Accenture Acquires Canadian Cloudworks

Cloudworks

Accenture (NYSE: ACN) acquired Cloudworks, a Toronto, Canada-based Oracle Cloud implementation service provider across North America.

The amount of the deal was not disclosed.

The deal further enhances Accenture’s capabilities to deliver Oracle solutions to clients on their journeys to the cloud.

Founded in 2016 and led by Jason Nott, CEO, Cloudworks specializes in strategy, business and technology consulting and is a provider for Oracle Cloud-based solutions in Enterprise Resource Planning, Enterprise Performance Management and Human Capital Management. The firm has capabilities in robotic process automation (RPA), data analytics and AI, which help maximize the business value for clients’ investments in Oracle Cloud. It supports clients in several industries, including transportation, healthcare, manufacturing, retail, mining, oil & gas, utilities and energy, telecommunications & media, financial services, real estate, public sector, and higher education. The majority of Cloudworks’ 100 employees are located in Toronto, with additional offices in Calgary, and other locations throughout the United States.

Cloudworks represents the third acquisition for Accenture Canada over the last year following Avenai, an Ottawa consultancy focused on public service organizations, and Callisto Integration, an Oakville, Ontario provider of consulting and technology services in digital manufacturing in food and beverage, chemicals, utilities and other industries, both in 2020. 

Globally, in 2021, Accenture has announced two Oracle-focused acquisitions: Nell’Armonia, a consulting and technology company specialized in enterprise performance management solutions, headquartered in Paris, France, and AppsPro, an Oracle Cloud implementation service provider in Saudi Arabia. 

FinSMEs

20/07/2021