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IBM Strengthens Cloud Offering With Acquisition Of Cloud Based Aussie Co. SXiQ

By John F. Heerdink, Jr.

Reportedly, International Business Machines Corporation (IBM) announced the acquisition of SXiQ, an Australian digital transformation services company specializing in cloud applications, cloud platforms, and cloud cybersecurity. Businesses are now rapidly turning to multiple cloud providers and platforms to meet a broad range of organizational needs. A recent global IBM study found that hybrid cloud is becoming a dominant IT architecture with only three percent of C-level executives using a single private or public cloud in 2021.

“Companies are very clearly deploying hybrid cloud strategies as interoperability, security, compliance, and avoiding vendor lock-in is top of mind. IBM’s acquisition of SXiQ brings additional hybrid and multi-cloud expertise that is at the core of open innovation for clients,” stated John Granger, Senior Vice President, Hybrid Cloud Services, IBM Consulting.

SXiQ works with leading Australian enterprises, as well as the Australian operations of global Fortune 2000 companies, to successfully migrate and modernize their cloud infrastructure and applications across multiple industries including consumer products, financial services, energy, healthcare, and the public sector. SXiQ will enhance IBM Consulting’s capabilities in Australia and New Zealand to modernize applications and technology infrastructure in the cloud. 

SXiQ will join IBM Consulting’s Hybrid Cloud Services business, helping IBM capitalize on a rapidly growing cloud professional services market expected to surpass $200 billion globally by 2024. SXiQ’s team of technology consultants will bring in expertise transforming and migrating enterprise workloads on cloud platforms including Microsoft Azure, and Amazon Web Services.

Dow 30 component International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. To learn more about International Business Machines Corp (IBM) and to track its ongoing progress please visit the Vista Partners IBM Coverage Page

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(Read Original Story: IBM Acquires Hybrid Cloud Consulting Business in Australia in PR Newswire)


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