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IBM on Mondaysaid it has acquiredHakkoda , a datum and AI consultancy based in New York .
The acquirement would “ further inflate ” IBM ’s ability to land consultants and AI to clients , especially customers in industries like fiscal services , public sector , and healthcare and living science , say Mohamad Ali , SVP and caput of IBM ’s consulting business , in a statement .
“ With Hakkoda ’s datum expertness , deep technology partnership , and asset - centric delivery theoretical account , IBM will be even better - positioned to deliver economic value faster to clients as they transform with AI , ” Ali said .
Financial term of the pot were not expose .
The hand get as IBM extend to ramp up its investments in AI and mechanisation technologies . In February , the company acquiredDataStax , a platform for build AI apps , and it recentlyfinalized its purchaseof infrastructure and security mechanisation firm HashiCorp .
The strategy has borne yield for IBM . In Q4 2024 , the company , which makes the volume of its AI income from consulting , register its biggest revenue jumpin five geezerhood — get off its stock soaring 10 % . IBM said at the time that AI booking and sales stood at over $ 5 billioninception - to - date .
conscientious objector - institute in 2021 by old-hat - Deloitte GM Erik Duffield , Hakkoda help client move data to the swarm — in fussy , the Snowflake datum cloud . The startup offers a range of shaft to help house transmigrate and transform datum , as well as product to “ modernize ” data from old system .
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The startup had supervise to raise a total of $ 5.6 million in speculation Das Kapital , fit in to Crunchbase . Its backers let in Tercera , Lead Edge Capital , and Casimir Holdings .
Duffield order Hakkoda ’s C of consultants across the U.S. , Latin America , India , Europe , and the U.K. will join IBM ’s consulting class as part of the trade .
“ From the beginning , Hakkoda has committed to being ‘ in the field , ’ not observing the heavy translation in chronicle but mold it , ” Duffield enunciate in a statement . “ IBM ’s inheritance of innovation , their commitment to discovery , and deep partnerships with clients on their most expert challenge [ are ] a perfect union to take Hakkoda ’s industry - concenter modern data consulting to the planetary marketplace . ”
