Programming

PriceWaterhouseCoopers (PwC) Acquires AWS, Microsoft Azure Cloud Consulting Companies

PriceWaterhouseCoopers (PwC) has acquired two cloud consulting corporations focusing on Amazon Internet Companies (AWS) and Microsoft Azure. Monetary phrases of the offers weren’t disclosed.

The primary deal entails PwC Center East making a strategic funding in Zero&One. The second deal concerned PwC US shopping for Purposes Consulting Coaching Options (ACTS).

These are know-how M&A deal quantity 589 and 590 that ChannelE2E has lined to date in 2022.

PwC Makes a Pair of Cloud Consulting Acquisitions

PwC, primarily based in London, was based in 1998 via the merger of Coopers & Lybrand. The corporate has 277,846 staff listed on LinkedIn. PwC’s areas of experience embrace assurance, tax and advisory companies, IT consulting, cybersecurity and managed safety companies.

PwC’s newest acquisitions contain:

  • Zero&One, based in 2017, is predicated in Dubai, United Arab Emirates with an extra location in Beirut, Lebanon. The corporate has 41 staff listed on LinkedIn. Zero&One’s areas of experience embrace cloud, AWS, huge knowledge, blockchain, cloud migration, catastrophe restoration, backup, growth, IaaS, SaaS, machine studying, synthetic intelligence, excessive availability, fault-tolerance, authorities cloud, sensible metropolis and IoT.
  • ACTS has 152 staff and is predicated in Jacksonville, Florida. ACTS areas of experience embrace cloud, Microsoft Azure, cloud engineering and know-how options. The acquisition of ACTS will lengthen the attain of PwC’s cloud expertise in monetary companies and speed up cross-industry modernization of Microsoft cloud companies, the businesses stated.

PwC Acquisitions: Government Views

Ali Hosseini, chief digital officer, accomplice, PwC

Ali El Kontar, CEO, Zero&One

Ali Hosseini, chief digital officer and accomplice, PwC Center East, commented on the Zero&One funding:

“The funding in Zero&One grows our cloud functionality and current proposition at a time the place AWS has dedicated to opening plenty of AWS knowledge facilities within the UAE. Investing in Zero&One, the primary and solely native AWS Premier Accomplice within the Center East, offers us end-to-end cloud transformation functionality, from technique to execution. With bilingual capabilities and a presence within the UAE and Lebanon, we’re assured that this funding additional permits PwC to serve purchasers higher within the area and discover new alternatives round cloud migration, modernization and cloud-native companies.”

Ali El Kontar, president, Zero&One commented:

“We’re excited and humbled to have PwC on board with us, particularly given the exceedingly in style and in demand attitudes across the companies we provide, from cloud migrations to software modernization, DevOps, Analytics and way more, along with our mutual deal with being people-driven companies. We’re assured this funding will allow us to present much more to our clients, whereas taking this chance to develop within the area and scale to help digital adoption that’s rising exponentially.”

Matt Hobbs, Microsoft follow chief, PwC

James Farhat, CEO and founder, ACTS

Matt Hobbs, PwC US Microsoft follow chief, commented on the ACTS acquisition:

“We imagine within the energy of the cloud to unlock innovation and worth — and ship sustained enterprise outcomes. Business-specific options are an essential a part of PwC’s cloud companies technique, which is why we’re so excited to work with James Farhat and your entire ACTS staff. Our strategy to Azure is {industry} cloud-first to assist our purchasers tackle their most urgent and essential challenges that face monetary companies corporations every single day.”

James Farhat, ACTS founder and CEO, added:

“The cloud is frequently evolving, which means there’s a ton of alternative for additional innovation and development. I’m extremely happy with what we have constructed at ACTS and am excited for the subsequent chapter. Collectively, PwC and ACTS will purpose to assist corporations innovate quicker and speed up their cloud journey, delivering robust outcomes for purchasers and persevering with to be an {industry} chief all through the monetary companies house and past.”

PwC’s M&A Exercise

PwC stays energetic within the M&A market, buying a variety of know-how service suppliers, IT consultants, MSPs and cybersecurity corporations. ChannelE2E maintains a often up to date record of PwC acquisitions and investments, and their areas of focus right here.

Most lately, PwC acquired Netrovert, a consultancy that focuses on enterprise integration, totally on the Salesforce MuleSoft platform. PwC acquired Venerate Options for Salesforce cloud consulting experience in June 2022. In Might 2022, the agency acquired ID-Seek the advice of/METUS and eilersconsulting for provide chain administration. In April 2022, PwC acquired Pollen8, a know-how consultancy centered on sustainability and inexperienced initiatives. In March 2022 the agency acquired a minority stake in Cybus GmbH, an industrial internet-of-things (IIoT) software program firm and in January 2022 acquired SAP provide chain software program professional Olivehorse.