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Onica

From EverybodyWiki Bios & Wiki


Onica
File:Onica.png
Onica's Logo
Onica Group LLC
Formerly
K-Micro Inc., CorpInfo
Privately held company
ISIN🆔
IndustryCloud computing
FateAcquired by Rackspace
Founded 📆2014
Founder 👔Stephen Garden, Ahmad Gramain
Headquarters 🏙️1618 Stanford Street Santa Monica, California 90404,
Santa Monica, California
,
United States
Number of locations
12[1]
Area served 🗺️
Worldwide
Key people
Stephen Garden (Former CEO), Giridhar Premsingh (CFO), Tolga Tarhan (CTO)
ServicesCloud operations, AI and machine learning, data & analytics, cloud application development, IoT devices
Revenue🤑 $100 - $500 million[2]
Members
Number of employees
350
ParentRackspace
SubsidiariesSturdy Networks LLC, NetBrains Inc., TriNimbus Technologies Inc.
🌐 Websiteonica.com
📇 Address
📞 telephone

Onica (Also known as K-Micro Inc.) is an IT consulting company and a subsidiary of Rackspace. They are a premier consulting partner in the Amazon Web Services Partner Network. Onica helps build new revenue streams, increase efficiency and solve transformative cloud projects.[3] The company is based and headquartered in Santa Monica, California. It was founded by Stephen Garden and Ahmad in 2014. The company is backed by investment fund, Sunstone Partners. The company was formed through IT solutions company, CorpInfo. They brought on Stephen Garden as CEO due to his past working position at CorpInfo.[4]

Some of Onica's competitors and alternatives are corporate giants such as Salesforce, PayTM, Baidu, PWC, Blackberry, Sprint, Texas Instruments Inc. and Reliance Jio.[5]

History[edit]

Onica was founded by Stephen Garden and Ahmad Gramian in 2014. Garden was partner at technology firm, CorpInfo. Gramain was a supporter of The UCLA Herb Alpert School of Music. Gramain was presumed dead in 2018.[6][7]

Corporate Round of Funding[edit]

On October 31, 2017, Onica announced a $20 million growth equity investment from private equity firm, Sunstone Partners. “There is no bigger transformation in IT today than the shift within the enterprise from private data centers to the use of public cloud infrastructure,” said Mike Biggee, Co-Founder and Managing Director at Sunstone Partners. “We are excited to partner with the Onica team to help guide customers through this massive change. Onica has built deep intellectual property and know-how around automating the migration and management of complex workloads in the cloud, enabling enterprise customers to achieve new levels of operational value and productivity while reducing IT infrastructure costs.”[8]

Sturdy Networks and NetBrains Acquisition[edit]

On December 12, 2017, Onica acquired Sturdy Networks and NetBrains. “We have long held Sturdy and NetBrains in high regard due to their forward-thinking technical strength,” said Stephen Garden, CEO of Onica, which recently spun out of CorpInfo with a $20 million growth equity investment. “Coming together with Sturdy and NetBrains allows us to support customers with a broader set of capabilities, fully capitalizing on AWS innovation to transform their businesses using the cloud.”[9]

TriNimbus Technologies Inc. Acquistion[edit]

On August 27th, 2018, Onica announced that they would acquire TriNimbus Technologies Inc., a DevOps specialist and Canada's first Premier Consulting Partner in the Amazon Web Services (AWS) Partner Network (APN).[10]

Rackspace Acquisition[edit]

On November 5, 2019, Rackspace announced that they would purchase Onica for $323.4 million.[11] Rackspace's CEO, Kevin M. Jones, issued a statement talking about why Rackspace wanted to purchase Onica, “As a cloud pioneer, Onica has established itself as one of the largest pure-play AWS consultancies, with an unmatched reputation for true capability leadership with AWS and customers,” Jones said. “This acquisition will strengthen our ability to meet all of our customer needs on AWS, and together, we will have the most complete set of professional services and managed service capabilities in the industry.”[12] The deal was completed on December 3, 2019.[13] Rackspace decided that Onica will operate as a separate business unit in Rackspace's Americas sales organization.[14]

IoTanium by Onica[edit]

Onica announced the launch of IoTanium, an Internet of Things (IoT) solution that is powered by Amazon Web Services, Inc. IoTanium is designed to facilitate the rapid development and deployment of IoT applications. The solution was built on the categories of services, IoTanium Reference Hardware, IoTanium Platform and IoTanium Analytics. IoTanium Reference Hardware includes pre-integrated power and battery management, bootstrapping, provisioning, firmware updates, and connectivity via LTE and Wi-Fi. IoTanium Platform is built entirely on AWS and pulls together 11 different AWS services including AWS IoT Core, AWS Greengrass, Amazon DynamoDB, AWS Lambda, and Amazon Kinesis. The platform was built to manage data ingestion, storage and analytics, and uses entirely serverless offerings from AWS. IoTanium Analytics leverages AWS IoT Analytics, Amazon Elastic MapReduce (Amazon EMR), Amazon SageMaker, and Onica’s Data Science Workbench to bring analytics and machine learning to IoT data.[15]

Awards[edit]

Onica has received several awards including:[16]

Awards received by Onica
Inc. Magazine’s 2020 Best Workplaces[17]
CRN’s 2020 Solution Provider 500 List[18]
Solutions Review’s 21 Best AWS Managed Service Providers for 2020 List[19]
CRN’s 2020 MSP 500 List[20]
2019 Best and Brightest Companies to Work For In The Nation List[21]
LA Business Journal’s 100 Fastest Growing Private Companies 2019 List[22]
Inc. Magazine’s 2019 Best Workplaces[23]
2019 Tech Elite Solution Providers by CRN®[24]
#5 on the Los Angeles Business Journal’s Best Places to Work List[25]

Executive leadership[edit]

Onica's former executive leadership team includes Stephen Garden (Former CEO, current SVP of Rackspace[26]), Tolga Tarhan (Former CTO, current CTO of Rackspace[27]), Giridhar Premsingh (Former CFO, current CFO of DoiT International[28]).[29]

Stephen Garden[edit]

Stephen Garden is the former Chief Executive Officer of Onica. Prior to Onica, he was a partner at IT solutions company, CorpInfo. After CorpInfo decided to launch Onica, they brought on Stephen as CEO. Garden has held past positions at Verizon and Fujitsu. He is the current Senior Vice President of Rackspace. Garden has degrees from London Business School, UC Berkley and University of Brighton.[26]

Giridhar Premsingh[edit]

Giridhar Premsingh is the former Chief Financial Officer of Onica. Prior to Onica, he was the CFO of Hitachi acquired cloud computing firm, REAN Cloud. Premsingh joined the company in 2018 and left in 2020 after the Rackspace Acquisition. He is now the current Global Chief Financial Officer of DoIT International. Premsingh has degrees from CFA Institute, The Institute of Company Secretaries of India, The Institute of Chartered Accountants of India and Institute of Cost and Works Accountants of India.[28]

Tolga Tarhan[edit]

Tolga Tarhan is the former Chief Technology Officer of Onica. Prior to Onica, he was the CEO of Sturdy Networks LLC, an Onica company. Tarhan joined the company in 2017 and left in 2020 after the Rackspace Acquisition. He is the current Chief Technology Officer of Rackspace. Garden has degrees from Pepperdine University.[27]

Board of Directors[edit]

Onica's former board of directors sits Mike Biggee (Member of the Board), Jeff Rich (Chairman of the Board) and Arneek Multani (Member of the Board).[30]

Mike Biggee[edit]

Mike Biggee is a former member of Onica's board of directors. He is the Co-Founder and Managing Partner of Sunstone Partners.[31]

Jeff Rich[edit]

Jeff Rich is the former chairman of Onica's board of directors. He is the Managing Director of PlumTree Partners and the former CEO of ACS.[32]

Arneek Multani[edit]

Arneek Multani is a former member of Onica's board of directors. He is a Managing Director of Sunstone Partners.[33]

Subsidiaries[edit]

As of September 2020, Onica currently has 3 subsidiaries -- Sturdy Network LLC, NetBrains Inc. and TriNimbus Technologies Inc. All three deal's were acquired for an undisclosed sum.

Date Company Business Country Value (USD) References
December 12th, 2017 Sturdy Networks LLC and NetBrains Inc. Cloud computing, consulting USA - [34]
August 27th, 2018 TriNimbus Technologies Inc. Cloud computing USA - [35]

Sturdy Networks LLC and NetBrains Inc.[edit]

On December 12th, 2017, Onica announced that they would acquire Sturdy and NetBrains for an undisclosed sum in a joint-acquisition. NetBrains was founded in 2009 with a focus on developing product-based software. When Sturdy Networks was acquired by Onica, executive team at Sturdy joined Onica which each of them taking on senior roles in the company. Sturdy Networks CEO, Tolga Tarhan, joined Onica as Chief Technology Officer until 2020.[36]

TriNimbus Technologies Inc.[edit]

On August 27th, 2018, Onica announced that they would acquire Vancouver based DevOps specialist, TriNimbus Technologies Inc., for an undisclosed sum. Onica CEO, Stephen Garden, offered his perspective on the acquisition, “This is a defining moment for Onica. The acquisition of TriNimbus demonstrates an ongoing commitment to our relationship with AWS and confidence in its competitive position. The fit with TriNimbus is natural as both companies are aligned in so many ways. Plus, we collectively believe in the concept of mastery, and with AWS able to support any workload, there are a wealth of solutions we can enable for our customers.”[37]

References[edit]

  1. ↑ https://onica.com/contact/
  2. ↑ https://incfact.com/company/onicagroup-santamonica-ca/
  3. ↑ Inc, Rackspace Technology (2020-08-18). "Onica, a Rackspace Technology Company, Introduces Contact Center Intelligence Solution Built on Amazon Web Services". GlobeNewswire News Room. Retrieved 2020-09-02.
  4. ↑ "CorpInfo Launches Onica to Fuel Growth of AWS Solutions". Onica. Retrieved 2020-09-04.
  5. ↑ "Onica Alternatives & Competitors | G2". G2. Retrieved 2020-09-04.
  6. ↑ "Onica's Crunchbase Profile". Crunchbase. Unknown parameter |url-status= ignored (help)
  7. ↑ "Ahmad Gramian passes away". The UCLA Herb Alpert School of Music. 2018-07-06. Retrieved 2020-09-04.
  8. ↑ "CorpInfo Launches Onica with $20 Million Capital Infusion from Sunstone Partners to Fuel Growth of AWS Services and Solutions". PRWeb. Retrieved 2020-08-19.
  9. ↑ "AWS Partner Onica Acquires Sturdy Networks and NetBrains". Database Trends and Applications. 2017-12-12. Retrieved 2020-08-19.
  10. ↑ Onica. "Onica Acquires Cloud Computing Pioneer TriNimbus". www.prnewswire.com. Retrieved 2020-09-04.
  11. ↑ "Onica's Crunchbase Profile". Crunchbase. Unknown parameter |url-status= ignored (help)
  12. ↑ November 6; 2019 (2019-11-06). "Rackspace-Onica Deal: 'Partners Benefit in Every Way'". Channel Futures. Retrieved 2020-08-19.
  13. ↑ Inc, Rackspace Technology (2019-12-03). "Rackspace Completes Acquisition of Onica". GlobeNewswire News Room. Retrieved 2020-08-19.
  14. ↑ "Rackspace Buying Onica". www.bizjournals.com. Retrieved 2020-08-19. Unknown parameter |url-status= ignored (help)
  15. ↑ "Onica launched IoTanium, an IoT solution platform". Mirror Review. 2018-11-26. Retrieved 2020-09-05.
  16. ↑ "Awards". Onica. Retrieved 2020-09-02.
  17. ↑ "Onica Recognized as One of Inc. Magazine's 2020 Best Workplaces". Onica. Retrieved 2020-09-02.
  18. ↑ "Onica Recognized on CRN's 2020 Solution Provider 500 List". Onica. Retrieved 2020-09-02.
  19. ↑ "Onica Featured on Solutions Review's 21 Best AWS Managed Service Providers for 2020 List". Onica. Retrieved 2020-09-02.
  20. ↑ "Onica Recognized on CRN's 2020 MSP 500 List". Onica. Retrieved 2020-09-02.
  21. ↑ "Onica named to 2019 Best and Brightest Companies to Work For In The Nation List". Onica. Retrieved 2020-09-02.
  22. ↑ "Onica Recognized on LA Business Journal's 100 Fastest Growing Private Companies 2019 List". Onica. Retrieved 2020-09-02.
  23. ↑ "Onica Named One of Inc. Magazine's 2019 Best Workplaces". Onica. Retrieved 2020-09-02.
  24. ↑ "Onica on 2019 CRN's Tech Elite Solution Providers list". Onica. Retrieved 2020-09-02.
  25. ↑ "Onica Ranks as an Los Angeles Business Journal Best Place to Work". Onica. Retrieved 2020-09-02.
  26. ↑ 26.0 26.1 "Stephen Garden's LinkedIn Profile". LinkedIn. Unknown parameter |url-status= ignored (help)
  27. ↑ 27.0 27.1 "Tolga Tarhan's LinkedIn Profile". Unknown parameter |url-status= ignored (help)
  28. ↑ 28.0 28.1 "Giridhar Premsingh's LinkedIn Profile". LinkedIn. Unknown parameter |url-status= ignored (help)
  29. ↑ "Leadership". Onica. 2019-08-02. Retrieved 2020-08-19.
  30. ↑ "Onica Key Executive Team". Craft.co. Unknown parameter |url-status= ignored (help)
  31. ↑ "Mike Biggee's LinkedIn Page". LinkedIn. Unknown parameter |url-status= ignored (help)
  32. ↑ "Jeff Rich's LinkedIn Profile". LinkedIn. Unknown parameter |url-status= ignored (help)
  33. ↑ "Arneek Multani's LinkedIn Profile". LinkedIn. Unknown parameter |url-status= ignored (help)
  34. ↑ "Onica Acquires Sturdy Networks and NetBrains, Expanding its Position in IoT, Serverless, and Application Refactoring AWS Solutions". PRWeb. Retrieved 2020-09-02.
  35. ↑ "Onica Acquires TriNimbus | Los Angeles Business Journal". labusinessjournal.com. Retrieved 2020-09-02.
  36. ↑ "Onica Announces Acquisition of NetBrains and Sturdy Networks". ReadITQuik. Retrieved 2020-09-04.
  37. ↑ Aug 29, Ty Trumbull •; 2018 (2018-08-29). "Onica Acquires Amazon AWS Cloud Partner, DevOps Consultant TriNimbus". ChannelE2E. Retrieved 2020-09-04.


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