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Home News

Capgemini to acquire data management platform, Syniti

News Desk by News Desk
August 28, 2024
Capgemini to acquire data management platform, Syniti

Syniti

Capgemini has agreed to acquire Syniti, an enterprise data management software and services firm, including platform and migration services. This acquisition will augment the Group’s data-led solutions for clients worldwide, in particular large-scale SAP transformations, such as the move to SAP S/4HANA.

Syniti is Headquartered in the United States and has operations globally; it has been putting data at the forefront of digital transformation for over 15 years. Its team of 1200+ data-focused experts specializes in managing complex data quality, migration, and governance initiatives for some of the world’s largest companies.

Syniti has deep expertise in life sciences, aerospace & defense, manufacturing, consumer products & retail, and automotive. Examples of the business-critical transition projects that it supports include mergers & acquisitions, ERP migration and consolidation, moving to the cloud, and data compliance requirements.

Its market-leading Syniti Knowledge Platform is a unified, cloud-based data management platform devised to break down the siloes that have traditionally defined the enterprise data management space, providing a collaborative platform that all business stakeholders can leverage to drive successful and repeatable business transformation initiatives. The Syniti Knowledge Platform is a SAP-endorsed app that has also been sold as a SAP Solution Extension under the name SAP Advanced Data Migration & Management by Syniti for nearly a decade.

As a trusted global partner for major SAP data migrations, Syniti’s acquisition is good news for organizations looking for options to base their enhanced SAP business applications and processes on a solid data foundation that they can trust. This includes clients implementing SAP S/4HANA, who have already found tremendous value in leveraging the platform for continuous data transformation initiatives.

“A strong data foundation enables relevant, trusted and quality insights. It’s a top priority for clients as they look to unlock further value from their enterprise data thanks to generative AI,” comments Aiman Ezzat, Chief Executive Officer of the Capgemini Group. “Syniti and Capgemini share the philosophy that digital transformation will always require data transformation to drive critical business benefits. Syniti is a leader in its field and a trusted global partner for major SAP data migrations. Its global team will reinforce Capgemini’s data-driven digital core business transformation services.”

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“Capgemini and Syniti have long recognized the importance of data, and that the complexity of data work requires technical, business and industry skills in order to deliver real business benefits,” said Kevin Campbell, CEO of Syniti. “Capgemini’s deep industry expertise and leadership in data & AI services highly complement Syniti’s data-first approach in the market to ensure that more organizations bring data to the forefront of their business and digital transformation projects. Both organizations have a deep commitment to innovation and client satisfaction, and our team is excited by the prospect of joining this global leader.”

The transaction is due to close in the coming months, subject to regulatory approval and other customary conditions for this nature.

Source: Capgemini

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News Desk

News Desk

by CXO VOICE team memebrs, [email protected]

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