Appirio Cloud Services and Financial Performance

Appirio's cloud services have helped numerous businesses improve their financial performance by automating manual processes and reducing costs.

Appirio's cloud services have been used by over 1,000 companies worldwide, including top brands such as Home Depot and Sony, to improve their financial performance.

By leveraging Appirio's cloud services, companies can reduce their IT costs by up to 50%.

Appirio's cloud services also enable businesses to make data-driven decisions by providing real-time financial insights.

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Appirio is a company that helps businesses work more efficiently by providing cloud-based services.

Founded in 2006, Appirio has been around for over 15 years, giving them ample time to develop their expertise in cloud-based services.

Their headquarters is located in San Francisco, California, and they have offices in other locations around the world.

Appirio is known for its ability to connect with other companies' systems, making it easier for businesses to work together.

They have a strong focus on customer satisfaction, with a dedicated support team available to help with any issues that may arise.

Appirio's services are designed to be flexible and scalable, allowing businesses to grow and adapt as needed.

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Appirio has a significant track record of fundraising, with a total of $116M raised across 8 rounds. Its first funding round was in 2008.

Appirio's latest funding round was a Series E round on April 16, 2015, which brought in $35M. This round was led by a single investor, Fidelity Investments.

The company has a diverse group of institutional investors, with 10 investors in total. Some of its notable investors include General Atlantic, GGV Capital, and Fidelity Investments.

Here's a breakdown of Appirio's funding rounds:

Appirio has had multiple Series D funding rounds, with the first one in 2012 bringing in $60M.

Appirio has been acquired by Wipro for a purchase consideration of USD 500 Million. This acquisition will create one of the world's largest cloud transformation practices, a game changer in today's as-a-service and digital economy.

Appirio's competitors include global system integrators such as Accenture and Deloitte, as well as other firms like Acumen Solutions, Bluewolf, and Cloud Sherpas. These companies are also major players in the market for cloud computing solutions.

Here are some of Appirio's competitors and their overall ranks:

Appirio's acquisition by Wipro will also bring in Topcoder, a leading crowdsourcing marketplace connecting over a million designers, developers, and data scientists around the world with customers.

Wipro announced that it has signed a definitive agreement to acquire Appirio, a global cloud services company, for a purchase consideration of USD 500 Million.

Appirio is headquartered in Indianapolis and has offices in San Francisco, Dublin, London, Jaipur, and Tokyo, with 1250 employees worldwide.

The acquisition will create one of the world's largest cloud transformation practices, a game changer in today's as-a-service and digital economy.

Appirio is a trusted partner to some of the world's leading brands, including Stryker, Robert Half, Johnson Controls, Cardinal Health, Coca-Cola, eBay, Facebook, Home Depot, and Sony PlayStation.

The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be closed in the quarter ending December 31, 2016.

Here is a list of Appirio's previous acquisitions:

Appirio also brings to Wipro, Topcoder, a leading crowdsourcing marketplace connecting over a million designers, developers and data scientists around the world with customers.

Wipro will consolidate its existing cloud applications practices of Salesforce and Workday under the Appirio brand and structure.

Chris Barbin, Chief Executive Officer of Appirio, will lead the expanded business.

The merger will also unlock transformation synergies in the applications space and help enterprises create new business models.

The buyout will also enable Wipro to expand its global scale and digital focus with Appirio's transformative worker and customer experience expertise.

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Appirio faced stiff competition in the market for cloud computing solutions, ranking alongside firms like Acumen Solutions, which was acquired by Salesforce.

One of Appirio's primary competitors was Accenture, a global system integrator with a public listing in Dublin, Ireland. Accenture's IT and management consultancy services made it a formidable opponent in the market.

Appirio also competed with other global system integrators, including Deloitte, which was not mentioned in the provided article section facts but is a well-known player in the industry.

Here's a list of Appirio's competitors and their overall ranks:

Appirio's competitors had varying levels of funding, with some, like UST1998, receiving $250 million in funding, while others, like Datamatics, received a mere $3 million.

Appirio has some notable competitors in the market. UST1998, a company from Aliso Viejo, United States, is ranked as the number one competitor with $250 million in total funding.

UST1998 provides data analytics, cloud modernization, management strategy, and digital transformation services. Accenture, a public company from Dublin, Ireland, is ranked as the second competitor. It offers IT and management consultancy services.

Accenture has a strong track record, but its total funding is not publicly disclosed. Happiest Minds, a public company from Bengaluru, India, is ranked as the third competitor. It provides IT suite services and has received $64.8 million in total funding.

Here's a list of the top 5 competitors:

These competitors offer a range of services, including IT consulting, data analytics, and cloud modernization. Appirio's primary competitors are global system integrators such as Accenture and Deloitte.

For more insights, see: Gartner Group Competitors

As I reflect on the story of Appirio, I'm struck by the company's humble beginnings as a small consulting firm in 2006.

Appirio's founders, Chris Barbin and Ed Albanese, were driven by a vision to help companies like Dell and PepsiCo streamline their IT operations.

Their innovative approach to cloud-based services quickly gained traction, and by 2008, Appirio had already secured a $5 million investment from a prominent venture capital firm.

This influx of capital enabled Appirio to expand its operations and take on more complex projects, such as the one with PepsiCo, which involved migrating over 10,000 employees to the cloud.

Appirio's expertise in cloud migration and management helped PepsiCo achieve significant cost savings and improved efficiency.

The company's success with PepsiCo caught the attention of other major brands, including Dell and Coca-Cola, who also partnered with Appirio to transform their IT operations.

By 2011, Appirio had grown to over 1,000 employees and had established itself as a leading cloud services company.

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