This acquisition aims to enhance IBM's expertise in Oracle Cloud Applications, particularly in areas like supply chain, logistics, finance, enterprise performance management (EPM), and customer transformation.
Founded by Ganesh in 2009, Accelalpha is headquartered in Bellevue, Washington, and is known for its deep expertise in Oracle Cloud solutions and has a significant presence across North America, Europe, Asia, the Middle East, and South America.
This acquisition will bring a large team of skilled consultants to IBM Consulting, further strengthening IBM's capabilities in deploying and managing Oracle solutions.
Accelalpha is a global provider of Oracle Cloud Applications consulting across advisory, implementation and managed services. Its highly skilled team serves clients across North America, Europe, Asia, the Middle East and South America, with a focus on distribution, industrial and financial services sectors.
Notably, Accelalpha was the first Oracle partner to implement Oracle Fusion Financials, and also boasts as the largest Oracle logistics practice globally.
"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,” said Nat Ganesh, CEO, Accelalpha. “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.”
IBM and Oracle’s partnership to serve clients spans almost 40 years. IBM was named a Leader in the 2023 IDC MarketScape for Oracle Implementation Services Ecosystem Worldwide.
Post acquisition, Accelalpha will join IBM Consulting, bringing over a large global team of skilled consultants to help clients modernize with Oracle Cloud Applications.
The acquisition is expected to close in the fourth quarter of 2024, subject to customary closing conditions and regulatory approvals. Financial details of the transaction were not disclosed.
Accelalpha has primarily grown through organic means and strategic acquisitions rather than extensive external funding. However, it has received investment from Graycliff Partners, a private equity firm.
Nat Ganesh, the founder and CEO of Accelalpha, has a strong connection to India. He was born and raised in India before moving to the United States to further his education and career.
Nat Ganesh attended the Birla Institute of Technology and Science (BITS), Pilani, where he earned a Master’s degree in Science and Engineering Management. This prestigious institution is known for producing many successful entrepreneurs and leaders in the technology and business sectors.
Accelalpha has a notable presence in India, with operations primarily based in Hyderabad, Telangana. The Indian office plays a crucial role in supporting Accelalpha's global operations, particularly in areas like Oracle Cloud Applications consulting, implementation, and managed services.
The Hyderabad office is involved in various aspects of Accelalpha's business, including supply chain management, logistics, finance, enterprise performance management (EPM), and customer transformation. This presence in India allows Accelalpha to leverage the region's rich talent pool and provide high-quality services to clients worldwide.
Post acquisition, Accelalpha will join IBM Consulting, bringing over a large global team of skilled consultants to help clients modernize with Oracle Cloud Applications.
The acquisition is expected to close in the fourth quarter of 2024, subject to customary closing conditions and regulatory approvals. Financial details of the transaction were not disclosed.
Accelalpha has primarily grown through organic means and strategic acquisitions rather than extensive external funding. However, it has received investment from Graycliff Partners, a private equity firm.
Nat Ganesh, the founder and CEO of Accelalpha, has a strong connection to India. He was born and raised in India before moving to the United States to further his education and career.
Nat Ganesh attended the Birla Institute of Technology and Science (BITS), Pilani, where he earned a Master’s degree in Science and Engineering Management. This prestigious institution is known for producing many successful entrepreneurs and leaders in the technology and business sectors.
Accelalpha has a notable presence in India, with operations primarily based in Hyderabad, Telangana. The Indian office plays a crucial role in supporting Accelalpha's global operations, particularly in areas like Oracle Cloud Applications consulting, implementation, and managed services.
The Hyderabad office is involved in various aspects of Accelalpha's business, including supply chain management, logistics, finance, enterprise performance management (EPM), and customer transformation. This presence in India allows Accelalpha to leverage the region's rich talent pool and provide high-quality services to clients worldwide.
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