IBM has announced its plans to acquire Accelalpha, an Oracle services provider, to help IBM improve its Oracle consulting expertise in key areas such as supply chain and logistics, finance, enterprise performance management (EPM), and customer transformation.
"Many enterprises depend on Oracle to run the workflows that are at the heart of their enterprise. With our acquisition of Accelalpha, IBM will be even better positioned to help our clients deploy and manage Oracle solutions, including generative AI and cloud technology, for competitive advantage," said Kelly Chambliss, Senior Vice President, IBM Consulting, Americas.
As Oracle apps become more functional, businesses are looking for strategic partners to help them drive their digital transformation efforts. Following the completion of the acquisition, Accelalpha will be merged into IBM Consulting, bringing with it a large, talented team of consultants focused on assisting clients in modernizing their operations through Oracle Cloud Applications.
Accelalpha's experts have extensive knowledge of the entire Oracle Cloud Applications Suite, including Oracle Supply Chain Management (SCM) and Logistics, Oracle Cloud Enterprise Resource Planning (ERP), Oracle Cloud Enterprise Performance Management (EPM), Oracle Cloud Customer Transformation (CX), and Oracle Configure, Price, Quote (CPQ).
"IBM's client and employee-centric culture and long-established scale and reach in more than 175 countries is a great fit for the next stage of our growth. We're thrilled to bring our expertise in Oracle Cloud solutions and targeted domain and industry knowledge to bear together with IBM's strength in generative AI and hybrid cloud. With Accelalpha's history of being a pioneer in Oracle Cloud and IBM's deep-rooted dedication to innovation that matters, we can further accelerate value creation for our clients," said Nat Ganesh, CEO, Accelalpha.
