IBM Acquires Hakkoda to Boost AI Consultancy Services
IBM has acquired Hakkoda, a New York-based data and AI consultancy, to expand its consulting capabilities in AI and data transformation services. In a press release, IBM announced that the acquisition will enhance its ability to deliver AI-powered business operations by integrating Hakkoda's expertise in data migration, modernization, and monetization.
Hakkoda, an award-winning partner of Snowflake, brings a strong portfolio of generative AI-powered assets and industry solutions, particularly in financial services, public sector, and healthcare. The acquisition will see Hakkoda's consultants join IBM's consulting division, further strengthening IBM's position in the AI consultancy market.
The acquisition, which closed on April 2, 2025, is part of IBM's ongoing strategy to invest in AI and automation technologies. This follows IBM's recent acquisitions of DataStax and HashiCorp, as the company continues to enhance its AI capabilities and consulting services.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Enterprise
Oct 31 Orange Cyberdefense Gets Early Access to Cyber Version of Mistral Large 4 Oct 31 Ares Intelligence Raises €2.9 Million for AI Adoption Planning Oct 31 About 50 Samsung Affiliate Presidents Meet Sam Altman on AI Oct 31 Estée Lauder Expands AI and Data Work With Microsoft Oct 30 India Proposes AI Rules for Telecom Networks and ServicesMore from Funding
Oct 31 Anthropic IPO Filing Details Nearly $900 Billion in Future Obligations Oct 31 Baseten Set to Raise Funding at Up to $30 Billion Valuation, Bloomberg Reports Oct 31 Talky Labs Raises €1.5 Million for AI Accounting Platform Oct 31 Ares Intelligence Raises €2.9 Million for AI Adoption Planning Oct 31 Pixel Systems Raises €2.7 Million for AI Content DetectionEnterprise AI Brief
Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.
Industry analysis
2025 Global Business Services Agenda: Gen AI Takes Center Stage
This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.
Read moreYou may also like
IBM Ventures Invests in Leena AI
HR Path Acquires SnapAI for AI Compliance Expertise
Oracle to offer Snowflake AI Data Cloud as native OCI service
Automation Anywhere to Acquire boost.ai
Oracle and OpenAI Expand Enterprise AI Partnership
Daily AI Brief: the AI news that matters, in your inbox.