Acando
Acando is a Stockholm-based, founder-led consultancy that helps enterprise and public-sector clients innovate, streamline operations, and drive sustainable change through business consulting and technology services across the Nordics.
- Company typePublic
- Founded1976
- HeadquartersStockholm, Sweden
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Acando does
Acando is a privately-held consultancy headquartered in Stockholm, Sweden, founded in 1976 according to firmographic records. The firm operates with between 1,001 and 5,000 employees and positions itself as a consultancy that "innovates, streamlines and mobilizes organizations for sustainable change," serving enterprise and public-sector clients across the Nordics. Its service portfolio spans business and technology consulting, with capabilities shaped over time through a deliberate inorganic growth strategy.
Between September 2017 and August 2018, Acando completed three acquisitions: Bitvis AS (2017-09-26), adding embedded software and electronics consultancy capability; Anywhere.24 GmbH (2017-12-04), a Germany-domiciled firm broadening advisory and consulting reach beyond the Nordics; and Alterview (2018-08-14), extending digital and user-experience capability. Together these three deals indicate a capability-expansion thesis spanning embedded systems, broad-based advisory, and digital experience rather than vertical or geographic concentration.
The company is founder-led, with co-founders Bengt Wallentin, Christer Wåhlander, and Olof Englund, and Ulf Johansson serving as Chairman of the Board. Acando generates revenue through project-based consulting engagements; pricing is quote-based and not publicly disclosed, and consolidated revenue figures are not present in the input data. No public-market financials, investor materials, or post-2018 corporate activity disclosures are available in the source material provided.
Acando firmographics
Firmographics- Name
- Acando
- Legal name
- CGI Inc.
- Website
- https://acando.com
- Company type
- Public
- Founded year
- 1976
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Acando is a Stockholm-based, founder-led consultancy that helps enterprise and public-sector clients innovate, streamline operations, and drive sustainable change through business consulting and technology services across the Nordics.
- Ownership category
- akta.pro rank
Acando industry classification
Industry- Product category
- IT and Management Consulting Services
- NAICS
- Management Consulting Services (54161), Computer Systems Design Services (541512), Administrative Management and General Management Consulting Services (541611)
- SIC
- Services-Management Consulting Services (8742), Services-Computer Integrated Systems Design (7373), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM)
- akta.pro secondary industry
- Strategic Leadership & Business Acumen (EDABAAAC)
Keywords
Where Acando is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Acando business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- IT and Business Consulting Services: End-to-end consulting services including business consulting, systems integration, managed IT services, application services, infrastructure services, and business process services. Revenue is generated through long-term contracts with enterprise and government clients.
- Proprietary IP Solutions: Sale and licensing of proprietary intellectual property-based solutions such as CGI Credit Studio, CGI Trade360, CGI OpenGrid360, and other industry-specific platforms to accelerate client innovation and drive operational excellence.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise consulting and managed services contracts |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
Acando product offering
Product offeringCore offering
Acando operates as a consultancy that provides advisory and transformation services to help organizations innovate, streamline operations and mobilize for sustainable change. The company is headquartered in Stockholm, Sweden, was founded in 1976, and operates with a workforce in the 1,001-5,000 employee range. Its capability set has been expanded through acquisitions of specialized firms including Alterview, Anywhere.24 GmbH and Bitvis AS.
Differentiator
Problem solved
Functional benefit
Brands
- CGI Credit Studio: Intellectual property-based credit solution for financial institutions.
- CGI Trade360
- CGI OpenGrid360
- CGI All Payments
- CGI Retail Suite
- CGI Wealth360
- CGI PulseAI
- Insula
Quantifiable outcome
- AI is driving measurable business outcomes and modernization beyond transformation ambition
Companies that use Acando
Customer profileNamed customers4 records
Segments10 records
Ideal customer profiles1 record
Acando technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Acando partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- MicrosoftcoreCGI earned the Solutions Partner with certified software designation for cloud and AI delivery within the Microsoft AI Cloud Partner Program. This partnership enables CGI to deliver Microsoft-based cloud and AI solutions to clients globally.
- NetAppcoreCGI and NetApp deepened their global alliance to drive innovation, accelerate growth, and strengthen client outcomes through joint go-to-market activities and technology integration.
- European Space Agency (ESA)flagshipCGI's Insula platform supports AI-driven Earth observation in ESA's Φsat-2 mission, demonstrating advanced AI capabilities in space applications and satellite data processing.
Scale indicators2 records
Recent moves3 records
Expansion highlights3 records
Acando competitors and assessment
Company assessmentDirect peers
- BearingPoint: European management and technology consultancy focused on business transformation, regulatory, and digital services; comparable to Acando in targeting European enterprise and public-sector transformation mandates.
- PA Consulting: Global innovation and transformation consultancy that combines management advisory with technology delivery; comparable to Acando in blending strategic 'mobilization' of organizations with hands-on technical execution.
- Knowit AB: Swedish digital and tech consultancy with a Nordic footprint delivering transformation, design, and engineering services; one of the closest direct competitors to Acando in the Swedish and broader Scandinavian market.
- Sigma IT Consulting: Swedish IT and management consultancy with strong Nordic presence across enterprise and public-sector clients, competing for many of the same transformation and systems integration engagements as Acando.
- Tietoevry: Nordic-headquartered IT services and consulting company that provides digital transformation, managed services, and industry-specific software; directly overlaps with Acando's Nordic enterprise and public-sector go-to-market.
Broad incumbents
- Deloitte: Big Four professional services firm with deep consulting, technology, and transformation practices globally; competes for Nordic enterprise mandates and public-sector digital programs alongside Acando.
- Boston Consulting Group: Global management consulting firm with strong digital and sustainability transformation practices; overlaps with Acando's positioning around 'sustainable change' and operating-model redesign.
- McKinsey & Company: Global management consulting firm that competes with Acando at the strategy and transformation end of the engagement spectrum, particularly for Nordic and European enterprise clients.
- Accenture: Global IT and management consulting leader that delivers end-to-end strategy, technology, and operations services across all major verticals — the same enterprise and public-sector buyer base Acando serves, but at vastly greater scale and geographic reach.
- Capgemini: Global consulting, technology, and digital transformation firm serving enterprise and government clients; competes with Acando in Nordic and European transformation mandates and offers a similar end-to-end delivery model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Acando social profiles
Digital presenceAcando financial estimates
Financial estimateRevenue estimate
Valuation estimate
Acando leadership team
Management profileNumber of profiles
Profiles4 records
Acando funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Acando M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Acando
What does Acando do?
Acando operates as a consultancy that provides advisory and transformation services to help organizations innovate, streamline operations and mobilize for sustainable change. The company is headquartered in Stockholm, Sweden, was founded in 1976, and operates with a workforce in the 1,001-5,000 employee range. Its capability set has been expanded through acquisitions of specialized firms including Alterview, Anywhere.24 GmbH and Bitvis AS.
Is Acando a public or private company?
Acando is a public company. It is classified as unknown and is currently operating.
When was Acando founded?
Acando was founded in 1976. It employs 1,001 to 5,000 people.
Where is Acando based?
Acando is headquartered in Stockholm, Sweden, in the Europe region.
How does Acando make money?
Two revenue lines are on record. IT and Business Consulting Services are the primary driver. The others are proprietary IP Solutions.
Who are Acando's main competitors?
Direct peers on record are BearingPoint, PA Consulting, Knowit AB, Sigma IT Consulting and Tietoevry. Broad incumbents are Deloitte, Boston Consulting Group, McKinsey & Company, Accenture and Capgemini.
Does Acando have an API?
No public API is recorded for Acando.
What industry is Acando in?
Acando's product category is IT and Management Consulting Services. Its primary akta.pro industry code is BPAHAIAM, Instrumentation, Controls & Automation Engineering Consulting, with a secondary code of EDABAAAC, Strategic Leadership & Business Acumen. Its NAICS code is 54161 and its SIC code is 8742.