IBM Expands Consulting Services with Acquisition of Advanced’s Application Modernization Assets
IBM has announced its acquisition of application modernization assets from Advanced, a leading provider of mainframe modernization and migration services based in Birmingham, UK. This strategic move aims to bolster IBM’s consulting business, particularly in the realm of mainframe application and data modernization. The acquired assets and services are anticipated to synergize effectively with IBM Watson’s Code Assistant for Z, further enhancing the company’s capabilities in delivering innovative solutions and services.
IBM’s Strategic Move: Enhancing Mainframe Modernization with Advanced Acquisition
IBM continues its thrust into mainframe modernization with the acquisition of application modernization assets from Advanced, a UK-based company specializing in mainframe modernization and migration services. This move aligns with IBM’s commitment to supporting IBM Z systems customers in their application modernization endeavors. The acquired assets, alongside IBM’s watsonx Code Assistant for Z, a generative AI-assisted product, are poised to fortify IBM Consulting’s capabilities. The seasoned employees from Advanced, with over 30 years of experience, bring expertise in diverse sectors, including finance, insurance, automotive, travel, government, utilities, and media. This strategic acquisition underscores the enduring relevance of mainframes, as highlighted in IBM’s annual report, with major global institutions relying on IBM zSystems for critical operations. As IBM’s first acquisition in 2024, this move reflects the company’s ongoing acquisition strategy under CEO Arvind Krishna, who has overseen more than 35 acquisitions since April 2020, strengthening IBM’s consulting, hybrid cloud, and AI capabilities.