Introduction
Ness digital engineering is one of the top digital transformation companies helping businesses worldwide in their digital transformation effort through a range of digital offerings in Cloud, Data & Analytics, Experience Design, Intelligent Engineering, and Salesforce. The company also offers specialized industry offerings in Financial Services, Manufacturing and Transportation, Media, Entertainment & Education, and Technology & ISVs. The company also has a proven methodology to help businesses assess their readiness to adopt digital transformation technologies, find areas where they can create value, and develop a roadmap to help them implement these effectively. Be it transforming customer engagement, developing intelligent IoT-driven products, virtualizing people processes, redefining supply chain boundaries, in creating new digital ecosystems. We aim to create and integrate software products and digital platforms and offer digital advisory through scaled engineering services to enable our customers to stay ahead of the competition. Ness is a full digital transformation specialist, which makes us the best digital engineering firm you can rely on to transform your business. Ness has announced the acquisition of Niyuj, a leading provider of software product engineering services specializing in digital infrastructure management, including cutting-edge software product expertise in Networking, Security, Storage, and Cloud Solutions.
Headquartered in Pune, India, Niyuj, with approximately 200 engineers, specializes in building groundbreaking software products and product expertise for early-stage start-ups and Fortune 500 companies and has delivered more than 80 best-in-class technology solutions. Niyuj is the engineering partner of choice for clients who want to re-engineer inefficient architectures, develop IP, simplify product complexities, accelerate time to market, and drive cost efficiencies at scale. CEO ally, Inc. served as the exclusive buy-side M&A advisor to Ness to acquisition engineer this transaction. LegaLogic served as the exclusive strategic advisor and legal counsel to Niyuj to acquisition engineer this transaction. In a broader sense, both advisors had some sort of a local guide program. This local guide program influenced the success of this acquisition by providing insight into the market dynamics, cultural nuances, and regulatory factors. The local guide program was valuable. The local guide program influenced the success of this acquisition. The local guide program also had consultants and advisors. The local guide program also took into account all the considerations of the markets in which the companies have their presence.
What is Niyuj?
Niyuj is a software product engineering services company headquartered in Pune, India. Niyuj Pune specializes in building software products for early-stage start-ups and Fortune 500 companies. Niyuj’s expertise includes a focus on digital infrastructure management. “At Niyuj, we engineer products from inception to implementation and ongoing support and DevOps, covering the entire product lifecycle, driving innovation for our clients,” said Avinash Shenoi, Founder & Director at Niyuj Pune. “Joining Ness, one of the few at-scale pure digital engineering players that seamlessly manages projects from strategy through execution, allows Niyuj enterprise software solutions to scale those capabilities further and drive measurable business results for our customers.”
Why did Ness acquire Niyuj?
Ness acquired Niyuj enterprise software solutions to strengthen its software product engineering expertise. This acquisition of expertise engineering from Niyuj strengthens the ability of Ness to offer its clients a wider range of services, including software product development, software product maintenance, testing, and software product deployment. The acquisition of expertise will also allow Ness to tap into Niyuj’s expertise engineering in digital infrastructure management. It also includes product acquisition to improve Ness’s offerings portfolio and serve clients’ digital transformation needs. The product acquisition also strengthens the market position of Ness. This digital acquisition of Niyuj includes an elaborate technology-based due diligence process and financial evaluations. It also included a digital acquisition strategy where both businesses could converge on similar digital grounds, whether daily operations or expectations. The digital acquisition strategy had a clear ownership and responsibility matrix to uncover the full potential of the acquisition in a minimum turnaround time. The entire digital acquire process involves acquiring digital assets like software and other IP of Niyuj. Digital acquire also involves Ness getting overall ownership and control of technology-based entities of Niyuj.
“At Niyuj, we engineer products from inception to implementation and ongoing support and DevOps, covering the entire product lifecycle, driving innovation for our clients,” said Avinash Shenoi, Founder & Director at Niyuj.“ Joining Ness, one of the few at-scale pure digital engineering players that seamlessly manages projects from strategy through execution, allows Niyuj to scale those capabilities further and drive measurable business results for our customers.”
“Niyuj is one of the product engineering firms well positioned to take advantage of the acceleration from hardware-centric devices to cloud-based services in digital infrastructure solutions,” said Ranjit Tinaikar, Chief Executive Officer, Ness. “Their core competence in product engineering coupled with their domain expertise in building software solutions for digital infrastructure companies strengthens our strategic focus on specific industry domains, particularly our Technology and ISV vertical.”
What does the acquisition mean for clients?
The acquisition of Niyuj, one of the leading product engineering firms, means the clients of Ness have access to Niyuj’s expertise in software product engineering services. This will allow them to get their software products to market faster and with fewer risks. The acquisition will also enable Ness clients to tap into Niyuj’s expertise in digital infrastructure management. Niyuj has strong domain expertise in product engineering, and this can be synergized with the execution capabilities of Ness to deliver disruptive services and solutions for clients.
The combined strength of Niyuj and Ness can provide end-to-end services from developing strategy to execution in product engineering for digital infrastructure firms. Niyuj brings to Ness a specialized set of capabilities and, along with Ness’s strategic partnership with industry-leading technology providers and ability to handle large-scale digital transformation projects, strengthens the joint entity’s competitive advantage in the market, enabling clients to experience value through their technology, consulting, and business transformation capabilities. Ness can acquire expertise of Niyuj to evolve as the most wanted digital transformation partner for clients to meet their challenging digital transformation needs. Ness can acquire expertise of Niyuj to offer clients a broader set of solutions for them to realize their digital transformation goals. The acquisition of Niyuj will help Ness build products relevant to its client’s digital priorities at scale.
Conclusion
The acquisition of Niyuj is a strategic move for Ness. It will strengthen Ness’s product engineering expertise, risk focus and enable it to offer its clients a wider range of services. Ness will be able to service its clients by overcoming any time, efficiency, resource, risk focus, or capability constraints by capturing the synergies between Ness and Niyuj. It will add more impetus to the overall business of Ness, making the company more valuable to more customers. It will also amplify and accelerate the readiness of Ness in terms of technology and expertise to modernize legacy systems. Ness is now uniquely positioned to offer new solutions and services to meet the full lifecycle digital transformation need of any company.