PRESS RELEASE – Palturai Inc. was recently incorporated in the United States by independent German start-up, kantwert GmbH. Since 2014, kantwert has utilized powerful, cutting-edge graph intelligence solutions to offer clients insight into their business networks, including supplier, partner and customer relations. Palturai’s North American operation is based in Devon, Pennsylvania, US.
On launching the subsidiary, CEO and founder of kantwert Tilo Walter said, “Our North American introduction is a big step forward in the realization of our vision to anchor a new “thinking in networks” in companies worldwide which is going to disrupt business partner processes and decisions with a fundamental new systemic mindset.” He stated that Palturai Inc. is headed by Regional President Bernhard Ritz, who joined the team last year from SAP. “In his role at SAP, Bernhard drove innovative strategies to accelerate offerings from inception to market within the company’s Database and Data Management solutions. His expertise in these areas will help us accomplish our goal of supporting customers to grow their business and avoid unnecessary risk.”
“I look forward to leading this incredible organization and enabling anyone using our solutions to innovate faster and gain significant value from the hidden insights that exist in the business network of every company.” said Ritz.
The first public appearances in the US for Palturai Inc. will be the US RegTech Forum end of March 2020 in New York City and SAP’s SAPPHIRE NOW in Orlando, Florida, in May 2020.
Anette Raschdorf, kantwert GmbH
+49 6192 / 956 999 0
North America Contact
Cynthia Lamb, Palturai, Inc.