Avionté, a leader in enterprise staffing software, has announced its acquisition of AkkenCloud, a staffing software company known for its innovative solutions. This acquisition strengthens Avionté’s position as a leading provider of end-to-end staffing platforms and offers AkkenCloud clients access to Avionté’s comprehensive suite of technologies, including front and back office support, a robust mobile talent application, and a powerful Vendor Management System (VMS).
- Acquisition Details:
- Avionté has acquired AkkenCloud to expand its enterprise staffing platform offerings.
- AkkenCloud clients will benefit from Avionté’s full suite of staffing technologies and dedicated customer service.
- Strategic Expansion:
- The acquisition strengthens Avionté’s market presence, adding to its network of over 1,000 staffing agencies.
- AkkenCloud employees and customers will be integrated into the Avionté community.
- Industry Impact and Consolidation:
- The acquisition highlights the growing trend of industry consolidation, as smaller providers struggle to keep pace with technological advancements and market demands.
- Avionté’s scale and expertise position it as a leading provider capable of meeting evolving client expectations in AI, security, automation, and mobile capabilities.
- Customer and Employee Transition:
- Avionté is committed to a smooth transition for AkkenCloud customers, with founder Giridhar Akkineni actively involved in the process.
- AkkenCloud employees will join Avionté, enhancing the company’s talent pool and support capabilities.
- Future Growth and Innovation:
- Avionté’s acquisition strategy aims to provide staffing agencies with the most innovative and robust solutions.
- The company anticipates further market consolidation as the staffing software industry continues to evolve.
The acquisition of AkkenCloud by Avionté marks a significant step in the consolidation of the staffing software industry. By combining forces, Avionté is well-positioned to offer comprehensive, innovative solutions that address the evolving needs of staffing agencies. This partnership ensures that both Avionté and AkkenCloud clients can look forward to enhanced resources, stability, and growth opportunities in the future.
