Nordic Capital selects Capgemini to help drive AI and Machine Learning for its portfolio companies
July 13 2020
Capgemini and Nordic Capital join forces to provide a platform to accelerate the implementation of artificial intelligence and machine learning as value drivers within Nordic Capital's portfolio companies.
Nordic Capital sees AI and Machine Learning as important technologies to accelerate automation and data insights across all industries. By working with Capgemini, Nordic Capital is implementing global access to a program which provides its portfolio companies with experts and knowledge to support and accelerate their AI journeys and maturity.
Capgemini is at the forefront of innovation, addressing the entire breadth of companies’ opportunities in an evolving world of cloud, digital and platforms. It has a broad offering of services to industrialize AI and machine learning, helping organizations scale for maximum impact and accelerate AI-infused transformation to realize sustainable and trusted business performance. By leveraging the power of AI and machine learning, Capgemini has helped its clients to grow and improve.
"The partnership with Capgemini is an investment in Nordic Capital's portfolio company Digitalization Toolbox and demonstrates Nordic Capital's commitment to drive digital and AI-infused transformation, embracing the technological developments within its portfolio companies. This is another great example of Nordic Capital's focus on Ownership Excellence, as we, together with Capgemini, can provide a unique combination of the best AI knowledge and business implementation services to Nordic Capital's portfolio companies", says Olof Faxander, Operating Partner, Nordic Capital Advisors.
“Nordic Capital is a landmark new client for Capgemini. We look forward to an active relationship and close collaboration where our deep domain expertise, wide range of accelerators in our Perform AI portfolio and strong team of data science professionals will contribute to the value creation of Nordic Capital’s portfolio companies,” says Kevin Jiang, Head of Insight Driven Enterprise practice at Capgemini Invent Sweden-Finland.
To kickstart this relationship, Capgemini has supported one of Nordic Capital’s portfolio companies in the Technology & Payments sector to utilize advanced machine learning algorithms that is anticipated to generate significant additional revenue. Discussions on how AI could support in value creation are being carried out with portfolio companies across all sectors.
Katarina Janerud, Communications Manager
Nordic Capital Advisors
Tel: +46 8 440 50 50
Tel.:+ 47 450 02 542
About Nordic Capital
Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Core sectors are Healthcare, Technology & Payments, Financial Services and Industrials & Business Services. Key regions are Northern Europe and globally for Healthcare. Since inception in 1989, Nordic Capital has invested more than EUR 14.5 billion in over 110 investments. The Nordic Capital vehicles are based in Jersey. They are advised by several non-discretionary sub-advisory entities based in Sweden, Denmark, Finland, Norway, Germany, the UK and the US, any or all of which are referred to as Nordic Capital Advisors. For further information about Nordic Capital, please visit www.nordiccapital.com
Capgemini is a global leader in consulting, digital transformation, technology and engineering services. The Group is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year+ heritage and deep industry-specific expertise, Capgemini enables organisations to realise their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. Today, it is a multicultural company of 270,000 team members in almost 50 countries. With Altran, the Group reported 2019 combined revenues of EUR 17 billion. Visit us at www.capgemini.com.