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Avanade
Global professional services company From Wikipedia, the free encyclopedia
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Avanade (/ˈævənɑːd/) is a global professional services company providing IT consulting and services focused on the Microsoft platform with artificial intelligence, business analytics, cloud, application services, digital transformation, modern workplace, security services, technology and managed services offerings.[4] Headquartered in Seattle, the company has 50,000 employees in 26 countries. Avanade serves 34% of the Fortune 500 and 46% of the Fortune Global 500.[3]
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History
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Avanade was formed on April 4, 2000, as a joint venture between Accenture (formerly Andersen Consulting) and Microsoft, and today is majority-owned by Accenture. The company maintains the Accenture-Microsoft alliance to combine Accenture's consulting with Microsoft's scalable cloud and mobile technologies.[5] The name Avanade is a portmanteau between avenue and promenade.[6]
Pamela Maynard took over from Adam Warby as CEO beginning on September 1, 2019.[7]
In July 2020, Avanade joined 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.[8]
In April 2022, Avanade announced the building of its first US-based engineering center in Tampa, Florida, adding around 500 new entry- and senior-level engineering, data and software development jobs over the next three years.[9]
In September 2024, Rodrigo Caserta has stepped into the role as CEO of Avanade as Pamela Maynard has accepted a new role as Chief AI Transformation Officer for Microsoft Customer and Partner Solutions (MCAPS). Pamela Maynard has been with Avanade for 16 years.
Acquisitions
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Corporate affairs
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Structure and operations
Avanade operates its business in more than 80 locations across more than 26 countries North America, Europe, Asia, South America, the Middle East and the Pacific.[30]
India (IDC), China (CDC) and the Philippines (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.[31][32][33]
Leadership
Avanade is managed by a leadership team of 17 members (2022). Pamela Maynard served as CEO from September 2019 to October 2024.[7] Mitch Hill, a former senior partner at Andersen Consulting, was the founding CEO until August 31, 2008.[34] Adam Warby held the position from September 1, 2008, to August 31, 2019.[2]
Avanade's board of directors has five members (2022). The chairman of the board is Emma McGuigan.[35]
Finances
Avanade began filing financial reports with the Securities and Exchange Commission in 2006, a requirement for publicly traded companies. Alternatively, filings must be made when the number of security holders exceeded 500, which at the time, Avanade had over 1,100.[36] 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.
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Accolades
Avanade and Accenture were the Microsoft Alliance Partner of the Year for the 18th time in 2023.[37]
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References
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