SNP, Structify Form Oros Data LLC

SNP Schneider-Neureither & Partner, a leading software provider for digital transformation, has formed a joint venture with Structify, an AI-native Services-as-Software company, to create Oros Data LLC. This new entity will focus on developing and applying AI-based solutions for processing large volumes of unstructured enterprise data. The collaboration aims to integrate AI-enabled data processing into SAP transformation projects, specifically enhancing SNP Schneider-Neureither & Partner's Kyano platform for M&A scenarios. This initiative addresses the challenge of unstructured data, which accounts for approximately 80% of enterprise information and can lead to significant costs and risks if not handled properly during M&A transactions. Steele Arbeeny, CTO of SNP North America, and Alex Reichenbach, CEO of Structify, emphasized the potential for this venture to streamline and safeguard M&A processes, reduce operational and compliance risks, and enable better-informed decisions.