Kognitiv Inc. Acquires ClouDevOps to Boost Workday Consultancy Services in Europe
- Kognitiv Inc. acquires ClouDevOps to enhance Workday consultancy services and expand its European client base.
- The acquisition strengthens Kognitiv's focus on post-implementation support for Workday's HCM and Financial Management platforms.
- Kognitiv aims to leverage the growing Workday consultancy market, projected to reach $3.74 billion by 2033.
Kognitiv Inc. Expands Global Reach with ClouDevOps Acquisition
Kognitiv Inc., a dedicated consultancy specializing in Workday services, successfully acquires ClouDevOps (CDO), an Estonian company renowned for its expertise in Workday support across Europe. This acquisition, finalized in the past 72 hours, aligns with Kognitiv’s ambition to emerge as the largest boutique Workday consultancy worldwide. The integration of CDO strengthens Kognitiv's capacity to serve a growing international client base, particularly in Europe, where demand for Workday solutions is surging. By enhancing its operational framework, Kognitiv aims to extend its innovative on-demand service model to a broader market, reinforcing its commitment to client success.
Founded in 2016, Kognitiv currently manages over 400 Workday clients, which include industry leaders like Spotify and Finastra. The firm has carved a niche by focusing on post-implementation services rather than merely initial deployment, which is the traditional focus of many consultancies. This unique approach allows Kognitiv to help clients maximize their investments in Workday's Human Capital Management (HCM) and Financial Management platforms. The acquisition of CDO is a strategic move aimed at enriching Kognitiv's service offerings for European users, allowing them to leverage the company’s flexible, high-impact service model.
The Workday consultancy market is on a robust growth trajectory, projected to reach $1.54 billion by 2025 and $3.74 billion by 2033. With Europe now accounting for over 20% of its customer base, Kognitiv recognizes the need to expand its footprint in the region. The acquisition facilitates this expansion across ten countries, including the U.S., Canada, and the U.K., while offering support in five languages. Mark Grignon, Co-Founder of Kognitiv, expresses enthusiasm for the acquisition, highlighting the synergistic strengths of both companies and the potential to better serve clients navigating the complexities of Workday.
In addition to expanding its geographical reach, Kognitiv’s partnership with CDO has been fruitful in recent years, particularly through collaborations like the resale of Rooster, a Workday interview scheduling tool. This strategic acquisition not only enhances Kognitiv’s capabilities but also positions the firm to address the increasing demand for innovative Workday solutions in the evolving consultancy landscape. As Kognitiv continues to redefine the consultancy model, its focus on post-implementation support sets it apart in a competitive market.