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IBM to acquire RedPill

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DQC Bureau
New Update

IBM announced an agreement to acquire the business of RedPill Solutions, a

privately-held company headquartered in Singapore. RedPill's data models and

expertise, developed through the successful execution of multiple analytics

projects, will enhance IBM's current work to improve the speed and quality of

clients' business decisions.

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“Our growth roadmap highlights analytics as a core element of Managed

Business Process Services,” said Randy Walker, GM-Growth Markets IBM MBPS,

Growth Markets. “RedPill has strong capabilities in research and analytical

services in key growth markets that will enhance IBM's analytics services

offerings.”

“Analytics capability is now a necessity when competing in Business Process

Outsourcing deals,” said Pavan Vaish, CEO, IBM Daksh. “With this acquisition IBM

is building an advanced analytics capability that will provide a competitive

edge and differentiation, particularly in the areas of financial services and

telecommunications,” he added.

“Becoming a part of IBM will allow RedPill to leverage IBM's reach,

technology prowess and resources, and offer its expertise to a wider global

market,” said Suresh Shankar, CEO, RedPill. “IBM's Smarter Planet agenda has

analytics at its core, making it the industry's most comprehensive vision for

the future direction of business analytics. We are truly excited to be a part of

that vision,” he concluded.

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