NEWS

SpringML Announces Merger with Egen, Establishing a Powerful Technology Services Company Unleashing the Power of Data and AI

16 August 2023

Merger Strengthens End-to-End Cloud and Data Capabilities to Enable Organizations Along Their Data- Driven Digital Journeys

 

NAPERVILLE, IL and PLEASANTON, CA – AUGUST 16, 2023 SpringML, a technology services company
with leading cloud, data engineering, analytics and artificial intelligence (AI) capabilities, today
announced its merger with Egen, a cloud migration, application modernization and platform engineering
provider. The combination of Egen cloud and platform engineering expertise with SpringML’s data,
analytics and AI capabilities creates a provider with end-to-end capabilities across the cloud, data,
analytics, AI, and platform engineering spectrum. The combined business will have all the capabilities
necessary to increase the value and accelerate the timeline of the data-driven digital journeys of private
and public sector clients. Egen and SpringML together will represent one of the largest independent
players in the Google Cloud ecosystem, with deep expertise across the most critical aspects of cloud and
data transformation.

Recognize, a technology services investment firm, is the lead investor for the transaction. Going
forward, the combined company will operate under the Egen brand, with Saleem Janmohamed, an
Operating Partner with Recognize assuming the additional role of Chairman and CEO of the newly-
merged company. Prior to Recognize, Saleem spent 32 years at Accenture in various senior leadership
roles. Most recently, Saleem served as US West Market Unit Lead and member of the Global
Management Committee where he had strategic, financial, and operational responsibility for
Accenture’s business in the region across all industries and services.
“Leaders of every organization are trying to figure out how to navigate the advances in cloud and data
technologies, including generative AI, to fuel their data-driven digital journeys. By combining the
strengths and depth of talent from Egen with SpringML, we are better positioned to help our clients tap
into the unlimited potential of AI powered solutions that will revolutionize industries, drive growth,
enhance operational performance, and empower people,” said Janmohamed.
Raghu Potini, Founder of Egen, will take on the role of President for Commercial Digital Services.
Founded in 2010, Egen provides cloud migration, application modernization and platform engineering
services to several healthcare, retail, and consumer manufacturing companies based in the US. Top
clients trust the Egen team of more than 300 cloud and platform engineers to help them pursue the
extraordinary.
“Joining forces with SpringML is an exciting milestone for Egen. We share a common vision of harnessing
the power of data to drive transformative outcomes for our clients. As one united entity under the Egen
banner, we are poised to accelerate innovation and deliver even greater value to our clients,” said
Potini.
Founded in 2015, SpringML has experienced rapid growth over the past few years and is a leader in both
the Google Cloud and Salesforce platforms. The company spearheads critical projects across

sophisticated enterprise, public sector, and emerging organizations – including Fortune 500 brands –
with deep expertise in healthcare, high tech, and public sector in particular. In October 2021, Recognize
announced its initial strategic investment in SpringML.
“The SpringML merger with Egen reflects Recognize’s mission to create the next generation of great
technology services companies. The combination of the companies enhances their competitiveness in
helping organizations unleash the power of data and insights to create action and drive performance.
Together, they bring exceptional capabilities across the full technology spectrum from cloud platforms
to applications powered by data and AI,” said Frank D’Souza, Co-Founder and Managing Partner of
Recognize.
“Google Cloud partners like SpringML and Egen are adding value for clients every day,” said Kevin
Ichhpurani, Corporate Vice President, Global Ecosystem and Channels of Google Cloud. “These
partners have a significant opportunity to scale their innovation and services delivery, particularly as
clients across industries accelerate their data- and AI-driven transformations.”
Connect with us at the upcoming Google Cloud Next 2023 conference in San Francisco. Egen will exhibit
under the SpringML brand at Booth #430. For more information visit www.egen.solutions.

About Egen
Egen is a technology services company with leading capabilities in cloud, data engineering, analytics, AI,
and platform engineering. Our more than 700 technology specialists in Canada, India and the United
States have deep expertise and experience working with many of the cloud and data platforms including
Google Cloud and Salesforce. We work with organizations across industries to help them unleash the
power of cloud and data that create possibilities, empower people, and deliver impact for the better.

About Recognize
Recognize is a technology investment firm exclusively focused on the technology services industry. The
firm provides operational expertise, industry insights, and strategic capital to innovative companies in
this sector. Recognize is led by industry veterans Frank D’Souza, Raj Mehta, Charles Phillips, and David
Wasserman. To learn more, visit www.recognize.com and LinkedIn.

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