Heidrick & Struggles Launches Global Government & Defense Tech Practice in Frontier Tech Push
The practice builds on the firm's longstanding history of providing mission-critical talent solutions to clients delivering technology solutions to governments around the world.
CHICAGO, April 30, 2025 /CNW/ -- Heidrick & Struggles (Nasdaq: HSII), a leading provider of global leadership and talent solutions, today announced the launch of its Government & Defense Tech Practice. It is estimated that governments account for roughly 10% of total spend on technology and IT services globally—highlighting a growing opportunity for Frontier Tech and government entities alike to realize a more innovative future. With more than 200 completed engagements, this practice reinforces the firm's commitment to the sector, bringing expertise from decades of client work, to ensure the right leaders are leading in the right way for these organizations providing technology solutions to governments at the national, state, and local levels globally.
"As technology has become integral to government and society, it is critical that technology solution providers have the talent necessary to help governments address their biggest challenges and opportunities – from resolving technical debt to continuing digital transformation, to incorporating next-generation technologies which better serve and protect citizens around the world," said Jason Schmucker, partner, Heidrick & Struggles and leader of the Government & Defense Tech practice. "Our proven track record of guiding Government & Defense Tech clients through periods of significant growth and transformation -- by placing new leaders, coaching and developing existing leaders, and enabling top teams and organizations to operate more effectively -- uniquely positions Heidrick & Struggles to continue supporting clients in today's fast-changing, ever-evolving, and interconnected world."
As governments lean on technology solution providers now more than ever – for capabilities ranging from cloud infrastructure and cybersecurity to AI and robotics – the new practice brings together more than 30 experienced Search and Consulting partners from our technology, IT services, aerospace & defense, energy, private equity, and venture capital practices across North America, Europe, Asia, and Australia markets.
"Our ever-evolving geopolitical and technological landscape, coupled with broader workforce shifts, has created a pressing need for next-generation, agile leadership and workforce ecosystems in what's traditionally been an insular industry," said Sam Burman, global managing partner, Frontier Tech at Heidrick & Struggles. "We have a strong foundation to build on and are excited for what we will continue to accomplish alongside our clients. Our global, cross-industry expertise will be crucial in helping clients navigate market dynamics and gain a competitive, tech-driven edge."
To learn more about Heidrick & Struggles' Government & Defense Technology Specialty Practice, insights, and capabilities, please visit: https://www.heidrick.com/en/industries/frontier-tech/government-defense-tech?utm_source=press+release
About Heidrick & Struggles
Heidrick & Struggles (Nasdaq: HSII) is the world's foremost advisor on executive leadership, driving superior client performance through premier human capital leadership advisory services. For more than 70 years, we've delivered value for our clients by leveraging unrivaled expertise to help organizations discover and enable outstanding leaders and teams. Learn more at www.heidrick.com.
SOURCE Heidrick & Struggles
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
8 hours ago
- Globe and Mail
Prediction: These 2 Stocks Could Beat the Market in the Next Decade
Those concerned about recent market volatility can take comfort in the fact that equity markets will likely deliver competitive returns over the next decade. Selling shares of top companies now may result in lower stock market gains than investors might have otherwise earned over the long term if they had held on. The better strategy is to stick to your holdings and be on the lookout for companies that can perform well, perhaps even better, than the market given enough time. Two stocks that might have what it takes are Roku (NASDAQ: ROKU) and MercadoLibre (NASDAQ: MELI). Here's more on these potential market beaters. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » 1. Roku Although Roku started 2025 strong, its shares have been in free fall for the past few weeks, partly due to somewhat disappointing financial results and guidance. Potential tariff-related headwinds are also not helping. Despite these concerns, the company's financial results remain strong, and its ecosystem continues to grow and strengthen. In the first quarter, Roku's revenue increased by 16% year over year to $1 billion. Streaming hours were 35.8 billion, 5.1 billion more than in the comparable period of the previous fiscal year. As more people spend more time on Roku's platform, the company's ecosystem becomes more valuable to advertisers, a classic example of the network effect. During the first period, Roku's platform revenue, which includes ad-related sales, increased by 17% year over year, compared to 11% year-over-year growth for its device segment, where it reports sales of its namesake streaming devices. Roku remains unprofitable, but it also made some progress on this front in the quarter, reporting a net loss per share of $0.19, which is better than the $0.35 reported in Q1 2024. Roku could feel some volatility in the near term, and the impact of tariffs remains somewhat uncertain. However, Roku has sold its devices at a loss before when faced with the choice. The company prioritizes deepening engagement within its ecosystem -- that's where the long-term opportunity lies. So, if tariffs lead to higher manufacturing costs for its devices, Roku will likely adopt the same strategy as before. Meanwhile, television viewing time is expected to continue shifting away from cable and toward streaming in the long run. And whichever giant in the industry wins the race makes little difference to Roku, which grants its users access to most of the big players in the streaming market. Advertising dollars will follow viewers wherever they go, providing Roku with plenty of revenue growth opportunities. Lastly, Roku's shares look reasonably valued. The company's forward price-to-sales ratio is just 2.3. The official undervalued range starts at 2, but the leader in the connected TV market in North America, even ahead of some tech giants, is worth the slight premium, in my view. Though the stock has dipped in the past few weeks, investors focused on the long game should seriously consider picking up the company's shares and holding on to them for the next decade. 2. MercadoLibre MercadoLibre is the undisputed leader in e-commerce in Latin America. The company has successfully fended off competition from local players and international powerhouses, including Amazon. But MercadoLibre isn't just an e-commerce platform -- it provides a comprehensive suite of services to merchants. The company's fintech platform also looks promising. MercadoLibre's dominance in these markets is leading to strong performances and financial results. The stock has increased by 48% this year. In the first quarter, the company's net revenue increased by 37% year over year to $5.9 billion. MercadoLibre's net income came in at $494 million, up 43.6% compared to the year-ago period. Other important metrics trended up, including gross merchandise volume, fintech monthly active users, and more. Those are the kinds of performances investors are used to with MercadoLibre. It arguably justified its forward price-to-earnings (P/E) ratio of 52.2, nearly twice the 27.9 average for the consumer discretionary sector. Here's the flip side: If MercadoLibre fails to perform in line with market expectations, its shares will drop significantly. Furthermore, although it does business in Latin America and won't suffer directly from the impact of tariffs, general economic instability that could result from President Donald Trump's trade policies would still have an impact on the stock. These are all legitimate concerns, but long-term investors should still consider buying the stock. There is massive whitespace in the e-commerce market in Latin America. Nobody is better positioned to benefit from it. MercadoLibre's revenue and profits should grow rapidly in the next 10 years. Even if the stock experiences a correction due to its valuation, in the long run, it should still outperform the market, just as it has in the past, despite some volatility and steep valuation metrics. MercadoLibre remains a strong candidate to outperform the market through 2035. Should you invest $1,000 in Roku right now? Before you buy stock in Roku, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Roku wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor 's total average return is792% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025
Globe and Mail
11 hours ago
- Globe and Mail
Prediction: 1 Artificial Intelligence (AI) Stock to Buy Before It Soars 100% in the Next Year (Hint: Not Palantir)
Palantir Technologies (NASDAQ: PLTR) has been an incredible investment throughout the artificial intelligence (AI) boom. The stock has advanced 1,900% since January 2023. But CoreWeave (NASDAQ: CRWV) could be the next big winner as the AI boom continues to unfold. The company held its initial public offering two months ago, and the share price has already tripled, but I think CoreWeave stock can double again in the next year. Here's why. CoreWeave is a leader in artificial intelligence infrastructure services CoreWeave provides cloud infrastructure and software services. Its platform (called a GPU cloud) is purpose-built for demanding workloads like artificial intelligence (AI). Research company SemiAnalysis recently ranked CoreWeave as the best GPU cloud on the market, awarding it higher scores than competitors like Amazon, Microsoft, and Alphabet 's Google. CoreWeave has distinguished itself from those hyperscalers in two ways. First, it is frequently the first cloud to deploy the latest Nvidia technologies due to its close relationship with the chipmaker. Second, CoreWeave is very good at running GPU clusters, such that it frequently achieves record-breaking results at the MLPerf benchmarks: objective tests that measure the performance of AI systems. CoreWeave reported tremendous first-quarter financial results. Revenue increased 420% to $981 million, and adjusted operating income (which excludes stock-based compensation and interest payments on debt) increased 550% to $162 million. As a caveat, the company reported a non-GAAP (generally accepted accounting principles) net loss of $150 million because interest payments on debt cut into profits. However, significant debt is unavoidable when building AI infrastructure, and CoreWeave has a responsible borrowing strategy involving what management calls "naturally deleveraging self-amortizing debt facilities." That means the company only takes on debt when a customer contract creates a need for additional AI infrastructure, and only if that contract more than covers the cost of the debt. CoreWeave disclosed an impressive customer list when it filed its Form S-1 with the SEC prior to its initial public offering, including IBM, Meta Platforms, Microsoft, and Nvidia. Since then, CoreWeave has won new contracts with OpenAI and an unnamed hyperscaler, such that the company now has a revenue backlog of nearly $26 billion. Why CoreWeave stock could return 100% in the next year CoreWeave currently trades at 26 times sales. That is objectively expensive, but it seems reasonable for a company with triple-digit revenue growth and a gross margin of 73%. For instance, fellow cloud services company Cloudflare reported 27% revenue growth with a 77% gross margin in the most recent quarter, and that stock trades at 35 times sales. Here's why I think CoreWeave stock can double during the next year: Wall Street estimates trailing-12-month sales will grow 200% over the next four quarters. If that happens, shares can double while the price-to-sales ratio drops to a more reasonable 17. That seems plausible, provided demand for AI infrastructure remains robust. Should you invest $1,000 in CoreWeave right now? Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor 's total average return is789% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Amazon, Nvidia, and Palantir Technologies. The Motley Fool has positions in and recommends Alphabet, Amazon, Cloudflare, International Business Machines, Meta Platforms, Microsoft, Nvidia, and Palantir Technologies. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
Globe and Mail
12 hours ago
- Globe and Mail
Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term.
The artificial intelligence (AI) boom is showing no signs of letting up. Executive teams want to leverage this technology, while employees are worried about how it could affect their jobs. And then there are investors that continue to look for ways to profit from this trend. Picking the right business could be a boon for your portfolio. If you have $3,000 ready to invest right now, here's one AI stock to buy and hold for the long term. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » At the forefront of AI "We will move from mobile-first to an AI-first world," CEO Sundar Pichai of Alphabet 's (NASDAQ: GOOGL)(NASDAQ: GOOG) then-Google division said in the company's 2015 letter to shareholders. This was to outline a fresh strategic focus and outlook of the tech landscape. Looking back with the benefit of hindsight, it's quite remarkable how prescient this perspective was. If we go even further back, Google was using machine learning capabilities in 2001 to help users with their spelling within its popular search engine. While everyone else seems to finally be coming around to the AI craze, Alphabet has been working on this technology for quite some time. This has become more notable recently, with different platforms leveraging AI to better serve users. For example, Search allows users to conduct queries with their cameras, Maps uses AI to provide traffic info, and YouTube can come up with captions for content creators. These are clear examples of AI helping improve the user experience. At its developer conference in May, one notable update that Alphabet announced was Agent Mode. Soon to be released, this tool can handle complex, multistep tasks from start to finish by conducting different activities like surfing the web or doing deep research. Waymo, Alphabet's autonomous vehicle (AV) and robotaxi unit, also leans heavily on AI when completing rides and ensuring a safe trip. It's also used for training and advancing the AV tech. Perhaps no segment has a greater opportunity in AI than Google Cloud. Cloud computing is a major growth market, as more IT spending shifts from on-site to off-premises. This has provided a tailwind. However, now that more companies are realizing that they must incorporate AI within their own operations, it makes Google Cloud even more critical as a vendor. During the first quarter of 2025, 74% of Alphabet's revenue, or $67 billion, came from digital advertising efforts. AI is helping these important customers by building automated ad campaigns in a budget-friendly way, for example. Alphabet is undoubtedly all-in on the AI transition. It's working on this technology to not only improve its existing products and services, but to create entirely new tools for users and customers to benefit from. That strategic focus positions it well for the future. Other reasons to buy this AI stock Based on these factors, it's understandable if you're starting to think that Alphabet might be the best AI stock to own. However, there are other reasons to appreciate this business and opportunity. Alphabet is in incredible financial shape. Even after sizable capital expenditures of $53 billion were made in 2024, the company still managed to bring in $73 billion in free cash flow. It generates unbelievable earnings that allow it to keep plowing more money into things like servers and data centers. Critics will say that this is wasteful spending, but it's a risk worth taking to ensure the business stays ahead of the curve. The current valuation is also too hard to ignore. As of this writing, shares are trading at a forward price-to-earnings ratio of 17.5. This multiple represents a 22% discount to the overall S&P 500. All this means investing $3,000 in the stock today and holding for the long term is a smart move. Should you invest $1,000 in Alphabet right now? Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor 's total average return is792% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025
