McKinsey’s acquisition of Caserta is our latest move to further strengthen our data capabilities and become our clients’ leading technology impact partner, bolstering our work in data strategy and design.
“We are on a journey to become the world’s leading impact partner for technology,” says Aamer Baig, McKinsey senior partner and North American leader of McKinsey Technology. “This acquisition creates a significant opportunity to help clients overcome the challenges in building competitive, industry-leading enterprise data environments.”
Our relationship with Caserta began more than a decade ago; they helped build our internal knowledge management platform. Years later, when a client enlisted Caserta to bring its data assets to the cloud, we began collaborating with them again. In the past year, we partnered with Caserta to help a financial services client launch a new business offering data and analytics software to a new market. Within weeks, Caserta mobilized improvements in the performance and stability of their cloud-based data infrastructure, improved the pace at which new features could be launched, and began coaching and developing the client’s engineering team.
That collaboration proved how well-matched our organizations are—and how powerful our complementary skills are. We formalized our relationship, welcoming Caserta’s nearly 50-person team of data engineers, data architects, and data strategists into our firm. Caserta will be fully aligned to our Data Transformation Practice and will focus its work on the highest impact transformation opportunities across sectors.
“The teams at Caserta want to work on challenging, cutting-edge problems, and they want their work to have impact for businesses—and their employees, particularly through capability building,” says Kayvaun Rowshankish, McKinsey senior partner and global co-leader of the firm’s Data Transformation Practice. “Unlike a lot of other data engineering shops, which tend to want to build code and get out, Caserta is more focused on long-term impact. This is consistent with our values, which makes it an undisputable fit.”
Founded in 2001 by Joe Caserta, considered a visionary and pioneer in the data-engineering space, Caserta has established a stellar reputation, having designed and implemented cutting-edge data architectures for many Fortune 100 companies. They have built and created cloud native data lakes, data streaming capabilities, and pioneering thought leadership in metaverse data engineering. In one instance, they helped a leading music streaming service build out the complex cloud platform crucial to its operations.
“When I formed Caserta, McKinsey was the model I used to stay laser-focused on positively impacting the goals of our clients,” says Joe. “There is nothing more exciting as a CEO of a tech consulting firm than building a business around solving uniquely complex problems, having our teams get completely immersed in issues that matter, and creatively constructing winning, actionable solutions that launch our clients into success.”
Caserta has created a unique approach to solve the most complex data engineering challenges. They use a proprietary method of linking business needs into tailored data architecture designs.
This acquisition creates a significant opportunity to help clients overcome the challenges in building competitive, industry-leading enterprise data environments.
“Data is integral to every transformation that’s happening across sectors and geographies in the next three to five years. It’s the competitive edge most firms will be creating and defending and an area where we will see the greatest innovation,” says Kayvaun. “The combination of McKinsey and Caserta will position us to play a pivotal role in moving industries to the next stage of technology transformation.”
Caserta enhances how we can work with clients on data strategy and design. They strengthen our ability to deliver end-to-end data transformations, bringing innovative approaches, accelerators, and talent to implement cloud data architectures at enterprise scale, all of which is core to our clients’ digital and analytics development.
“Having Caserta join McKinsey allows us the opportunity to solve more comprehensive data challenges and have a significantly elevated role in advancing businesses and society with data,” says Joe. “I am very excited to apply our joint efforts to creatively and deliberately improve lives and businesses around the world.”