To strengthen digital transformation for clients IBM agreed to acquire finance and analytics solutions provider TruQua Enterprises, LLC. The deal will enhance IBM’s expertise in migrating financial platforms to SAP to help businesses modernize their financial processes.
- TruQua Enterprises, LLC is a leading IT services and consulting SAP development partner
- TruQua will enable IBM to broaden its consulting expertise and capabilities to help clients implement SAP solutions that will improve and automate financial management workflows, enhance operational efficiency, and, ultimately, drive an enterprise-wide transformation through the adoption of SAP S/4HANA, the latest generation of SAP’s ERP business suite.
The major partnerships and expansions by IBM are featured below:
Aug 2020: Workday a leading human capital management software vendor announced an expanded partnership with IBM to help business and community leaders plan, schedule, and monitor a safe return to the workplace for employees.
Aug 2020: The world’s leading Coca-Cola bottler Coca-Cola European Partners (CCEP) has announced a multiyear agreement with to accelerate its transformation to an open hybrid cloud environment using Red Hat OpenShift and Red Hat Enterprise Linux.
July 2020: The commercial real estate service provider CBRE announced a long term partnership with IBM Services to provide technology support services for its clients at select data center. With this deal CBRE offering called Smart Maintenance to its clients.
July 2020: The international computer software company Adobe announced that it forms a strategic partnership with IBM and Red Hat to accelerate digital transformation and strengthen real-time data security for enterprises.
July 2020: IBM has signed an agreement to acquire Brazilian software provider of robotic process automation (RPA) WDG Soluções Em Sistemas E Automação De Processos LTDA (WDG Automation).
June 2020: IBM had signed a definitive agreement to acquire US-based Spanugo, a provider of cloud cybersecurity posture management solutions. The deal further helps IBM to meet the security demands of its clients in highly regulated industries.
June 2020: IBM announced that IBM Services is collaborating with the Korean credit card company, Lotte Card to transform its entire enterprise system, including mission critical and core financial accounting systems, to a hybrid cloud environment. Lotte Card provides services to a wide network of retailers including department stores, hypermarkets and cinemas.
May 2020: India’s leading telecom firm Bharti Airtel had announced that IBM and Red Hat will build its new telco network cloud, designed to make it more efficient, flexible and future-ready to support core operations and enable new digital services.
February 2020: IBM had announced a strategic investment in a leading global quantum computing company Cambridge Quantum Computing (CQC). The latest investment comes after years of collaboration between CQC and IBMs quantum computing team.
January 2020: IBM announced the opening of its Automation Innovation Center (AIC) in India at the companys Pune facility. The AIC is a state-of-the-art facility themed around Intelligent Automation and Future of Work, with experiential demonstration centers showcasing IBMs flagship Automation Platform, Digital Worker suite of solutions, Automation Operations Command Center for monitoring and managing bots, and co-creation zone for quick Design Thinking with visiting clients. The new AIC also showcases industry vertical solutions for Banking, Telco, Insurance, Retail, CPG, Healthcare etc.
International Business Machines (IBM), is a global technology company that provides hardware, software, cloud-based services and cognitive computing. IBM is headquartered at New York and has operations in over 170 countries. IBM helped pioneer information technology over the years, and it stands today at the forefront of a worldwide industry that is revolutionizing the way in which enterprises, organizations and people operate and thrive. IBM was founded in June 1911 and has completed its centennial. IBM Research is one of the worlds largest corporate research labs, with more than 3,000 researchers in 12 labs located across six continents.