Global technology consultancy Thoughtworks has announced its acquisition of Itoc, an Amazon Web Services (AWS) advanced consulting partner and cloud-managed services provider in Australia.
The purchase will provide clients in Australia, New Zealand and the broader Asia Pacific region with a broader range of capabilities and enable Itoc to bring their cloud expertise to a greater scale of global enterprises.
The acquisition also broadens Thoughtworks’ capacity to modernise and put digital at the centre of business for clients embarking on cloud migrations.
One of the first AWS partners in the Asia Pacific, Itoc provides a comprehensive range of consulting and installation services on AWS with more than 100 certifications, including security and Software as a Service (SaaS).
“I am excited about making this acquisition happen with the highly talented team at Itoc who have accelerated hundreds of clients’ digital transformations through the creative and optimum use of their IT infrastructure on a highly-flexible AWS cloud platform,” said Guo Xiao, president and CEO of Thoughtworks.
Meanwhile, Richard Steven and Trent Haag, co-leaders of Itoc, said they are thrilled to blend Itoc’s and Thoughtworks’ progressive work cultures, principles, and pioneering spirit to speed up clients’ paths to innovation.
Founded in 2012, Itoc has about 70 employees who have worked with established companies and digital natives across multiple industries, such as Comestri, Frollo, Judobank and MyTreasur-e, on their cloud migrations.
Itoc was also recognised as AWS’ 2021 consulting partner of the year in Australia for its deep expertise with AWS services to develop new products, rethink business models and drive extraordinary solutions for clients.
Financial details of the acquisition were not disclosed.
