Techwave announces the acquisition of iMicron

Techwave targets a market share of 100mn USD by mid of 2018 especially through cloud aggregation services; The acquisition, supports Techwave’s plans to become the global supplier of cloud-service offerings and brings, 20+ world class cloud service providers as Partners with 80 Data Centres in 17+ countries
Hyderabad, January 5, 2017: Techwave Consulting Inc., a global end-to-end IT services and solutions company headquartered in Exton, Pennsylvania, USA with Global Delivery Center in Hyderabad and local offices in Europe, APAC, UAE and South Africa today announced the acquisition of iMicron, a Cloud Marketplace Platform.

This acquisition would extend core offerings by propelling Techwave’s cloud and other value-added services with core product offerings. Through this acquisition, Techwave can provide tremendous value to customers and partners by delivering cloud-services. These offerings are provided through a unified usage experience across the service lifecycle. And would be covering infrastructure provisioning, access, security, billing, administration, and manages services support. Apart from all these it would also enable, existing and new services channels.

iMicron Cloud Marketplace is an ecosystem of buyers, sellers and solutions that enables organizations, partners to configure, provision and manage cloud technologies with ease. It removes the complexity in procurement, management and support that is too often inherent in cloud technologies.

“Techwave’s acquisition of iMicron would provide extended services for our clients. Being one of the fastest growing companies, customers will benefit from improved products, services and innovation and likewise the new services we bring to Techwave would enable us to deliver one of the broadest and most unique model within the presentIT industry”- speaks Damodar Rao Gummadapu, CEO,Techwave. He furthers adds, “I strongly feel that this offering will be a door opener in to lot of new clients across all of our regions and enable us to cross sell all of our other world class solution/service offerings.”

With cloud services broker enablement solutions, Techwave plans to target a market share of 100mn USD by mid of 2018 especially through cloud aggregation services. Techwave also plans to extend a B2C interface to integrate and promote packaged solutions/services for every CSP offering. The current global cloud partnership will help in providing cloud services across regions and help customers to have options to host Product, Development and Test environments in various clouds. Techwave has a roadmap to enable customized PaaS and SaaS offerings in the near future too. This platform will serve as one stop shop for all cloud solutions along with Techwave’s IMS offerings and also provide Infrastructure as a service (IaaS).

"Now Techwave’s Clients’ get the benefit of choosing best cloud services, comparing on the parameters like cost, security, service levels, geography and available packages, on a single platform ” said Chandra Rao, Vice President, Cloud Services, Techwave.

The acquisition of iMicron, supports Techwave’s plans for growth with a vision to become the global supplier of cloud-service offerings with other customized service requiring multi-channel solutions. This would also bring, 20+ world class cloud service providers as Partners with 80 Data Centres spread over 17+ countries and 20+ experienced Associates with proven skill sets in.

In nutshell,lTechwave- iMicron provides a unified platform to add choice and simplicity to how enterprises can now manage their cloud workloads. It is a key component as we expand our service offerings, especially on cloud.