ST Telemedia Moves Into DataOps With Majority Stake In CloudCover

In March, Technology investor ST Telemedia (STT) announced its acquisition of a majority stake in cloud service provider CloudCover. STT focuses on investments in media, infrastructure tech, data centers, and communications.

Nikhil Eapen says, “The addition of CloudCover to our portfolio is key, especially with CloudCover’s obsession on product, automation, and cloud-native technologies.”CloudCover takes us closer to our goal of building one of the world’s leading Cloud IT platforms to help governments and enterprises embrace digital innovation and the cloud. I look forward to welcoming CloudCover’s talented team to the broader STT family.”

CloudCover’s automation-driven approach helps companies like GCP, Azure, and Amazon Web Services get the most out of the cloud. The company enables its customers to go beyond traditional cloud services and migrations by also offering advanced:

• DataOps
• DevOps
• Data Engineering
• Cloud consulting

STT’s investment will expand its market presence and software development as it develops products that automate and enhance cloud management and data engineering operations.

See also: IBM Extends Scope of DataOps Portfolio

STT has made strategic investments in a variety of cloud-native service providers with complementary skill sets. These investments will allow the company to invest in AI-powered infrastructure providers that focus on big data, IT and cybersecurity.

Peter Wright, CEO of STT’s Cloud IT platform in Asia said, “In just a few years, CloudCover has built a strong enterprise customer base in Asia off the back of its world-leading cloud-native services, solutions and products. CloudCover is at the forefront of DevOps and DataOps deployments, helping customers to create significantly more productive development environments whilst at the same time managing risk and compliance of code into production. It is a pleasure to work with such technology visionaries as Vishal and Dhruv and their teams.”