IBM to Acquire Bluetab to Expand Data Consulting and Hybrid Cloud Services in Europe and Latin America

ARMONK, NY, July 15, 2021 /PRNewswire/ –IBM (NYSE: IBM) today announced an agreement to acquire Bluetab Solutions Group, SL to expand its portfolio of data consulting and hybrid cloud services. Bluetab will become a strategic part of IBM’s data services consulting practice to 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 enterprise-owned data with AI and automation to drive business value and create intelligent workflows,” said Mark Foster, senior vice president, IBM Services and Global Business Services. “Our acquisition of Bluetab will fuel the migration to the cloud and help our customers extract even more value from their critical data.”

Founded in 2005 and based in MadridBluetab has longstanding relationships with leading brands in banking, telecommunications, energy and utilities across Spain, Mexico, Peru and Colombia. Bluetab enables large enterprises to get more value from their data by transforming their on-premises data and analytics estates into multi-cloud hybrid data platforms using a combination of public cloud providers and technologies, including Red Hat OpenShift.

“The key to solving data problems for our customers has been the exceptionally talented and experienced team we were able to assemble as well as the value-added accelerators we developed,” said José Luis López, co-founder of Bluetab . “We couldn’t be more excited about the opportunity IBM presents to us to continue to grow our team, leverage our accelerators, and help more clients achieve leadership positions by leveraging their data.”

Organizations are deploying data and analytics to support enterprise-scale digital transformation and acceleration. Benefit IBM Garage, a unique approach to co-creating, co-executing and scaling business transformation, IBM helps clients unlock and harness the value of their data, derive insights from it, monetize them and use this information to reinvent their workflows. Bluetab’s expertise in data migration and cloud services includes specialized data strategy, data structure, and advanced analytics. Bluetab’s highly skilled data experts will join IBM Global Business Services to capitalize on the opportunity in the rapidly growing data services market. According to Gartner, “The global market for data and analytics services is forecast to $123 billion in 2020, with a five-year compound annual growth rate (CAGR) of 14.6% to reach $232 billion by 2024.” 1.

“We’ve been fortunate to engage and develop lasting relationships with great organizations that value innovation and share our data-driven vision for the future,” said Tom Uhart, co-founder of Bluetab. “Over the years, we’ve partnered with our customers to help them transition to hybrid and multi-cloud models that allow them to leverage the value of 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.

  1. Magic Quadrant for Data and Analytics Service Providers Worldwide February 15, 2021Jorgen Heizenberg, Twiggy Lo, Gareth HerschelDivya Radhakrishnan, Vasishth of Shubhangi

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 enterprises in the highly specialized field of data solutions: data strategy, data management, data analytics and data cloud services. With a deep engineering culture and a qualified and motivated team of more than 700 data experts, Bluetab deploys the full range of services needed to design and implement the best data solutions. To learn more about Bluetab, please visit www.bluetab.net

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Leslie ParkIBM External Relations
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SOURCEIBM

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