IBM buys Nordcloud as cloud wars with Google, AWS, Microsoft heat up

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IBM’s brand observed exhibited on a smartphone.

Rafael Henrique | SOPA Photographs | LightRocket | Getty Visuals

LONDON – IBM introduced Monday that it has acquired Norwegian cloud consulting products and services service provider Nordcloud for an undisclosed sum as it seems to acquire an edge in the significantly intense cloud wars.

Founded in 2011 and headquartered in Helsinki, Finland, Nordcloud has a current turnover of all over 50 million euros ($61 million) and above 450 personnel, according to its LinkedIn web site.

Cloud computing refers to when businesses and people today use another person else’s laptop or computer servers to accomplish a activity on their machine, or store some details in a spot that isn’t really their tricky generate. Hybrid cloud is the phrase utilized to outline a combination of cloud environments such as general public, personal and on-premise. 

IBM claimed the acquisition will “turbocharge” its hybrid cloud consulting means.

John Granger, senior vice president and chief working officer at IBM World wide Business enterprise Products and services, stated in a statement: “IBM’s acquisition of Nordcloud provides the form of deep knowledge that will push our clients’ digital transformations as effectively as assistance the additional adoption of IBM’s hybrid cloud system.”

He additional: “Nordcloud’s cloud-indigenous applications, methodologies and expertise mail a robust sign that IBM is committed to deliver our clients’ prosperous journey to cloud.”

The cloud sector has boomed over the very last couple of decades and analysts at Gartner and IDC feel qualified cloud solutions will be a $200 billion marketplace by 2024.

On the other hand, IBM faces rigid competitors from the likes of Microsoft, Amazon Website Companies, and Google. It has been seeking to rebrand by itself as a hip cloud inventory not too long ago, and final calendar year it acquired open supply computer software company Red Hat for $34 billion.

“IBM’s hybrid cloud approach is quite complementary with our cloud-native strategy to assisting shoppers migrate, handle and modernize in the cloud,” claimed Fernando Herrera, Chairman and Founder of Nordcloud, in a assertion.

“As an skilled companion in present day cloud ecosystems, we get the job done with all of the general public cloud providers for the very good of our purchasers during Europe. I am very psyched to embrace IBM’s open innovation way of thinking and assist grow its world wide footprint.”

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