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Mastek signs a definitive agreement to acquire US-based BizAnalytica

Jul 20, 2023

By: BlinkX Research Team

Mastek, a Leading Digital Engineering & Cloud Transformation Partner, announced its official agreement to purchase Boston, USA-based BizAnalytica, a leading provider of data cloud and modernization solutions. The strategic purchase will improve Mastek's data services and generative AI capabilities on a worldwide scale and give it access to a competent group of data scientists and architects.

In the regulatory filing, the company said this strategic alliance with top cloud platforms like Snowflake, Databricks, and AWS are a standout feature of BizAnalytica’s portfolio, furthering the company’s dominance in the industry.

BizAnalytica, which was founded in 2017, provides full-service data modernization and cloud solutions, including architectural design, system integration, data transfer, automation, management, warehousing, and analytics. 

The company's expertise empowers enterprises to make intelligent, data-driven decisions that drive revenue growth, the company said.

Hiral Chandrana, CEO of Mastek Group, commented on the acquisition, saying, "As organizations increasingly embrace cloud solutions for their data, optimizing data assets throughout the value chain becomes critical for making informed decisions. This acquisition marks a pivotal milestone in accelerating our presence in data engineering, cloud services, and the rapidly evolving Generative AI domain. BizAnalytica's strong data cloud and modernization capabilities, along with its valuable partnerships with industry-leading cloud platforms, will enable us to decomplex the cloud transformation journey for our clients, delivering trust, value, and velocity."

Source: Media Reports