IBM has announced the acquisition of Hakkoda Inc., a global data and AI consultancy, to expand IBM Consulting’s data transformation services. Hakkoda’s expertise will enhance IBM’s ability to help clients modernize their data estates and unlock the full potential of AI-driven business operations.
As a recognized leader in data modernization and an award-winning Snowflake partner, Hakkoda brings significant capabilities in data migration, modernization, and monetization. This strategic move enables IBM to support growing client demand for integrated, cost-efficient, and scalable enterprise data platforms across industries.
Hakkoda also delivers a suite of generative AI-powered tools designed to accelerate data transformation initiatives. These tools, combined with the company’s deep experience in financial services, healthcare and life sciences, and the public sector, will reinforce IBM’s mission to drive business transformation using its AI-powered platform, IBM Consulting Advantage.
“IBM is at the leading edge of the consulting industry with how we’re supercharging our consultants with AI,” said Mohamad Ali, Senior Vice President and Head of IBM Consulting. “With Hakkoda’s data expertise, deep technology partnerships and asset-centric delivery model, IBM will be even better positioned to deliver value faster to clients as they transform with AI.”
Erik Duffield, CEO and Co-founder of Hakkoda, added, “From the beginning, Hakkoda has committed to being ‘in the arena’, not observing the greatest transformation in history but shaping it. We are excited to join IBM at this critical moment when organizations are looking for a trusted partner to help modernize their data for the AI era.”
According to IDC, global spending on enterprise intelligence services is projected to reach $243 billion by 2028, growing at a five-year CAGR of 13%. As organizations pursue AI innovation, effective data migration strategies and modern cloud-based platforms are becoming essential to success.
Hakkoda, a 2024 Snowflake Healthcare & Life Sciences Services Partner of the Year and 2023 Snowflake Americas System Integrator Innovation Partner of the Year, also holds an advanced-tier partnership with AWS. The company brings hundreds of certified experts across the U.S., Latin America, India, Europe, and the U.K. into IBM Consulting’s global network.
The acquisition closed on April 2, 2025. Financial terms were not disclosed.