Atos Acquiring Visual BI With Eye On Business Intelligence, Cloud Analytics
‘We are seeing increasing demand by clients to provide a wider breadth of services. Visual BI brings enhancements to our scale. For example, it brings us and Atos SAP cloud data analytics, the Snowflake relationship, and new business intelligence capabilities. We’ve have these already, but not at scale. Visual BI will help increase our scale,’ says Todd Truesdell, managing director of Atos’ Maven Wave.
Global solution provider Atos this week unveiled its planned acquisition of Visual BI, a U.S.-based solution provider focused on cloud data analytics and business intelligence.
Paris, France-based Atos, ranked no. 24 on CRN’s 2021 Solution Provider 500 list, also unveiled the planned acquisition of Nimbix, an Irving, Texas-based high performance computing cloud platform provider, and said it has acquired Finland-based Ideal GRP, a product lifecycle management system integrator and platinum-level partner of Siemens Digital Industries Software.
Value of the acquisitions was not disclosed.
[Related: Atos Hires Avanade Veteran As New North American CEO]
Visual BI will complement the capabilities of Maven Wave, which Atos acquired in early 2020, said Todd Truesdell, managing director of Chicago-based Maven Wave.
Maven Wave is a provider of cloud-enabled digital transformation services helping businesses on their cloud journey with data analytics, machine learning, and cloud operations, Truesdell told CRN.
Plano, Texas-based Visual BI is a Snowflake elite partner, an SAP partner, and a Microsoft gold partner for data and analytics, a mix that will greatly increase the scale of what Maven Wave is doing, he said.
“We are seeing increasing demand by clients to provide a wider breadth of services,” he said. “Visual BI brings enhancements to our scale. For example, it brings us and Atos SAP cloud data analytics, the Snowflake relationship, and new business intelligence capabilities. We’ve had these already, but not at scale. Visual BI will help increase our scale.”
Maven Wave has a strong focus on the Google Cloud Platform, Truesdell said. While Visual BI is more focused on Amazon Web Services and Microsoft Azure, its cloud data analytics, business intelligence, and other technologies are cloud agnostic, and will complement Maven Wave’s capabilities, he said.
While Atos has made several acquisitions this year, one big one didn’t work out. Atos in February pulled out of a bid to acquire DXC Technology after acquiring about 12 companies in 2020.
Not all was rosy for Atos this year. Atos in April disclosed accounting errors in two of its U.S.-based subsidiaries, causing its share prices to fall over 20 percent.
Visual BI brings over 180 employees to Atos, while Maven Wave has about 400 employees, Truesdell said.