Applications Software Technology’s deep US and UK public sector skills help clients transform their Oracle Cloud applications
Armonk, New York, January 16, 2025 /PRNewswire/ — IBM (NYSE: IBM) today announced its intention to acquire Applications Software Technology LLC1, a global Oracle consulting firm. Application Software Technology brings deep expertise to power business transformation with Oracle Cloud Applications, including public sector clients such as local government and K-12 education.
Public sector cloud transformations often face challenges such as difficulty migrating legacy systems, missing skills, or high security and compliance requirements. This acquisition further strengthens IBM’s Oracle solutions to help clients in all areas. North AmericaUK, and Ireland Address these complexities and drive lasting results from your digital transformation with Oracle Cloud Applications. It builds on IBM’s acquisition of Accelalpha in 2024 and expands IBM’s ability to help clients deploy, manage and drive value from Oracle cloud solutions.
“Cloud transformation for public sector clients often requires a consulting partner with industry, domain and technology expertise,” he said. kelly chamblissSenior Vice President, Americas, IBM Consulting. “The acquisition of Applications Software Technology expands IBM’s public sector and Oracle Cloud Applications skills, enabling our clients to transform their businesses with confidence.”
Applications Software Technology’s large team of consultants specializes in the entire Oracle Cloud Applications Suite, specifically Oracle Fusion Cloud Enterprise Resource Management (including Enterprise Performance Management (EPM), Oracle Cloud Human Capital Management (HCM), Oracle Fusion Configure, and pricing). ERP) expertise. , Quote (CPQ), Oracle Cloud Infrastructure (OCI), JD Edwards, and NetSuite. Applications Software Technology also brings expertise and partnerships with Salesforce and MuleSoft, specializing in public sector solutions and more.
This acquisition supports IBM’s open ecosystem approach, allowing us to meet our customers where they are and bring together the technology and expertise we need across our growing partner ecosystem to solve our customers’ challenges. will be able to solve.
Applications Software Technology has been an Oracle partner since 1996 and is a leading provider of Oracle solutions covering areas such as business process redesign and Oracle Cloud deployments. In addition to a strong presence in the public sector, Applications Software Technology also serves commercial clients in the manufacturing, energy, and consumer goods industries.
“We are excited to join IBM and expand our innovative solutions that open new opportunities for our employees and deliver business outcomes for our customers.” Justin WinterApplication Software Technology CEO. “Application Software Technology and IBM have complementary capabilities, customer relationships, employee-centric service delivery and value, innovation, and a commitment to customer success. Together, we , we will continue to grow in the market for cloud transformation solutions.”
Head office location Lisle, IllinoisApplications Software Technology has teams in the US and UK. Canada and India. Notable past acquisitions that have contributed to the company’s growth include Symatrix Limited, 9EDGE Inc., and Computer Technology Resources Inc. Applications Software Technology is currently a portfolio company of funds managed by Recognize Partners LP. Upon completion of the acquisition, Applications Software Technology will join IBM Consulting.
IBM and Oracle’s partnership spans nearly 40 years. IBM named a 2023 IDC MarketScape Leader for Oracle Implementation Services Ecosystem Worldwide2.
The acquisition is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals. Financial details of the transaction were not disclosed.
For more information about application software technology, please visit https://astcorporation.com/.
About IBM
IBM is a leading provider of global hybrid cloud, AI, and consulting expertise. We help clients in more than 175 countries leverage insights from data to streamline business processes, reduce costs, and gain a competitive edge in their industries. Thousands of governments and corporations in critical infrastructure sectors such as financial services, telecommunications, and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to digitally transform quickly, efficiently, and securely. Masu. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting provide open and flexible options for our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, accountability, inclusion, and service. For more information, visit www.ibm.com.
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1 Applications Software Technology LLC refers to the four companies included in this acquisition: Applications Software Technology LLC, its subsidiaries 9Edge and Computer Technology Resources, and Symatrix Limited.
2 IDC MarketScape: Worldwide Oracle Deployment Services 2023 Vendor Assessment (doc# US49837623, August 2023)
Source IBM
