Indiqus Technologies, a leading provider of cloud business solutions for service providers and enterprises, has announced the acquisition of Dartboard Analytics, an analytics company providing data-driven insights into customer operations to grow customer revenue. In an all-stock deal, the Dartboard founders will join the IndiQus leadership team.
Dartboard is IndiQus’ second acquisition in the last two years. In April 2016, IndiQus had acquired shopping assistance start-up Amicus to add intelligence to their Infrastructure-as-a-Service (IaaS) catalog for enterprises and cloud service providers. With Dartboard’s acquisition, IndiQus enhances its product portfolio with the much-in-demand analytics solution for cloud platforms.
IndiQus also announced the launch of apiculus CSP, its Cloud Business Platform software enabling cloud service providers to sell ‘anything as a service’ (XaaS) and create a 360-degree customer engagement. The software is purpose-built for the needs of emerging markets with a modular and plugins-based architecture. apiculus CSP is already being used by a couple of large telecom companies as their primary Cloud business portal. Cloud services is a $200 Billion market globally as per Gartner.
Commenting on the acquisition, Sunando Bhattacharya, CEO at IndiQus said, “Being a bootstrapped and revenue-funded company, we have always looked at working with people who add significant value to our proposition. We started working with the Dartboard team on a partnership model initially, but quickly saw tremendous synergies and decided to acquire them. Not only does this acquisition provide a quantum jump to our product roadmap, but also fills some critical talent gaps in our team."
Kshitish Purohit, Founder of Dartboard said, “Dartboard started with the aim to break various data silos and give informational control to customer operations teams. For us, it made perfect sense to integrate our teams and products tightly to build a platform that integrates all facets of running a successful cloud business. With the merged setup, we now get to drive together with a converged vision for enterprise tech that goes much beyond software and into truly smart applications of technology.”
“We were lucky to have a large customer signed up even before we wrote the first line of code. In my opinion, building a product with a customer ensures market relevance and acceptability. While our current model is an on-premise software, we will soon be launching a SaaS version targeting small and medium MSPs, as well as enterprises with a multi-cloud strategy”, Sunando added.