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International Business Machines Corp. (NYSE:IBM) is building its fences to become the strongest player in the cloud computing domain was evident with its latest acquisition. That IBM hopes to have a product or service, in every vertical of cloud business was proved by the company acquiring key Cloud Brokerage firm, Gravitant.
Cloud brokerage Firm?
The demands on business to better manage their cloud purchases from suppliers spread across the globe have now become easier and efficient by the likes of cloud brokerages. One of the foremost in this emerging segment of brokerages has been Gravitant.
With Gravitant International Business Machines Corp.(NYSE:IBM) has a two-pronged player. The services that Gravitant is able to provide can easily see the company be listed in two of the service units of the blue giant. The IBM Global Technology Services Unit and secondly, the IBM Cloud units which has plans to offer Gravitant as part of its SaaS platform.
Innovative Approach
The Vice President of Global Technology Services, IBM, Martin Jetter had this to say about the acquisition: Gravitant proves to an innovative approach and will provide the choice as well as simplicity which will help enterprises to manage environments. The key thrust of the acquisition will however, be in providing hybrid cloud solutions the company VP reported.
Vendor options galore
The likes of Gravitant have a place on the cloud platform because of the growth in the number of cloud services vendors in recent times. As it becomes increasingly difficult for enterprises to navigate the vendor offerings, Gravitant and similar companies offer solutions.
Expensive Transition
International Business Machines Corp.(NYSE:IBM) has been on an buying spree and acquiring company after company since 2013. The need for IBM currently is to build its cloud repertoire as the larger technology companies Google Inc, Amazon.com, Inc and others offer end-to-end cloud solutions.
International Business Machines Corp.(NYSE:IBM) has spent as much as $2 billion in 2013 on a single acquisition of SoftLayer an IaaS platform.
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