Author: Jane Edwards|| Date Published: March 4, 2022
Jacobs (NYSE: J) has announced plans to establish a business unit that will focus on creating and delivering cyber, data, cloud and digital technology platforms to customers, and tapped Caesar Nieves, senior vice president of cyber and intelligence, to lead the new unit as executive VP.
The company said Thursday the establishment of the Divergent Solutions business unit is part of its three-year strategy to advance initiatives and achieve growth goals by 2025 and is aligned with one of the company’s three growth accelerators – data solutions.
Climate response and consulting and advisory are the two other accelerators identified during the process of creating the new strategy, which is based on an assessment of global trends, markets and capabilities to gain insights on opportunities, their projected spend and growth rates.
Bob Pragada, president and chief operating officer of Jacobs, said starting April 1, Divergent Solutions will run as a supporting unit to the company’s people and places and critical missions business lines for the balance of fiscal year 2022 and is expected to become a fully reportable segment by the first quarter of FY 2023.
Divergent Solutions under Nieves’ leadership will have three sub-units: cyber and intelligence; platforms, technologies and software; and technical and innovative solutions, according to a transcript of a video detailing Jacobs’ new strategy.
Jacobs also announced growth targets for critical mission solutions, people and places solutions and PA consulting businesses from FY 2022 through FY 2024 and additional strategic metrics to drive accountability for delivering on the strategy, including gender diversity and consulting and advisory talent base.
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