Capgemini (EPA: CAP), a global leader in consulting, digital transformation, technology, and engineering services, announced the signing of an agreement to acquire Syniti, a company specializing in enterprise data management software and services known for its platform and migration services with a global presence.
This strategic move is set to enhance Capgemini's data-driven digital transformation offerings, particularly for large-scale SAP transformations like the transition to SAP S/4HANA.
Syniti, headquartered in the United States and operating worldwide, has been focusing on data as a key element of digital transformation for over 15 years. The company's team of more than 1,200 data experts provides services in data quality, data migration, and data governance, catering to some of the largest companies globally. Syniti's expertise spans several industries, including life sciences, aerospace and defense, manufacturing, consumer products and retail, and automotive.
The company supports critical business transition projects such as mergers and acquisitions, ERP migration and consolidation, cloud transitions, and data compliance.
The Syniti Knowledge Platform, a unified cloud-based data management solution, aims to eliminate traditional silos in enterprise data management. It encourages collaboration among business stakeholders to drive successful and repeatable transformation initiatives. Recognized as an SAP Endorsed App, the platform has been marketed as an SAP Solution Extension for nearly a decade.
The acquisition of Syniti is poised to benefit organizations seeking reliable data foundations for their enhanced SAP business applications and processes. This is particularly relevant for clients implementing SAP S/4HANA, who have already recognized the value of the platform for ongoing data transformation initiatives.
Capgemini's CEO, Aiman Ezzat, remarked on the importance of a strong data foundation for generating reliable and high-quality insights, highlighting it as a priority for clients aiming to extract more value from their enterprise data through generative AI. He noted that Syniti's global team would bolster Capgemini's data-driven digital core business transformation services.
The completion of the transaction is expected in the coming months, pending regulatory approval and the satisfaction of customary conditions for a deal of this type.
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