Symbio acquires cloud expert Ethos Technologies
Symbio, a leading provider of research and development innovation services and outsourced product development solutions, announced that it has entered into a definitive agreement to acquire Beijing-based Ethos Technologies, a leader in the consulting and research and development services space for social software and cloud computing.
The acquisition strengthens Symbio’s ability to provide advanced product design and engineering co-creation services to global technology market leaders.
Adding Cloud Computing, Enterprise and Social Collaboration Expertise
Founded in 2005, Ethos Technologies has built a range of solutions on various social cloud platforms in industries such as retail, media and entertainment. Ethos was one of the first companies to develop a commercialized solution on the Windows Azure platform and has been widely recognized as the leading R&D service partner for Azure in China.
The acquisition of Ethos also adds significant expertise for Symbio in other areas such as Amazon EC2, Google AppEngine, Drupal and Microsoft Dynamics. Through this acquisition, Symbio can now offer a one-stop solution to create advanced cloud applications and services which support all major mobile platforms, such as Windows Phone, iOS, Android, webOS, ensuring fully optimized user experiences across any Internet-enabled device.
“Symbio acquired Ethos Technologies for its success and cutting-edge engineering competencies in social and cloud computing solutions,” Jacob Hsu, CEO of Symbio, said. “With this acquisition, Symbio furthers its strategy of delivering innovation co-creation solutions focused around ubiquitous computing with mobile cloud services.”
Olav Nedrelid, CEO of Ethos, added, “We are delighted to join Symbio, the global leader in innovation and R&D services. With this union, we can bring Ethos’ established offerings and solutions to a much wider audience, perfectly complementing Symbio’s strong leadership in mobile and device technologies. Cloud + Mobile + Device are the key ingredients in the ‘consumerization of enterprise IT’, and we can now really help innovators around the world drive this exciting trend forward.”
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Symbio, a leading software foundry, provides software product engineering and R&D co-creation services to the world’s technology innovators. Symbio specializes in feature-rich software products for companies embracing the digital convergence transformation in communications and technology.
World-leading companies like China Mobile, IBM, PayPal, Microsoft and Nokia already rely on Symbio for faster, innovative, and highly cost-effective technology outsourcing.
About Ethos Technologies
Ethos Technologies offers clients a range of enterprise solutions built on social cloud platforms based on Microsoft and open source technologies, enabling them to unlock the huge potential of cloud computing.
Ethos has the first and only Microsoft Azure Most Valuable Professionals (MVP) in China, and has been featured in events such as the keynote at Microsoft’s 2010 TechEd Beijing
Edited by Kevin Scarpati
Will Public Procurement Budgets Increase in 2021?
Procurement is more than just a private enterprise. COVID-19 reminded us that sourcing materials is an essential part of the government’s role. Throughout 2022, tiny departments sourced massive amounts of personal protective equipment (PPE), medical supplies, and emergency vaccines and testing kits. Even non-procurement professionals were pulled into the fray, as frantic timelines demanded nothing less.
According to Celeste Frye, co-founder and CEO of Public Works Partners, the crisis brought procurement to the attention of skilled employees who had never considered it. As non-procurement personnel stepped up to help their coworkers, many found that they’d stumbled upon a critical and rewarding job. “Existing public employees have seen the essential nature of the work”, Frye said. “[They’ve] gained some critical skills and possibly [grown] interested in pursuing procurement as a longer-term career”.
Small, Local Suppliers Take Charge
Frye, whose firm helps organisations engage stakeholders and develop long-term procurement strategies, thinks it well worth the effort to open one’s mind to new opportunities. Cooperative contracts, for instance, can help public departments and municipalities save money, time, and effort. By joining together with other towns or cities in the region, public procurement teams aggregate their purchasing power and can drive better deals.
These cooperative contracts have the added benefit of advancing equity. Smaller suppliers that struggle to compete with established firms for government contracts can act as subcontractors, helping big suppliers fulfil bits of the project. Once they get their foot in the door, small, local, and disadvantaged suppliers can then leverage that government relationship to take on additional projects.
Especially as governments start to pay attention to procurement resilience, public procurement departments must expand their requests for proposals (RFPs) to take into account innovative solutions and diverse suppliers. According to Frye, Public Works Partners—a certified female-owned firm—has benefitted from local and state requirements that specify diversity.
Post-Pandemic Funding Swells Procurement Budgets
And the pandemic won’t be the end of it. City governments need to build sustainable energy infrastructure such as solar panels, charging stations, and recycling plants, ensure that masks and medicines are never in short supply, and source new technologies to keep up with cloud and cybersecurity concerns.
Public procurement budgets will likely increase to match demand. As Peter Ware, Partner and Head of Government at Browne Jacobson, explained, “in a non-pandemic world, the [U.K.] government spends on average around £290 billion on outsourced services, goods, and works...anywhere between 10% and 14% of Gross Domestic Product (GDP). Post-pandemic, city procurement will only increase as national governments provide local divisions with emergency funding.
And in truth, government employees might jump at the opportunity. Frye noted that public procurement could give immediate feedback on new programmes: “[Procurement] is where new laws and policies ‘hit the road’ and are implemented”, she said. “Professionals in these fields get the satisfaction of creating real change and seeing quantifiable outcomes of their work”.