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]

Avanade
Company typeSubsidiary
IndustryProfessional services
Technology services
FoundedApril 4, 2000; 24 years ago (2000-04-04)
FounderAccenture and Microsoft
Headquarters,
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]

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]

Pamela Maynard took over from Adam Warby as CEO beginning on September 1, 2019.[7]

In July 2020, Avanade joined 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
NumberDateCompanyBusinessCountryReferences
1March 3, 2003DCGOnline business consulting and integration  Australia[10]
2May 27, 2003G.A. SullivanInformation technology  United States[11]
3May 2, 2005en’tegratMicrosoft Dynamics specialists  United States[12]
4November 2, 2007HOBConsulting firm, specializing in Microsoft Dynamics AX solutions  Denmark[13]
5June 4, 2008QuadreonMicrosoft Dynamics specialists  Belgium[14]
6May 18, 2010Ascentium CorporationMicrosoft Dynamics specialists, Avanade acquired the US portion of the CRM practice  United States[15]
7October 5, 2011ECONNEX AGMicrosoft Dynamics specialists  Germany[16]
8December 18, 2012AzaleosManaged messaging, collaboration & unified communications services  United States[17]
9April 28, 2015KCS.netInformation technology  Switzerland[18]
10August 3, 2015CloudTalentStrategic cloud advisory  United Kingdom[19]
11February 28, 2017Infusion DevelopmentDigital transformation, application modernization, and cloud-scale solutions  United States[20]
12August 14, 2018Loud&ClearTechnology and experience design  Australia[21]
13September 24, 2019Alnamic AGMicrosoft Dynamics 365 and AX specialists  Germany[22]
14March 9, 2020AltiusData and artificial intelligence specialists  United Kingdom[23]
15May 5, 2020ConcertERP solutions  Italy[24]
16September 20, 2020AZEOData and AI, cloud and IoT  France[25]
17November 22, 2021QUANTIQMicrosoft Business Applications  United Kingdom[26]
18May 27, 2022KabelData, AI and cloud  Spain[27]
19June 20, 2022AsyscoLegacy application migration  Netherlands[28]
20September 28, 2022eLogicTechnology 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

External links