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Capgemini signs agreement to acquire Quantmetry to enrich its AI and information consulting capabilities in France
Paris, October 28, 2022 – Capgemini introduced at this time that it has entered right into a share purchase agreement (SPA) to acquire Quantmetry, an impartial consulting agency specializing in mathematical information modelling and synthetic intelligence (AI) technological options. Quantmetry will strengthen the capabilities of Capgemini in France to ship information transformation at scale and within the growth of modern, high-impact services powered by trusted AI. It will additionally improve companies that allow clever trade1 and main business and technological transformations. The transaction is predicted to be accomplished within the coming days.
Created in 2011 in Paris, Quantmetry has constructed a status with main French gamers in manufacturing, vitality, retail, client items and insurance. The acquisition of Quantmetry will deepen the worth creation experience of Capgemini Invent, the digital innovation, design and transformation model of the Capgemini Group, in addition to enhance its capability to execute in France. It may also strengthen Capgemini’s management place within the AI and information consulting and transformation market.
“A significant part of our business is already specifically in this area,” says Mathieu Dougados, Managing Director, Capgemini Invent in France. “Quantmetry brings to Capgemini Invent specialist skills coupled with business and sector expertise that are highly complementary to those already existing within the Group, with very promising synergies. Our teams share the same values and the same ambition to carry out meaningful projects. This new team will enable us to be even stronger in sustainability services notably on our Data for Net Zero offering. With Quantmetry, we are strengthening our ability to deliver high-impact transformation programs.”
“We look ahead to being a part of Capgemini and persevering with to develop our experience and values inside the Group, in addition to rising our folks and delivering exemplary and impactful tasks to our purchasers,” provides Jeremy Harroch, CEO and Founder of Quantmetry. “Our consultants, engineers and researchers can be ready to put our R&D and machine studying experience on the center of an ecosystem of excellence. We are dedicated to selling the moral use of arithmetic for business decision-making and the widespread good, in a pioneering spirit.“
About Capgemini
Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of over 350,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported in 2021 global revenues of €18 billion.
Get The Future You Want | www.capgemini.com
1 Intelligent Industry: refers to the digital transformation of business and know-how corporations. Capgemini’s imaginative and prescient of good trade incorporates the convergence of the bodily and digital worlds, in addition to the convergence of IT (info know-how) and OT (operational know-how), paving the way in which for a know-how revolution in R&D, engineering, manufacturing, provide chain, operations and companies. These large-scale transformation packages are information pushed.
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