Application Software Technology deep public sector skills in the US and UK support customers’ Oracle Cloud Application transformations
ARMONK, NY, January 16, 2025 /PRNewswire/ — IBM (NYSE: IBM) today announced its intention to acquire Applications Software Technology LLC1a global Oracle consulting firm. Applications Software Technology brings deep expertise in driving business transformations with Oracle Cloud Applications, including for public sector customers such as local government and K-12 education.
Public sector cloud transformations often face challenges such as difficulty transitioning legacy systems, limited skills, or high security and compliance requirements. This acquisition will further enhance IBM’s Oracle solutions to help customers across North Americathe United Kingdom and Ireland solve these complexities and achieve lasting results in their digital transformations with Oracle Cloud Applications. It will be based on the IBM 2024 project acquisition of Accelalphathereby expanding IBM’s ability to help clients deploy, manage and generate value from their Oracle cloud solutions.
“Government customers’ cloud transformations often require a consulting partner with industry, domain and technology expertise,” said Kelly Chamblisssenior vice president, IBM Consulting, Americas. “The acquisition of Applications Software Technology will strengthen IBM’s capabilities in the public sector and Oracle Cloud Application to help clients confidently manage their business transformations.
Applications Software Technology’s extensive consulting team provides expertise across the Oracle Cloud applications suite, specifically around Oracle Fusion Cloud Enterprise Resource Management (ERP), including Enterprise Performance Management (EPM), Oracle Cloud Human Capital Management (HCM) and Oracle Fusion Configure, Price, Quote (CPQ), as well as Oracle Cloud Infrastructure (OCI), JD Edwards and NetSuite. Applications Software Technology also brings expertise and partnerships with Salesforce and MuleSoft, specializing in solutions for the public sector and more.
This acquisition supports IBM’s open ecosystem approach that allows us to meet customers where they are, bringing together all the necessary technologies and expertise within our growing partner ecosystem to solve the customer challenge.
Applications Software Technology has been an Oracle partner since 1996 and a leading provider of Oracle solutions covering areas such as business process redesign and Oracle Cloud deployment. In addition to its strong presence in the public sector, Applications Software Technology also serves commercial customers in the manufacturing, energy and consumer packaged goods industries.
“We are excited to join IBM and unlock new opportunities for our people and develop transformative solutions to deliver business outcomes for our clients,” said Justin WinterCEO, Applications Software Technology. “Applications Software Technology and IBM have complementary capabilities, customer relationships, service offerings and values around our people, innovation and commitment to customer success. Together, we will continue to grow on the cloud transformation solutions market.”
Based in Lisle, ILApplications Software Technology has teams in the United States, United Kingdom, Canada And India. Notable past acquisitions contributing to its 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 closing, Applications Software Technology will join IBM Consulting.
The partnership between IBM and Oracle spans nearly 40 years. IBM has been named a Leader in the IDC MarketScape 2023 for the Oracle Implementation Services Global Ecosystem.2.
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 on application software technology, visit https://astcorporation.com/
About IBM
IBM is a leading global provider of hybrid cloud and AI and consulting expertise. We help our customers in more than 175 countries leverage insights from their data, streamline their business processes, reduce costs, and gain a competitive advantage in their industries. Thousands of governments and enterprises in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM and Red Hat OpenShift’s hybrid cloud platform to drive digital transformations quickly, efficiently and securely. IBM’s groundbreaking innovations in AI, quantum computing, industry-specific cloud solutions and consulting provide open and flexible options for our clients. All of this builds on IBM’s long-standing commitment to trust, transparency, accountability, inclusiveness and service. Visit www.ibm.com for more information.
Media contact
Michelle Mattelson
IBM External Relations
(email protected)
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: Oracle Implementation Services Global Vendor Assessment 2023 (doc no. US49837623, August 2023)
SOURCE IBM
