Orange Business Services has just completed the acquisition of consulting firm InovenAltenor. The acquisition confirms Orange Business Services' ambitions in supporting companies in the strategic domain of digital transformation and the positioning of Orange Consulting, its consulting arm that specializes in this domain.
InovenAltenor was founded in 2005 and provides consulting services in management, innovation and transformation. With 60 employees, it is currently one of the top French firms in digital transformation, cross-channel customer relations and IT transformation program management.
InovenAltenor has a very broad customer base primarily serving large French companies and digital start-ups working in financial services, online commerce and energy. In 2012, InovenAltenor recorded turnover of nearly €10 million.
InovenAltenor will join Orange Business Services' wholly-owned subsidiary Orange Consulting, which guides French and foreign companies alike through the various stages of digital transformation, including digital application strategies, innovative business models, customer experience, cloud migration, security and change management. Created in 2009, Orange Consulting has 200 consultants working with start-ups, SMEs, large corporations and government agencies.
"Digital transformation represents considerable stakes for businesses," said Thierry Bonhomme, CEO of Orange Business Services. "This acquisition consolidates and enhances invaluable expertise that helps our customers plan high added-value projects. We are extremely proud to welcome the InovenAltenor teams to Orange Business Services."
"After three years of double-digit organic growth, this acquisition truly fortifies Orange Consulting's strategy and objectives," said Jean-Pierre Lemaire, Managing Director of Orange Consulting. “InovenAltenor's activities complement ours, creating an opportunity to widen the spectrum of our expertise and support our customers as they navigate technologies and business lines.”
"This move strengthens our position as the leader in business transformation and gives our company the depth it needs for future growth, so it can tackle the future with far greater aspirations," said Jean-Philippe Couturier, CEO of InovenAltenor. “All of our employees are especially motivated by the new strategic role InovenAltenor has been given to contribute to Orange Business Services' growth.”