Chenoa Information Services
Chenoa Information Services was a U.S.-based digital engineering firm specializing in low-code and no-code application development for enterprise Banking, Financial Services, and Insurance clients, operating as a professional services business until its September 2023 acquisition by 3Pillar Global.
- Company typePrivate
- Founded1998
- HeadquartersEdison, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Chenoa Information Services does
Chenoa Information Services is a private U.S.-based digital engineering firm founded in 1998 and headquartered in Edison, New Jersey, with reported headcount in the 101–250 range (and approximately 425 team members cited as added through its 2023 acquisition). The company specialized in low-code and no-code development services, providing rapid application delivery for enterprise clients using platform-based development methodologies as an alternative to traditional hand-coding. Its core offering centered on digital engineering services delivered to clients in the Banking, Financial Services, and Insurance (BFSI) vertical, where regulatory complexity and digital-transformation pressure created demand for accelerated software delivery. The firm operated as a sales-led, professional services business targeting enterprise accounts rather than long-tail SMB or self-serve distribution channels; specific pricing models and contract terms were not publicly disclosed.
Technically, Chenoa's delivery model was built around low-code and no-code platforms enabling faster application development cycles compared with conventional coding, which the firm positioned as an early-mover capability in a market Gartner estimated at $27 billion in 2023. The firm's underlying technology stack and proprietary platform details were not disclosed in available source data; differentiation rested on domain specialization (BFSI) and an established talent base rather than on proprietary platform IP. The company did not publish patents, certifications, API surfaces, or named customer logos in source data, and its go-to-market relied on direct enterprise sales engagement rather than partner channels or self-serve distribution.
On September 6, 2023, Chenoa Information Services was acquired by 3Pillar Global — a larger digital product development firm — with Avendus Capital, Inc. acting as the exclusive financial advisor to Chenoa. The acquisition extended 3Pillar's capabilities into low-code/no-code development and BFSI vertical expertise while adding Chenoa's team to a global delivery network spanning nine countries across the U.S., Latin America, Europe, and APAC. Following the transaction, Chenoa operates as a subsidiary within 3Pillar Global's portfolio rather than as an independently operating company, and its standalone financial reporting is no longer separately disclosed.
Chenoa Information Services firmographics
Firmographics- Name
- Chenoa Information Services
- Legal name
- Chenoa Information Services
- Website
- https://chenoainc.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Chenoa Information Services was a U.S.-based digital engineering firm specializing in low-code and no-code application development for enterprise Banking, Financial Services, and Insurance clients, operating as a professional services business until its September 2023 acquisition by 3Pillar Global.
- Ownership category
- akta.pro rank
Chenoa Information Services industry classification
Industry- Product category
- IT Services & Digital Engineering
- NAICS
- Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Low-Code/No-Code Application Development & Modernization (BPAEAFAF)
- akta.pro secondary industry
- Industry-Specific Low-Code Platforms (Vertical App Platforms) (HDAEAKAL)
Keywords
Where Chenoa Information Services is headquartered
LocationHeadquarters
- HQ city
- Edison
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Chenoa Information Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations
Revenue model
- Digital Engineering Services: Professional services revenue from providing low-code and no-code development services to enterprise clients in the BFSI sector
Go-to-market motion1 record
Chenoa Information Services product offering
Product offeringCore offering
Chenoa Information Services is a digital engineering firm providing low-code and no-code development services to enterprise clients. The company was an early entrant in the low-code and no-code development market, with deep vertical expertise in the Banking, Financial Services, and Insurance (BFSI) sector. Its core offering is rapid software development through low-code and no-code platforms to address digital transformation needs in regulated industries.
Product overview
Chenoa Information Services was an early entrant into the low-code and no-code development market. The company provided digital engineering services focused on low-code and no-code development capabilities, with deep vertical expertise in Banking, Financial Services and Insurance (BFSI) sectors. The company's primary offering centered on rapid software development services utilizing low-code and no-code platforms, positioned to address growing demand fueled by generative AI-coding technologies.
Differentiator
Problem solved
Functional benefit
Products and services
- Low-code and No-code Development Services
Companies that use Chenoa Information Services
Customer profileSegments1 record
Ideal customer profiles1 record
Chenoa Information Services technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Chenoa Information Services partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- 3Pillar Globalcore3Pillar Global acquired Chenoa Information Services to enter the $27B low-code market. The acquisition extends 3Pillar's capabilities in low-code and no-code development services while building greater scale in AI and machine learning capabilities. Chenoa's deep vertical expertise in Banking, Financial Services and Insurance enhances 3Pillar's extensive expertise in these sectors.
Scale indicators3 records
Recent moves4 records
Expansion highlights4 records
Chenoa Information Services competitors and assessment
Company assessmentDirect peers
- Mphasis: IT services firm with a heavy Banking, Financial Services, and Insurance concentration delivering application development, modernization, and digital transformation — directly comparable vertical specialization and delivery model to Chenoa.
- Globant: Global digital engineering services firm delivering custom software, low-code, and AI-driven application development to enterprise clients including financial services — closely aligned business model and customer base to Chenoa.
- 3Pillar Global: Acquirer of Chenoa and the closest direct comparator — a digital product strategy, design, and engineering firm with overlapping BFSI, insurance, and information services verticals and similar low-code/no-code service offerings.
- Persistent Systems: Digital engineering and modernization services provider with a strong BFSI vertical focus, offering application development, modernization, and platform engineering comparable to Chenoa's low-code delivery capabilities.
- Coforge: Digital and IT services company with deep BFSI and insurance verticals offering application development and platform engineering, comparable to Chenoa's low-code delivery for regulated industries.
Emerging players
- Appian: Low-code application platform vendor with deep BFSI and insurance customer base — competes indirectly with Chenoa by enabling in-house low-code development that could substitute for Chenoa's services.
- Pegasystems: Low-code and case management platform serving banking, financial services, and insurance — adjacent platform that overlaps with Chenoa's BFSI digital engineering focus and could disintermediate services revenue.
- OutSystems: Enterprise low-code platform enabling rapid application development — adjacent platform provider that competes for the same low-code development budget and BFSI enterprise clients Chenoa serves.
Broad incumbents
- Genpact: Large-scale digital transformation and application services firm with substantial BFSI exposure — broader portfolio but overlapping low-code and enterprise application development capabilities relevant to Chenoa's market.
- Infosys: Global IT services and digital transformation incumbent with deep BFSI vertical expertise and significant low-code and application modernization practices — broader scale and delivery footprint than Chenoa, but overlapping offerings.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Chenoa Information Services social profiles
Digital presenceChenoa Information Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chenoa Information Services leadership team
Management profileNumber of profiles
Profiles2 records
Chenoa Information Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chenoa Information Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Chenoa Information Services
What does Chenoa Information Services do?
Chenoa Information Services is a digital engineering firm providing low-code and no-code development services to enterprise clients. The company was an early entrant in the low-code and no-code development market, with deep vertical expertise in the Banking, Financial Services, and Insurance (BFSI) sector. Its core offering is rapid software development through low-code and no-code platforms to address digital transformation needs in regulated industries.
Is Chenoa Information Services a public or private company?
Chenoa Information Services is a private company. It is classified as corporate owned and is currently acquired.
When was Chenoa Information Services founded?
Chenoa Information Services was founded in 1998. It employs 101 to 250 people.
Where is Chenoa Information Services based?
Chenoa Information Services is headquartered in Edison, United States, in the North America region.
How does Chenoa Information Services make money?
One revenue line is on record: digital Engineering Services.
Who are Chenoa Information Services's main competitors?
Direct peers on record are Mphasis, Globant, 3Pillar Global, Persistent Systems and Coforge. Emerging players are Appian, Pegasystems and OutSystems. Broad incumbents are Genpact and Infosys.
Does Chenoa Information Services have an API?
No public API is recorded for Chenoa Information Services.
What industry is Chenoa Information Services in?
Chenoa Information Services's product category is IT Services & Digital Engineering. Its primary akta.pro industry code is BPAEAFAF, Low-Code/No-Code Application Development & Modernization, with a secondary code of HDAEAKAL, Industry-Specific Low-Code Platforms (Vertical App Platforms). Its NAICS code is 541511 and its SIC code is 7371.