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Syniti Announces Investment Strategy To Support Data Management For Intelligent Enterprises

Syniti, a global leader in enterprise data management, announced a wide-ranging investment strategy to provide advanced resources to enable organizations transform into intelligent enterprises including support for SAP S/4HANA, SAP, Ariba, and other SAP solutions. SAP Advanced Data Migration by Syniti complements the RISE with SAP offering and is a solution of choice for effective data migration.
Highlighting the vital role data plays in enterprise success, a recentย HFS Research studyย showed thatย 90% ofย enterprise executives identify dataย maintenanceย as a critical success factor, while seven in tenย of those same business leadersย agree that โ€œthey are significantly under-utilizing their data resources due to poor data management.โ€

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To help executives address this problem, and to help organizations achieve data fit for an intelligent enterprise, Syniti is making the following investments:

  • Syniti has expanded its strategic partnerships to complement RISE with SAP by offering migration solutions for all migration scenarios including Brownfield, Greenfield, and Selective Data Transition.
  • Syniti now delivers powerful tools in a single commercial bundle to address issues like custom code remediation, shell creation, and direct table loads. Syniti’s capabilities are also available through its system integrator ecosystem of Global Alliance Partners.
  • Syniti hired Stefan Kaltwasser as VP of Global Alliances for SAP. Based at SAP headquarters in Waldorf, Germany, Stefan is exclusively focused on Synitiโ€™s global partnership with SAP and on delivering innovation to further enhance joint products and offers.
  • Syniti also opened a new office at the SAP Partnerport in SAPโ€™s headquarters in Waldorf, Germany. With this local presence, Syniti aims to strengthen strategic relationships with SAP Global, SAP Germany, and the SAP ecosystem of partners and enterprise customers.

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โ€œThe great challenge for organizations moving to SAP S/4HANA Cloud right now is their data,โ€ said Kevin Campbell, CEO of Syniti. โ€œAs global leaders in data management, we are determined to help enterprises solve their data challenges and move forward quickly with their transformation to become intelligent enterprises and accelerate their journey to next-generation ERP with speed, accuracy, and cost savings. With the investments weโ€™ve made, weโ€™re confident weโ€™ll see more organizations adopting SAP S/4HANA Cloud with Synitiโ€™s help.โ€
โ€œSyniti is a long-trusted partner of SAP and weโ€™re delighted to see this further investment in our alliance,โ€ said Tom Roberts, SVP Global Partners at SAP. โ€œWith the need for effective data management more important than ever, SAP Advanced Data Migration by Syniti, and its supporting packages provide an optimal toolset to get enterprise data prepared and migrated to SAP S/4HANA Cloud.โ€
Synitiย is experiencing record breaking growth with an all-time high in services bookings, 225% year-over-year (YoY) growth in software, 470% YoY growth in annual recurring revenue (ARR) in Cloud software, 88 successful go-lives in the last year, and a 99.7% customer satisfaction rating, the highest in company history.

Synitiย solves the world’s most complex data challenges by uniquely combining intelligent, AI-driven software and vast data expertise to yield certain and superior business outcomes.

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[To share your insights with us, please write toย sghosh@martechseries.com]

 

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