LTIMindtree and SNP launch collaborative services platform for M&A programmes
LTI Mindtree on Wednesday announced that in collaboration with SNP, it has launched its latest platform ‘MELD’ for accelerated and reliable realisation of mergers, acquisitions and divestitures
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Bengaluru, 12 June: LTI Mindtree on Wednesday announced that in collaboration with SNP, it has launched its latest platform ‘MELD’ for accelerated and reliable realisation of mergers, acquisitions and divestitures.
The company said in a statement that with the use of this new platform, enterprises can accelerate the data integrations and process harmonizations for customers.
Enterprises embarking on M&A initiatives have a need for fast, lean, cost-effective solutions for addressing landscape consolidations, business process integrations & technology requirements in carve out and merger scenarios that ensure seamless data management and zero business disruption.
MELD addresses these requirements and incorporates a built-in framework for innovative data discovery and management and an accelerated cost-effective implementation, thus enabling enterprises to maximize business value with zero disruption for operations.
Commenting on the launch of new platform, Vineet Moroney, SVP and Global Head of Enterprise Applications of LTIMindtree said, “Our experience and learnings of deploying SAP have helped us to develop the MELD platform in collaboration with SNP, through which we will be able to provide accelerated discovery, reliable data management, enhanced testing, and de-risked deployment. This platform helps organisations to avoid redundancies and minimises the changes with the desired result of maximum adoption and faster time-to-value to achieve business outcomes.”
This integrated platform from LTIMindtree, and SNP will be an enabler for customers in manufacturing, consumer products, technology & services and energy & utilities segments undergoing acquisitions and divestitures, the company said.
Camilla Dahlen, President, and Managing Director, SNP North America said, “We are thrilled to partner with LTIMindtree in the M&A and divestiture space where we specialise in the separation and migration of data for the businesses being acquired or spun off. Drawing upon our software automation platform CrystalBridge and our experience of over 1,300 projects across 29 industries, SNP is dedicated to delivering a faster, cost-effective data approach that minimizes disruption and allows companies to quickly improve business performance, drive growth and profitability.”