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twoday strengthens its position in Data & AI through the acquisition of Kaito Insight

In response to the growing demand for advanced data analytics and AI solutions, the IT company twoday, which operates in Lithuania and Northern Europe, has acquired Kaito Insight, the only Snowflake Elite partner in Northern Europe. This strategic acquisition significantly strengthens twoday's position as a leader in data engineering and artificial intelligence across the Nordic region.
Aug 13, 2024 9:14:48 AM twoday Group

As businesses increasingly rely on data-driven decision-making in areas like finance, marketing, sales, and human resources, the need for innovative and data-focused solutions has never been greater. With the integration of Kaito Insight, more than 700 data engineering and AI experts within twoday are now unified in delivering cutting-edge solutions to both public and private sector clients.

Christian Pedersen, CEO of the twoday group, highlights the importance of this acquisition: "The acquisition of Kaito Insight is a key milestone in our mission to lead the way in data and AI innovation. Kaito Insight's extensive experience with Snowflake and its track record of delivering impactful data-driven solutions perfectly complement our existing strengths. Together, we are uniquely positioned to provide solutions that deliver significant value to our clients. We are thrilled to welcome the Kaito Insight team to twoday and look forward to exploring the new possibilities that data and AI can offer."

Vilius Žukauskas, Development Department Manager in twoday Lithuania, echoes this sentiment: "The addition of Kaito Insight to twoday is a significant opportunity that will accelerate the growth of our operations, including here in Lithuania. By incorporating Snowflake specialists into our team, we can expand our service offerings and provide customized solutions tailored to the diverse needs of our clients."

As data volumes continue to grow, modern software development increasingly relies on robust data platforms, making them a critical component of software engineering. Advanced analytics and AI are transforming various industries, and twoday is ideally positioned to help companies harness the power of both structured and unstructured data, even in sectors like mining and electric vehicle battery manufacturing.

Joining twoday gives Kaito Insight the opportunity to become part of an international team with a strong and growing presence in Northern Europe and Lithuania. Kaito Insight has achieved remarkable growth by modernizing corporate data platforms and enabling advanced data analytics for large enterprises. The Finnish IT services company is distinguished by its long-standing experience working with Blue Chip clients in industries such as finance and retail, as well as its collaborations with leading cloud service providers. This expertise will further enhance twoday's capabilities.

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