IBM to Acquire Oracle Consulting Firm Applications Software Technology LLC
CIOTechOutlook Team | Friday, 17 January 2025, 09:22 IST
IBM announced its intention to acquire Applications Software Technology LLC, a global Oracle consulting firm. Applications Software Technology has a wealth of expertise in driving business transformations using Oracle Cloud Applications, especially for clients in the public sector, such as local government and K-12 education.
Shifts to cloud in the public sector frequently face obstacles like difficulties in migrating old systems, a shortage of qualified staff, or strict security and compliance requirements. This acquisition will enhance IBM's Oracle solutions to help clients in North America, the UK, and Ireland navigate those complexities and attain sustainable results in their digital transformations using Oracle Cloud Applications. It will bolster IBM's 2024 acquisition of Accelalpha, boosting IBM's ability to help clients deploy, manage, and optimize value from their Oracle cloud solutions.
"Public sector clients' cloud transformations often require a consulting partner with industry, domain and technology expertise," said Kelly Chambliss, Senior Vice President, IBM Consulting, Americas. "The acquisition of Applications Software Technology will boost IBM's public sector and Oracle Cloud Application skills to help clients confidently navigate their business transformations."
Applications Software Technology has a sizable team of consultants that offers proficiency in the Oracle Cloud Applications Suite, especially with Oracle Fusion Cloud Enterprise Resource Management (ERP), which encompasses Enterprise Performance Management (EPM), Oracle Cloud Human Capital Management (HCM), and Oracle Fusion Configure, Price, Quote (CPQ), in addition to Oracle Cloud Infrastructure (OCI), JD Edwards, and NetSuite. Applications Software Technology also offers expertise and collaborations with Salesforce and MuleSoft, focusing on public sector solutions and beyond.
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