Fujitsu Limited and Fujitsu Thailand Limited announced the acquisition of Innovation Consulting Services (ICS), a Thailand-based SAP consultancy. Fujitsu's capabilities in SAP consulting and managed services in the Asia Pacific region will be strengthened as a result of the acquisition. This is Fujitsu Limited's seventh acquisition since 2021, as part of its programmatic M&A strategy to achieve its ambition of becoming a global leader in Digital Transformation.
ICS, which was founded in 2002, will directly support Fujitsu's portfolio transformation and will strengthen future offerings for "Business Applications," one of seven Key Focus Areas (KFAs) within Fujitsu's global Uvance portfolio. Fujitsu's SAP capabilities in the Uvance cross-industry verticals of Sustainable Manufacturing, Consumer Experience, Trusted Society, and Healthy Living will be strengthened as a result of the acquisition.
The acquisition draws on Fujitsu and ICS' shared wealth of SAP experience, expertise and professional track records to enhance competitiveness and strengthen SAP business capabilities in the region. These synergies will make it possible to quickly deliver comprehensive SAP offerings to new customers and further contribute to SAP business by leveraging our respective strengths, as well as to continue providing each company's existing SAP offerings to current customers.
"I am delighted that Fujitsu is investing in an ASEAN-based technology company, supporting ICS' business expansion," said Graeme Beardsell, CEO of Fujitsu Asia Pacific. ICS employs highly skilled SAP consultants in Thailand, Singapore, and other ASEAN countries, solidifying Fujitsu's position in the APAC SAP services market.SAP is a critical component of our growth strategy and global KFAs, making significant contributions to our customers' Digital Transformation (DX) and Sustainability Transformation (SX) journeys. This acquisition will also enable Fujitsu to accelerate the establishment of our Asia Pacific SAP Community of Skills and to strengthen the capabilities of our Global Delivery Centres (GDC) in the ASEAN market. "I am delighted to welcome ICS to the Fujitsu family."