Innova Solutions

Innova Solutions, Inc. (Innova; formerly American CyberSystems, Inc. aka ACS Solutions) is an American technology and business transformation solutions provider headquartered in Atlanta, Georgia, which operates internationally.[1]

The company reports an annual revenue approaching $3.5 billion and has approximately 50,000 employees worldwide.[2]

In October 2023, the Atlanta Business Chronicle named Innova Solutions one of the Top 10 Private Companies in the city when measured by size and revenue.[3]

Notable Competitors

Everest Group's "Healthcare Data and Analytics Services PEAK Matrix® Assessment 2023" included Innova Solutions as a "Major Contender" alongside Wipro and Infosys."[4]

In the "HFS Horizons Report: The Best Service Providers for Asset and Wealth Management, 2024," from HFS Research, Innova Solutions was labeled a "Disruptor" alongside other companies including Hitachi Digital Services and Tech Mahindra.[5]

Acquired Companies

Innova Solutions

In 2019, American CyberSystems, Inc. completed a merger with Innova Solutions, Inc.[6] A press release regarding the acquisition states that its purpose was, “…to help accelerate the growth of ACS Group’s software development practices and emerging technology solutions and services.”[6] In 2022, ACS announced an official transition under which the company, along with many of its subsidiaries, would begin to operate under the Innova Solutions brand.[7]

Volt Information Sciences

Volt Information Sciences, Inc. is an international provider of staffing services, outsourcing solutions, and information technology infrastructure services.[8] In April 2022, ACS completed its acquisition of Volt Information Sciences.[9] At the time of the acquisition, Volt was ranked as the 26th largest staffing firm in the US, while ACS was ranked as the 19th largest.[9]

In July 2023, Innova Solutions announced the integration of Volt International; after this integration, Volt International began doing business as Innova Solutions International.[10] In addition to Innova Solutions International, Volt goes to market as Volt Workforce Solutions, Volt Asia, and Volt Consulting Group.[11]

Innova Foundation

Innova Solutions' founder and CEO, Raj Sardana, created the Innova Foundation (formerly the ACS Foundation) in 2013 to support non-profit organizations and charitable initiatives across the globe.[12]

Along with his wife, Nita (Vice President of Community Outreach and Corporate Giving at Innova Solutions), Sardana has led partnerships with U.S.-based non-profit organizations—such as the YWCA's Teen Girls in Technology Program, Women in Technology (WIT), and the Atlanta Food Bank.[13]

In India, Innova Solutions supports the Earth Saviors Foundation, an NGO-based in Delhi which works to promote social consciousness and environmentalism.[12]

References

  1. ^ Williams, Trevor. "Innova Bets on India in Pursuit of Next $3 Billion". Global Atlanta. Global Atlanta. Retrieved February 5, 2024.
  2. ^ Cobbs, Cathy. "Innova Solutions buys Central Perimeter building for new headquarters". Rough Draft Atlanta. Rough Draft Atlanta. Retrieved February 5, 2024.
  3. ^ Erin Schilling (October 9, 2023). "Innova Solutions breaks into top 10 largest private Atlanta companies". Atlanta Business Chronicle. Retrieved November 1, 2023.
  4. ^ Verma, Ankur. "Healthcare Data and Analytics Services PEAK Matrix® Assessment 2023". Everest. Everest Group. Retrieved February 5, 2024.
  5. ^ Christopher, Elena; Jhunjhunwala, Niti. "Innova Solutions: Service Capabilities for Asset and Wealth Management, 2024". HFS. HFS Research Ltd. Retrieved February 5, 2024.
  6. ^ a b "American CyberSystems Inc. Completes Merger with Innova Solutions Inc". April 23, 2019.
  7. ^ "ACS Solutions Introduces New Vertical Business Strategy". September 13, 2022.
  8. ^ "About Volt".
  9. ^ a b "ACS completes acquisition of Volt Information Sciences".
  10. ^ "Innova Solutions Expands Global Client Offerings with Integration of Volt International". July 10, 2023.
  11. ^ "Services - Volt Information Sciences - Volt".
  12. ^ a b "Innova Solutions".
  13. ^ Amy Wenk (August 13, 2023). "Innova Solutions CEO: Generative AI will have 'bigger impact than the Internet'". Atlanta Business Chronicle. Retrieved November 1, 2023.
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