Datatonic, a number one cloud knowledge and AI options supplier, in the present day introduced the acquisition of Syntio, a specialist in knowledge engineering. The strategic acquisition considerably bolsters Datatonic’s enterprise service choices and world supply capabilities with deep knowledge engineering expertise together with knowledge ingestion, knowledge transformation and enterprise intelligence. Syntio additionally provides a buyer base which covers telcos, central banks and retailers throughout Europe to Datatonic’s rising world shopper listing.
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Syntio was listed within the Monetary Occasions as considered one of Europe’s fastest-growing corporations for 3 years in a row. Datatonic’s acquisition brings collectively two extremely complementary organizations, engaged on the hardest of information challenges, who share values and a dedication to delivering distinctive shopper outcomes.
For patrons, combining Datatonic’s experience in Generative AI and AI Platforms with Syntio’s deep technical specialization in knowledge engineering, means the mixed firm now affords the broadest vary of high-impact options and deep experience to its shoppers.
“We’re thrilled to welcome Syntio to the Datatonic household,” mentioned Scott Eivers, CEO at Datatonic. “This acquisition is a key step in our technique to develop our world attain and improve our service capabilities. Syntio’s gifted group and specialised experience will likely be invaluable as we proceed to ship modern knowledge and AI options to our shoppers.”
“Becoming a member of Datatonic at this stage within the evolution of AI and knowledge engineering is an thrilling alternative for Syntio,” mentioned Davorin Cetto, CEO of Syntio. “The dimensions of choices, the geographic protection and our mixed experience imply our prospects now have the very best know-how choices as they navigate in the direction of a cloud knowledge and AI-centric future. ”
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Datatonic is backed by Perwyn, a number one European personal fairness investor, which transforms companies by its value-added, hands-on engagement with administration groups.
Mike Rothwell, Funding Supervisor at Perwyn added: “We’re very pleased with this deal. The acquisition of Syntio expands Datatonic’s world footprint in addition to including the prime quality group that Davorin and Tomislav have constructed. This can increase the enterprise’ capabilities throughout generative AI, machine studying and knowledge analytics. We’ll proceed to help the expansion of the enterprise and its place as a market main knowledge and AI consultancy.”
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