Avanade

Former Avanade logo.

Avanade was formed on April 4, 2000, as a joint venture between Accenture (formerly Andersen Consulting) and Microsoft, and today is majority-owned by Accenture. The company maintains the Accenture-Microsoft alliance to combine Accenture's consulting with Microsoft's scalable cloud and mobile technologies.[5]

The name Avanade is a portmanteau between avenue and promenade.[6]

Acquisitions

Companies acquired by Avanade to expand offerings and market share.

Number	Date	Company	Business	Country	Value (USD)	References
1	March 3, 2003	DCG	Online business consulting and integration	Australia	—	[9]
2	May 27, 2003	G.A. Sullivan	Information technology	United States	—	[10]
3	May 2, 2005	en’tegrat	Microsoft Dynamics specialists	United States	—	[11]
4	November 2, 2007	HOB	Consulting firm	Denmark	—	[12]
5	June 4, 2008	Quadreon	Microsoft Dynamics specialists	Belgium	—	[13]
6	May 18, 2010	Ascentium Corporation	Microsoft Dynamics specialists	United States	—	[14]
7	October 5, 2011	ECONNEX AG	Microsoft Dynamics specialists	Germany	—	[15]
8	December 18, 2012	Azaleos	Managed messaging, collaboration & unified communications services	United States	—	[16]
9	April 28, 2015	KCS.net	Information technology	Switzerland	—	[17]
10	August 3, 2015	CloudTalent	Strategic cloud advisory	United Kingdom	—	[18]
11	February 28, 2017	Infusion	Software engineering and design	United States	—	[19]
12	August 14, 2018	Loud & Clear	Technology and experience design	Australia	—	[20]
13	September 24, 2019	Alnamic AG	Microsoft Dynamics 365 and AX specialists	Germany	—	[21]
14	March 9, 2020	Altius	Data and artificial intelligence specialists	United Kingdom	—	[22]
15	May 5, 2020	Concert	ERP solutions	Italy	—	[23]
16	September 20, 2020	AZEO	Data and AI, cloud and IoT	France	—	[24]

• In 2005, Avanade acquired Chicago-based en’tegrate, a services firm specializing in Microsoft AX deployments.[25]
• In 2007, Avanade acquired Copenhagen-based HOB Business Solutions, a services firm specializing in Microsoft Dynamics AX solutions.[26]
• In 2008, Avanade acquired Ghent, Belgium-based Quadreon, a services firm specializing in Microsoft Dynamics AX solutions.[27]
• In 2010, Avanade acquired the US portion of the CRM practice from Ascentium, a US-based consulting firm.[28]
• In 2011, Avanade acquired Kiel-based eCONNEX AG, a services firm specializing in Microsoft Dynamics CRM solutions.[29]
• In 2012, Avanade acquired Azaleos, a Seattle-based American corporation specializing in managed messaging, collaboration and unified communications services for Microsoft Exchange, Microsoft SharePoint, Microsoft Active Directory and Microsoft Lync and Blackberry Enterprise Server.[30]
• In 2015, Avanade acquired KCS.net, one of the largest Microsoft Dynamics ERP partners in Germany, Switzerland and Austria, a leading Microsoft Dynamics CRM partner and has a fast growing Microsoft SharePoint business.[31]
• In 2015, Avanade acquired CloudTalent, a strategic infrastructure and cloud advisory[32] business headquartered in the United Kingdom [33]
• In 2017, Avanade acquired Infusion Development, a consulting services firm focused on digital transformation, application modernization, and cloud-scale solutions.[34]
• In 2018, Avanade acquired Loud & Clear, an independent enterprise technology and experience design agency headquartered in Melbourne [35]
• In 2019, Avanade acquired Alnamic AG, a specialist in Microsoft Dynamics 365 and AX solutions for German industries [36]
• In 2020, Avanade acquired Altius, a company specializing in AI and data based in the UK [37]
• In 2020, Avanade acquired Concert, a provider of Microsoft Dynamics 365 and AX solutions based in Milan, Italy. [38]
• In 2020, Avanade acquired AZEO, a provider of data and AI, cloud and IoT solutions based in France. [39]

Avanade operates its business in more than 70 cities across North America, Europe, Asia, South America, and the Pacific.

India (IDC), China (CDC) and the Philippines (PDC) supply Avanade with offshore consultants housed in parent company Accenture's delivery centers. Overall, these offshore workers comprise over 40% of Avanade's total workforce. Avanade relies heavily on offshore workers in India, China and other developing countries to help their customers reduce costs.[40][41][42]

Avanade began filing financial reports with the Securities and Exchange Commission in 2006, a requirement for publicly traded companies. Alternatively, filings must be made when the number of security holders exceeded 500, which at the time, Avanade had over 1,100.[43] As of July 1, 2008, Avanade is no longer required to file financial reports with the Securities and Exchange Commission as it has unregistered all securities.

Avanade's business model is heavily dependent on Accenture. Nearly 65% Avanade's revenue comes from Accenture, primarily by serving as a subcontractor to Accenture. In fiscal year 2007, Avanade grew revenues by 23% to $593 million and increased its global number of employees by 22%. Revenues were led by the company's operations in North America (51%), followed by Europe (39%), then Asia Pacific (9%). A significant portion of Avanade's total revenue is obtained by subcontracting for Accenture and Microsoft. In fiscal year 2007, that amounted to more than 70% of total revenue for the company.[40]

Avanade and Accenture have been recognized as the Microsoft Alliance Partner of the Year 15 times, most recently in 2020.[44][45][46]

On 21 July 2020, Avanade confirmed it has entered the Microsoft Intelligent Security Association (MISA), an alliance of autonomous tech suppliers and defense service providers who have partnered with Microsoft Defense to help protect themselves against a environment of increasing cybersecurity threats.[47]