Syniti CEO discusses companys evolution and Capgemini acquisition – Blocks and Files
Summary
The company raised $30 million from Goldman Sachs in a venture round in 2008 and acquired a few other businesses as it grew: HiT Software in 2010, ENTOTA in 2013, CompriseIT in 2016. All of those ways work.” We suggested that because Syniti is highly focused on a particular area of enterprise data management, it’s probably limited in its go-to-market capabilities, and Capgemini will enable the company to broaden its sales funnel and reach. Everybody’s taking the great technology of AI, but they learn quickly that if the data is bad, it just gives me garbage on the other side.” B&F tried to flesh this out a little, talking about “the magic phrase, retrieval-augmented generation. And what we’re going to start in the fourth quarter is incorporating the answers from some of the concepts into the product.” The GenAI space is developing fast with new models and techniques and they may well find their way into the product. So we’re continuing to upgrade the interfaces and things like that in the governance product.” We didn’t ask if or for how long Campbell would stay at the Syniti operation’s helm inside Capgemini.
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