{"id":32877,"date":"2022-05-11T08:14:00","date_gmt":"2022-05-11T08:14:00","guid":{"rendered":"https:\/\/expleo.com\/global\/en\/?post_type=insights&#038;p=32877"},"modified":"2023-10-09T09:10:40","modified_gmt":"2023-10-09T09:10:40","slug":"business-lucid-technologies-solutions","status":"publish","type":"insights","link":"https:\/\/expleo.com\/global\/en\/insights\/news\/business-lucid-technologies-solutions\/","title":{"rendered":"Expleo takes over the business of Lucid Technologies &#038; Solutions"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"32877\" class=\"elementor elementor-32877\" data-elementor-post-type=\"insights\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b72971c gg-article-content gg-standard-article-template gg-simple-text gg-container-small-ptb-72 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b72971c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b0a5413\" data-id=\"b0a5413\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5bda940 elementor-widget elementor-widget-text-editor\" data-id=\"5bda940\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>India, 11 May 2022 \u2013 Expleo <\/strong><span data-contrast=\"none\">announces the business takeover of <\/span><strong>Lucid Technologies &amp; Solutions<\/strong><span data-contrast=\"none\"> (Lucid), a specialist in data governance, data privacy and protection, and augmented analytics.<\/span><\/p><p><span data-contrast=\"none\"><strong>Expleo\u2019s Indian subsidiary, Expleo Solutions Limited<\/strong>, will take over the business of <strong>Lucid<\/strong>. It includes the transfer of all Lucid\u2019s tools, IP, business contracts and staff which comprises 50 highly skilled data specialists across India and the USA. Lucid&#8217;s clients include Fortune 500 and unicorns across BFSI, healthcare, software hi-tech, retail and manufacturing.\u00a0<\/span><span data-ccp-props=\"{&quot;134233279&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"none\"><strong>Lucid<\/strong> has operations in Hoboken, New Jersey, and delivers services from its offshore centre in Chennai, India. The company has built its business in partnership with leading platform providers in <strong>data governance, data protection and analytics<\/strong>, such as Collibra, BigID, and Okera.<\/span><\/p><p><strong>Commenting on the news, Balaji Viswanathan, MD &amp; CEO of Expleo India, said:\u202f<\/strong><em>&#8220;Demand for digital and data services is growing almost exponentially, across all industries and every market. With this business transfer, we stay at the forefront of the sector strengthening our expertise, providing even better quality data and digital solutions for our customers and growing our market share \u2013 particularly in the US but other markets too. The integration of Lucid into the Expleo family is underway, and we expect full integration to be completed in the next six months.<\/em><\/p><p><strong>On the integration of Lucid into Expleo\u2019s existing offerings, Prashant Bramhankar, COO of Expleo India, said: <\/strong><em>\u201cLucid&#8217;s data experts, product knowledge, and long-standing partnerships with platform providers complement our existing data solutions. By combining the two, we can provide more intelligent data offerings and insights for our customers across industries including BFSI, automotive, and aerospace.\u201d\u00a0<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Expleo completes business takeover of data analytics governance, privacy and protection specialist, Lucid Technologies &#038; Solutions.<\/p>\n","protected":false},"author":81,"featured_media":32880,"parent":0,"template":"","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_angie_page":false,"footnotes":""},"topic":[261,212,145],"insights-single-templates":[316],"industry-taxonomy":[265],"content-type":[22],"country":[141],"service":[216],"class_list":["post-32877","insights","type-insights","status-publish","has-post-thumbnail","hentry","topic-corporate","topic-data-science-and-cybersecurity","topic-digital-transformation","insights-single-templates-old-template","industry-taxonomy-aall-industries","content-type-news","country-global","service-digital-transformation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Expleo acquires Lucid Technologies &amp; 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