Tag: SADA

Insight Enterprises snaps up SADA

Posted on December 5, 2023 by - News

Insight Enterprises has snapped up six-time Google Cloud Partner of the Year SADA for $410 million.

Insight claims the deal puts it in the same class as Accenture and Deloitte as one of Microsoft and Google’s three biggest cloud players.

Insight said the additional earnout for SADA owners has a target of $210 million based on SADA’s three-year performance after the close of the acquisition. Insight expects the deal to add 20 to 30 cents per share to its adjusted earnings per share in December 2023 and 55 to 75 cents per share in 2024.

SADA delivered net revenue of $251 million in 2022 and gross profit of $200 million.

SADA  has Google Cloud specialisations, including security, infrastructure, cloud migration, data analytics, application development, location intelligence and machine learning. Insight has 22 Microsoft specialisations.

Insight said the deal extends its AI capabilities across two leading generative AI platforms.

 

IT managers think the cloud is more secure

Posted on August 26, 2016 by - News

PAY-Lion-King-cloud-MAINHalf of IT managers think they will be more secure on the cloud than having their own data centres

According to a SADA Systems study which asked 200 enterprise IT professionals regarding their use of cloud services, 51 percent of the respondents said data security is better in the cloud, while 58 percent cited the cloud as “the most secure, flexible and cost-effective solution for their organizations,” according to SADA Systems.

Tony Safoian, president and CEO at SADA Systems, said this was a reversal of enterprise sentiments since the cloud’s early days when security was a significant adoption obstacle.

The supplier no longer has to prove to customers that the cloud was cost effective, not a passing fad and secure.

Instead, the cloud discussions now revolve around what workloads will move to the cloud, on which platforms will they reside and who will help get them there, Safoian noted.

As for the latter problem, 43 percent of the IT managers SADA Systems surveyed said they have and will continue to use third-party consultants to manage public cloud infrastructure.

In addition, enterprises are asking about what business advantages they can obtain in moving to the cloud, Safoian added.

In other SADA Systems findings, half of survey respondents said they are likely to increase public cloud use by at least a quarter over the next two to three years. Another quarter of the IT professionals polled said they would increase their public cloud use by 50 percent during the same time span. More than 84 percent of respondents said they are using public cloud infrastructure today, and 45 percent of the companies surveyed said their cloud migrations took three to six months. Another 23 percent said the migration took less than three months.