IBM to Acquire TruQua to Enhance Offerings in Hybrid Cloud
November 17, 2020
IBM declared today it would procure TruQua Enterprises, a finance and analytics organization in the IT and SAP ventures. That turns into the most recent buy intended for upgrading IBM's contributions in the hybrid cloud.
TruQua is a "brain trust" inside both the IT and SAP businesses. It gives counseling and usage administrations, just as technical expertise, software solutions, training, and support in the SAP climate.
IBM accepts the obtaining will upgrade its capacities in relocating monetary stages to SAP. This will smooth out cycles in the cloud recently joined to heritage frameworks and cycles siloed inside those conditions.
IBM has additionally kept up a long-standing association with SAP, finishing in excess of 5,500 SAP ventures, remolding the undertaking frameworks of in excess of 400 organizations. Presently, with TruQua, IBM can additionally expand on those abilities.
Rahul Kalia, global managing partner for Enterprise Cloud Applications, IBM Services, emphasized TruQua's capabilities with SAP S/4HANA Finance & Group Reporting solutions: "Our clients are reimagining their core finance processes with cloud, AI, and other exponential technologies to drive increased value for their organizations. Our acquisition of TruQua further strengthens IBM's deep global expertise in finance and demonstrates our continued commitment toward supporting Chief Financial Officers' strategic initiatives."
Both of TruQua's founders also expressed optimism about its future with IBM.
"TruQua's 'Smart, Driven and Nice' consultants will be able to quickly add to IBM's already strong capabilities in the finance and analytics space," said Scott Cairncross, one of its founders.
The other founder, David Dixon, hailed the deal as "an amazing opportunity to amplify our differentiated knowledge assets via IBM's solution portfolio, global reach, and scale."
About TruQua Enterprises:
TruQua Enterprises is an IT services, consulting, and licensed SAP development partner that specializes in providing “True Quality” SAP solutions to Fortune 500 companies with integrated, end-to-end analytic solutions. Through project management, software innovation, thought leadership, implementation and deployment strategies, TruQua’s team delivers high value services through its proprietary knowledge base of software add-ons, development libraries, best practices, solution research and blueprint designs.