At a time when enterprise investment plans have come screeching to a halt, the appetite for cloud services has – in contrast – increased significantly. The growth, primarily fuelled by a desperate need to pivot enterprise infrastructure to enable remote and decentralized working, has put an already strained talent market under even more pressure.
It’s no surprise then to see one of the most acquisitive IT firms on the planet loosen the purse strings again to bolster its cloud services practice. With Gekko, which Accenture has just finalized acquiring, clients can look forward to the addition of another 100 AWS certified delivery professionals to help them meet their strategic ambitions—supplementing Accenture’s sizeable pool of more than 8000 AWS trained professionals, who hold over 5,500 AWS certifications globally. Gekko, based in France, has a strong track record of delivering services to French businesses, boasts clients including BNP Paribas, Spie, and Invoxis.
Aside from the insatiable appetite of enterprise leaders for cloud services, there is also a growing demand for localized talent as businesses shift sourcing models towards onshore and nearshore for high-value activities. The acquisition of Gekko helps further cement Accenture’s position in Western Europe, particularly in France, Belgium, and the Netherlands, where the firm already has a large client base.
Bottom Line: Building out local cloud talent pools is an essential step to cornering key markets
With a punishingly competitive talent war in the cloud space continuing to rattle the delivery capabilities of services firms, inorganic growth is an essential investment for those firms keen to keep up with enterprise demand. Combined with the growing demand for onshore and nearshore talent, Accenture’s acquisition of Gekko is a smart move, helping the firm to gain more traction in an essential and rapidly growing market in France and Benelux.
It’s likely we’ll see more firms in the space loosen the purse strings to bolster their cloud capabilities as the services market continues to grow at break-neck speed.
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