Cloud4C Announces Strategic Investment in Shell ITES - An RP
HYDERABAD, India, Aug. 28, 2020 /PRNewswire/ -- Cloud4C, World's leading Cloud Managed Services Provider with presence in 26 countries and 52 locations globally has announced acquisition of a majority stake in Shell ITES Solutions Pvt. Ltd that specializes in Robotic Process Automation (RPA) in the field of Help Desk Automation, Automation for ERP, Automation of IT infrastructure and Social media automation.
Headquartered in Hyderabad, Shell ITES is a niche, exclusively RPA focused company that has automated 100+ business processes for enterprise customers across 30+ industry verticals including, healthcare, manufacturing, media, retail, IT as well as Government. The company, with its certified RPA engineers, delivers software robots in the field of help desk automation, business process automation on SAP and Oracle, IT infrastructure, custom built applications. Shell ITES provides end to end RPA solutions.
Cloud4C plans to help enterprises automate repetitive tasks, manual process through hyper automation - a combination of RPA, operational tools and artificial intelligence. Acquisition of Shell ITES enhance the existing automation and DevOps competencies of Cloud4C. The current environment, has accelerated enterprises' focus on digital transformation and automation. Shell ITES' expertise in automation of business processes of SAP across multiple businesses and sectors, will enhance in efficiently automating Cloud4C's whole gamut of existing SAP services. The combined expertise of Cloud4C and Shell ITES shall help in better delivery of cloud managed services, and superior customer experience through mature processes, robust governance and enable enterprises become digitally intelligent workplaces.
Sridhar Pinnapureddy, Founder and CEO, Cloud4C said, "It has been our endeavor to deliver end-to-end automation through hyper automation and help enterprises enhance productivity, enhance accuracy and quality, achieve compliance objectives, optimize cost, and achieve ROI. We are delighted to have invested in Shell ITES - It's a part of our strategic initiative to aid enterprises and Fortune 500 global multinationals achieve organizational transformation through hyper automation through a combination of RPA, operational processes such as process mining, process discovery, low code and artificial intelligence." He further added, "This strategic investment will also help enhance our shareholder value as the RPA market is poised to grow from an estimated $4 billion in 2020 to $10.4 billion by 2023."
Commenting on the acquisition, Srinath Achar, CEO, Shell ITES, said, "The demand for RPA related services has been growing at a tremendous pace across the world. In just a short span of time, Shell ITES, through its well-established parent organization 'Shell Networks & Solutions Pvt. Ltd', has been successful in acquiring prestigious clients across the country. A partnership with an established market leader like Cloud4C would only catalyze our efforts in acquiring and servicing more clients across the world. We are looking forward to an exciting journey ahead with the team at Cloud4C."
About Cloud4C Group
Cloud4C is the World's leading Cloud Managed Services provider and trusted advisor to 4,000 customers in 25 Countries and 50 locations including 60 of the Fortune 500 Global Multinationals. The company provides cloud (public, private, hybrid) and community cloud services (Banking Community Cloud, SAP Community Cloud), cloud migration on hyperscalers such as AWS, Microsoft Azure, Google Cloud, end to end intelligent cloud managed services, disaster recovery services, managed security services and helps businesses comply with stringent data sovereignty laws in respective countries.
The company plans to expand its geographical footprint to 80 countries and 160 locations worldwide in the next 36 to 48 months.
About Shell ITES Solutions
Headquartered in Hyderabad, Shell ITES Solution Private Limited started as the RPA division under Shell Networks and Solutions Ltd. - a 23 year old organization in the business of Network System Integration, one of the pioneers in the Indian System Integration industry. In addition to having over 300 clients across verticals, Shell Networks and Solutions Ltd. has received multiple awards from partners like Cisco, Commscope among others.
In 2018, the RPA division was added to the portfolio of services under the 'Shell ITES' banner, a separate company. With partners like UIPath and Automation Anywhere, the team has managed to service RPA related requirements for clients across industries like Government, FMCG, Telecom and others.
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