Technology Money

Steria Group acquires cloud consultancy firm Beamap

18 Mar, 2014

Groupe Steria SCA, a multi-national ITeS company with an office in India, has acquired Paris-based Beamap, an IT transformation and consultancy firm specialising in cloud computing. The acquisition will allow both the companies to offer their clients skills across the entire lifecycle of cloud projects, Steria said in a press release. The buyout forms part of Steria's investment strategy for the cloud.

"This buyout is a terrific opportunity for our companies to stimulate growth in our respective business lines and gain an even stronger foothold in cloud computing. The many complementary facets of Steria and Beamap, in terms of both offerings and clients, will enable us to deliver even better services to our clients in consultancy, project management – and the rollout of their cloud projects," said Steria Group CEO François Enaud.

Founded in 1969, Steria delivers IT-enabled business services to private and public sector organisations across the globe. The firm has 20,000 employees across 16 countries. Steria has offices in Europe, India, North Africa and Southeast Asia. In 2013, the firm posted revenues of $2.43 billion.

Beamap works with organisations to ensure successful transitions to cloud computing. Its clients include Alstom, Axa, BNP Paribas, GDF Suez, SNCF, Société Générale, Thalès and Total. "This is a big boost for Beamap and the team of consultants. Working alongside Steria France opens up the prospect of many more exciting cloud projects for us. We will also be expanding our presence internationally," said Beamap founder Patrick Joubert.

(Edited by Joby Puthuparampil Johnson)