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Symphony Ventures

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Symphony Ventures
ISIN🆔
IndustryDigital Transformation, Business Services
Founded 📆November 2014
Founder 👔
Headquarters 🏙️,
London
,
United Kingdom
Area served 🗺️
Members
Number of employees
ParentSYKES Enterprises
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone
Footnotes / references
Logo from https://www.horsesforsources.com/sykes-acquires-symphony_102218

Symphony Ventures, also known as Symphony, is a business consulting and managed services company specializing in Intelligent Automation and Robotic Process Automation for enterprise clients. The company is headquartered in London, UK[1], with regional offices in the US, Mexico, Argentina, India, and Poland.[2]

Symphony's business model involves implementing and managing automation solutions for its clients. The processes that are automated are often back-office tasks that are manual or repetitive in nature. This phenomenon of outsourcing tasks to robotic process automation is often called no-shoring.

History

In 2014, Symphony Ventures was co-founded by BPO industry veterans: David Poole, Pascal Baker, David Brain, and Ian Barkin.[3][4]

On August 9, 2017, Symphony Ventures received $4.5 million in series-A financing from private equity firm, Livingbridge.[3]

On October 22, 2018, Symphony Ventures was acquired by SYKES Enterprises for £52 million ($69 million).[5][6][7]

Acquisitions

In September 2017, Symphony Ventures acquired the Mexican regional consultancy firm, RPA4Excellence, which specialized in Robotic Process Automation[8]

Partners

Symphony Ventures has partnered with Robotic Process Automation software firms, Blue Prism[9], UiPath[10], Automation Anywhere[11], and Thoughtonomy[12].[13]

On April 2017, Symphony Ventures announced a partnership with The Hackett Group to integrate their benchmarking and research capabilities with Symphony’s technical implementation and strategy capabilities.[14][15]

On March 5, 2018, Symphony Ventures partnered with IT Governance, a data protection and compliance firm, to offer new compliance solutions in light of GDPR regulations.[16]

On July 24, 2018, Symphony Ventures partnered with European consulting firm Sopra Steria to accelerate Intelligent Automation in the private and public sectors.[17]

References

  1. "Automation pioneer snapped up in £52m cash deal". BusinessCloud.co.uk. Retrieved 2018-11-08.
  2. "Symphony Ventures Brings Robotic Process Automation Services to India". Businesswire. September 2017.
  3. 3.0 3.1 "Symphony Ventures Secures £3.5 Million ($4.5 Million) in Series A Financing from Mid-Market Private Equity Firm Livingbridge". August 9, 2017.
  4. "Automation pioneer snapped up in £52m cash deal". BusinessCloud.co.uk. Retrieved 2018-11-08.
  5. "Symphony Ventures acquisition: Deal underscores RPA growth". SearchITChannel. Retrieved 2018-11-08.
  6. "Sykes Enterprises spending $69 million to raise its intelligent automation game". 2018-10-25. Retrieved 2018-11-08.
  7. "Automation pioneer snapped up in £52m cash deal". BusinessCloud.co.uk. Retrieved 2018-11-08.
  8. "Symphony Ventures Acquires Mexican RPA Provider RPA4Excellence". September 21, 2017.
  9. "Symphony Ventures the Largest RPA Pure Play Certified as Blue Prism Partner". Yahoo News. March 14, 2017.
  10. "Symphony Ventures Partners with UiPath to Accelerate Robotic Process Automation (RPA) Adoption Among Global Enterprises". Yahoo News. November 15, 2017.
  11. "Symphony Ventures Partners with a Global RPA Leader, Automation Anywhere". MarketWatch. Retrieved 2018-11-08.
  12. "https://www.bizjournals.com/boston/businesswire/press_releases/Massachusetts/2018/04/02/20180402005114". www.bizjournals.com. Retrieved 2018-11-08. External link in |title= (help)
  13. "Automation pioneer snapped up in £52m cash deal". BusinessCloud.co.uk. Retrieved 2018-11-08.
  14. "The Hackett Group & Symphony Ventures Announce Global Partnership to Enable Enterprise Digital Transformation Via Robotic Process Automation and Intelligent Automation". MarketWatch. Retrieved 2018-11-08.
  15. "https://sharespace.digital/news/hackett-group-and-symphony-ventures-create-global-partnership". sharespace.digital. Retrieved 2018-11-08. External link in |title= (help)
  16. "IT Governance partners with Symphony Ventures to provide GDPR compliance solutions". Cambridge Network. March 5, 2018.
  17. "Sopra Steria enters Intelligent Automation alliance with Symphony Ventures". www.consultancy.uk. Retrieved 2018-11-08.


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