Additional expertise and capabilities will benefit organizations seeking to drive efficiencies, improve productivity and make better business decisions.
Avanade, the leading digital innovator on the Microsoft ecosystem, today announced its acquisition of Concert, a provider of Microsoft Dynamics 365 and AX solutions based in Milan, Italy. Concert's team of more than 100 experts brings deep industry expertise in creating ERP and CRM solutions, particularly for the retail and manufacturing sectors. The financial terms of the transaction were not disclosed.
With a modular approach focused on flexibility and personalization, Concert has a long-standing reputation for helping businesses drive smarter decision making through the implementation of Dynamics 365 and AX. In joining Avanade, Concert clients will now have access to additional digital transformative services to support building out cloud capabilities and creating a more agile business. This is increasingly relevant in today's world as businesses look to re-establish business continuity, develop additional revenue streams, optimize costs and realize business efficiencies.
Through this acquisition, Avanade Italy will enhance its Microsoft Dynamics 365 capabilities, creating a specialist pool of more than 300 professionals with expertise in ERP, CRM and digital marketing. These skills will help the business tailor offerings to priority sectors, such as manufacturing, retail, utilities and those most affected by the current COVID-19 crisis. The company will also bolster its presence across Italy, with the addition of Concert's offices in three new cities - Padova, Bologna and Perugia - providing better support for clients locally and enabling future growth.
'Concert is joining our growing Avanade family at a time when we're focused on helping clients navigate an unprecedented time of change,' said Pamela Maynard, chief executive officer of Avanade. 'Microsoft Dynamics is a key enabler of accurate and quick decision making, which will be critical as organizations look to build resilience for the future. I'm looking forward to the contributions that Concert will make as we continue to leverage the Microsoft ecosystem together.'
'I am extremely proud of the company we have built. Today's announcement allows us to embark on a new evolutionary path for our business, a business that will be even stronger together with Avanade,' said Ilio Sanguin, president of Concert. 'We will continue to offer our customers the competence and dedication that have characterized our growth and success. Added to this will be the ability to provide access to the full range of digital technologies and business solutions offered by Avanade.'
This is the second Microsoft Dynamics 365 acquisition for Avanade in the last eight months. In October 2019, the company acquired Alnamic, a leader in industry specific solutions based on Microsoft Dynamics 365 and AX based in Germany. Also, in March 2020, Avanade acquired Altius, a leading data and AI solutions provider with a presence in the UK and The Netherlands.
Avanade is the leading provider of innovative digital and cloud services, business solutions and design-led experiences on the Microsoft ecosystem. Our professionals bring bold, fresh thinking combined with technology, business and industry expertise to help make a human impact on our clients, their customers and their employees. We are the power behind the Accenture Microsoft Business Group, helping companies to engage customers, empower employees, optimize operations and transform products, leveraging the Microsoft platform. Avanade has 38,000 professionals in 25 countries, bringing clients our best thinking through a collaborative culture that honors diversity and reflects the communities in which we operate. Majority owned by Accenture, Avanade was founded in 2000 by Accenture LLP and Microsoft Corporation. Learn more at?www.avanade.com.
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