IBM has announced the acquisition of Hakkoda Inc., a US-based global data and AI (Artificial Intelligence) consultancy, to bolster IBM Consulting’s portfolio in data transformation services. Hakkoda’s expertise will be incorporated to help clients obtain data infrastructures for AI-driven business operational efficiency. This acquisition strengthens IBM’s ability to meet the rapidly growing demand for data services.
The acquisition was completed on April 2, 2025, and financial details of the transaction were not shared.
Hakkoda is a premier partner of Snowflake and has the leading ability to modernize, migrate, and monetize complex data ecosystems. It brings a strong portfolio of generative AI-powered assets that can speed up data modernization projects. By integrating Hakkoda’s capabilities, IBM enhances its consulting services and AI offerings through the AI-powered delivery 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.”
“From the beginning, Hakkoda has committed to being ‘in the arena’, not observing the greatest transformation in history but shaping it,” said Erik Duffield, CEO and Co-founder of Hakkoda. “It is because of this that we are excited to join IBM at this critical moment when organizations are looking for a trusted partner to help them modernize their data for the AI era. IBM’s heritage of innovation, their commitment to discovery and deep partnerships with clients on their most technical challenges is a perfect pairing to take Hakkoda’s industry focused modern data consulting to the global marketplace.”
A report by IDC estimates that businesses around the world will spend about $169 billion on enterprise intelligence services initiatives. This spending is predicted to grow significantly, reaching over $243 billion by 2028.
Hakkoda is headquartered in New York and brings hundreds of experts across the United States, Latin America, India, Europe, and the United Kingdom to IBM Consulting.
Also Read: Your Data, Their Gold: The Silent Battle for Digital Freedom
