The Big Blue has acquired Bluetab to expand its hybrid cloud services

Just a week after acquiring BoxBat, tech giant IBM has made an announcement that it has acquired Bluetab to expand its portfolio in analytics, data, and cloud services. With Bluetab, the company is looking forward to advancing its AI and hybrid cloud strategy in Latin America, Europe, and North America. It is a well-known fact that organizations have now turned towards the cloud for better flexibility as they want to progress ahead of others in digital transformation. IDG, in its report, has stated that companies have expanded their average cloud budget from $1.62 million to $2.2 million today. Even though the global market is recovering slowly from the covid wave, the data services segment has continued to grow both in size and revenue.

Gartner has predicted that data services will reach a whopping $232 billion in value in the next five years. Bluetab is an enterprise software provider with offices in Spain, the U.K., and Mexico. The company specializes in offering products for hybrid multi-cloud platforms. José Luis López, Co-Founder of Bluetab, has stated that they managed to solve the data challenges of their clients with an extremely talented and experienced team.  He furthermore added that he is excited about the latest acquisition and is looking forward to work with IBM.

 

Ezbob launches all-new modular and robust SaaS platform

Ezbob, in a recent press meet, has announced that it has launched a new modular SaaS platform Ezbob Express. This new platform primarily focuses on three important needs -  offering financial service providers the flexibility that fills the gap in their digital transformation strategies, allowing them to make more precise complex credit and risk decisions in real-time that facilitate the growth of embedded finance.

Ezbob has stated that the new Express customer acquisition platform will have a modular approach that enables financial institutions with gaps in their digital channel to add the functionality needed to achieve a customized digital experience. The new modules will include UX & Process Design, Compliance & Authentication, Credit & Risk Decisioning, and Product Recommender.

Organizations that use Ezbob Express's robust API strategy can now embed a financial service into their purchase process, like customer accounts opening, credit card applications, consumer and business loans, overdraft facilities, asset finance, and invoice financing. It allows financial service providers to transform their customer onboarding into a highlighted, streamlined, automated digital journey by reducing customer input by 75 percent and increasing completed applications by 400 percent, which is a quick and seamless process.