November 29, 2022

M-Dudes

Your Partner in The Digital Era

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

PriceWaterhouseCoopers (PwC) has acquired two cloud consulting corporations that specialize in Amazon Internet Expert services (AWS) and Microsoft Azure. Money phrases of the bargains have been not disclosed.

The very first offer entails PwC Center East generating a strategic financial commitment in Zero&A single. The 2nd offer concerned PwC US buying Applications Consulting Coaching Options (Acts).

These are technological know-how M&A offer selection 589 and 590 that ChannelE2E has covered so far in 2022.

PwC Tends to make a Pair of Cloud Consulting Acquisitions

PwC, based mostly in London, was started in 1998 by the merger of Coopers & Lybrand. The organization has 277,846 staff detailed on LinkedIn. PwC’s regions of abilities consist of assurance, tax and advisory products and services, IT consulting, cybersecurity and managed stability services.

PwC’s most current acquisitions entail:

  • Zero&1, established in 2017, is primarily based in Dubai, United Arab Emirates with an more site in Beirut, Lebanon. The company has 41 workers mentioned on LinkedIn. Zero&One’s parts of know-how contain cloud, AWS, big data, blockchain, cloud migration, disaster restoration, backup, improvement, IaaS, SaaS, equipment understanding, synthetic intelligence, substantial availability, fault-tolerance, authorities cloud, sensible city and IoT.
  • Functions has 152 workers and is centered in Jacksonville, Florida. Acts spots of expertise involve cloud, Microsoft Azure, cloud engineering and technological know-how options. The acquisition of Acts will increase the arrive at of PwC’s cloud experience in fiscal providers and accelerate cross-business modernization of Microsoft cloud companies, the corporations said.

PwC Acquisitions: Government Perspectives

Ali Hosseini, main electronic officer, companion, PwC

Ali El Kontar, CEO, Zero&1

Ali Hosseini, main electronic officer and husband or wife, PwC Center East, commented on the Zero&A person expenditure:

“The expenditure in Zero&A person grows our cloud functionality and current proposition at a time in which AWS has committed to opening a number of AWS details facilities in the UAE. Investing in Zero&A single, the very first and only community AWS Premier Companion in the Middle East, offers us conclusion-to-finish cloud transformation capacity, from tactic to execution. With bilingual capabilities and a presence in the UAE and Lebanon, we’re self-confident that this expenditure more enables PwC to provide purchasers improved in the area and examine new options about cloud migration, modernization and cloud-indigenous products and services.”

Ali El Kontar, president, Zero&A single commented:

“We are psyched and humbled to have PwC on board with us, specially provided the exceedingly preferred and in need attitudes around the solutions we provide, from cloud migrations to application modernization, DevOps, Analytics and considerably extra, in addition to our mutual emphasis on currently being people-pushed companies. We are confident this financial investment will allow us to give even a lot more to our prospects, though taking this chance to extend in the region and scale to support electronic adoption that is escalating exponentially.”

Matt Hobbs, Microsoft practice leader, PwC

James Farhat, CEO and founder, Acts

Matt Hobbs, PwC U.S. Microsoft practice chief, commented on the Functions acquisition:

“We believe in the electric power of the cloud to unlock innovation and price — and supply sustained business outcomes. Market-unique alternatives are an critical part of PwC’s cloud products and services technique, which is why we are so thrilled to operate with James Farhat and the entire Functions workforce. Our strategy to Azure is industry cloud-first to assist our customers address their most pressing and vital difficulties that encounter economical services firms each and every day.”

James Farhat, Functions founder and CEO, added:

“The cloud is frequently evolving, this means there is a ton of prospect for even more innovation and development. I am incredibly very pleased of what we have created at Acts and am fired up for the subsequent chapter. Jointly, PwC and Functions will purpose to assistance providers innovate more rapidly and speed up their cloud journey, delivering strong outcomes for clients and continuing to be an marketplace chief throughout the money services room and past.”

 

PwC’s M&A Exercise

PwC continues to be lively in the M&A marketplace, obtaining a array of technological innovation service vendors, IT consultants, MSPs and cybersecurity companies. ChannelE2E maintains a consistently updated list of PwC acquisitions and investments, and their regions of target below.

Most a short while ago, PwC obtained Netrovert, a consultancy that focuses on organization integration, largely on the Salesforce MuleSoft platform. PwC obtained Venerate Alternatives for Salesforce cloud consulting expertise in June 2022. In May 2022, the agency acquired ID-Seek the advice of/METUS and eilersconsulting for source chain management. In April 2022, PwC acquired Pollen8, a engineering consultancy centered on sustainability and environmentally friendly initiatives. In March 2022 the firm acquired a minority stake in Cybus GmbH, an industrial web-of-items (IIoT) software program company and in January 2022 acquired SAP offer chain program skilled Olivehorse.