The enterprise software and services landscape is always evolving, even in the midst of a pandemic, with startups in new product categories disrupting established vendors, and well-known names combining to stay on top of the market. Cloud services in particular is a market that has been changing rapidly of late, both in terms of the software that runs in the cloud and the hardware that powers it.
For CIOs, mergers and acquisitions (M&As) in the tech space can be disruptive to strategic rollouts, spell a need to pivot to a new solution, mean the potential sunsetting of essential technology, provide new opportunities to leverage newly synergized systems, and be a bellwether of further upcoming shifts in the technology landscape. Keeping on top of activity in this area can help your company make the most of emerging opportunities and steer clear of issues that often arise when vendors combine.
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Source: News