SHI invests in data-to-cloud migration provider mLogica
Global IT solutions provider SHI International announced this week that it has made a strategic investment in mLogica, a developer of technologies for migrating on-premises databases and applications to the cloud.
SHI’s investment in mLogica gives the Somerset, NJ-based solutions provider a close relationship with a developer of very unique intellectual property, said Randy Barnhardt, vice president of cloud solutions and innovation from SHI.
“When we had preliminary discussions with the mLogica management team, we found that the directions of our two companies were the same,” Barnhardt told CRN. “It made sense to pursue a strategic alliance to help us work closely together for our clients. And that allows us to share a lot of IP (intellectual property) and sales efforts. “
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Barnhardt said SHI was not disclosing the terms of the deal or the percentage of mLogica’s equity included in the investment.
SHI is ranked # 11 on CRN’s 2020 Solution Provider 500 list.
With the agreement, SHI will have full access to mLogica technologies and will be authorized to provide services based on this technology alone or in partnership with mLogica.
mLogica has three focus areas that are of strategic importance to SHI, Barnhardt said. The first is an automated migration suite for quickly migrating databases and applications to the cloud. The second is mLogica’s MCAP big data and analytics platform for real-time data ingestion and processing. The third is mLogica’s managed services which integrate with SHI’s own managed services, he said.
Despite SHI’s investment in mLogica, mLogica is open to pursuing other distribution partnerships, while SHI will also work with other partners in the area of application and database migration, Barnhardt said.
“We don’t think mLogica will change his other relationships,” he said. “This is not what we are asking them to do. It just means that we are going to work more closely together.