IT Major Accenture has acquired Cloudworks, a leading Canada-based Oracle Cloud implementation service provider. The deal further strengthens Accenture’s capabilities to deliver Oracle solutions to clients on their journeys to the cloud. The financial terms of the acquisition are yet to be disclosed.
The 2016 born Cloudworks are known for their specializations in strategy, business and technology consulting and are renowned for their Oracle Cloud-based solutions in Enterprise Resource Planning, Enterprise Performance Management, and Human Capital Management. A significant part of Cloudworks’ 100 employees are located in Toronto, and the company has shown its leading capabilities in robotic process automation (RPA), data analytics, and AI.
Jeffrey Russell, president of Accenture in Canada, stated that as organizations across work towards accelerating technology transformation programs, Accenture anticipates the demand for Oracle solutions to grow in significant numbers. He added that with the acquisition of Cloudworks, the company adds a highly skilled team with industry-specific experience in merging the power of Oracle with the ingenuity of people to unlock new possibilities for clients.
Jennifer Jackson, Accenture Technology lead for Canada, noted that Cloudworks is a leading Oracle services provider that has worked with organizations across Canada and various industries. She added that they are thrilled to grow their Technology practice in Canada with the Cloudworks team, strengthening their ability to meet the growing need from Canadian organizations to unleash the power of the cloud, innovation, and data to mould future-ready organizations.
Jason Nott, co-founder and CEO of Cloudworks said that along with Accenture’s in-depth capabilities, global scale, and experience in co-creating and co-developing Oracle solutions, Cloudworks look forward to delivering more excellent value for clients up to new opportunities for their people. Jason noted that joining Accenture will also help Cloudworks provide more services to clients through its global team of digital, cloud, and robotic process automation experts.
Accenture acquisition of Cloudworks marks the 3rd acquisition for Accenture Canada over the last year. Accenture previously acquired Avenai, an Ottawa consultancy firm, and Callisto Integration, a tech service provider in the digital manufacturing field.