Navisite Company Profile

Background

Founded in 1996, Navisite has established itself as a leading provider of digital transformation and managed services, catering primarily to mid-market and smaller enterprise companies. The company's mission is to empower businesses to modernize their IT infrastructures, enhance agility, and drive growth through comprehensive cloud, enterprise application, data management, intelligent automation, and cybersecurity solutions. In January 2024, Navisite was acquired by Accenture, further strengthening its capabilities to assist clients in modernizing their IT for the AI era.

Key Strategic Focus

Navisite's strategic focus encompasses:

Cloud Services: Offering migration, management, and optimization across public, private, and hybrid cloud environments.

Enterprise Applications: Providing advisory, implementation, and management services for platforms such as SAP, Oracle, Salesforce, Microsoft, Infor, ServiceNow, and Stripe.

Data Management and Analytics: Delivering business intelligence, reporting, advanced analytics, and data integration services.

Intelligent Automation: Implementing AI, machine learning, robotic process automation (RPA), blockchain, and IoT solutions.

Cybersecurity: Offering virtual CISO services, assessments, 24/7 monitoring, detection, remediation, and ongoing governance.

These services are tailored to industries including manufacturing, life sciences, healthcare, and independent software vendors (ISVs)/SaaS providers.

Financials and Funding

Navisite has undergone several funding rounds and acquisitions:

Acquisitions:

EightCloud (November 2021): A consulting firm specializing in Salesforce implementation and advisory services.

Velocity Technology Solutions (January 2021): An IT services firm providing cloud-based migration, disaster recovery, and application management solutions.

Dickinson & Associates (November 2020): An SAP consulting firm offering ERP, cloud migration, and business analytics solutions.

Privo (June 2020): An AWS consulting firm providing data management and account optimization solutions.

These strategic acquisitions have expanded Navisite's service offerings and market reach.

Technological Platform and Innovation

Navisite distinguishes itself through:

Proprietary Technologies: Implementing advanced cloud management platforms and automation tools to streamline operations and enhance service delivery.

Scientific Methodologies: Utilizing machine learning algorithms and AI-driven analytics to provide actionable insights and optimize client operations.

AI-Driven Capabilities: Integrating AI and machine learning into service offerings to drive innovation and efficiency.

Leadership Team

Mark Clayman: Chief Executive Officer

Gina Murphy: President & Chief Transformation Officer

Peter Salamanca: Chief Operating Officer

Aaron Boissonnault: Chief Information Security Officer

Jeffrey Nachbor: Chief Financial Officer

Leadership Changes

In January 2024, Navisite was acquired by Accenture, leading to integration with Accenture's Infrastructure Engineering practice.

Competitor Profile

Market Insights and Dynamics

The digital transformation and managed services market is experiencing significant growth, driven by increasing adoption of cloud technologies, the need for data-driven decision-making, and the demand for enhanced cybersecurity measures.

Competitor Analysis

Key competitors include:

NWN Carousel: Provides cloud communications services.

TierPoint: Offers IT and data center solutions.

Cirrus Networks: An IT services provider.

VMware: Specializes in cloud computing and virtualization technology services.

Nutanix: Focuses on cloud software development.

Lumen Technologies: Provides networking, edge cloud, and cybersecurity services.

Equinix: Focused on digital infrastructure solutions.

Strategic Collaborations and Partnerships

Navisite has established strategic partnerships with leading cloud providers, including AWS, Microsoft Azure, Google Cloud, and Oracle Cloud, enabling the delivery of comprehensive, platform-agnostic solutions tailored to client needs.

Operational Insights

Navisite's integration with Accenture enhances its ability to deliver end-to-end digital transformation services, leveraging Accenture's global resources and expertise to provide scalable and innovative solutions.

Strategic Opportunities and Future Directions

As part of Accenture, Navisite is well-positioned to capitalize on emerging technologies such as AI, machine learning, and advanced analytics, offering clients cutting-edge solutions to navigate the complexities of digital transformation.