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Syniti and Data Migration Resources Merge to Accelerate Value and Innovation for Enterprise Digital Transformation-- Organization is uniquely positioned to solve complex data challenges that transform clients into efficient digital enterprises through a combined IP portfolio, expanded global footprint and the largest collection of data specialists in the world -- AI-driven platform converges a complete set of enterprise capabilities spanning data management, analytics and governance -- Company will operate under the Syniti brand, with Bridge Growth Partners, LLC as the majority shareholder BOSTON, May 4, 2021 /PRNewswire/ -- Syniti, a global leader in enterprise data management, and Data Migration Resources, Inc. (DMR), a proven provider of high-quality data to the world's leading organizations, today announced they have come together to uniquely address enterprises' rapidly growing need for holistic and strategic enterprise data management. With globally-trusted technology and expertise from thousands of successful go-lives, the organization provides unique solutions that rapidly translate data into valuable insights, helping enterprises grow faster, reduce risk and increase their competitive edge. It will operate under the Syniti name with Bridge Growth Partners, LLC as the majority shareholder. "Syniti represents the next generation of enterprise data management," said Kevin Campbell, CEO of Syniti. "Together, we're powerfully positioned to provide the highest levels of data quality with AI-driven solutions spanning migration and quality to master data management and metadata management. This gives our customers and partners the unique advantage of leveraging a single global provider to solve challenges throughout the data journey." Combined technology to fuel digital transformation "We're pleased to bring together, and rapidly scale, a very distinct platform of solutions and expertise unlike anything in the enterprise data management space," said Alok Singh, CEO of Bridge Growth Partners. "Digital transformation is driving change across all industries and enterpries must address heightened needs for data quality to support growth and manage competitive pressure." Ryan Rodenburg, CEO of DMR, said, "The value of enterprise data has never been higher. There is a unique opportunity created by combining these organizations as we're uniting the best-of-the-best: industry-leading innovation backed by the world's top data talent to ascribe trust in data and deliver unique, highly valuable business outcomes for our customers and partners." Extensive track record of success Together, Syniti will further augment its enterprise data leadership and global reach, and continue to work closely with industry-leading companies and the world's top global system integrators. Transaction Information About Syniti About Data Migration Resources, Inc. Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP's filings with the U.S. Securities and Exchange Commission ("SEC), including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies. About Bridge Growth Partners 1 De Simoni, G., Chien, M., Jain, A., Zaidi, E. (2021). Modern Data and Analytics Requirements Demand a Convergence of Data Management Capabilities. Gartner. https://www.gartner.com/en/documents/3957246/modern-data-and-analytics-requirements-demand-a-converge
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