Cybersecurity and IT Services Provider Taps into B2B EDI Integration Solutions with Business Acquisition.
Corsica Technologies, a leading provider of cybersecurity and managed IT services, has added enterprise-scale B2B data integration expertise with the acquisition of Hughes Systems Group. The deal will give customers of both companies access to fully integrated managed services for cybersecurity, IT infrastructure, and B2B data integration. This will empower companies to pave the way for ongoing transformation such as AI adoption, process optimization, and new strategic initiatives that require robust data integration.
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Santa Barbara-based Hughes Systems Group has a twenty-year history of helping organizations design, deploy, and manage B2B EDI, and application-to-application data integration solutions to reduce costs and accelerate efficiencies. With unparalleled expertise in enterprise-scale data integration delivered as a managed service, Hughes Systems Group is ideally positioned to help Corsica’s current and future customers streamline their supply chains, automate their order-to-cash operations, develop a deeper breadth of integration expertise, and implement a long-term plan for successful data integration.
Corsica’s CEO Brian Harmison said, “We’ve been closely monitoring the needs of our client base, and we consistently hear about their challenges to interconnect and automate the exchange of data with customers and suppliers. Our clients are asking us to help them develop data integration solutions in the same way we solve their IT cloud infrastructure and cybersecurity needs. With this addition, we’ll be able to begin solving those data integration challenges immediately. Our team was impressed by Hughes Systems Group’s technical expertise and proven track record of creating long-term trusted relationships with their customers. The cultural fit between the two organizations was perfect.”
Hughes Systems Group CEO Pat Hughes added, “We are excited to join forces with the Corsica team and see a natural fit between our services and solutions and Corsica’s capabilities. When we started Hughes Systems Group, our focus was simple: Do work we truly love, for clients that we enjoy working with. Our commitment to developing long-term, trusted relationships with our clients has allowed us to make huge impacts on the companies and teams we work with. Seeing that same mindset within the Corsica team ensures we can continue to do more of what we truly enjoy doing: solving integration challenges and helping our clients gain a competitive advantage.”
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The technology managed services market continues to grow at a healthy rate of over ten percent compounded annually, as companies look to retrench, get back to basics, and focus on their core business while outsourcing various technology services, including cybersecurity, to subject matter experts. According to Market and Markets, the global data integration market is also expected to expand at a compound annual growth rate (CAGR) of 11.0% from 2021 to 2026, and these solutions are increasingly being offered in a host of managed services formats from IPaaS (integration platform as a service) to EDI managed services. More than ever, data integration represents a dynamic market opportunity for managed service providers. It completes a foundational technology stack when offered together with cybersecurity and other IT solutions.
The acquisition will give Corsica’s customers an intelligent on-ramp to data integration solutions that are fully integrated with their existing IT and cybersecurity services. This model should result in a lower cost of ownership for B2B EDI solutions and a robust data security posture. Hughes customers will have the opportunity to bring cybersecurity, IT services, and data integration solutions under one roof, leveraging the resulting economies of scale for greater cost savings, access to expert resources, and best-in-class cybersecurity.
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