Navisite

Navisite

Cloud migration and IT optimization services

About

Navisite helps businesses transition to and optimize their use of cloud technology, focusing on industries like healthcare and Software as a Service (SaaS) providers. Their services include cloud migration, data analytics, automation, and cybersecurity, which assist clients in moving their IT systems to the cloud for cost savings and improved efficiency. For instance, they have enabled companies to reduce infrastructure costs significantly. Navisite operates on a contractual basis, providing ongoing support and management of cloud environments, including advisory services for platforms like ServiceNow. Their unique approach lies in automating and optimizing business processes while enhancing security and delivering actionable insights through data analytics. The goal of Navisite is to help clients achieve greater efficiency and resiliency, maximizing the return on their IT investments.

Company Stage

IPO

Employees

1,001-5,000

Industries

Enterprise Software, Cybersecurity, Healthcare

Total Funding

$30M

Headquarters

Andover, Minnesota

Founded

1996


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Simplify's Take

What believers are saying

  • Navisite's cloud cost optimization service won the 2024 BIG Innovation Award.
  • Accenture's acquisition of Navisite enhances its digital transformation capabilities.
  • Navisite's recognition as a top managed service provider boosts its market credibility.

What critics are saying

  • The competitive landscape in cloud services is rapidly evolving and highly competitive.
  • Economic uncertainties may impact clients' IT spending and modernization projects.
  • Cybersecurity threats continue to grow, posing risks to cloud service providers.

What makes Navisite unique

  • Navisite offers a comprehensive suite of cloud and IT modernization services.
  • The company specializes in serving healthcare, life sciences, and ISVs with SaaS offerings.
  • Navisite's managed services agreements provide continuous support and optimization for clients.

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Growth & Insights
Headcount

6 month growth

9%

1 year growth

9%

2 year growth

9%

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