IBM has completed the acquisition of Bluetab solutions group for an undisclosed amount. The tech giant is looking to build its hybrid cloud and data domains in Europe and Latin America. The transactions are expected to close in Q3 of 2021. Bluetab enables enterprises to make the best out of their data by transforming their on-premise data and analytics infrastructure to hybrid multi-cloud data platforms using tech like Red Hat OpenShift.
IBM this year will be focusing on developing AI, hybrid cloud storage, and quantum computers. They will roll out AI to manage cloud data, a system to automate meeting scheduling, and use quantum computers for complex programs. IBM will also release its project CodeNet, an open-source dataset made up of 14 mn code samples, 500 mn code lines, and 55 programming languages. The 2-nanometer chip building tech will begin production in a couple of years.
Tech Mahindra has acquired DigitalOnUS, a hybrid cloud and DevOps services provider, for $120 mn, including retention bonus and earnout. The acquisition will help Tech M to strengthen its hybrid-cloud offerings, cloud-native development, and Site Reliability Engineering automation. DigitalOnUS is headquartered in California and has a presence in India, as well. It has over 380 employees and posted a revenue of $30.6 mn for the FY ending on 31st Dec 2020.
The healthcare sector is rapidly adopting a hybrid cloud model, with 95% of the respondents agreeing that hybrid is the ideal choice, said a Nutanix report. 70% said that due to the pandemic IT is viewed more strategically and has accelerated digitalisation. ” Healthcare firms has increased adoption of public cloud (56%), hybrid cloud (51%) and has invested (46%) more in private cloud environments,” said Faiz Shakir, Country Head, India and SAARC, Nutanix.
Hybrid cloud is the only IT model showing a whopping 39% growth among financial companies in the next 5 years said Nutanix a report for financial services. The report said that half the respondents ended up increasing their investment in hybrid cloud during the pandemic. About 43% of BFSI firms are expected to spend more in the private cloud in the coming year.
IBM is accelerating its plans to partner with IT services companies to take its OpenShift platform to their customers. After Arvind Krishna took charge as CEO in April 2020, the company placed its bets on the Red Hat OpenShift platform that it had acquired a few years ago. The company has put in place a new go-to-market strategy, where it will work closely with IT services firms on bringing their clients onto the OpenShift platform.
IBM, to boost Hybrid Cloud capabilities, has acquired Cloud professional and managed services provider Taos, for an undisclosed amount. Taos has 30 years and partnered with AWS, GCP, and Microsoft Azure to deliver data centre migration, platform engineering and hybrid cloud managed services. It has clients across tech, BFSI, healthcare, retail, transportation and education vertical. IBM, in the last 2 months, acquired Salesforce consultancy provider 7Summits and Nordcloud.
Former financial chief, Martin Schroeter would be the head of IBM ‘s new IT infrastructure services unit, as it shifts focus on high-margin cloud business. The unit would provide technical support to 4,600 clients in 115 countries by the end of 2021. The new will have 90,000 people working on management and modernisation of IT infrastructure across industries. IBM saw a $ 1 trillion market opportunity in the hybrid cloud business.
IBM has acquired Helsinki-based multi-cloud consulting firm Nordcloud for an undisclosed amount. Nordcloud has 500 consultants certified in AWS, Azure and Google Cloud Platform, giving IBM much needed experts in Hybrid cloud as they move away from an IBM -centric solution to choosing to work with the customer implement a cloud strategy. Nordcloud was founded in 2011 and has raised more than $26 mn.