Audensiel is expanding its international presence by acquiring a stake in Cognodata, an expert in Data and Artificial Intelligence for the banking/finance, payments, insurance, healthcare, retail and travel & media sectors. Cognodata has 200 employees.
This operation is the first abroad for Audensiel.
Cognodata, with over 20 years of experience, has developed high-value SaaS solutions for its customers in Europe and Latin America: CognoPay for payments, CognoMind for the optimization of business processes integrating AI and CognoSpace, for marketing automation. Cognodata will generate €13 million in sales in 2022 from its offices in Madrid and Mexico City.
With this transaction, Audensiel, European leader in digital transformation, accelerates its international development and strengthens its strategic positioning in the Data/ AI business lines with a range of SaaS solutions.
Raul Garcia and Fernando Corbacho, founders of Cognodata, comment “We are delighted to add the expertise of Cognodata to that of Audensiel, a group known for its double mastery of business expertise and digital technologies. Audensiel will be a great partner to build relationships with new customers.”
Nicolas Pacault, President of Audensiel concludes “We are pleased to welcome the employees of Cognodata. This operation gives a real impetus to our international development with teams with identical DNA to ours. Our ambition is to integrate and deploy Cognodata’s innovative solutions offerings into our ecosystem.”