Published on : May 10, 2018
Industry initiatives to transition to cloud platforms are witnessing increasing thrust from technology stalwarts. These companies are keen to make strategic acquisitions, with an aim to offer cutting-edge software to facilitate the migration among enterprise customers. The U.S.-based multinational technology giant Google announced on May 9, 2018 that it has agreed to acquire Velostrata, an Israel-based startup offering cloud migration solutions. As with myriad of companies leveraging on emerging opportunities in the cloud space, the software company founded in 2014 has been offering solutions for provisioning of datacenter resources resting on on-premise to the cloud, a trend that has already gained increased traction world over. The move will endow a significant edge to the customers of Google Cloud, who can migrate massive legacy databases to the cloud, effectively and quickly. Velostrata’s offering will enable them to put large virtual machine-based workloads including enterprise applications, massive batch processing, and DevOps on the cloud platform.
Hybrid Cloud Solution Features by Velostrata to be tuned to help Google Cloud Customers
Amid intensifying competition from behemoths such as Amazon and Microsoft who hold a marked clout in the cloud migration services market, Google hopes to leverage on the potential of acquisitions to get ahead of its competitors. One of the unique features that Velostrata has been offering and is much talked about is the ability of decoupling storage and compute through its hybrid cloud solution.
Post the acquisition, the cloud migration tool offered by Velostrata that is presently meant for general applications will be tailored to meet the needs of customers using Google cloud in the coming years.
Collaborations and Strategic Partnerships to help Google gain Share in Cloud Space
Google, with Alphabet Inc. being the parent company, has long been keen on consolidating its shares in the cloud space by introducing new solutions for its customers, notably to traditional ones such as in the banking and financial services industry and the retail sector. A notable effort is collaborating with vendors to gain a foothold in the cloud enterprise market. Very recently (April, 2018) it has announced to expand its cloud connectivity by partnering with certified carriers and colocation providers.