IBM acquires Spanish company Bluetab to expand data and hybrid cloud consulting services portfolio
It hopes to fuel migration to the cloud and help clients to realise even more value from their mission-critical data
IBM has reached an agreement to acquire Bluetab Solutions Group S.L., the Spanish IT company that provides services to large companies in the data solutions area: strategy, management, analytics and cloud data services. The goal of the American multinational is to help companies generate business value from data and artificial intelligence (AI) to create new customer experiences and redefine their operations. This is how it intends to expand its data consulting and hybrid cloud services in Europe and Latin America. "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 realise even more value from their mission-critical data".
With a deep-rooted 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. 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" he adds.
The transaction is subject to customary closing conditions including regulatory clearance and is expected to close in the third quarter of 2021.