On October 7, 2024, Solvd, a global leader in software engineering, announced the acquisition of EastBanc Technologies, a renowned artificial intelligence consultancy. This bold move signals Solvd’s commitment to becoming your one-stop shop for thriving in the era of Artificial Intelligence.
A powerful partnership for the AI era
Solvd’s acquisition of EastBanc Technologies brings together two industry leaders with synergistic strengths. Solvd’s deep expertise in software engineering and digital transformation, combined with EastBanc’s AI consulting proficiency, creates a powerful force for driving AI adoption.
Through this acquisition, we are pivoting our focus to enable our clients to thrive in the AI era recognizing that the maturity of Artificial Intelligence driven by GenAI solutions is a massive market opportunity. As we look at the market landscape today, traditional IT services firms focusing on system integration and labor arbitrage are not well-suited to embark on providing the critical AI capabilities that leading organizations need. Solvd’s digital engineering heritage, combined with EastBanc capabilities, positions us to do so.
AI is one of just a handful of transformational events in human history. The vast opportunities it brings to our people, partners, and clients to thrive are unprecedented and mission-critical to embrace. Solvd and EastBanc Technologies have built truly great, complementary businesses, and this close partnership highlights an imperative, timeless vision, mission, and engineering culture of innovation in production.
Solvd’s commitment to AI leadership
Solvd’s new AI offerings are designed to empower your journey, no matter where you are on the AI spectrum.
- AI Acceleration and Center of Excellence. We will chart your AI strategy, build a roadmap, and create a dedicated team to drive your success.
- AI Maturity Index. Solvd will uncover your organization’s hidden potential and identify areas ready for AI activation.
- AI Innovation-as-a-Service. We will turn groundbreaking ideas into actionable prototypes to fast-track your AI journey.
Solvd understands the importance of fostering collaboration and thought leadership in today’s rapidly evolving market. To further engage the industry and shape the future of AI, Solvd will be hosting a series of executive roundtables across major cities throughout the remainder of the year. These events will bring together AI pioneers and industry leaders, fostering a platform for dialogue and generating actionable insights that participants can readily implement within their organizations.
About EastBanc Technologies
EastBanc Technologies is a renowned artificial intelligence consultancy that specializes in providing innovative solutions to businesses across various industries. Their expertise in AI, Data, Infrastructure, DevOps, and Product Development perfectly complements Solvd’s existing strengths.
About Solvd
Solvd, Inc. is an AI-first advisory and digital engineering firm delivering measurable business impact through strategic digital transformation. With a focus on quality, efficiency, and customer satisfaction, Solvd helps businesses achieve their goals through custom software engineering, IT consulting, and AI services.
