IBM to acquire Oracle consultancy Accelalpha

IBM has agreed to acquire Accelalpha, a Bellevue, WA-based Oracle consulting firm.

Founded in 2009, Accelalpha provides advisory, implementation, and managed services to help clients digitize core business operations and accelerate adoption of Oracle Cloud applications.

Accelalpha has expertise across the Oracle Cloud suite, including supply chain management, enterprise resource planning, enterprise performance management, customer transformation, and configure, price, quote (CPQ).

The firm works with clients in the Americas, EMEA, and Asia, and focuses on the distribution, industrials, and financial services sectors.

An Oracle Cloud excellence certified implementer, Accelalpha boasts the largest Oracle logistics practice in the world.

The consultancy has more than 680 employees, according to LinkedIn, and 15 offices across the US, Mexico, Chile, Peru, UK, UAE, Singapore, India, and Australia.

“Many enterprises depend on Oracle to run the workflows that are at the heart of their enterprise," said Kelly Chambliss, SVP at IBM Consulting, Americas. "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."

Accelalpha will join IBM Consulting upon the deal’s closure, which is slated for the fourth quarter of 2024.

IBM has worked with Oracle for nearly four decades and was named a leader in the 2023 IDC MarketScape for Oracle Implementation Services Ecosystem Worldwide report.

The tech giant also announced the launch of an expanded network of consultants and services to help Oracle clients optimize their generative AI investments. The consultants will guide decision-making in architecture, software licensing, and security to lay a robust foundation for GenAI solutions, as well as help clients choose and deploy the right GenAI models for their requirements.

“Our clients are eager to extend generative AI initiatives but they're also concerned about rising compute costs, lack of in-house AI skills, AI assistant sprawl, and management oversight," said Corinne Koppel, global Oracle practice leader at IBM Consulting. "We're proud to bring clients even more skills and solutions to help them optimize their investments with Oracle's full stack generative AI technology leveraging an open architecture."