Note: if you missed Part I of this blog series, catch up and read Part I: Context for the Acquisition This is part of a four-blog series exploring Tangoe’s acquisition of MOBI. Part I: Context for the Acquisition Part II: Why? Part III: Enterprise Considerations Part IV: Market Considerations and Conclusion Industries: Enterprise Mobility Management,…
Tangoe Acquires MOBI – Part I: Context for the Acquisition
Industries: Enterprise Mobility Management, Technology Expense Management
Key Stakeholders: CIO, CFO, Chief Digital Officer, Chief Technology Officer, Chief Mobility Officer, Mobility Directors and Managers, Procurement Directors and Managers, Accounting Directors and Managers
Why It Matters: Tangoe is the largest technology expense management vendor. By purchasing MOBI, Tangoe gains Managed Mobility expertise, a customer base with high customer satisfaction, and expertise in Robotic Process Automation to support enterprise mobility.
Top Takeaway: Tangoe continues to aggressively acquire market leaders both to increase market share and add Best-in-Breed capabilities, personnel, and technology to its technology management portfolio.
Note: This is part of a four-blog series exploring Tangoe’s acquisition of MOBI.
Part I: Context for the Acquisition
Part II: Why?
Part III: Enterprise Considerations
Part IV: Market Considerations and Conclusion
On December 5th, 2018, Tangoe announced the acquisition of MOBI, a leading managed mobility services organization based in Indianapolis, Indiana in the United States. With this acquisition, Tangoe increases its IT spend under management to over $40 billion, increasing its lead over other spend management vendors with multiple billions of dollars of enterprise technology under management including Flexera, Snow Software, Microsoft Azure Cost Management, CloudHealth by VMware, Calero, MDSL, Cass Information Systems, and Sakon.
Tangoe Acquires MOBI to Strategically Expand Enterprise Mobility Capabilities
On December 5th, 2018, Tangoe announced the acquisition of MOBI, a leading managed mobility services organization based in Indianapolis, Indiana in the United States. With this acquisition, Tangoe increases its IT spend under management to over $40 billion, increasing its lead over other spend management vendors with multiple billions of dollars of enterprise technology under management including Flexera, Snow Software, Microsoft Azure Cost Management, CloudHealth by VMware, Calero, MDSL, Cass Information Systems, and Sakon.
Key questions to consider for this acquisition include:
- Why did Tangoe decide to buy MOBI at this time? For its customer base? Corporate culture? Technology?
- How does this acquisition affect enterprises seeking toolsets to assist with the orchestration and accounting of digital transformation initiatives?
- How will work be split and coordinated between Tangoe’s Austin logistics warehouse and MOBI’s Indianapolis-based facilities?
- What will Tangoe do with MOBI’s Robotic Process Automation initiative of Mobots?
- Will Tangoe keep MOBI’s staff or will there be a bunch of high-quality mobility and support staff available?
- What happens to MOBI partners who may compete with Tangoe?
- Will MOBI customers be moved to the Tangoe Matrix platform immediately?
- Will Tangoe contribute to the burgeoning Indianapolis tech scene that is currently one of the hottest startup spots in the country?
To learn more about which of these questions can be answered and which of these questions require greater due diligence, please read my full analysis, which is available at: https://amalgaminsights.com/product/amalgam-insights-market-milestone-tangoe-acquires-mobi-to-enhance-mobility-management-capabilities
Market Milestone – Looker Raises $103 Million E Round to Expand the Looker Data Platform
On December 6, 2018, Looker announced that it closed a $103 million E round led by Premji Invest, a private equity firm owned by Wipro chairman Azim Premji. This round also includes new funds from Cross Creek Advisors, a venture capital firm focused on late-stage investments with current investments including tech darlings such as Anaplan,…
Red Hat Hybrid Cloud Management Gets Financial with Cloud Cost Management
Key Stakeholders: CIO, CFO, Accounting Directors and Managers, Procurement Directors and Managers, Telecom Expense Personnel, IT Asset Management Personnel, Cloud Service Managers, Enterprise Architects Why It Matters: As enterprise cloud infrastructure continues to grown 30-40% per year and containerization becomes a top enterprise concern, IT must have tools and a strategy for managing the cost…
Observations on the Future of Red Hat from Red Hat Analyst Day
On November 8th, 2018, Amalgam Insights analysts Tom Petrocelli and Hyoun Park attended the Red Hat Analyst Day in Boston, MA. We had the opportunity to visit Red Hat’s Boston office in the rapidly-growing Innovation District, which has become a key tech center for enterprise technology companies. In attending this event, my goal was to learn more about the Red Hat culture that is being acquired as well as to see how Red Hat was taking on the challenges of multi-cloud management.
Throughout Red Hat’s presentations throughout the day, there was a constant theme of effective cross-selling, growing deal sizes including a record 73 deals of over $1 million in the last quarter, over 600 accounts with over $1 million in business in the last year, and increased wallet share year-over-year for top clients with 24 out of 25 of the largest clients increasing spend by an average of 15%. The current health of Red Hat is undeniable, regardless of the foibles of the public market. And the consistency of Red Hat’s focus on Open Source was undeniable across infrastructure, integration, application development, IT automation, IT optimization, and partner solutions, which demonstrated how synchronized and focused the entire Red Hat executive team presenters were, including
Torchbearer Case Study: OceanX Delivers the Consumer Subscription Experience with Oracle Cloud Infrastructure
(Note: Torchbearer Case Studies provide enterprises with a strong example of the “Art of the Possible” in using technology to enhance their business environment. Amalgam Insights provides emerging best practices based on the experience of the Torchbearer to inspire and educate Early Adopter and Early Majority buyers seeking to develop a strategic advantage.)
At Oracle Open World, I was interested in learning more about the Oracle Cloud and its role in data and analytics. Although Oracle has admittedly been relatively late to the enterprise cloud, the Oracle Cloud was front and center throughout Oracle Open World and it was interesting to see how Oracle was able to bring up enterprise technology deployments across its portfolio. One example of enterprise success in working with the Oracle Cloud that stood out was from OceanX.
At Oracle Open World, OceanX won the 2018 Oracle Innovation Award for Data Management. OceanX is a spinoff of Guthy-Renker started in 2016 to provide an integrated subscription commerce platform which brings together e-commerce, fulfilment, customer service, and business analytics associated with direct-to-consumer subscription programs. This allows consumer brands to provide personalized and bespoke products in their subscription offerings and to build consumer relationships based on a holistic view of the customer’s preferences, purchases, and interactions.
Is IBM’s Acquisition of Red Hat the Biggest Acquihire of All Time?
Estimated Reading Time: 11 minutes
Internally, Amalgam Insights has been discussing why IBM chose to acquire Red Hat for $34 billion dollars fairly intensely. Our key questions included:
- Why would IBM purchase Red Hat when they’re already partners?
- Why purchase Red Hat when the code is Open Source?
- Why did IBM offer a whopping $34 billion, $20 billion more than IBM currently has on hand?
As a starting point, we posit that IBM’s biggest challenge is not an inability to understand its business challenges, but a fundamental consulting mindset that starts with the top on down. By this, we mean that IBM is great at identifying and finding solutions on a project-specific basis. For instance, SoftLayer, Weather Company, Bluewolf, and Promontory Financial are all relatively recent acquisitions that made sense and were mostly applauded at the time. But even as IBM makes smart investments, IBM has either forgotten or not learned the modern rules for how to launch, develop, and maintain software businesses. At a time when software is eating everything, this is a fundamental problem that IBM needs to solve.
The real question for IBM is whether IBM can manage itself as a modern software company.
From Calero World Online: From TEM to ITEM: Leveraging TEM for Non-Traditional Expenses
On October 18th, I presented a webinar at Calero World Online on the future of IT cost and subscription management. In this presentation, I challenge existing telecom and IT expense management managers to accept their destiny as pilots and architects of enterprise digital subscriptions.
Telecom expense has traditionally been the most challenging of IT costs to manage. With the emergence of software-as-a-service, cloud computing, the Internet of Things, and software-defined networks, the rest of the IT world is quickly catching up.
In this webinar, you will learn:
- How the latest trends and technology are driving change to enterprise management strategies
- How the challenges of traditional TEM and cloud expense management are similar in nature (and why TEM is a good place to start)
- How organizations are benefiting from ITEM best practices using sample use cases
To learn more about the upcoming challenges of IT expense management, aligning technology supply to digital demand, and being the shepherd for your organization’s technology sourcing, utilization, and optimization, click here to watch this webinar on-demand.
ICYMI: On Demand Webinar – Four Techniques to Run AI on Your Business Data
On October 17th, I presented a webinar with Incorta’s Chief Evangelist, Matthew Halliday, on the importance of BI architectures in preparing for AI. This webinar is based on a core Amalgam Insights belief that all enterprise analytics and data science activity should be based on a shared core of trusted and consistent data so that Business Intelligence, analytics, machine learning, data science, and deep learning efforts are all based on similar assumptions and can build off each other.
While AI is beginning to impact every aspect of our consumer lives, business data-driven AI seems to be lower on the priority list of most enterprises. The struggle to understand the practical value of AI starts with the lack of ability to make business data easily accessible to the data science teams. Today’s BI tools have not kept up with this need and often are the bottlenecks that stifle innovation.
In this webinar, you will learn from Hyoun Park and Matthew Halliday about:
- key data and analytic trends leading to the need to accelerate analytic access to data.
- guidance for challenges in implementing AI initiatives alongside BI.
- practical and future-facing business use cases that can be supported by accelerating analytic access to large volumes of operational data.
- techniques that accelerate AI initiatives on your business data.