Ness Digital Engineering, a global digital services transformation company, has recently completed the acquisition of Intricity, a leading provider of data strategy, governance, modernization, and monetization solutions. This strategic move enhances Ness’ data offerings, enabling global F1000 clients to generate new revenue streams and improve operational efficiency.
The acquisition expands Ness’ expertise in data engineering by incorporating Intricity’s data strategy and consulting capabilities. Furthermore, Ness will leverage Intricity’s strategic alliances with Snowflake and Databricks, ensuring additional value for their customers. Ranjit Tinaikar, CEO of Ness Digital Engineering, expressed his excitement about welcoming the talented Intricity team to Ness and combining their strengths to deliver even greater value to clients.
Intricity brings extensive expertise in managing complex data modernization and monetization challenges, which are vital components of any digital transformation initiative. Arkady Kleyner, Director and Co-founder of Intricity, expressed enthusiasm about joining forces with Ness, backed by KKR, which presents an exciting opportunity to accelerate their global growth trajectory. They look forward to leveraging Ness’ global presence, digital expertise, and industry knowledge to provide digital transformation solutions to a broader client base.
Building on Intricity’s success in covering the entire information lifecycle, Troy Clemente, Director and Co-founder of Intricity, noted that joining forces with Ness would enable them to expedite their clients’ AI journeys by leveraging modern data infrastructures.
Ness Digital Engineering has received financial advice from Zinnov for this acquisition. As a digital engineering company with a comprehensive lifecycle approach, Ness offers digital consultancy through large-scale engineering services. Headquartered in New York, Ness serves clients across 11 innovation centers in the United States, Eastern Europe, and India.
By seamlessly integrating core engineering capabilities with the latest digital strategies and technologies, Ness facilitates end-to-end digital transformation journeys, assisting companies in thriving in the digital economy. For more information, visit www.ness.com.
Logo: [Insert new logo image URL relevant to the article]
Ness Digital Engineering’s recent acquisition of Intricity strengthens their data offerings and positions them to capitalize on current market trends. The growing importance of data strategy and governance in digital transformation initiatives makes this acquisition a strategic move for Ness.
One current market trend is the increasing demand for data monetization solutions. Companies are realizing the value of their data assets and seeking ways to generate new revenue streams from them. With Intricity’s expertise in data strategy and monetization, Ness can help their global F1000 clients unlock the potential of their data and drive revenue growth.
Another trend is the rise of cloud-based data platforms. Ness will benefit from the strategic alliances that Intricity has with Snowflake and Databricks, two leading cloud-based data platform providers. These alliances will enable Ness to offer their clients additional value through access to advanced analytics, scalability, and flexibility provided by these platforms.
Forecasting the future, the demand for data engineering services is expected to continue growing as more companies embark on digital transformation journeys. By expanding their data engineering capabilities with this acquisition, Ness is well-positioned to meet this demand and help clients navigate the complexities of modern data infrastructures.
However, there are key challenges and controversies associated with data strategy and governance. One challenge is ensuring data privacy and security, especially with the increasing scrutiny on data breaches and regulations like the GDPR. Ness will need to prioritize data privacy and security to build trust with their clients and protect their data assets.
Additionally, there may be controversies surrounding the monetization of data, as ethical concerns arise about the collection and usage of personal data. Ness will need to navigate these controversies carefully and ensure they comply with relevant data protection regulations and ethical standards.
Overall, the acquisition of Intricity presents advantages for Ness Digital Engineering, such as expanding their data engineering expertise, leveraging strategic alliances, and capitalizing on the growing demand for data monetization solutions and cloud-based platforms. However, challenges related to data privacy, security, and ethical concerns must be addressed.
For more information on Ness Digital Engineering and their data offerings, visit their website: ness.com.