New York, May 15, 2018
Antuit Group, a global analytics provider backed by Goldman Sachs and Zodius Capital, today announced that Craig Silverman has joined as Group Chief Executive Officer. The group's solutions combine domain expertise and proprietary platforms with technologies like machine learning and AI to deliver advanced analytics solutions that drive revenue and margin growth, improve supply chain efficiency, enhance customer experience and manage cyber risks.
Silverman brings to Antuit an enviable track record of helping companies rapidly transform into digital data driven enterprises in retail, consumer goods, healthcare and manufacturing, along with extensive experience and expertise in advanced analytics, AI, cloud and innovation. Most recently as SVP Global Services for Qlik, Silverman led a team of 450 sales and delivery employees to accelerate customers' digital and data-driven journeys through data visualization, guided analytics and embedded analytics.
Prior to Qlik, Silverman led Accenture's largest digital analytics practice, where he helped organizations leverage real-time, applied intelligence to enable personalized customer experiences and increased brand loyalty. Before Accenture, he delivered significant growth at IBM's Retail Analytics and Retail eCommerce practices by helping customers drive digital transformation through omni-channel approaches across marketing, merchandising and supply chain management.
Silverman stated, "Antuit is uniquely poised to deliver insights that drive prescriptive actions and business transformation across an organization. Our data engineering, marketing and pricing analytics, forecasting and supply chain analytics, and cyber intelligence solutions capitalize on the power of Antuit's talent and advanced technologies to empower businesses to predict, shape and fill demand while proactively managing security risks."
"Craig is the right CEO to lead Antuit through its next stage of growth and profitability. He has a strong track record of delivering outstanding results for business growth and expansion, and his vast analytics experience will deliver greater value for our customers. We are delighted to attract a leader with the vision and ability to build on our accomplishments and drive future success," commented Neeraj Bhargava, Chairman, Antuit.
Ankur Sahu, Co-Head of Private Equity at Goldman Sachs - Asia, said "Craig's appointment as Group CEO marks a new chapter for Antuit. We are excited about Antuit's progress to date, and are confident that under Craig's leadership, the group will continue to innovate and execute to build an exceptional business."
Today's announcement follows an additional investment of $15 million from Goldman Sachs (NYSE: GS) and Zodius Capital ("Zodius"). This new financing brings Goldman Sachs' investment in Antuit to $57 million, making it the firm's largest shareholder and investor. This is the second consecutive year in which Antuit achieved over 40% revenue growth, and the company now serves more than 60 Fortune 1000 multi-national and high-growth companies globally.
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