logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Sew Acquires 3Insys - Provider Of An Agile Ipaas Integration Platform For The Energy And Utility Industry

Feb 03, 2023•almost 3 years ago

Acquiring Company

SEW

Acquired Company

3Insys -

Oil And GasEnergyArtificial Intelligence

Description

SEW, the leading provider of digital customer and workforce experience cloud platforms, announced the acquisition of 3Insys - Provider of an Agile Integration Platform delivering complete system, data, and security integration of IT-OT environments for the Energy and Utility industry. 3Insys products allow utilities to standardize on how applications are integrated into an organization, making it easier to automate business processes and share data across all applications. This combination will build upon the industry leadership to better serve energy and utility providers and compete in the global marketplace.

Company Information

Company

SEW

About

SEW, with its innovative and industry-leading cloud platforms, delivers the best Digital Customer Experiences (CX) and Workforce Experiences (WX), powered by AI, ML, and IoT Analytics, to the global energy, water, and gas providers. At SEW, the vision is to Engage, Empower, and Educate billions of people to save energy and water. We partner with businesses to deliver platforms that are easy-to-use, integrate seamlessly, and help build a strong technology foundation that allows them to become future-ready. Learn more about SEW here: www.SEW.Ai

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed