Software Mind, a digital transformation partner with a presence throughout Europe and the Americas, has announced the successful acquisition of Core3, a Warsaw-based software house that specializes in data engineering for the financial, telecom and media industries, as well as digital transformation solutions for the logistics sector. Since 2021, Software Mind has completed seven add-on investments across three continents, enabling the company to expand its geographic reach and enhance the scope of its offering.
As Software Mind’s 2024 began with an acquisition, it is fitting that the global digital transformation company will end the calendar year with another one. By acquiring Core3, Software Mind strengthens its team with roughly 100 data specialists whose range of experience supports companies in the insurance, finance, media, logistics, telecom and construction industries.
With over a decade of success supporting companies like T-Mobile, DPD, GoodSpeed, TVN (part of WarnerBros. Discovery) – one of Poland’s largest tv stations and media groups, Core3 has delivered advanced solutions that make an impact. For logistics companies, Core3 provides comprehensive end-to-end solutions for our-of-home and last-mile processes, while optimizing costs and unlocking new business value through cutting-edge technologies.
But one of the biggest reasons behind the acquisition is Core3’s proven reputation in data analytics. As an experienced technology partner for companies like Snowflake and IBM, Core3 brings exceptional expertise in the development and maintenance of modern data platforms. Combined with consultancy services specializing in Business Intelligence, data modeling, data architectures, and data reporting tools, Core3’s capabilities will significantly enhance Software Mind’s already formidable data engineering offering.
Software Mind CEO Grzegorz Młynarczyk is confident that a swift integration will deliver increased value for Software Mind clients. “Software Mind and Core3 both have cultures that prioritize partnerships, creativity and integrity. We’re excited to add talented data scientists, architects and engineers to our cross-functional team of data experts and integrate Snowflake competencies and technologies into our offer across all verticals, while leveraging Core3’s experience in the logistics and media sectors.”
Piotr Markiewicz, CEO of Core3, shares Młynarczyk’s view. “Becoming a part of Software Mind, an organization with a comprehensive offer, global resources and domain knowledge, creates enormous opportunities for our experts. We’re looking forward to bringing our data capabilities to new industries and markets, while working together with Software Mind engineers and consultants to develop data solutions and strategies that deliver real value.”
In its 15 years of operation, Core3’s enterprise consulting, data analytics, web and mobility services have established it as a trusted partner that can deliver tailored IT strategies, reliable IT governance and cost-effective innovation.
Acquiring Core3 highlights Software Mind’s dynamic growth, driven by its strategic buy-and-build approach and bolstered by the financial support of Enterprise Investors. This strategy has enabled Software Mind to expand its capabilities, broaden its services, and strengthen its market presence.
Rafał Bator, partner at Enterprise Investors, praised Software Mind’s latest addition. “Over the last few years, we’ve watched with excitement the ambitious growth of Software Mind. Beyond supporting Software Mind with capital, Enterprise Investors has also endeavored to share its extensive experience in building organizations and accelerating growth through follow-on investments. It’s clear that Software Mind has internalized these best practices and has the organizational capabilities to build an infrastructure and establish a culture that can attract clients, grow organically and smoothly integrate acquired companies into its offer.”
Software Mind began 2024 by increasing its US-based presence through the acquisition of number8 – closing the year by boosting its data engineering capabilities demonstrates that this global digital transformation partner has no plans of slowing down.
About Software Mind
Software Mind provides companies with autonomous development teams who manage software life cycles from ideation to release and beyond. For over 20 years we’ve been enriching organizations with the talent they need to boost scalability, drive dynamic growth and bring disruptive ideas to life. Our top-notch engineering teams combine ownership with leading technologies, including cloud, AI, data science and embedded software to accelerate digital transformations and boost software delivery. A culture that embraces openness, craves more and acts with respect enables our bold and passionate people to create evolutive solutions that support scale-ups, unicorns and enterprise-level companies around the world.