iLink Systems acquires Thinking Hut to strengthen its IoT and Digital Transformation portfolio
Manufacturing, Banking, Bothell WA, Jan 08, 2019:
Tie-ups and acquisitions bring with them synergetic drive and corporate identity.
iLink Systems, a global Software Solution Provider and Systems Integrator with a presence in the US, India, Middle-East and Southeast Asia, has announced its acquisition of Thinking Hut IT Solutions Pvt. Ltd., an India based IoT solution provider advised by SA Global Advisors.
Established in 2010, Thinking Hut caters to markets in the US, Australia and India offering solutions around IoT, Digital Transformation, Mobility, Product Engineering and Testing to customers across key verticals like Manufacturing, Banking, Retail and Healthcare.
As part of this transaction, Thinking Hut will retain its distinct identity and continue to serve its existing customers, who would now have access to a broader portfolio of products and solutions which iLink offers.
“Many of our customers are moving from legacy, on-premise applications to cloud-based predictive analytics platforms. More than 90% of companies surveyed believe that IoT will have a significant impact over the next 3 years and close to 50% plan to collect/process data close to the point of creation.”
“Thinking Hut is a natural fit with iLink as we both share the passion for solving complex customer problems in the IoT space and cloud. Their portfolio will help us expand our technology reach, enable us to accelerate in the IoT, Cloud and Digital space, and increase iLink’s customer footprint and geographic reach,” said Sree Balaji, CEO of iLink Systems, Inc.
“It is an all-around win for Thinking Hut to join the iLink family. The strategic fit and value for both businesses will come from the global scale that iLink brings to our customers and exciting new solutions we can offer to a broader market. This will further enhance our role as a trusted partner, in helping customers accelerate their IoT and Digital Transformation journey and expand our presence. We are helping customers validate IoT business cases through quick PoCs using our home-grown platform before organizations make bigger long-term investments. Companies are already collecting data, which we can help validate and derive meaningful inferences/insights through analytics & machine learning,” said Uday Bhaskarwar, CEO and founder of Thinking Hut.
“A lot of cornerstone growth is happening in the IoT space worldwide, which makes this business combination very timely. As the deal volumes go up this year, the use cases and investments for IoT within enterprises are expanding rapidly.”
“The Internet of Things represents another evolution in data collection and analytics and presents exciting opportunities for growth through digital transformation added Pravin Advani, Managing Partner at SA Global Advisors who continues to see an increase in the global spend across IoT business.”
About iLink Systems:
iLink headquartered in Bothell, Washington is a Microsoft managed Gold Level Platform, Productivity and Licensing Partner with ISO 9001 and CMMI Level 3 certifications. As a Global Software Solution Provider and Systems Integrator, iLink delivers next-generation technology solutions to help clients solve complex business challenges, increase business productivity, realize sustainable enterprise value and transform their businesses inside-out. Its solutions are used in a broad range of industries and functions, including healthcare, telecom, government, oil and gas, education, public sector, and life sciences. iLink has been a consistent recipient of Microsoft Partner of the year awards. iLink has offices in Fairfax, VA; Houston, TX; Atlanta, GA, Los Angeles, CA; Chennai, Pune, Trichy, Noida – India, Malaysia, and the Middle East.
To learn more please visit https://www.ilink-systems.com/
About Thinking Hut:
Thinking Hut(TH) headquartered in Pune, was founded by ex-Infosys executives. Thinking Hut provides software and IT-enabled services & solutions with special focus on IoT. With a rich and varied experience in providing offshore software development, strong project management capabilities and stringent quality standards, TH develops solutions that give businesses an edge over competitors. TH specializes in outsourced product development, IIoT, mobile apps development, software testing, and cloud computing.