Evolution Reorganizes Along Product Lines

ORGANIZATION AND STRATEGY

LONDON--Evolution, a provider of research generation and distribution software and IT consulting, is restructuring into four product lines in order to expand the company almost fivefold over the next five years, says Peter Robin, Evolution’s new CEO.

Robin says the restructuring effort (see chart) will be completed in early June.

The four groups include Innovation Labs, which works with banks to commercialize internally developed technology. The first product to come out of this group is Clari