Swedish data science consultancy Advectas joins Capgemini

25 February 2020 Consultancy.eu 3 min. read

Advectas, a Swedish business intelligence and data science company, has been acquired in full by Capgemini. 

The integration sees a team of around 200 IT consultants and technology experts based across four offices in Sweden – Stockholm, Goteborg, Malmo and Jonkoping – and one in Denmark (Copenhagen) join the French-origin global IT services giant.

Advectas was founded in 2006 and has since grown into one of the larger players dedicated to data science and analytics consulting and implementation, specialised in helping its clients make better business decisions based on data-driven insights. The privately-held firm works for a roster of large corporates, including half of Sweden’s 200 largest companies such as Apotek, Filippa K, Handelsbanken, H&M, Ikea, Skandia, Volvo and Vattenfall.

According to Stefan Olsson, CEO and President of Advectas, the firm had however reached a stage where its client-base “wanted us to expand and evolve our services and solutions for their global marketplaces”. This in part motivated the decision to join forces with a global player with a strong heritage in the information technology landscape.

Ivar Aune and Stefan OlssonHaving looked into a number of possible tie-ups, Capgemini came out on top as the preferred partner. Olsson: “The cultural fit between Advectas and Capgemini was a major consideration for us. In Capgemini we saw a number of fundamental values that mirror our own, such as team spirit, freedom and trust, as well as a deeply collaborative mindset.” 

Meanwhile, for Capgemini, which has some 225,000 employees globally, the bolt-on significantly strengthens its presence in the Nordics, and deepens its expertise in the fast growing market for data management and analytics. 

Ivar Aune, a leader in Capgemini’s Swedish organisation, said; “Advectas brings to Capgemini a further presence in cities across Sweden and Denmark, a strong track record in helping clients to monetise data, as well as deep and significant relationships in the Scandinavian business intelligence space. We are delighted to welcome them.” 

Advectas has been integrated into Capgemini’s Insights & Data business unit, which houses a total of about 16,000 consultants worldwide. In Scandinavia the unit has just over 400 consultants and digital experts. 

The move comes a week after Capgemini acquired Purpose, a100-strong social impact firm headquartered in the United States. Purpose is now part of Capgemini Invent, the company’s consulting division. Last year Capgemini purchased among others Konexus Consulting in Germany and Altran for €3.6 billion, in what is the firm’s largest acquisition ever.