IBM Takes Over Taos in Latest Push Cloud

IBM Takes Over Taos in Latest Push Cloud

Tech giant IBM has announced that it has agreed to acquire managed services provider Taos under an undisclosed agreement.

This purchase will help IBM strengthen its cloud transformation and migration capabilities.

Taos has more than 30 years of business technology experience and has earned a reputation as one of America's leading managed service providers. The company has also established strong partnerships with cloud industry players, including Microsoft Azure, Google Cloud, and AWS.

Cloud contest

IBM's decision to invest more in its long-term cloud strategy was likely influenced by the events of the past twelve months. The COVID-19 pandemic has forced many companies to rely on cloud solutions to help them deliver essential services. The professional cloud services market is expected to exceed $ 200.000 billion by 2024, and many companies will use multiple hybrid cloud environments to meet their IT needs.

IBM expects this trend to continue as companies increasingly rely on outsourced IT support from managed service providers. With increasingly popular cloud solutions, this seems like a safe bet, but internal IT staff may resist the introduction of external service providers.

As always, IBM's acquisition of Taos is subject to customary regulatory conditions and is expected to close in the first quarter of this year.

"Taos adds the deep experience, public cloud partnerships, and innovative solutions needed to drive growth and adoption of the IBM hybrid cloud platform in the Americas," said John Granger, senior vice president of application innovation at the cloud and COO of IBM Global Business Services. .

“The platform gives enterprises the freedom to choose from multiple vendors to best meet their IT and business needs, and we are committed to helping our customers successfully navigate their open hybrid cloud journeys with these vendors.

Via Venture Beat