German gypsum board maker Knauf picks Mindtree for digital transformation

German gypsum board maker Knauf picks Mindtree for digital transformation
Photo Credit: 123RF.com
22 Mar, 2021

Information and technology (IT) services company Mindtree on Monday announced a multi-year digital transformation engagement with German construction products manufacturer Knauf. 

The engagement will help Knauf complete its post-merger technology integrations. In 2019, it completed its $7 billion all-cash acquisition of construction materials maker Chicago based United States Gypsum Corporation (USG), nearly a year after the offer was accepted. 

Mindtree will help accelerate the Iphofen, Germany based company’s IT transformation by building a future-ready technology core, driving innovation, reducing time to market, and improving operating efficiency, as per a statement. 

Founded in 1932 and known for its drywall gypsum boards, Knauf is transforming its enterprise architecture among other things by adopting new technologies, as a result of growth, and changing customer expectations. 

Bengaluru-based Mindtree added that it will provide application development services, help digitizing infrastructure, transform supply chain systems, and further develop digital platforms at Knauf. 

Founded in 1999, and now a Larsen & Toubro Group Company, Mindtree said it has over 270 enterprise client engagements across 17 countries. 

In the quarter ended December 2020, the mid-tier IT exporter reported a 65.7% rise in profits, on the back of strong demand for cloud, data and analytics capabilities across the board.