Tag: Avanade

Avanade research uncovers AI skills gap

Avanade has published a report on the state of artificial intelligence (AI) skills in the business world.

The report, entitled “AI and Me: The Skills Gap”, reveals that while most organisations recognise the value and potential of AI, they lack the talent and expertise to use it fully.

According to the report, which surveyed over 1,200 senior decision-makers across 12 countries, 85 per cent of respondents agree that AI is essential for their organisation’s competitiveness and growth. However, only 16 per cent of respondents say they have enough AI skills in their workforce, and 69 per cent say they face a moderate to extreme AI skills gap.

Quantiq snapped up by Avanade

Woodridge, IL, USA — Great White Shark Opening Mouth — Image by © Denis Scott/Corbis

The M&A tsunami hasn’t stopped. Microsoft Dynamics specialist Quantiq has been acquired by global giant Avanade.

CEO and founder Stuart Fenton will exit the London-based firm in mid-November, adding that the decision to sell up to Avanade would allow the company to more quickly realise its “ambitious” goals. Fenton has been behind the desk for more than eight years.

Avanade said combining Quantiq ERP customer experience with its expertise across the Microsoft platform would allow clients to benefit from solutions that will help accelerate digital transformation across all industry sectors, globally.

“This is an enormous market growing at a terrific rate. We had some big ambitions, and it was going to take some years to reach them, so it made enormous sense to join Avanade and instantly get the benefit of their depth of resources, financial strength, and geographic coverage”, Fenton said.