CyberCX buys Tracer and Consegna cloud firms, consolidates ANZ market

John Paitaridis, Chief Executive Officer at CyberCX

CyberCX, ANZ’s cyber security services firm, with a workforce of over 1,000 across the trans-Tasman, has strengthened its position as a market leader for cloud security and solutions, with the acquisition of cloud specialist firms Tracer Cloud and Consegna Cloud.

What is the market reach of Tracer and Consegna?

The acquisition of Tracer Cloud and Consegna, both well recognised for their deep expertise in cloud services, further bolsters CyberCX’s cloud security capabilities in Australia and New Zealand, bringing together a workforce of over 150 cloud security and solutions specialists.

Founded in 2017, Tracer Cloud is a cloud security services firm and a multi-cloud specialist, with a strong footprint in Australia, across enterprise, federal and state gov’t clients, and exceptional capabilities in AWS, Microsoft Azure, Google Cloud and hybrid cloud technologies.

Consegna was founded in 2016 and has a strong presence across Auckland, Wellington and Christchurch. Consegna has been awarded AWS Services Partner of the Year in New Zealand for the last two consecutive years and achieved AWS Premier Partner status in 2020.

CyberCX CEO John Paitaridis said today’s announcement reinforces CyberCX’s strategic focus in maintaining a leading edge in cloud security and cloud professional services, “As we continue to see acceleration of digital and cloud adoption across the economy, CyberCX is committed to providing the leading specialist cloud services, including strategic advisory, design and architecture, engineering, security assurance and cloud management,” he said.

“Our mission is to drive business value for our customers across enterprise and government through enabling secure and sustainable cloud adoption and growth,” Paitaridis further said.

What is the scale of cloud adoption?

Cloud adoption continues to grow at a rapid rate. According to the Australian Bureau of Statistics, 81% of businesses with 200 employees or more use cloud tech. GlobalData predicts enterprise spending on cloud computing in the region to reach $20bn by 2025.

“CyberCX understands the critical importance of data sovereignty and data security, as enterprises and government face unprecedented cyber threats and attacks. As organisations increasingly move their customer and citizen data into the cloud – data security has become the highest priority consideration, this cannot be overstated,” Paitaridis further commented.

“With Tracer Cloud and Consegna joining CyberCX, we have the leading experts in cloud security services across the trans-Tasman, with exceptional scale and capability.”

What does the deal mean to Consegna and Tracer?

Tracer Cloud Managing Director David Johnston said joining the CyberCX group represents a natural next step for the ambitions of his team, “Our goal has always been to create a truly world class cloud security and cloud services organisation. The opportunity to come together with CyberCX is an exciting milestone in our journey toward that goal – leveraging our deep expertise in multi-cloud services with the scale and cyber security capability of CyberCX.”

Consegna Managing Director John Taylor said bringing the capabilities of his team into the CyberCX group will be a game-changer, “We’re proud of what Consegna has achieved in recent years, with client and industry recognition, and remain committed to delivering the highest quality cloud services and our sovereign market presence in New Zealand.”

“In joining forces with CyberCX we are creating a cloud services and cloud security powerhouse, this is great for Consegna, our customers and the New Zealand market.”