Navisite

Navisite

Cloud migration and IT optimization services

About Navisite

Simplify's Rating
Why Navisite is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Healthcare

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$30M

Headquarters

Andover, Minnesota

Founded

1996

Overview

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.

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Simplify's Take

What believers are saying

  • Growing demand for cloud cost optimization boosts Navisite's market potential.
  • Rising interest in intelligent automation enhances Navisite's service offerings.
  • Increased focus on data intelligence drives demand for Navisite's analytics services.

What critics are saying

  • Accenture acquisition may disrupt Navisite's business model and client relationships.
  • Increased competition in cloud cost optimization could impact Navisite's market share.
  • Resource allocation to Steminist program may affect Navisite's financial performance.

What makes Navisite unique

  • Navisite offers comprehensive cloud migration and optimization services for diverse industries.
  • The company provides award-winning cloud cost optimization services, enhancing client savings.
  • Navisite's Steminist scholarship program supports women in STEM, promoting diversity in tech.

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Funding

Total Funding

$30M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Company News

Navisite
Dec 20th, 2024
Navigating the Future: Key Data Analytics Strategies for 2025

To help businesses prepare for 2025 and beyond, NaviSite Europe Ltd. launched its predictions blog series earlier this month.

PR Newswire
Mar 12th, 2024
Navisite Announces Winners Of Second Annual Steminist Scholarship Program In India Supporting Young Women In Stem Usa - English

Three winners will each receive 1,00,000 INR to put towards their university education in STEMGURUGRAM, India, March 12, 2024 /PRNewswire/ -- Navisite, part of Accenture, today announced the three winners of its second annual Navisite's Next Steminist scholarship program in India. The program is designed to help close the gender gap in technology and encourage young women to pursue their dreams in STEM (science, technology, engineering, and math). The three winners are Nisha Khati from Bengaluru, Karnataka; Anchal Mourya from Prayagraj, Uttar Pradesh; and Bhanu Yadavalli from Khammam, Telangana. Each winner will receive 1,00,000 INR to put towards their university education in STEM."We're thrilled to recognize these accomplished and deserving young women in our second annual Steminist India scholarship program," said Tejal Munagekar, managing director of Navisite India, part of Accenture. "It is our honor to be able to support their educational goals with financial assistance as they embark on their journeys and work to achieve their career aspirations in STEM."Since Navisite's Steminist scholarship program launched in the U.S. in 2021, the company has awarded nearly $100,000 in scholarships

MarTech 360
Jan 17th, 2024
Navisite Cloud Cost Optimization Service Wins 2024 BIG Innovation Award

Navisite Cloud Cost Optimization Service wins 2024 BIG Innovation Award.

Business Wire
Jan 11th, 2024
 Accenture to Acquire Navisite to Help Clients Modernize and Reinvent Their Businesses with Cloud

Accenture has entered into an agreement to acquire Navisite, a digital transformation and managed services provider.

CIO First
Jan 5th, 2024
Navisite Hires Vice President of SAP Professional Services.

Navisite announced the appointment of Nate Palmer as vice president of SAP professional services.

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