Ness Digital Engineering expands data capabilities with Intricity acquisition
Ness Digital Engineering, a prominent global full-lifecycle digital services transformation company, has strategically acquired Intricity, a leading provider of data strategy, governance, modernization, and monetization solutions. This acquisition marks a significant step for Ness in deepening its data service offerings, which are crucial for global F1000 clients aiming to generate new revenue streams and enhance operational efficiencies.
Ranjit Tinaikar, CEO of Ness Digital Engineering, emphasized the acquisition’s role in bolstering the company’s data engineering capabilities: “Ness has always had a strong capability in data engineering, and the acquisition of Intricity brings the data strategy and advisory capability. Furthermore, Ness will build on Intricity’s strategic alliances with Snowflake and Databricks,” he stated. This acquisition is expected to strengthen Ness’s position in the market by integrating Intricity’s expertise and enhancing service offerings to clients.
Intricity is renowned for its deep expertise in tackling complex data modernization and monetization challenges, which are vital in today’s digital transformation landscape. “Joining Ness, backed by KKR, presents an exciting opportunity to accelerate our growth trajectory worldwide. We are excited to leverage Ness’s global presence, digital competencies, and deep industry expertise to deliver digital transformation solutions to a wider range of clients,” said Arkady Kleyner, Principal & Co-Founder of Intricity.
Troy Clemente, Principal & Co-Founder of Intricity, also commented on the merger’s benefits: “We have successfully established ourselves as experts covering the entire information lifecycle, and by joining Ness, we can accelerate our combined clients’ AI journeys based on modern data infrastructures.”
The acquisition of Intricity by Ness Digital Engineering is a strategic move that reflects a growing trend in the digital transformation sector where companies seek to enhance their data capabilities to better meet the demands of a digitally evolving business environment. This merger is expected to provide Ness with a competitive edge in the digital services market, particularly in data strategy and management.