Capgemini to acquire Unity’s Digital Twin Professional Services arm to accelerate enterprises’ digital transformation through real-time 3D technology
Capgemini and Unity expand their strategic alliance, with Capgemini acquiring Unity's Digital Twin Professional Services arm. The deal aims to accelerate the application of real-time 3D visualization software for digital twins in industrial settings. The transaction will create one of the largest pools of Unity enterprise developers globally, enhancing the capabilities of Capgemini's end-to-end business transformation services. The agreement is set to close in Q2 2024.
The strategic alliance between Capgemini and Unity to expand Unity's Digital Twin Professional Services signifies a notable consolidation in the RT3D content creation space. This move is poised to create one of the largest pools of Unity enterprise developers, which can be a game-changer for industries heavily invested in digital twin technology. Digital twins are virtual replicas of physical systems that allow for real-time simulation and analysis and their application is rapidly growing in sectors such as automotive, aerospace and manufacturing.
By embedding Unity's capabilities into Capgemini's suite of business transformation services, the alliance has the potential to significantly enhance the value proposition for clients. This could lead to a higher demand for Capgemini's services, potentially increasing their market share and revenue in the intelligent industry sector. Moreover, the scale and reach of Capgemini could drive wider adoption of Unity's RT3D software, possibly affecting Unity's stock performance positively. However, the success of this integration and the actual market impact will depend on the seamless execution of the services and the market's readiness to adopt such advanced technologies.
The announcement of the deal, expected to close in the second quarter of 2024, may have immediate implications for the stock performance of both companies. Investors might view this partnership as a strategic move that leverages Capgemini's global reach and Unity's cutting-edge technology. The anticipation of this deal could lead to speculative trading, influencing stock prices in the short term. In the long term, the financial performance of this alliance will hinge on the successful integration of Unity's team and the realization of projected synergies.
It's crucial to monitor how this deal affects Capgemini's operating margins and Unity's licensing revenues. If the alliance manages to unlock new markets and client segments, it could result in a significant upside. On the flip side, integration challenges and slower-than-expected adoption of digital twin technology could temper investor expectations and financial outcomes.
The industrial application of digital twins represents a frontier in the convergence of physical and digital worlds. Capgemini's plan to scale sector-specific solutions, including simulation, human machine interfaces and immersive training, is indicative of the increasing importance of RT3D technology in driving business results. The ability to simulate real-world assets and scenarios in real-time can lead to enhanced decision-making and operational efficiencies.
Moreover, the emphasis on sectors such as automotive and aerospace indicates a strategic focus on industries where digital twin technology can have a profound impact on product development, manufacturing processes and lifecycle management. The success of this agreement will largely depend on the technological advancements and the adoption rate of such immersive experiences. The expertise of Unity's Digital Twin Professional Services team could be instrumental in overcoming technical challenges and ensuring that the solutions are not only innovative but also practical and scalable.
02/22/2024 - 04:00 PM
PARIS & SAN FRANCISCO --(BUSINESS WIRE)--
Capgemini and Unity (NYSE: U), the world’s leading platform for creating and growing real-time 3D (RT3D) content, today announced an expansion of their strategic alliance that will see Capgemini take on Unity’s Digital Twin Professional Services arm. Per the agreement, Unity’s Digital Twin Professional Services team will join and embed within Capgemini, forming one of the largest pools of Unity enterprise developers in the world. The transaction will accelerate the iteration and implementation of the market leading real-time 3D (RT3D) visualization software for the industrial application of digital twins. It will allow end users to envision, understand, and interact with physical systems - a key enabler for intelligent industry. The deal is expected to close in the second quarter of 2024.
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Unity’s Digital Twin Professional Services team has worked with many companies over the past five years to develop real-time 3D solutions to drive business results. As more and more enterprises seek to combine the physical and digital worlds, clients are looking for the RT3D software capabilities coupled with business transformation, design, and engineering expertise to realize value from the industrial application of digital twins at scale. Today’s agreement will extend the reach and scale of Unity’s software through Capgemini, allowing more organizations to further push the boundaries of this technology through the acceleration, adoption, and application of RT3D to build and scale immersive experiences.
“Unity’s real-time 3D technology is the unequivocal industry standard for visualization across platforms and devices. As such, it is a key component that will impact the value-chain of intelligent products - from R&D to manufacturing, operations, and services,” comments William Rozé, CEO of Capgemini Engineering and Group Executive Board member. “This new agreement with Unity will allow Capgemini to embed 3D visualization software capabilities into our end-to-end business transformation services, to help clients realize the immediate and longer-term benefits of intelligent industry.”
“Unity has reached a point in its growth where the opportunity for us in the enterprise market has outpaced our ability to scale fast enough to meet client demand,” explains Jim Whitehurst, CEO, Unity. “With its scale and breadth of services – from design and engineering to business transformation and data expertise, Capgemini is well placed to unleash the full potential of Unity technology for enterprise clients across industries with specific use cases.”
As part of this agreement Capgemini plans to scale a range of sector-specific solutions that are currently in high demand. Particularly relevant for automotive, consumer products & retail, energy & utilities, aerospace & defense, healthcare & life sciences, and industrial products/manufacturing, tailored offerings are expected to include:
Simulation: A digital representation of an asset, facility or product that emulates its real-world counterpart through advanced modeling to provide real-time insights and simulate future scenarios.
Human Machine Interfaces: Interactive experiences for in-vehicle infotainment (IVI), meters (gauge clusters), and additional screens.
Immersive Training: Engaging training experiences in interactive 3D or augmented or virtual reality (AR and VR) to enable better knowledge transfer and safer workplaces.
About Capgemini
Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion .
Get The Future You Want | www.capgemini.com
About Unity
Unity is the world’s leading platform for creating and growing interactive, real-time 3D ("RT3D") content and experiences. Our comprehensive set of software and AI solutions supports content creators of all sizes through the entire development lifecycle as they build, run, and grow immersive, real-time 2D and 3D content and experiences for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. For more information, visit Unity.com .
Forward-Looking Statements
This publication contains “forward-looking statements,” as that term is defined under federal securities laws, including, in particular, statements about Unity's plans, strategies and objectives. The words “believe,” “may,” “will,” “estimate,” “continue,” “intend,” “expect,” “plan,” “project,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Further information on these and additional risks that could affect Unity’s results is included in our filings with the Securities and Exchange Commission (SEC) which are available on the Unity Investor Relations website. Statements herein speak only as of the date of this release, and Unity assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this publication except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240222756126/en/
Capgemini press contact:
Sam Connatty
Tel: +44 370 904 3601
Email: sam.connatty@capgemini.com
Unity press contact:
Ryan M. Wallace
Tel: +1 917 442 2305
Email: ryan.wallace@unity3d.com
Source: Unity
What is the strategic alliance between Capgemini and Unity about?
The strategic alliance involves Capgemini acquiring Unity's Digital Twin Professional Services arm to enhance real-time 3D visualization software for digital twins in industrial applications.
When is the deal expected to close?
The agreement is set to close in the second quarter of 2024.
What are the benefits of the transaction for Capgemini and Unity?
The deal will create one of the largest pools of Unity enterprise developers globally, allowing Capgemini to embed 3D visualization software capabilities into their business transformation services.
Which sectors will benefit from the tailored offerings resulting from the agreement?
Automotive, consumer products & retail, energy & utilities, aerospace & defense, healthcare & life sciences, and industrial products/manufacturing sectors are expected to benefit from sector-specific solutions like simulation, human-machine interfaces, and immersive training.
