Read The Times Australia

Daily Bulletin

SNP advances its AI capabilities for unstructured data

  • Unstructured data represents around 80% of the enterprise data footprint and remains largely inaccessible to traditional transformation tools
  • SNP and New York based Structify establish joint venture company Oros Data LLC, focused on AI-enabled processing of unstructured data at scale
  • The new solution extends SNP's Kyano® platform to process unstructured data in M&A transactions, enabling faster time to value, reduced operational and compliance risk, and better-informed decisions
SINGAPORE - Media OutReach Newswire - 11 May 2026 - SNP SE, a leading provider of software for AI-enabled digital transformation, automated data migration, and data management in the SAP environment, has established a joint venture with Structify, a New York based AI-native Services-as- Software company that develops platform-based solutions for extracting, contextualizing, and processing enterprise data.

The new entity, Oros Data LLC, is jointly owned by the partners and focuses on the development and application of AI-based solutions for processing large volumes of unstructured enterprise data.

From left: Taichi Kato, Jens Amail (CEO SNP), Steele Arbeeny (CTO SNP NA), Alex Reichenbach (CEO Structify), Alex Goldstein, Dominik Wittenbeck (CTO SNP Group), Hovik Minasyan, Laura Garcia and Nico Marin Gamboa
From left: Taichi Kato, Jens Amail (CEO SNP), Steele Arbeeny (CTO SNP NA), Alex Reichenbach (CEO Structify), Alex Goldstein, Dominik Wittenbeck (CTO SNP Group), Hovik Minasyan, Laura Garcia and Nico Marin Gamboa

Together, SNP and Structify aim to bring AI-enabled data processing into the core of SAP transformation projects. According to industry analysts, unstructured data accounts for around 80% of enterprise information. This includes critical data such as contracts, sensitive HR records, IT-related documents, or customer complaints, which are often not readily accessible or processable. In the context of M&A transactions, insufficient handling of this data can create significant costs as well as operational and compliance risks for both buyers and sellers. In a first step, SNP integrates these capabilities into its Kyano platform particularly for M&A scenarios.

"Improper processing of unstructured data greatly increases the risks in M&A and can erode as much as 10% of the deal value. Customers have chosen SNP over the last 30 years to accelerate and de-risk their most critical transactions. We are excited to deliver this new AI-enabled capability based on our decades of experience to further streamline and safeguard our customers' M&A," says Steele Arbeeny, CTO of SNP North America.

"Unstructured data represents a significant share of the information required to run a business. Our goal is to make this data usable in M&A transactions while ensuring that sensitive information such as trade secrets and personal data is protected," comments Structify CEO Alex Reichenbach. "This collaboration provides a framework to apply these capabilities in large-scale transformation projects."

Hashtag: #SNP

The issuer is solely responsible for the content of this announcement.

About SNP

SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP's Kyano® platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the Bluefield® approach, Kyano sets a comprehensive industry standard for restructuring and modernizing enterprise data faster and more securely while harnessing AI-driven innovations based on over 30 years of experience.

The company works with more than 3,000 customers of all sizes and in all industries in over 80 countries, including numerous DAX 40 and Fortune 500 companies. The SNP Group has more than 1,600 employees worldwide at over 34 locations in 23 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of around EUR 297 million in the 2025 fiscal year.

More information is available at

Business News

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

Australian organisations are relying on business continuity plans built for a far more predictable world

Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...

Daily Bulletin - avatar Daily Bulletin

How to Rent a Car for Uber in Melbourne: What Every New Driver Needs to Know

Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...

Daily Bulletin - avatar Daily Bulletin

When Should You Speak to a Lawyer About a Legal Issue?

Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...

Daily Bulletin - avatar Daily Bulletin

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Moving Out of a Rental in Melbourne? A Practical Moving Checklist

Moving out of a rental in Melbourne is one of those things that always feels further away than it ...

Why a Cordless Rebar Tying Machine Is a Smart Investment for Australian Construction Projects

Tying reinforcing steel by hand means spending hours bent over while making the same twisting moti...

How to Get a Document Notarised in Sydney: What to Bring, What It Costs and How Long It Takes

If an overseas bank, embassy, university, employer or land registry has asked you for a notarised ...

The 2026 Used-Car Market

For a few strange years, the used-car market rewrote its own rules. Supply shortages sent second-h...

Why CCTV Alone Is Not Enough for Modern Business Security

Cameras are usually the initial step that companies take to strengthen their physical security. If...

Why Every Workplace Should Take Emergency Preparedness Seriously

Emergency planning is one of those things many workplaces know they should think about, but it oft...

Why Clearer Communication Still Matters in a Digital-First Business

It’s never been easier for businesses to communicate, but that doesn’t mean they’re always communica...

What Happens After You Lodge a BYDA Enquiry? The Step Most Excavation Projects Miss

Every excavation project in Australia — from a backyard deck footing to a multi-storey commercial bu...

How to Choose the Right Dentist on the Gold Coast

Finding a dentist you trust is one of those decisions that quietly affects your health for years, ye...