One of the global professional services firms Genpact announced the acquisition of Enquero, which is an industry-leading data engineering and analytics firm. According to sources, the acquisition will help in accelerating the ability of Genpact in leveraging the data and cloud technologies to drive digital transformation services through advanced analytics.
‘Tiger’ Tyagarajan, chief executive officer of Genpact said, “Today’s announcement increases the scale and depth of our data and analytics teams and further enhances our capabilities to accelerate the digital transformation journeys of our clients.” He added, “I am excited that Arvinder Pal Singh and the very talented Enquero team are joining Genpact at a time when we are seeing strong demand from our clients for exactly these types of solutions to help them navigate and win in challenging markets.”
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In an environment where organizations across industries and geographies are experiencing unprecedented volatility — from supply and demand challenges to seismic shifts in customer expectations and business models – the smart use of data at the core of an organization will be critical to business growth. As businesses are contending with an ever-increasing volume and complexity of data – external and internal, structured and unstructured, this acquisition will enhance the capabilities as well as extend Genpact’s strong foundation of existing capabilities in delivering end-to-end transformation to enterprise clients.
Arvinder Pal Singh, who is the chief executive officer at Enquero stated, “Enquero enables our clients’ strategies to succeed through orchestrating data, process, and technology in a connected digital ecosystem. We started Enquero in 2014 in Silicon Valley to help organizations better leverage data and cloud technologies.” Singh added, “Joining Genpact is the logical next step for us. Genpact’s domain, process and technology leadership, global footprint, scale, and extensive client base will help both Genpact and Enquero, as a combined force, scale our solutions to transform even more organizations.”
Singh will continue to lead the business, which will be rebranded Enquero, a Genpact company, and all Enquero employees will join Genpact.