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Savantis Systems
Savantis Systems pioneering innovative technology that dramatically improves management & availability of enterprise database applications
About Savantis Systems
Established in 1999, Savantis Systems operates as a specialized management and IT consultancy focused on the SAP ecosystem. The company’s trajectory was significantly shaped by the December 2017 acquisition of Savantis Group, Inc. by Vedicsoft Solutions, LLC. The combined entity was rebranded as Savantis and is majority-owned by the private investment firm Sowell & Co. This strategic merger brought together Vedicsoft's extensive technical resources and global reach with Savantis Group's deep expertise in SAP solutions, particularly in the S/4HANA platform. In June 2022, the staffing division of Savantis was acquired by Futuris Company, a Human Capital Management firm.
The company is currently led by CEO and President Michael DiGiandomenico, a seasoned executive with over 30 years of experience at industry leaders like Accenture, IBM, and SAP. He is supported by Will Schramme, the Chairman of the Board, who represents the majority stakeholder Sowell & Co. The leadership team also includes individuals with extensive backgrounds in technology strategy, SAP consulting, and global delivery from firms like Unisys and Perot Systems.
Savantis operates through three primary business units: SAP Gold Partner Consulting Practice, SAP Industry Extensions, and IT Staffing. Its business model centers on providing end-to-end services, from strategic consulting and digital transformation to implementation, managed services, and talent solutions. The firm generates revenue through project-based consulting, managed support services for cloud and on-premise applications, and staffing placements. The company serves a diverse client base that includes small and medium-sized enterprises as well as large corporations across sectors such as retail, entertainment, high-tech, hospitality, manufacturing, public sector, and travel.
The core service portfolio revolves around SAP's application suite, including S/4HANA, C/4HANA, CRM, and the Business Technology Platform. Savantis provides specialized implementation and conversion services, exemplified by one of the world's first simultaneous, multi-country SAP ECC 6.0 to S/4HANA conversions. Beyond implementation, the company offers Cloud and Application Managed Services (AMS) for managing clients' entire IT landscapes and Talent Solutions to meet temporary or permanent staffing needs. The firm distinguishes itself by combining deep industry-specific knowledge with technical expertise in intelligent technologies like AI and machine learning to solve client challenges.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Feb 2003 | $12M | $48M | Highland Capital Partners · Star Ventures · Sigma Partners | — |
Growth signals
Latest recorded traffic for Savantis Systems is 4.2K monthly website visits, down 30% over the last three months. Savantis Systems's team grew 5.7% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Sigma Partners
Highland Capital Partners
Star Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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