Capgemini Acquires Syniti to Strengthen Data-Driven Transformation Capabilities

Capgemini Acquires Syniti to Strengthen Data-Driven Transformation Capabilities

(IN BRIEF) Capgemini has announced its acquisition of Syniti, a global leader in enterprise data management, to bolster its expertise in data-driven digital transformations. The acquisition will enhance Capgemini’s ability to support large-scale SAP migrations, particularly to SAP S/4HANA, and reinforce its position as a leader in digital transformation services. Syniti’s advanced data management platform and experienced team will enable Capgemini to provide clients with a stronger, more reliable foundation for their digital initiatives. The deal is expected to close in the coming months, pending regulatory approvals.

(PRESS RELEASE) PARIS, 28-Aug-2024 — /EuropaWire/ — In a strategic move to enhance its digital transformation capabilities, Capgemini has announced its agreement to acquire Syniti, a leading provider of enterprise data management software and services. This acquisition is set to strengthen Capgemini’s offerings, particularly in supporting large-scale SAP transformations, including migrations to SAP S/4HANA.

Syniti, headquartered in the United States, has over 15 years of experience in driving data-centric digital transformations. With a team of more than 1,200 data experts, Syniti specializes in data quality, migration, and governance for major global enterprises across various sectors, including life sciences, aerospace, manufacturing, retail, and automotive.

At the heart of Syniti’s offerings is the Syniti Knowledge Platform, a cloud-based data management solution designed to integrate and streamline enterprise data processes. As an SAP Endorsed App, this platform has been crucial in ensuring successful SAP data migrations and ongoing data transformations for businesses worldwide.

Capgemini’s acquisition of Syniti will provide clients with robust, reliable data foundations essential for leveraging emerging technologies like generative AI. This move underscores Capgemini’s commitment to delivering comprehensive data-driven digital transformation services.

“Data is the backbone of digital transformation,” said Aiman Ezzat, CEO of Capgemini Group. “By integrating Syniti’s expertise and innovative solutions, we are further empowering our clients to unlock significant value from their enterprise data, ensuring they stay ahead in an increasingly digital world.”

Kevin Campbell, CEO of Syniti, echoed this sentiment, expressing enthusiasm about the partnership. “Capgemini’s industry leadership and Syniti’s data-first approach are a perfect match. Together, we will help more organizations place data at the core of their business strategies, driving meaningful transformation.”

The acquisition is expected to be finalized in the coming months, pending regulatory approval and customary closing conditions.

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

Media Contact:

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

SOURCE: Capgemini