Capgemini to reinforce its data-driven digital transformation capabilities with acquisition of Syniti
27 Agosto 2024 - 6:00PM
UK Regulatory
Capgemini to reinforce its data-driven digital transformation
capabilities with acquisition of Syniti
Media relations:
Sam Connatty
Tel.: +44 (0)370 904 3601
sam.connatty@capgemini.com
Investor relations:
Vincent Biraud
Tel.: +33 1 47 54 50 87
vincent.biraud@capgemini.com
Capgemini to reinforce its data-driven
digital transformation capabilities with acquisition of
Syniti
Acquisition will enable the Group to further
support clients in unlocking new value creation from their complex
data transformations, notably in the SAP ecosystem
Paris, August 27, 2024 -
Capgemini announced today that it has
signed an agreement to acquire Syniti, a leader in enterprise data
management software and services including platform and migration
services, with a global footprint. This acquisition will augment
the Group’s data-led solutions for clients across
the globe, in particular large scale SAP
transformations, such as the move to SAP S/4HANA.
Headquartered in the United States with
operations globally, Syniti has been putting data at the forefront
of digital transformation for more than 15 years. Its team of 1200+
data-focused experts specialize in managing complex data quality,
data migration and data governance initiatives for some of the
world’s largest companies. Syniti has deep expertise in sectors
such as 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 an SAP Endorsed App that has also been sold
as an 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, the acquisition of Syniti is good news for
organizations who are looking for options to base their enhanced
SAP business applications and processes on a solid data foundation
that they can trust. Especially clients who are implementing SAP
S/4HANA who have already found tremendous value in leveraging the
platform for continuous data transformation initiatives.
“A strong data foundation is key to enable
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.”
“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 a transaction of this nature.
About Capgemini
Capgemini is a global business and technology transformation
partner, helping organizations to accelerate their dual transition
to a digital and sustainable world, while creating tangible impact
for enterprises and society. It is a responsible and diverse group
of 340,000 team members in more than 50 countries. With its strong
over 55-year heritage, Capgemini is trusted by its clients to
unlock the value of technology to address the entire breadth of
their business needs. It delivers end-to-end services and solutions
leveraging strengths from strategy and design to engineering, all
fueled by its market leading capabilities in AI, cloud and data,
combined with its deep industry expertise and partner ecosystem.
The Group reported 2023 global revenues of €22.5 billion.
Get The Future You Want | www.capgemini.com
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