Accenture has acquired Cloudworks, a major Oracle Cloud installation service provider in North America with offices in Toronto. Accenture’s ability to provide Oracle solutions to clients on their cloud journeys will be bolstered as a result of the agreement. The acquisition’s financial details were not disclosed.
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Cloudworks, a strategic, business, and technology consulting firm formed in 2016, is best recognized for Oracle Cloud-based solutions in Enterprise Resource Planning (ERP), Enterprise Performance Management, and Human Capital Management. The bulk of Cloudworks’ 100 workers are based in Toronto, with offices also in Calgary and other cities throughout the United States.
Cloudworks provides capabilities in robotic process automation (RPA), data analytics, and artificial intelligence (AI), all of which help clients get the most out of their Oracle Cloud investments. Transportation, healthcare, manufacturing, retail, mining, oil & gas, utilities and energy, telecommunications & media, financial services, real estate, public sector, and higher education are among the industries that the firm serves.
“As organizations across Canada continue to accelerate their technology transformation programs, we anticipate the demand for Oracle solutions to grow significantly,” said Jeffrey Russell, president of Accenture in Canada. “By acquiring Cloudworks, we add a highly talented team with industry-specific experience in combining the power of Oracle with the ingenuity of people to unlock new possibilities for clients.”
Cloud and Robotic Process Automation
Cloudworks marks the third acquisition for Accenture Canada over the last year. In 2020, Accenture acquired Avenai, an Ottawa-based public-sector consulting firm, and Callisto Integration, an Oakville, Ontario-based supplier of consulting and technology services in digital manufacturing for the food and beverage, chemicals, utilities, and other industries.
“Cloudworks is a well-known Oracle services provider that has worked with organizations across Canada and across industries,” said Jennifer Jackson, Accenture Technology lead for Canada. “We are thrilled to grow our Technology practice in Canada with the Cloudworks team who strengthen our ability to meet the growing need from Canadian organizations to unleash the power of cloud, data and innovation to create truly future-ready organizations.”
“The impact of the Cloudworks team and its experience working with clients in Canada and the U.S. bolsters our entire Oracle business in North America,” said Samia Tarraf, Accenture Oracle Business Group lead for North America. “Organizations fast-track their cloud journeys and look to Oracle Cloud applications to create more value and make their businesses more resilient.”
Accenture has announced two Oracle-focused acquisitions in 2021: Nell’Armonia, a prominent consulting and technology firm specializing in enterprise performance management solutions based in Paris, France, and AppsPro, one of the leading Oracle Cloud deployment service providers in Saudi Arabia.
“With Accenture’s in-depth capabilities, global scale and experience co-creating and co-developing Oracle solutions, we look forward to delivering greater value for clients, as well as opening up new opportunities for our people,” said Jason Nott, cofounder and CEO of Cloudworks. “Joining Accenture will also help Cloudworks provide more services to clients through its global team of experts in digital, cloud and robotic process automation.”