Capgemini Enhances Digital Transformation with Syniti Acquisition
Capgemini Enhances Digital Transformation Capabilities
Capgemini has announced a strategic move to bolster its data-driven digital transformation capabilities through the acquisition of Syniti. This acquisition is set to equip the Group with the necessary tools to further support organizations in unlocking new avenues of value creation from their complex data transformations, particularly within the SAP ecosystem.
About the Acquisition of Syniti
The acquisition of Syniti is a significant step for Capgemini. Syniti is recognized globally as a leader in enterprise data management software and services, specializing in platform and migration services that are vital for businesses expanding their digital footprints. By integrating Syniti's offerings, Capgemini aims to enhance its data-led solutions for clients worldwide, especially for large-scale SAP transformations like the transition to SAP S/4HANA.
Overview of Syniti's Expertise
With over 15 years of experience, Syniti has built a strong reputation for placing data at the core of digital transformation efforts. The company employs more than 1,200 data experts who specialize in complex data quality management, data migration, and governance initiatives serving some of the largest corporations globally. Syniti's expertise spans various sectors, including life sciences, aerospace & defense, manufacturing, and consumer goods.
Utilization of the Syniti Knowledge Platform
Central to Syniti's offering is its market-leading Syniti Knowledge Platform, a unified, cloud-based solution designed to eliminate the data siloes that traditionally hinder enterprise data management. This collaborative platform enables stakeholders across businesses to effectively drive successful and repeatable business transformation initiatives. An SAP Endorsed App, the platform has been available for nearly a decade as an SAP Solution Extension under the name SAP Advanced Data Migration & Management by Syniti.
Benefits for Capgemini Clients
The integration of Syniti into Capgemini's services is expected to provide significant benefits for organizations seeking to enhance their SAP business applications and processes. Clients typically looking to implement SAP S/4HANA can leverage Syniti's platform for continuous data transformation initiatives, ensuring that their data foundation is solid and reliable.
Insights from Capgemini Leadership
Aiman Ezzat, Chief Executive Officer of the Capgemini Group, highlighted the importance of a strong data foundation, stating, "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. Syniti and Capgemini share the philosophy that digital transformation will always require data transformation to drive critical business benefits." This underscores the strategic rationale behind the acquisition and its alignment with Capgemini's goals.
Perspectives from Syniti’s Leadership
Kevin Campbell, CEO of Syniti, emphasizes the mutual recognition of the importance of data by both organizations. He stated, "Capgemini’s deep industry expertise and leadership in data & AI services highly complement Syniti’s data-first approach in the market, ensuring that more organizations bring data to the forefront of their business and digital transformation projects. Both companies are committed to innovation and client satisfaction, and we are thrilled at the prospect of becoming part of this global leader."
Future Prospects
The transaction is expected to finalize in the coming months, subject to regulatory approvals and customary conditions associated with acquisitions of this nature. This strategic acquisition solidifies Capgemini's position as a leader in the digital transformation landscape and enhances its ability to deliver comprehensive data-driven solutions to its clients.
About Capgemini
Capgemini is a prominent global business and technology transformation partner, assisting organizations in accelerating their transition to a digital and sustainable future while generating tangible impacts for both enterprises and society. With a diverse workforce of 340,000 individuals across more than 50 countries, Capgemini’s heritage of over 55 years has enabled it to gain trust from clients to effectively utilize technology in addressing their various business needs. The Group reported impressive global revenues recently, demonstrating its prowess in AI, cloud computing, and data analytics, complemented by deep industry knowledge and a robust partner ecosystem.
Frequently Asked Questions
What is the significance of Capgemini acquiring Syniti?
This acquisition enhances Capgemini’s capabilities in data-driven digital transformation, enabling deeper and more reliable data management tools for its clients.
What expertise does Syniti bring to Capgemini?
Syniti brings over 15 years of experience in enterprise data management, specializing in data quality, migration, and governance support for major corporations.
How will the acquisition impact SAP clients?
The acquisition will provide SAP clients with a stronger foundation for their business processes and applications, particularly concerning SAP S/4HANA implementations.
What is the Syniti Knowledge Platform?
The Syniti Knowledge Platform is a cloud-based data management platform that facilitates collaboration across business stakeholders for successful transformation initiatives.
When is the transaction expected to be finalized?
The transaction is anticipated to close in the coming months, pending regulatory approval and other standard transaction conditions.
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