Innova Solutions

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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]

Contents

The company reports an annual revenue approaching $3 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," Innova Solutions was labeled a "Disruptor" alongside other companies including Hitachi Digital Services and Tech Mahindra. [5]


Acquired Companies


Innova Solutions

In 2019, ACS Solutions, 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]

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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. 1 2 "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. 1 2 "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. 1 2 "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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