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Thursday, February 2, 2023

IBM buys Octo to increase its presence in the US public sector

To promote your business in the US government sector, IBM has announced the purchase of Octo, a digital transformation provider that works exclusively with the federal government of that country.

With the acquisition expected to close before the end of the year, Big Blue will add 1,500 Octo employees to its workforceWho will work in their consulting unit in the public and federal market of the United States. With this, IBM will leverage Octo’s presence in state agencies for defense, health and civil services to boost its business in public administration.

This represents an attractive opportunity for IBM, because The US federal government is investing heavily in digital transformation To address challenges such as technical skill shortage and rebuilding the country’s supply chain. In fact, the body has a budget of $65,000 million to spend on civil IT till 2023.

To achieve this, state agencies rope in companies that have the necessary skills to modernize their structures, secure their networks, implement new technologies, and optimize costs. With the new acquisition, Big Blue adds Octo’s artificial intelligence, cloud and infrastructure, DevSecOPs, data management and analytics, and cybersecurity services to its offering, as well as its innovation center, oLabs, with which the company builds prototypes Is and co-produces with. public administration.

Octo is the eighth purchase that IBM makes this 2022, among which are also Dilexa, NuDesic and Centaca.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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