Business
Alithya announces a strategic investment in the healthcare sector with the acquisition of Travercent, a leading US-based Oracle cloud-focused group
Alithya announces a strategic investment in the healthcare sector with the acquisition of ...
About this update from Alithya Group, Inc. Class A
[{"type":"text","content":"\n\n\n\nAlithya announces a strategic investment in the healthcare sector with the acquisition of Travercent, a leading US-based Oracle cloud-focused group\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, Dec. 16, 2019\n\n\n\nMONTREAL, Dec. 16, 2019 /CNW Telbec/ - Alithya Group inc. (TSX: ALYA) (NASDAQ: ALYA) (\"Alithya\"), a leader in digital strategy and technologies employing more than 2,000 highly qualified professionals offering enterprise solutions across Canada, the United States, and Europe, is proud to announce the acquisition of Travercent LLC, (\"Travercent \").\nTravercent is a leading US-based cloud-focused consulting group specialised in the healthcare sector. Their competencies include implementing Oracle's cloud ERP, HCM, EPM and BI applications. Travercent has also developed an IP-differentiated offering leveraging the company's proprietary cloud products, CAPSURETM, an Oracle cloud extension that maximizes material management processes for healthcare providers for supply chain management and point of use. \n\"I am very proud to announce the addition of Travercent to Alithya,\" said Paul Raymond, President and CEO of Alithya. \"The firm's expertise with Oracle cloud technologies in the US healthcare sector is of particular strategic significance to us, given the importance of this technology and this business sector within our long-term business strategy. In Travercent, we found a very strong team with a solid reputation and a similar culture, along with an impressive track-record of successful implementations for prestigious customers. Their high degree of specialization is also very complementary to our existing practices.\"\n\"For this acquisition, we once again focused on analyzing the compatibility of the two organizations. Travercent's client-centric approach tailored to each client's story, and its performance-driven entrepreneurial spirit really appealed to us. We are confident that this transaction greatly enhances our existing position as a leader in the healthcare and Oracle cloud enterprise solution spaces in ...