at the 53rd annual TD Cowen Technology, Media & Telecom Conference on Wednesday, May 28, 2025, beginning at 10:50 a.m. Eastern Daylight Time.

The presentation will be made available via webcast on the Investor Relations section of the Cognex website at www.cognex.com/investor.

About Cognex Corporation

Cognex Corporation (“Cognex”) invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in a wide range of businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, automotive components, and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is particularly valuable for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings are obtained through the reduction of labor or improved product quality.

Cognex is the world’s leader in the machine vision industry, having shipped more than 5 million image-based products, representing over $12 billion in cumulative revenue, since the company’s founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit Cognex online at www.cognex.com.

Investor Contacts:
Greer Aviv – Investor Relations
Jordan Bertier – Senior Manager, Investor Relations
Cognex Corporation
ir@cognex.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/cognex-to-present-at-the-td-cowen-technology-media–telecom-conference-302462387.html

SOURCE Cognex Corporation

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Reshoring Revolution: Manufacturing’s Homecoming Poised to Unleash Economic Transformation

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May 21, 2025

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SAN DIEGO, May 21, 2025 /PRNewswire/ — Flexible Assembly Systems Inc today announced that a confluence of global events and evolving economic strategies is illuminating significant opportunities for manufacturing reshoring. This trend, where companies bring production home, is gaining momentum, promising substantial benefits for national economies, supply chain stability, and innovation.

The drive behind reshoring is multifaceted. Geopolitical uncertainties, exposed supply chain vulnerabilities, and rising international shipping costs and tariffs have compelled businesses to re-evaluate. Furthermore, growing consumer preference for domestic goods and advancements in automation are making domestic manufacturing increasingly competitive.

“We are seeing a pivotal shift in manufacturing strategies,” notes Eddie Silverberg. “The focus is on resilience, quality control, and fostering innovation closer to home. Reshoring offers a clear pathway to these objectives.”

The advantages of reshoring extend beyond individual companies. It is anticipated to stimulate domestic job creation across various sectors, contributing to broader economic growth and a strengthened industrial base. Shorter supply chains also lead to reduced lead times, greater market agility, and a diminished carbon footprint.

Moreover, reshoring can foster robust innovation, with closer proximity between R&D and production accelerating technological implementation. Government initiatives are further encouraging this shift, aiming to rebuild key industries.

While transitioning to reshored operations presents challenges like upfront investment and potential skills gaps, the long-term strategic benefits are compelling. Companies recognize the advantages of enhanced production control, improved supply chain security, and the appeal of domestically made products.

As businesses navigate a dynamic global landscape, reshoring manufacturing is poised to reshape industries, bolster economies, and create a more secure, sustainable production future.

About Flexible Assembly Systems
Flexible Assembly Systems is an industrial supply distribution company with a focus on offering industrial tools and equipment to manufacturers in the Automotive, Aerospace, Defense, Electronics, and medical device segments. For more information, visit www.FlexibleAssembly.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/reshoring-revolution-manufacturings-homecoming-poised-to-unleash-economic-transformation-302462431.html

SOURCE Flexible Assembly Systems Inc

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