What Novencia does

Novencia is a French privately-held operational consulting firm, incorporated in Paris as NOVENCIA Group SAS and founded in 2001, with disclosed annual revenue of approximately €40M and roughly 350 employees. The firm delivers data-driven transformation engagements to large enterprises across five practice areas: Technology & Product, Customer Centric, Data & IA, Data Quality, and Financial Services. Its client base comprises 35 named reference accounts concentrated in Tier-1 French banking (Société Générale, BNP Paribas, Crédit Agricole, Natixis, HSBC, La Banque Postale, BPCE Payment Services), insurance (AXA, Allianz, MAIF, Groupama, AG2R), asset management (Carmignac), capital markets (Euronext), and adjacent CAC 40 sectors including automotive (Michelin, Renault), telecommunications (Orange), energy (ENGIE), media (RTL, M6), retail (Veepee, Pierre et Vacances), and transportation (SNCF).

The underlying technology stack spans cloud architecture on Azure, AWS, and GCP, Big Data engineering, Business Intelligence, and software engineering in Java, Python, React, Angular, and C#. AI/ML capabilities include NLP-driven semantic analysis for finance, anomaly detection for cyber and payment fraud (e.g., Verification of Payee / VoP), recommendation engines, predictive analytics for credit risk and forecasting, and generative AI applied to GDPR-compliant marketing activation. The firm maintains proprietary methodologies for customer-experience transformation and data governance, supported by the internal Novencia Academy training program.

The business model is professional services revenue from project-based, multi-year consulting engagements sold direct to enterprise clients. Pricing is customized per engagement (typically day-rates or fixed-price scopes) with no public pricing disclosed. Delivery is executed across a multi-location network: Paris, Lyon, Clermont-Ferrand (via Agaetis), Brussels and Luxembourg (via Acemis), Tunis (via AREA Consulting), and Sousse (via novencia MEA). The firm is founder/management-owned with no disclosed external funding, and is ranked #1 in the Great Place to Work France benchmark and EcoVadis Gold certified (score 6.6/10).

Name

Novencia

Legal name

NOVENCIA Group SAS

Website

https://novencia.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Novencia is a French private operational consulting firm delivering data-driven transformation across customer experience, data/AI, technology, and financial services to large enterprises. With ~350 employees and ~€40M revenue, it serves 35 reference clients across banking, insurance, automotive, telecom, and media.

Ownership category

akta.pro rank

Product category

IT Consulting Services

NAICS

Management Consulting Services (54161), Computer Systems Design and Related Services (54151), Other Management Consulting Services (541618)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming, Data Processing, Etc. (7370), Services-Management Services (8741)

akta.pro primary industry

Privacy, Data Protection & Cyber Governance (GRC) (BPAHAFAF)

Keywords

• IT consulting services
• Data transformation consulting
• Financial services compliance
• Customer experience consulting
• Software engineering services

Headquarters

HQ city

Lyon

HQ country

France

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Consulting Services Revenue: Novencia generates revenue through professional consulting engagements, placing specialized consultants (Data, Technology, Customer Centric, Finance & Risk) within client organizations. Engagements are project-based, scoped for defined durations, and typically structured around digital transformation, data strategy, and regulatory compliance mandates. The firm maintains 35 client references (référencements clients) with large enterprise accounts in banking, insurance, retail, and fintech sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels10 records

Core offering

Novencia is an operational consulting firm offering IT consulting and software engineering services organized around five practice areas: Customer Centric, Data & IA, Data Quality, Technology & Product, and Financial Services. The firm delivers project-based consulting engagements covering data-driven transformation, customer experience strategy, financial services compliance (FRTB, Bâle III/IV, DORA, BCBS239), and technology modernization through cloud migration, DevOps, and software engineering.

Product overview

Novencia is an operational consulting firm offering a portfolio of consulting services organized around five core practice areas: Technology & Product, Customer Centric, Data & IA, Data Quality, and Financial Services. The company supplements its consulting offerings with Novencia Academy for internal training and certification, and publishes thought leadership through white papers and e-books. The overall offering is structured as consulting services rather than a unified software product or platform.

Differentiator

Problem solved

Functional benefit

Brands

• Novencia Academy: Internal training and certification center for consultants
• novencia Group

Products and services

• Technology & Product Consulting Consulting practice supporting organizations in implementing technology solutions that boost business performance. Covers cloud architecture (Azure, AWS, GCP), software engineering (Java, Python, React, Angular, C#), DevOps adoption, microservices architecture, Big Data development, Software Craftsmanship, and UX/UI design. Improves IT department efficiency from idea emergence through solution industrialisation at scale, for enterprise clients.
• Customer Centric Consulting Customer experience transformation consulting for enterprise clients, helping organizations anticipate, design, operationalize, and digitize customer and employee experiences. Includes cultural transformation programs, skills development support, UX/UI design, omnichannel marketing, digital CRM, and data-driven marketing.
• Data & IA Consulting Data-centric transformation consulting covering end-to-end data projects from SI architecture scoping to Data Science project industrialization and governance tool deployment. Covers data strategy, data governance, data architecture (Data Lake, Data Hub, Data Fabric), Data Science & ML/AI projects, Big Data engineering, and Business Intelligence.
• Data Quality Consulting

Quantifiable outcome

• Time-to-market and costs reduced by 3x for InsureTech platform development (Innovation Hub project for Gras Savoye)
• +3 more outcomes

Named customers26 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature2 records

Partnerships

Five partnerships are on record, tiered minor.

• AgaetisminorOthersAgaetis is a technology partner operating the Clermont-Ferrand office of Novencia Group, located at 9 allée Evariste Galois, 63170 Aubière. It is listed as a centre of service alongside Tunis and Clermont-Ferrand.
• AcemisminorOthersAcemis operates the Brussels office of Novencia Group at Spaces Auderghem, Avenue Hermann Debroux 54, 1160 Auderghem. Nicolas Diquero serves as PDG of Acemis. The company co-authored the 'Management par l'intention' white paper with Orange.
• AREA ConsultingminorOthersAREA Consulting operates the Tunis office of Novencia Group at Av. du Japon, rés. Ennozha - Bloc Amira, 3e étage, Montplaisir 1073 Tunis. Listed as a centre of service alongside Paris, Lyon, and Clermont-Ferrand.
• novencia MEAminorOthersnovencia MEA operates the Sousse office in Tunisia at rue 20 mars, immeuble Aoun, 5e étage, cité Jawhara, 4000 Sousse. Listed as a centre of service under the 'novencia MEA' brand.
• Think OutminorStrategic or Co-development PartnerThink Out is a strategic partner in customer experience and analytics projects. Novencia & Think Out jointly delivered the RTL user path analysis project, combining qualitative ethnography with data-driven analytics to provide a complementary approach to audience understanding.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/novencia
• YouTubeyoutube.com/user/novenciagroup
• Facebookfacebook.com/NOVENCIAGroup
• LinkedInlinkedin.com/company/novencia
• Instagraminstagram.com/novenciagroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Novencia