IBM Acquires Hakkoda to Strengthen AI Consulting Strategy Across Key Industries

IBM acquires data consultancy Hakkoda to boost AI services in finance, healthcare, and the public sector.
Matilda
IBM Acquires Hakkoda to Strengthen AI Consulting Strategy Across Key Industries
AI continues to reshape how businesses function, and I’m seeing IBM go all in on this transformation. In a major step that reflects its long-term investment in artificial intelligence and data services, IBM has officially acquired Hakkoda — a rising New York-based data and AI consultancy that’s been making waves since 2021. Image:Google Let me break down what this means for IBM, Hakkoda, and the future of AI consulting. Why IBM Acquired Hakkoda From my perspective, IBM's acquisition of Hakkoda is more than just a business deal — it’s a calculated move to scale AI-powered consulting for complex industries. As Mohamad Ali, Senior VP and head of IBM Consulting, said, this acquisition will allow IBM to "deliver value faster" to clients in sectors like healthcare, financial services, public infrastructure, and life sciences. And it’s not hard to see why IBM made this move. Hakkoda brings deep experience in modern data transformation — especially through Snowflake, one of the most w…