IBM acquires Bluetab to expand hybrid cloud service offerings
By MYBRANDBOOK
IBM announced another acquisition of Bluetab to expand its portfolio of data, cloud, and analytics services. With this it will further advance its hybrid cloud and AI strategy across Europe, Latin America, and North America. Bluetab will become a strategic part of IBM's data services consulting practice to further advance its hybrid cloud and AI strategy. Mark Foster, Senior Vice President, IBM Services and Global Business Services. "Our acquisition of Bluetab will fuel migration to the cloud and help our clients to realize even more value from their mission-critical data.
Founded in 2005 and based in Madrid, Bluetab has long-standing relationships with leading brands in the banking, telecommunications, and energy and utilities industries across Spain, Mexico, Peru and Colombia. Bluetab enables leading enterprises to drive more value from their data by transforming their on-premise data and analytics estates to hybrid multi-cloud data platforms using a combination of public cloud providers and technologies including Red Hat OpenShift.
"The key to solving data challenges for our clients has been the exceptionally talented and experienced team we have been able to build as well as the value-added accelerators we have developed," said José Luis López, Bluetab co-founder. "We could not be more excited by the opportunity that IBM offers us to continue to grow our team, to build on our accelerators and to help more clients achieve leadership positions by leveraging their data."
Organizations are deploying data and analytics to support enterprise-wide digital transformation and acceleration. Leveraging IBM Garage, a unique approach for co-creation, co-execution and scaling business transformation, IBM helps clients to unlock and exploit the value of their data, derive insights, monetize them and use those insights to reinvent their workflows. Bluetab's expertise in data and cloud migration services includes specialized data strategy, data fabric and advanced analytics. Bluetab's highly skilled data experts will join IBM Global Business Services to capitalize on the rapidly growing data services market opportunity. According to Gartner, "the worldwide Data and Analytics services market is forecast at $123 billion in 2020, with a five-year compound annual growth rate (CAGR) of 14.6% to reach $232 billion by 2024."
We have had the good fortune to engage with and develop long-lasting relationships with large organizations that value innovation and share our data-driven vision for the future," said Tom Uhart, Bluetab co-founder. "Over the years, we have partnered with our clients to help deliver transformation to hybrid and multi-cloud models enabling them to leverage value from their data assets."
Financial details were not disclosed. The transaction is subject to customary closing conditions including regulatory clearance and is expected to close in the third quarter of 2021.
BREAKING NEWS
TECHNO TRENDS
Happiest Minds brings in an innovative GenAI chatbot
Happiest Minds Technologies has announced the new GenAI chatbot - ‘hAPPI...
Government mandates encryption for CCTV cameras to ensure netw
In the wake of issuing an internal advisory on securing CCTV cameras at g...
TRAI recommends allowing only Indian entities to participate i
The Telecom Regulatory Authority of India (TRAI) has recommended that onl...
Galaxy AI is available on more devices with Samsung One UI 6.1
Samsung has expanded the range of smartphones to which One UI 6.1 and Gala...
E-Magazine
TECHNOTAINMENT
Disney+ Hotstar wins the Best OTT Platform of the year
Film Critics Guild and Group M Motion Entertainment, in collaboration with
Miss World 2024: Krystyna Pyszková of the Czech Republic wins
Krystyna Pyszková of the Czech Republic has been crowned as the 71st Miss
MOVERS & SHAKERS
Brillio appoints Ashish Singh to its Board of Directors
Brillio has announced that Ashish Singh has been appointed to the company
JSW One Platforms ropes in Dr Ranjan Pai as Independent Direct
JSW One Platforms, part of US$23 billion JSW Group has appointed Dr Ranjan
OPEN YOUR EYES
INTERVIEWS
Fire-Boltt innovates and introduces newer categories to make i
One of the biggest strengths and focus area of Fire-Boltt is innovation. Wi
IceWarp positioning itself as a disruptor in the Email and col
Post pandemic, the digital evolution has evolved. With most organizations a
HOT PICK
HP launches first laptop in India with Microsoft CoPilot butto
HP has launched sleek and stylish Envy x360 14 laptops in India which beco
OnePlus debut its Nord CE4 smartphone
OnePlus Nord CE4 continues the trend of attention-grabbing design with two
MAKE IN INDIA BRANDS
ATRIE TECHNOLOGY PVT. LTD.
FINOLEX INDUSTRIES LTD.
TP-LINK INDIA PVT LTD.
MICROTEK INTERNATIONAL PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Rajiv Srivastava
Rajiv Srivastava is the Managing Director of Redington Group. With 35 ...
Technology Icons Of India 2023: Mukesh D. Ambani
An Indian billionaire businessman Mukesh Dhirubhai Ambani is currently...
Technology Icons Of India 2023: Deepinder Goyal
Deepinder Goyal is the Founder and CEO of Zomato. Deepinder, or Deepi,...
PARTNER SPEAKERS
PSU
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
NPCI leading India towards Digital payments
The National Payments Corporation of India (NPCI) is an initiative tak...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
VIDEOS
Top 25 Brands
Value-Added Distribution
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...
INGRAM MICRO INDIA PVT. LTD.
Ingram Micro India, a large national distributor offers a comprehensiv...
SONATA INFORMATION TECHNOLOGY LIMITED
Sonata Software Limited is a leading Modernization engineering company...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
