Acando

IT and Management Consulting Servicesacando.com

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

IT consulting services
Management consulting
Digital transformation
Business consulting
Technology consulting

Where Acando is headquartered

Location

Headquarters

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 offering

Core 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 profile

Named customers4 records

Segments10 records

Ideal customer profiles1 record

Acando technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

Acando partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and flagship.

MicrosoftcoreTechnology or Integration · 1 January 2025CGI 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.
NetAppcoreStrategic or Co-development Partner · 1 January 2025CGI 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)flagshipTechnology or Integration · 1 January 2025CGI'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 assessment

Direct 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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Acando leadership team

Management profile

Number of profiles

Profiles4 records

Acando funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Acando M&A and investment

M&A and investment

M&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?

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.