Avanade () is a global

professional services Professional services are occupations in the service sector requiring special training in the arts or sciences. Some professional services, such as architects, accountants, engineers, doctors, and lawyers require the practitioner to hold professi ...

company providing

IT consulting In management, information technology consulting (also called IT consulting, computer consultancy, business and technology services, computing consultancy, technology consulting, and IT advisory) is a field of activity which focuses on advising or ...

and

services Service may refer to: Activities * Administrative service, a required part of the workload of university faculty * Civil service, the body of employees of a government * Community service, volunteer service for the benefit of a community or a p ...

focused on the

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...

platform with

artificial intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech re ...

business analytics Business analytics (BA) refers to the skills, technologies, and practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing ne ...

cloud In meteorology, a cloud is an aerosol consisting of a visible mass of miniature liquid droplets, frozen crystals, or other particles suspended in the atmosphere of a planetary body or similar space. Water or various other chemicals may co ...

, application services,

digital transformation Digital transformation is the adoption of digital technology by an organization to digitize non-digital products, services or operations. The goal for its implementation is to increase value through innovation, invention, customer experience or ef ...

, modern workplace, security services,

technology Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, ...

and

managed services Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions, ostensibly for the purpose of improved operations and reduced budgetary expenditures through the r ...

offerings. Headquartered in

Seattle Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest regio ...

, the company has 50,000 employees in 26 countries. Avanade serves 34% of the

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...

and 46% of the

Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed onl ...

History

Avanade was formed on April 4, 2000, as a joint venture between

Accenture Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentur ...

(formerly

Andersen Consulting Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentur ...

) and Microsoft, and today is majority-owned by Accenture. The company maintains the Accenture-Microsoft

alliance An alliance is a relationship among people, groups, or states that have joined together for mutual benefit or to achieve some common purpose, whether or not explicit agreement has been worked out among them. Members of an alliance are called ...

to combine Accenture's consulting with Microsoft's scalable cloud and

mobile technologies Mobile technology is the technology used for cellular communication. Mobile technology has evolved rapidly over the past few years. Since the start of this millennium, a standard mobile device has gone from being no more than a simple two-way pa ...

. The name Avanade is a

portmanteau A portmanteau word, or portmanteau (, ) is a blend of wordsavenue Avenue or Avenues may refer to: Roads * Avenue (landscape), traditionally a straight path or road with a line of trees, in the shifted sense a tree line itself, or some of boulevards (also without trees) * Avenue Road, Bangalore * Avenue Road, ...

and

promenade An esplanade or promenade is a long, open, level area, usually next to a river or large body of water, where people may walk. The historical definition of ''esplanade'' was a large, open, level area outside fortress or city walls to provide cle ...

. On June 6, 2019, Avanade's board of directors appointed Pamela Maynard as CEO beginning on September 1, 2019. On 21 July 2020, Avanade confirmed it has entered the Microsoft Intelligent Security Association (MISA), an alliance of autonomous tech suppliers and defense service providers who have partnered with Microsoft Defense to help protect themselves against an environment of increasing cybersecurity threats. In April 2022, Avanade announced the building of its first US-based engineering center in

Tampa Tampa () is a city on the Gulf Coast of the U.S. state of Florida. The city's borders include the north shore of Tampa Bay and the east shore of Old Tampa Bay. Tampa is the largest city in the Tampa Bay area and the seat of Hillsborough County ...

, Florida, adding around 500 new entry- and senior-level engineering, data and software development jobs over the next three years.

Acquisitions

Corporate affairs

Structure and operations

Avanade operates its business in more than 80 locations across more than 25 countries North America, Europe, Asia, South America, the Middle East and the Pacific. In September 2021, Avanade entered the UAE market with the opening of offices in Abu Dhabi and Dubai. Adriano Neves, Avanade's Sales, Industry and Client Relationships Lead in Brazil, has been appointed to lead the company's newest entity and will relocate from São Paulo to Dubai.

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

(IDC),

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

(CDC) and the

Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

(PDC) supply Avanade with offshore consultants housed in parent company Accenture's delivery centers. Overall, these offshore workers constitute over 40% of Avanade's total workforce. Avanade relies heavily on offshore workers in India, China and other developing countries to help their customers reduce costs.Avanade Annual Report 2007
SEC EDGAR website

Leadership

Avanade is managed by a leadership team of 17 members (2022). Pamela Maynard has served as

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

since September 2019. Mitch Hill, a former

senior partner A partner in a law firm, accounting firm, consulting firm, or financial firm is a highly ranked position, traditionally indicating co-ownership of a partnership in which the partners were entitled to a share of the profits as "equity partners". Th ...

at Andersen Consulting, was the founding CEO until August 31, 2008. Adam Warby held the position from September 1, 2008, to August 31, 2019. Avanade's board of directors has five members (2022). The chairman of the board is Emma McGuigan.

Finances

Avanade began filing

financial reports Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to un ...

with the

Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary purpose of the SEC is to enforce the law against market ...

in 2006, a requirement for

publicly traded companies A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

. Alternatively, filings must be made when the number of security holders exceeded 500, which at the time, Avanade had over 1,100. As of July 1, 2008, Avanade is no longer required to file financial reports with the Securities and Exchange Commission as it has unregistered all securities.

Products and services

Avanade's business model combines leading and delivering Microsoft-based projects contracted by Accenture, and its own direct business where Avanade is the contracting partner. The latter direct business has grown substantially over the past 10+ years in part due to a series of acquisitions, each of which has brought a book of direct business with it. Avanade is also the largest global partner of Microsoft and has grown its direct business continually through this channel.

Accolades

Avanade and Accenture have been recognized as the Microsoft Alliance Partner of the Year 16 times, most recently in 2021.

References

External links

Official page
{{Consulting 2000 establishments in Washington (state) Accenture International information technology consulting firms Information technology consulting firms of the United States American companies established in 2000 Consulting firms established in 2000 Software companies established in 2000 Microsoft acquisitions Joint ventures Software companies based in Seattle Software companies of the United States