IBM’s acquisition of data and AI solutions leader Hakkoda allows it to expand the development of streamlined, efficient, and cost-effective data estates.
IBM announced it has acquired Hakkoda Inc., a leading global consultancy specializing in data and AI solutions. This strategic move enhances IBM Consulting’s portfolio, significantly strengthening its capabilities in data transformation and AI-driven business operations. With Hakkoda’s specialized expertise in migrating, modernizing, and monetizing extensive data estates, IBM is positioned to meet the increasing demand for comprehensive and integrated data services.
Hakkoda, recognized as a premier Snowflake partner, brings valuable assets to IBM, including extensive certifications such as SnowPro core and advanced certifications. The consultancy was named the 2024 Snowflake Healthcare & Life Sciences Services Partner of the Year and the 2023 Snowflake Americas System Integrator Innovation Partner of the Year, underlining its distinguished industry position. Additionally, Hakkoda’s advanced-tier partnership with AWS further extends IBM’s technical alliances, creating more significant opportunities for collaborative innovation.
Through this acquisition, IBM significantly expands its capacity to assist businesses in developing streamlined, efficient, and cost-effective enterprise data estates optimized for rapid integration across diverse business applications. Furthermore, Hakkoda’s generative AI-powered solutions promise to accelerate data modernization efforts, which is especially critical as businesses increasingly leverage AI for competitive advantage.
Mohamad Ali, Senior Vice President and Head of IBM Consulting, highlighted the strategic benefits, stating that adding Hakkoda’s “data expertise, deep technology partnerships, and asset-centric delivery model” will enable IBM to accelerate value delivery to its clients as they embrace AI transformation. Hakkoda’s strengths align seamlessly with IBM Consulting Advantage, IBM’s AI-powered delivery platform.
Erik Duffield, CEO and Co-founder of Hakkoda expressed enthusiasm about the acquisition, emphasizing a shared vision of innovation and proactive engagement in shaping transformative AI and data strategies for organizations. Joining IBM enables Hakkoda to leverage IBM’s extensive innovation heritage and global market presence to scale its specialized consulting solutions effectively.
IDC estimates global enterprise intelligence service expenditures to reach $243 billion by 2028, underscoring businesses’ need to adopt robust cloud-based data strategies. Hakkoda’s international team, spanning North America, Latin America, India, Europe, and the UK, significantly broadens IBM’s global reach and diverse talent pool, effectively addressing the expansive growth of the data services market.
The transaction officially closed on April 2, 2025, with financial details remaining confidential. More information about Hakkoda and its service offerings can be found at https://hakkoda.io.
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