International technology services provider Teradata has boosted its technology consulting portfolio with the acquisition of Big Data Partnership, a London-based big data solutions and training firm. The acquisition, which sees around 60 staff transfer to Teradata, will be integrated into the Think Big consulting practice of the publicly-listed US company.
Big Data Partnership was established in 2012 by co-founders Mike Merritt-Holmes, Tim Seears and Pinal Gandhi. From its base in Silicon Roundabout, the heart of London’s technology hub, the firm supports clients with a range of big data services, including consulting, data science and training, as well as solutions that leverage big data technologies such as Apache Hadoop, Apache Spark and NoSQL.
Last month CEO Merritt-Holmes unveiled that the firm has decided to join forces with Teradata, a US-based IT services provider with over $2 billion in annual revenues. With the move Teradata upgrades its scale in the big data landscape – one of the fastest growing segments in the information technology space. The big data and analytics industry is, according to Gartner, today valued at $40 billion globally and the market is forecasted to enjoy above average growth rates in the coming years, with the Internet-of-Things, multi-genre analytics, new data infrastructures and business models fuelling growth.
Big Data Partnership will join Teradata’s Think Big consulting practice, adding deep big data expertise to its portfolio of IT consulting services, which includes offerings such as IT advisory, agile delivery, systems implementation, software development and managed services. “Big Data Partnership brings exciting new capabilities to our consulting footprint and broadens our analytic services portfolio”, comments Rick Farnell, Senior Vice President at Teradata’s Think Big unit.
Looking ahead, Farnell says he sees fast-growing opportunities in the IT services market, particularly in the segment of hybrid platforms, cloud and systems integration. The bolt-on will be managed from the UK, with also Think Big operations in France, Germany, the Nordics, Switzerland and China expected to immediately benefit from the deal.
Commenting on the sale, Merritt-Holmes says, “We look forward to extending our expertise and services to help meet the growing demand for big data analytics services across the world and the global Teradata community.”