Global cloud hosting provider Rackspace Technology (NASDAQ: RXT) has signed an agreement to acquire Just Analytics. The acquired company provides cloud-based data, analytics, and artificial intelligence (AI) services. Just Analytics is based in the Asia Pacific and Japan region.
Founded in 2011, Just Analytics employs more than 100 people in Singapore, with satellite offices in Vietnam and India. Just Analytics uses its proprietary data platform, Guzzle, in conjunction with “new-age” cloud-based data and analytics services to assist clients design and build scalable data pipelines, offering clients a unified view of their information assets.
Furthermore, this acquisition would strengthen Rackspace’s Microsoft Azure ecosystem’s regional relationships, with Just Analytics recently receiving four regional Microsoft partner of the year honors. Financial terms of the acquisition were not disclosed by Rackspace.
Just Analytics’ data platform, which is available on Microsoft Azure Marketplace, automates the transportation and transformation of any volume, variety, and velocity of data from a range of sources to production data pipelines at scale. Guzzle is used by Just Analytics AI to facilitate the implementation of predictive capabilities solutions and business intelligence for business end-users to evaluate data from important business and operational processes.
“The acquisition of Just Analytics ties into our growing professional services focus and brings market-leading cloud-based data, analytics and AI capabilities that are in demand from our customers and prospects,” said Kevin Jones, Chief Executive Officer (CEO) at Rackspace Technology. “In addition, we will benefit from the company’s strong APJ regional ties, talented employee base, and natural evolution up the IT services stack. These benefits will provide a clear tie between our services and important customer business metrics.”
The Just Analytics Brand
Rackspace Technology says it will retain the Just Analytics name for the foreseeable future, since the firm has established a well-known and recognized brand among Microsoft Azure Data Analytics leaders and clients.
“By combining our capabilities with the Rackspace Technology global presence, resources, and scale, we can shift our focus to solely growing our existing business while Rackspace Technology integrates business functions to help us grow,” said Hemanta Banerjee, Founder and Chief Architect for Just Analytics. “Our companies share a similar culture by differentiating ourselves through Fanatical Experience extensive technical training and certifications combined with unsurpassed relationships with key partners based on our capabilities, culture, and execution for customers.”