I have been asked this everytime we get around to talking about Avanade (my current employer), now what does it mean. I did not know till now and had always wondered till now. But I came across this old archive (in another context) and now I know what it means:
n. 1. A proposed joint venture of Andersen Consulting and Microsoft. 2. An organization that will help its customers leverage the Internet and advanced technologies to achieve strategic advantage.
[avan-, advance, advantage, avenue + -ade, action, act]