Synechron's Strategic Acquisitions Further Enhance Global ServiceNow Offerings in Finance

Synechron's New Global ServiceNow Practice



Synechron, a renowned leader in digital transformation consulting, recently announced an important milestone in its business growth by acquiring three firms: RapDev, Calitii, and Waivgen. This strategic move has positioned Synechron as the creator of the largest ServiceNow practice within the financial services landscape on a global scale.

The Significance of the Acquisitions



By amalgamating these three companies, Synechron aims to leverage their unique strengths and innovative solutions, focusing heavily on ServiceNow’s cloud-based platform capabilities. This powerful combination is expected to transform enterprise workflows and facilitate the integration of artificial intelligence (AI) into the daily operations of organizations. This development is especially pertinent in today’s fast-paced digital world, where efficiency and automation are key to maintaining a competitive edge.

Faisal Husain, CEO of Synechron, emphasized the pivotal nature of this moment in the company’s growth trajectory, expressing excitement about the opportunities that come from harnessing the power of ServiceNow combined with the expertise of these new acquisitions. “The power of ServiceNow is incredible, and we are excited to help our customers unlock that value through the industry knowledge and engineering prowess of this new team,” Husain stated.

Expanding Service Scope



Historically, Synechron has catered primarily to the banking, financial services, and insurance sectors. However, the expertise brought in by RapDev, Calitii, and Waivgen allows the firm to extend its reach into new markets, including healthcare, pharmaceuticals, energy, utilities, and airline sectors. This expansion into diverse industries illustrates the versatility and adaptability of Synechron’s offerings.

Expertise of Each Firm



  • - RapDev: Recognized as the world's largest Datadog partner, RapDev has carved its niche in performance monitoring and observability. Their expertise will significantly enhance Synechron's ability to provide comprehensive digital solutions to clients.

  • - Calitii: With profound experience in architecting and delivering complete ServiceNow implementations for leading banks, Calitii will contribute valuable insights into the regulatory and operational requirements of financial institutions.

  • - Waivgen: As a leader in Appian integration, Waivgen combines platform proficiency with extensive investments in agentic AI technology. Their extensive library of specialized agents for banking and financial service institutions will empower larger organizations to utilize AI effectively.

Leadership Insights



The leaders of the acquiring firms voiced their enthusiasm about the transition. Tameem Hourani, CEO of RapDev, noted their decision to join Synechron stemmed from a connection to the company's culture and entrepreneurial spirit. He mentioned this collaboration as an opportunity to accelerate their global growth, creating an exponential impact.

Calitii’s CEO, Patrick O'Connor, echoed similar sentiments, stating that joining forces with Synechron enables a broader set of capabilities to help banks innovate faster alongside ServiceNow. Meanwhile, Arjun Devadas, CEO of Waivgen, expressed his excitement about globally distributing their AI agents now part of Synechron's offerings.

About Synechron



Synechron stands as a powerhouse in the realm of digital transformation, skillfully blending creativity with innovative technology solutions. The firm specializes in a range of areas, including data analytics, cybersecurity, AI, and DevOps deployment across diverse sectors.

With a staggering workforce of over 16,000 employees operating from 60 offices worldwide, Synechron has firmly established its reputation as a leader in technology consulting. Their commitment to delivering customized solutions that adapt to evolving client needs is illustrated through their impressive R&D department, known as FinLabs.

In conclusion, the acquisition of RapDev, Calitii, and Waivgen is a strategic leap forward for Synechron, reinforcing its position as an industry leader while broadening its service offerings. As the digital transformation landscape continues to evolve, Synechron is poised to provide unparalleled solutions to a diverse client base, ensuring they remain at the forefront of innovation.

Topics Business Technology)

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