Recent Acquisition Impact Magenic has recently been acquired by Cognizant, indicating an expansion of its resources and service offerings through a global digital engineering network. This opens opportunities to offer complementary solutions in digital transformation, cloud computing, and software development to Cognizant’s extended client base.
Focus on Cloud Technologies With the appointment of a Chief Cloud Technology Officer and a strong tech stack involving Okta, IBM, and cloud-related solutions, Magenic is positioned as a key player in cloud-based software development and digital identity management, presenting opportunities for cloud migration and security services.
Market Recognition & Talent Magenic has been recognized as a top workplace and promising Microsoft Azure solutions partner, demonstrating a committed employer brand and skilled workforce. This makes it a potential target for talent acquisition services or partnership opportunities in employee engagement solutions.
Regional Growth Potential Headquartered in Makati City with a significant presence in Minneapolis, Magenic’s strategic locations in the US and Philippines suggest opportunities to provide region-specific digital solutions, offshore development services, or local cloud consulting services aimed at expanding their market footprint.
Technology Stack & Innovation Utilizing a diverse set of technologies such as GraphQL, Java, TypeScript, and Apache HBase indicates a focus on innovative, scalable, and secure application development, creating potential for custom software solutions, tech consulting, and integration services tailored to their current and future projects.