Dev Information Technology Limited (DEV IT) has made a significant move in the IT sector by acquiring a 100% stake in Dhyey Consulting Services Private Limited. This acquisition, announced on October 12, 2024, positions DEV IT to enhance its service offerings, particularly in Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) solutions on the Microsoft Dynamics 365 platform.
Key Takeaways
Strategic Acquisition: DEV IT acquires full ownership of Dhyey Consulting Services.
Enhanced Capabilities: The acquisition strengthens DEV IT's expertise in ERP and CRM solutions.
Global Reach: Dhyey has a proven track record with over 300 successful implementations worldwide.
Commitment to Innovation: The integration of Dhyey's skilled professionals will bolster DEV IT's technological capabilities.
Overview of Dhyey Consulting Services
Dhyey Consulting Services is renowned for its proficiency in Microsoft Dynamics 365 and Power Platform solutions. With a diverse client base that includes public sector undertakings (PSUs) and private enterprises, Dhyey has successfully implemented solutions across various sectors, including retail and manufacturing. Notable clients include Gujarat Urja Vikas Nigam Ltd, Prince Pipes and Fittings Ltd, and Astute Healthcare Pvt Ltd, along with international clients like Sognos Solutions PTY LTD from Australia and Enovasions PTE LTD from Singapore.
Strengthening Technological Capabilities
The acquisition allows DEV IT to integrate Dhyey's knowledge and capabilities, significantly enriching its service offerings in the ERP and CRM market. This strategic move is expected to enhance DEV IT's technological capabilities, ensuring the company remains at the forefront of digital transformation.
Enhanced Service Delivery
By bringing Dhyey's skilled professionals on board, DEV IT aims to provide high-quality service delivery both in India and globally. The combined strengths of both organizations position DEV IT as a leader in driving digital transformation and innovation for businesses. Clients can anticipate improved service delivery and a broader range of solutions, reaffirming DEV IT's commitment to their success.
A New Chapter for DEV IT
This acquisition marks a significant milestone for DEV IT, underscoring its leadership in the IT services sector. It represents a new chapter in the company's growth and development, reinforcing its commitment to providing comprehensive IT solutions and staying ahead in the digital transformation landscape.
Leadership Insights
Pranav Pandya, Founder & Chairman of DEV IT, expressed his enthusiasm regarding the acquisition, stating, "The successful acquisition of Dhyey Consulting marks a significant milestone in our journey. It not only broadens our IT service offerings but also deepens our commitment to helping clients navigate rapid technological changes."
He further emphasized the potential synergies created by this acquisition, which are expected to lead to faster response times and improved service delivery. The integration of Dhyey's expertise in Microsoft Dynamics 365, Power BI, and AI technologies like CoPilot will empower businesses to operate more efficiently.
Conclusion
The acquisition of Dhyey Consulting Services by DEV IT is a strategic move that not only enhances its service portfolio but also positions the company to explore new market opportunities. With a focus on collaboration and innovation, DEV IT is set to exceed client expectations and deliver exceptional value in the ever-evolving technology landscape.
Sources
Dev IT Acquires 100 per cent Stake in Dhyey Consulting Services, ANI News.
Dev IT Acquires 100 per cent Stake in Dhyey Consulting Services – ThePrint – ANIPressReleases, ThePrint.