In order to expedite the delivery of platform engineering, product development, and generative AI (GenAI) platform-enabled services across numerous sectors, Ernst & Young announced on April 29, 2024, that it would acquire Nuvalence, a technology consultancy. Nuvalence will greatly improve EY US's capacity to create value-driven, AI-enabled solutions. With more than 140 engineers, product managers, and architects from the US, Canada, and Colombia, Nuvalence is an experienced team. Vice Chair of EY Americas Consulting Raj Sharma highlighted the company's enhanced capacity to offer cutting-edge AI platforms and products, realizing customers' AI aspirations.
Nuvalence has a history of using in-depth technical knowledge to tackle challenging issues, empowering businesses to become platform- and AI-centric enterprises. Their work involves, among other things, centralizing digital fleet management, and improving customer interactions across numerous areas. Nuvalence Co-Founders Rakesh Malhotra and Sinclair Schuller expressed their excitement about scaling their mission as part of EY US. This purchase is in line with EY's mission to improve working conditions for all people by using technology and data to support clients' operations, growth, and transformation while promoting long-term value and confidence in the capital markets.
