Paris, August 27, 2024 – Capgemini has officially signed an agreement to acquire Syniti, a renowned leader in enterprise data management software and services. This strategic acquisition is set to bolster Capgemini’s data-driven solutions, particularly in large-scale SAP transformations, including the migration to SAP S/4HANA.
Syniti, headquartered in the United States, has been a driving force in digital transformation for over 15 years. With a team of more than 1,200 data experts, Syniti specializes in complex data quality management, data migration, and data governance for some of the world’s largest corporations. The company’s expertise spans various sectors, including life sciences, aerospace & defense, manufacturing, consumer products & retail, and automotive. Syniti’s data solutions are critical for major transitions, such as mergers & acquisitions, ERP migrations, cloud adoption, and ensuring data compliance.
At the core of Syniti’s offerings is the Syniti Knowledge Platform, a unified, cloud-based data management platform designed to break down traditional data silos. This platform fosters collaboration among business stakeholders, driving successful and repeatable business transformations. As an SAP Endorsed App, the Syniti Knowledge Platform has been sold as SAP Advanced Data Migration & Management by Syniti for nearly a decade, further solidifying its market leadership.
Capgemini’s acquisition of Syniti is a significant development for organizations seeking to enhance their SAP applications and processes with a reliable data foundation. Especially for clients implementing SAP S/4HANA, this acquisition presents an opportunity to leverage Syniti’s platform for continuous data transformation.
“A strong data foundation is essential for delivering relevant, trusted, and high-quality insights,” said Aiman Ezzat, CEO of Capgemini Group. “As clients aim to unlock greater value from their enterprise data through generative AI, this acquisition aligns perfectly with our vision. Syniti’s expertise in data transformation complements Capgemini’s leadership in data-driven digital transformation.”
Kevin Campbell (KMC), CEO of Syniti, echoed this sentiment, stating, “Both Capgemini and Syniti understand that effective data management requires a blend of technical, business, and industry skills to deliver real business benefits. Our shared commitment to innovation and client satisfaction makes this partnership a natural fit.”
On LinkedIn Kevin Campbell posted stating “Super excited for the future. Echoing the strategic importance of data in the future of business. Mission, team and focus remains unchanged. With CapGemini we can accelerate into the future with with their global presence, scale, industry differentiation, focus on data and AI . “the best is truly yet to come !”
The transaction is expected to close in the coming months, pending regulatory approvals and customary closing conditions.
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