Avanade acquires Altius, a UK leader in data and AI solutions for the Microsoft platform to expand industry reach
SEATTLE/LONDON – March 9, 2020
Avanade, the leading digital innovator on the Microsoft ecosystem today announced its acquisition of Altius, a UK based company specializing in data performance management and artificial intelligence (AI) solutions. With additional offices in The Netherlands and India, and a team of 300+ cloud and data specialists, Altius brings industry expertise in solutions for the retail, travel and transport, infrastructure and public sectors. The financial terms of the transaction have not been disclosed.
AI continues to drive transformation across all industries as organizations look to build out cloud capabilities, develop new offerings, reach new audiences, develop additional revenue streams, and realize business efficiencies.
“Harnessing the power of data for business growth is a well-documented opportunity, so we’re delighted that Altius will join us as together we continue to push the boundaries of what clients can achieve with data and AI,” said Andy Gillett, general manager for Avanade UK and Ireland.
The acquisition will bring Avanade additional depth of expertise in data platform, managed services and data visualization capabilities and enhance their ability to deliver AI at scale. Combining Altius’ blend of in-depth technical knowledge and advanced architecture skills with Avanade’s breadth of offerings and its close partnership with Microsoft will enable clients to realize the true value of their business data. In addition, Altius’ expertise in enterprise performance management is a valuable addition to Avanade’s technology capabilities.
“We are delighted to be joining Avanade and today’s news truly supports the next phase of growth for our business,” said Simon Goldsmith, Altius CEO. “We will continue to offer our clients the leading innovative data and AI solutions we are known for, while also extending our offerings to include more business solutions.”
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