Black & Veatch Holding Company Overview
Black & Veatch Holding Company is an engineering, procurement, consulting and construction company with a wide product portfolio serving various end users, such as oil & gas, power, smart cities, telecommunication, and transportation. It provides turnkey information and communications technology (ICT) solutions, including wireless, wireline and IP networks. Additionally, it provides information and operational technology (IT and OT) systems that are used for sharing secured information, monitoring and control, and data analytics.
Currently, Black & Veatch Holding Company has more than 110 offices, worldwide, and has presence in more than 100 countries, globally. Some of its subsidiaries are Black and Veatch International Company (UK), Ariston Consulting & Technologies, Inc. (US), and BV Solutions Group, Inc. (US). It primarily competes with Schneider Electric (France), ABB (Switzerland), Ericsson (Sweden), General Electric (US), and Digi International, Inc. (US).
Strategy
The company is primarily focused on developing new products and technologies as a part of its organic strategy. For instance, in 2018, the company developed a cellular wireless digital platform to enhance the network speed for communication of data and information. However, it can also strategize to expand its footprint in the emerging markets of the Middle East, as an expansion strategy.
