ARMONK, N.Y., July 15, 2021 /PRNewswire/ -- IBM
(NYSE: IBM) today announced an agreement to acquire
Bluetab Solutions Group, S.L. to extend its portfolio of
data and hybrid cloud consulting services. Bluetab will become a
strategic part of IBM's data services consulting practice to
further advance its hybrid cloud and AI strategy.
"The outside-in digital transformation of the past is giving way
to the inside-out potential of using company-owned data with AI and
automation to generate business value and create intelligent
workflows," said 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."
1.
"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.
- Magic Quadrant for Data and Analytics Service Providers,
Worldwide, 15 February 2021, Jorgen
Heizenberg, Twiggy Lo, Gareth
Herschel, Divya Radhakrishnan, Shubhangi Vashisth
About IBM
To learn more about IBM Global Business Services, please visit:
https://www.ibm.com/services.
About Bluetab
Bluetab is an IT Services boutique
serving large corporations in the highly specialized Data Solutions
space: Data Strategy, Data Management, Data Analytics and Data
Cloud Services. With a deep engineering culture and a skilled and
motivated team of more than 700 data experts, Bluetab deploys the
full spectrum of services necessary to design and implement
best-in-class data solutions. To learn more about Bluetab please
visit www.bluetab.net
Media Contact
Leslie
Park, IBM External Relations
leslie.park@ibm.com
201-230-1418
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SOURCE IBM