Capgemini strengthens its data-driven digital transformation capabilities with the acquisition of Syniti

Capgemini strengthens its data-driven digital transformation capabilities with the acquisition of Syniti

The acquisition will enable the Group to further support its customers in creating new value from their complex data transformations, particularly in the SAP ecosystem.

Paris, August 27, 2024 – Capgemini
today announced 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 further strengthen the data-led solutions for customers worldwide, in particular large-scale SAP transformations, such as the transition to SAP S/4HANA.

Headquartered in the United States with operations worldwide, Syniti has been putting data at the forefront of digital transformation for over 15 years. Its team of over 1,200 data-focused experts specializes in managing complex data quality, data migration, and data governance initiatives for some of the world’s largest companies. Syniti has deep expertise in industries such as life sciences, aerospace and defense, manufacturing, consumer products and retail, and automotive. Some of the mission-critical transition projects it supports include mergers and acquisitions, ERP migration and consolidation, cloud migration, and data compliance requirements.

The industry-leading Syniti Knowledge Platform is a unified, cloud-based data management platform designed to break down the silos 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 large SAP data migrations, the acquisition of Syniti is good news for organizations looking for options to build their enhanced SAP business applications and processes on a solid data foundation they can trust. Especially customers implementing SAP S/4HANA, who have already found tremendous value in leveraging the platform for ongoing data transformation initiatives.

“A strong data foundation is essential to enable relevant, reliable, and qualitative insights. It is a top priority for customers looking to extract more value from their enterprise data through generative AI,” said Aiman ​​​​Ezzat, Chief Executive Officer of the Capgemini Group. “Syniti and Capgemini share the philosophy that digital transformation always requires data transformation to achieve critical business benefits. Syniti is a leader in its field and a trusted global partner for large SAP data migrations. The global team will strengthen 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 to deliver real business benefits,” said Kevin Campbell, CEO of Syniti. “Capgemini’s deep industry expertise and leadership in data and AI services are an excellent complement to Syniti’s data-first approach in the market, ensuring more organizations put data at the forefront of their business and digital transformation projects. Both organizations have a deep commitment to innovation and customer satisfaction, and our team is excited about the prospect of joining this global leader.”

The transaction is expected to close in the coming months, subject to regulatory approvals and other customary closing conditions for a transaction of this nature.

About Capgemini
Capgemini is a global business and technology transformation partner, helping organisations accelerate their dual transitions to a digital and sustainable world, while creating tangible impact for business and society. It is a responsible and diverse group of 340,000 team members in over 50 countries. With a strong heritage spanning over 55 years, Capgemini is trusted by its clients to unlock the value of technology to address the full breadth of their business needs. It delivers end-to-end services and solutions that leverage strengths from strategy and design to engineering, all fueled by its leading capabilities in AI, Cloud and Data, combined with its deep industry knowledge and partner ecosystem. The Group reported global revenues of €22.5 billion in 2023.
Get the future you want | www.capgemini.com

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