Business Process Management company WNS on March 11 announced that it has acquired data modernisation and democratisation services firm Kipi.ai. The acquisition is expected to accelerate WNS’ analytics and artificial intelligence (AI) practice that drives decision intelligence across industries.
"Founded in 2021 and headquartered in Houston, Texas, Kipi.ai is a Snowflake Elite Partner, bringing one of the world’s largest Snowflake talent pools to WNS with approximately 600 SnowPro certifications globally," the company said in a release.
Kipi has created over 250 proprietary accelerators, enablers, applications, and solutions leveraging AI, Machine Learning, Generative AI, and advanced analytics. WNS will get the Kipi's over 600 global employees including over 450 data engineers, solutions architects, data scientists, and business analysts.
Kipi provides strategy, execution, and managed service capabilities across data engineering, advanced analytics, and data science. Their client base is US-centric, with strong domain expertise in Banking/Financial Services, Insurance, Manufacturing/Retail, High Tech/Professional Services, and Healthcare/Life Sciences.
Keshav Murugesh, WNS’ Chief Executive Officer said Kipi’s market-differentiated data modernisation capabilities and talented team are an excellent fit for WNS. "We strongly believe that this strategic business combination can deliver enhanced value for all our key stakeholders including clients, employees, and shareholders. On behalf of the entire WNS family, I am excited to welcome Kipi.ai,” Murugesh was quoted as saying in the release.
The BPM company said this acquisition will not materially impact fiscal 2025 fourth-quarter revenue or profitability, and based on current visibility, Kipi is expected to contribute approximately 2% to WNS’ revenue less repair payments.
"Kipi.ai is excited to join forces with WNS, an industry leader in digitally-led business transformation services. The strong cultural alignment and complementary service offerings between our two firms will unlock the full potential of AI and offer opportunities to grow and better serve our global clients,” said Jason Small, Founder and CEO of Kipi.ai.
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