IBM announced the acquisition of Hakkoda Inc., a global leader in data and AI consulting. The move enhances IBM Consulting’s data transformation capabilities by adding deep expertise in data platform services, helping clients prepare their data environments to support AI-driven business strategies.
Hakkoda brings industry-recognized strengths in data migration, modernization, and monetization. As an award-winning Snowflake partner, Hakkoda significantly bolsters IBM’s ability to meet the surging demand for enterprise data services. The acquisition supports clients in building agile, cost-efficient, and scalable data estates designed to power a wide range of business applications.
In addition to its data engineering prowess, Hakkoda contributes a portfolio of generative AI-powered tools that accelerate data modernization efforts. These solutions are reinforced by the company’s proven consulting expertise in key sectors such as financial services, public sector, and healthcare and life sciences. Through this acquisition, IBM will deepen its capacity to deliver AI-infused transformation initiatives via IBM Consulting Advantage, its AI-powered delivery platform.
“IBM is at the leading edge of the consulting industry with how we’re supercharging our consultants with AI,” said Mohamad Ali, Senior Vice President and Head of IBM Consulting. “With Hakkoda’s data expertise, deep technology partnerships and asset-centric delivery model, IBM will be even better positioned to deliver value faster to clients as they transform with AI.”
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“From the beginning, Hakkoda has committed to being ‘in the arena’, not observing the greatest transformation in history but shaping it,” said Erik Duffield, CEO and Co-founder of Hakkoda. “It is because of this that we are excited to join IBM at this critical moment when organizations are looking for a trusted partner to help them modernize their data for the AI era. IBM‘s heritage of innovation, their commitment to discovery and deep partnerships with clients on their most technical challenges is a perfect pairing to take Hakkoda’s industry focused modern data consulting to the global marketplace.”
According to IDC, global investment in enterprise intelligence services is projected to reach $169 billion in 2024 and grow to over $243 billion by 2028, reflecting a compound annual growth rate of approximately 13%. As organizations navigate this shift, they require a modern cloud-based data platform and a comprehensive data strategy to fully realize the value of AI.
Hakkoda’s position as an Elite Snowflake partner includes hundreds of SnowPro Core and Advanced certifications. The company was recognized as Snowflake’s 2024 Healthcare & Life Sciences Services Partner of the Year and the 2023 Americas System Integrator Innovation Partner of the Year. Additionally, Hakkoda holds advanced-tier partner status with AWS.
