Baker Tilly analyses which are the main ones mergers most important in the market for PaaS. But before that, the industry is explained. Platform as a Service (PaaS) is a cloud service. If a customer previously wanted to develop or host an application, it would have to have an infrastructure and a physical database (often disproportionately large), but with PaaS, the company can now ask a cloud service provider for the hardware and software tools needed to develop this product and the space to host the application.
Microsoft signed an agreement to acquire Cloudynan innovative company that helps enterprises and managed service providers optimise their investments in cloud services. As customers increase their use of cloud in many projects, it can be a challenge to gain visibility and understand the costs of existing projects, optimise those investments and project future usage.
That's why Microsoft acquired the company with the goal of empowering customers with the tools they need to navigate the cloud and gain strategic benefits, confidence and intelligence in the global cloud. Given that, Cloudyn provides enterprise customers with tools to identify, measure and analyse consumption, enable accountability and forecast future cloud spending.
OpenText acquired Cordys, a leader in the BPM market, providing a process-centric application development platform under a Platform as a Services model.
OpenText has acquired Cordys as it will enable it to offer the most robust case and process management platform in the business, so OpenText can now offer the broadest set of BPM technologies, including a cloud-native 100% BPM platform and PaaS solution, cloud orchestration, ESB integration, rules engine, business activity monitoring, social and mobile interfaces, and an application development environment, all from a single vendor and a single platform.