IBM Strengthens Data Expertise with Acquisition of Hakkoda Inc.
IBM made a significant move in the world of AI and data consultancy by acquiring Hakkoda, a reputable consultancy based in New York. This strategic acquisition enables IBM to enhance its ability to provide cutting-edge AI solutions to clients, especially in sectors like finance, public services, and healthcare.
Mohamad Ali, SVP at IBM, emphasized how Hakkoda’s expertise in data, technology partnerships, and delivery models will empower IBM to deliver value rapidly to clients undergoing AI transformations. This acquisition aligns with IBM’s continued focus on investing in AI and automation technologies, as evidenced by recent acquisitions such as DataStax and HashiCorp.
Co-founded by Erik Duffield in 2021, Hakkoda has established itself as a leader in helping companies transition their data to the cloud, particularly utilizing the Snowflake data cloud platform. By joining forces with IBM, Hakkoda’s team of consultants spread across various regions will contribute to IBM’s consulting prowess on a global scale.
Duffield expressed excitement about the partnership with IBM, acknowledging the synergy between Hakkoda’s industry-focused modern data consulting and IBM’s heritage of innovation and client partnerships. This acquisition marks a significant step in IBM’s journey towards shaping the future of AI consultancy on a global scale.
