IBM recently announced the acquisition of Viacore, Inc., a leading provider of business process solutions for real-time supply chain visibility. The acquisition expands IBM's capabilities in the $23.5 billion market for supply chain optimization and management services. The deal is another example of IBM's aggressive move into higher growth, higher value consulting markets where clients look to IBM to transform and manage key business processes such as procurement and supply chain functions.
More than $3 trillion a year is spent on supply chains, and that figure is climbing at a rate of 10 percent a year according to industry analysts. The costs, complexity and strategic importance of this critical business area is forcing companies to look much more seriously at how to best manage these functions.
In order to meet this growing need, IBM recently established a dedicated BTO Supply Chain practice based on its own internal transformation. This group includes business consulting experts in procurement and logistics strategy and planning, as well as new IBM analytics technologies that are being used with clients like NiSource and The Gap.
IBM provides BTO and consulting services to many of the worlds leading organizations, and over the last four years has made a number of strategic acquisitions and investments to expand and strengthen its capabilities, including the acquisitions of PwC Consulting, Daksh eServices, Liberty Insurance Services Corp., Maersk Data, Key MRO, Equitant and Healthlink.