Avanade
TypeSubsidiary
IndustryProfessional services
Technology services
FoundedApril 4, 2000 (2000-04-04)
FounderAccenture and Microsoft
Headquarters
Seattle, Washington
,
U.S.
Area served
Worldwide
Key people
Pamela Maynard (CEO)
Amy Wright (COO)
Sonia Webb (CFO)
ServicesDigital marketing, IT services, IT consulting
RevenueIncrease US$ 2.0 billion (2021)
Number of employees
50,000 (2021)
ParentAccenture
Websitewww.avanade.com/en
Footnotes / references
[1][2][3][4]

Avanade (/ˈævənɑːd/) is a global professional services company providing IT consulting and services focused on the Microsoft platform with artificial intelligence, business analytics, cloud, application services, digital transformation, modern workplace, security services, technology and managed services offerings.[4] Headquartered in Seattle, the company has 50,000 employees in 26 countries. Avanade serves 34% of the Fortune 500 and 46% of the Fortune Global 500.[3]

History

Avanade was formed on April 4, 2000, as a joint venture between Accenture (formerly Andersen Consulting) and Microsoft, and today is majority-owned by Accenture. The company maintains the Accenture-Microsoft alliance to combine Accenture's consulting with Microsoft's scalable cloud and mobile technologies.[5] The name Avanade is a portmanteau between avenue and promenade.[6]

On June 6, 2019, Avanade's board of directors appointed Pamela Maynard as CEO beginning on September 1, 2019.[7]

On July 21, 2020, Avanade confirmed it has entered the Microsoft Intelligent Security Association (MISA), an alliance of autonomous tech suppliers and defense service providers who have partnered with Microsoft Defense to help protect themselves against an environment of increasing cybersecurity threats.[8]

In April 2022, Avanade announced the building of its first US-based engineering center in Tampa, Florida, adding around 500 new entry- and senior-level engineering, data and software development jobs over the next three years.[9]

Acquisitions

Overview of business acquisitions by Avanade
Number Date Company Business Country References
1 March 3, 2003 DCG Online business consulting and integration  Australia [10]
2 May 27, 2003 G.A. Sullivan Information technology  United States [11]
3 May 2, 2005 en’tegrat Microsoft Dynamics specialists  United States [12]
4 November 2, 2007 HOB Consulting firm, specializing in Microsoft Dynamics AX solutions  Denmark [13]
5 June 4, 2008 Quadreon Microsoft Dynamics specialists  Belgium [14]
6 May 18, 2010 Ascentium Corporation Microsoft Dynamics specialists, Avanade acquired the US portion of the CRM practice  United States [15]
7 October 5, 2011 ECONNEX AG Microsoft Dynamics specialists  Germany [16]
8 December 18, 2012 Azaleos Managed messaging, collaboration & unified communications services  United States [17]
9 April 28, 2015 KCS.net Information technology   Switzerland [18]
10 August 3, 2015 CloudTalent Strategic cloud advisory  United Kingdom [19]
11 February 28, 2017 Infusion Development Digital transformation, application modernization, and cloud-scale solutions  United States [20]
12 August 14, 2018 Loud&Clear Technology and experience design  Australia [21]
13 September 24, 2019 Alnamic AG Microsoft Dynamics 365 and AX specialists  Germany [22]
14 March 9, 2020 Altius Data and artificial intelligence specialists  United Kingdom [23]
15 May 5, 2020 Concert ERP solutions  Italy [24]
16 September 20, 2020 AZEO Data and AI, cloud and IoT  France [25]
17 November 22, 2021 QUANTIQ Microsoft Business Applications  United Kingdom [26]
18 May 27, 2022 Kabel Data, AI and cloud  Spain [27]
19 June 20, 2022 Asysco Legacy application migration  Netherlands [28]
20 September 28, 2022 eLogic Technology consulting firm  United States [29]

Corporate affairs

Structure and operations

Avanade operates its business in more than 80 locations across more than 25 countries North America, Europe, Asia, South America, the Middle East and the Pacific.[30]

In September 2021, Avanade entered the UAE market with the opening of offices in Abu Dhabi and Dubai. Adriano Neves, Avanade's Sales, Industry and Client Relationships Lead in Brazil, has been appointed to lead the company's newest entity and will relocate from São Paulo to Dubai.[31]

India (IDC), China (CDC) and the Philippines (PDC) supply Avanade with offshore consultants housed in parent company Accenture's delivery centers. Overall, these offshore workers constitute over 40% of Avanade's total workforce. Avanade relies heavily on offshore workers in India, China and other developing countries to help their customers reduce costs.[32][33][34]

Leadership

Former Avanade logo.

Avanade is managed by a leadership team of 17 members (2022). Pamela Maynard has served as CEO since September 2019.[7] Mitch Hill, a former senior partner at Andersen Consulting, was the founding CEO until August 31, 2008.[35] Adam Warby held the position from September 1, 2008, to August 31, 2019.[2]

Avanade's board of directors has five members (2022). The chairman of the board is Emma McGuigan.[36]

Finances

Avanade began filing financial reports with the Securities and Exchange Commission in 2006, a requirement for publicly traded companies. Alternatively, filings must be made when the number of security holders exceeded 500, which at the time, Avanade had over 1,100.[37] As of July 1, 2008, Avanade is no longer required to file financial reports with the Securities and Exchange Commission as it has unregistered all securities.

Products and services

Avanade's business model combines leading and delivering Microsoft-based projects contracted by Accenture, and its own direct business where Avanade is the contracting partner. The latter direct business has grown substantially over the past 10+ years in part due to a series of acquisitions, each of which has brought a book of direct business with it. Avanade is also the largest global partner of Microsoft and has grown its direct business continually through this channel.

Accolades

Avanade and Accenture have been recognized as the Microsoft Alliance Partner of the Year 16 times, most recently in 2021.[38]

See also

References

  1. ↑ "Microsoft and Andersen Consulting Announce Expanded Alliance". Microsoft. March 13, 2000. Retrieved December 2, 2016.
  2. 1 2 "Avanade Leadership". Avanade.com. Retrieved December 3, 2016.
  3. 1 2 "Avanade Fast Facts". Avanade.com. Retrieved April 18, 2022.
  4. 1 2 "Avanade Solutions". Avanade.com. Retrieved April 17, 2019.
  5. ↑ "Accenture and Microsoft (and Avanade) launch new business group". Information Age. February 6, 2019. Retrieved April 30, 2020.
  6. ↑ "Microsoft, Andersen team up". The Seattle Times. March 14, 2007. Retrieved December 2, 2016.
  7. 1 2 "Avanade CEO Adam Warby Steps Down; Pamela Maynard Appointed as His Successor".
  8. ↑ "Avanade joins Microsoft Intelligent Security Association". Cision PRWeb. July 21, 2020. Retrieved August 4, 2020.
  9. ↑ "Microsoft partner Avanade announces Tampa engineering hub, aims to hire 500". Tampa Bay Times. Retrieved April 18, 2022.
  10. ↑ "Avanade buys into Queensland with DCG". ARN by IDG. March 11, 2003.
  11. ↑ "G.A. Sullivan sold to Seattle technology firm". St. Louis Business Journal. May 27, 2003.
  12. ↑ "Avanade Acquires en'tegrate; Combination of Global Microsoft Expertise and Microsoft Business Solutions". BusinessWire. May 2, 2005.
  13. ↑ "Avanade acquires Danish ERP consultant HOB Business Solutions A/S". Lync Migration. March 2, 2005.
  14. ↑ "Avanade Belgium Expands with Acquisition of Quadreon" (PDF). Avanade. June 4, 2008.
  15. ↑ "AVANADE COMPLETES ACQUISITION OF ASCENTIUM'S MICROSOFT DYNAMICS CRM PRACTICE" (PDF). Avanade. May 18, 2010.
  16. ↑ "Avanade to Acquire eConnex, a German-Based Microsoft Dynamics CRM Services Firm". Marketwired. October 5, 2011.
  17. ↑ "Avanade Completes Acquisition of Azaleos". Marketwired. December 18, 2012.
  18. ↑ "Avanade acquires KCS.Net to expand Microsoft Dynamics capabilities across Germany, Switzerland and Austria". Avanade. June 10, 2015.
  19. ↑ "Avanade Acquires CloudTalent, a Strategic Cloud and Infrastructure Advisory Firm". ARN by Yahoo. August 3, 2015.
  20. ↑ "Avanade tech consulting company acquires 600-person New York firm, bolstering Accenture and Microsoft joint venture". Geekwire. February 28, 2017.
  21. ↑ "Avanade Acquires Loud&Clear And Creates Its First Digital Innovation Studio In Asia Pacific". BusinessInsider. August 13, 2018.
  22. ↑ "Avanade buys German Microsoft partner". ITEuropa. September 24, 2019.
  23. ↑ "Avanade acquires Altius to expand into retail, transport and public sectors". Information Age. March 9, 2020.
  24. ↑ "Avanade snaps up Italian Microsoft Dynamics partner". Channel Partner Insights. May 6, 2020.
  25. ↑ "Avanade announces acquisition of Azure IoT specialists Azeo". MSDynamicsWorld. September 9, 2020.
  26. ↑ "Avanade welcomes QUANTIQ, a Microsoft Business Applications provider, to its UKI business as it completes acquisition". Avanade. November 22, 2021.
  27. ↑ "Avanade Steps Up Its Expansion Plans In Europe With The Acquisition Of Kabel, A Major Digital Transformation Solution Provider In Spain". Avanade. May 27, 2022.
  28. ↑ "Avanade Acquires Asysco, a Specialist in Migrating Legacy Mainframe Applications to the Cloud". Avanade. June 20, 2022.
  29. ↑ "Avanade Has Acquired eLogic, a Provider of Intelligent Sales and Services Solutions for North America Manufacturing Organizations". Avanade. June 20, 2022.
  30. ↑ "Fast Facts | Avanade US". www.avanade.com. Retrieved April 18, 2022.
  31. ↑ "Accenture-Microsoft JV Avanade enters UAE market". September 7, 2021.
  32. ↑ Avanade Annual Report 2007. SEC EDGAR website
  33. ↑ Avanade website office directory Archived 2008-01-06 at the Wayback Machine. [Retrieved December 28, 2007].
  34. ↑ Avanade website Brazil office opens press release Archived 2011-07-07 at the Wayback Machine.
  35. ↑ "Avanade CEO Mitch Hill to Step Down; Board Appoints Adam Warby as CEO". Business Wire. May 6, 2008. Retrieved December 3, 2016.
  36. ↑ "Leadership & Board of Directors | Avanade US". www.avanade.com. Retrieved April 18, 2022.
  37. ↑ "Avanade bares financial details". The Seattle Times. February 17, 2006. Archived from the original on September 29, 2011. Retrieved December 3, 2016.
  38. ↑ "A blueprint for the future: Accenture and Avanade win 2021 Microsoft Canada Partner of the Year". July 8, 2021.
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