Accenture Acquires Advocate, Expanding Technology Business Management Capabilities | Region
NORCROSS, Ga.–(Business WIRE)–Jun 6, 2022–
Accenture (NYSE: ACN) has acquired Advocate Networks, LLC, a primary know-how consultancy and managed expert services service provider of Technological know-how Business enterprise Administration (TBM) alternatives that assistance businesses generate enterprise benefit, obtain expense savings and modernize their engineering platforms. Conditions of the transaction were being not disclosed.
This push release features multimedia. See the full release here: https://www.businesswire.com/information/house/20220602005179/en/
Accenture obtained Advocate Networks, technology consultancy and managed providers supplier of Technological innovation Company Management answers. (Photograph: Business Wire)
Headquartered in Norcross, Georgia, Advocate’s group of far more than 85 industry experts is joining Accenture’s Technologies System & Advisory apply, bringing capabilities for assisting shoppers outline, architect and evaluate benefit from their electronic and cloud transformations. Advocate has deep technology abilities and a comprehensive suite of providers that support organizations align technology investments with business targets and uncover discounts to reinvest in initiatives that generate advancement and transformation.
“Organizations hope their technology investments to gas innovation and renovate business operations and are significantly adopting TBM ideas to optimize invest and provide and exhibit instant strategic business enterprise worth,” explained Keith Boone, Accenture’s North America Know-how Tactic & Advisory direct. “With the highly effective combination of Accenture and Advocate, we will present a multitude of business-primary means and abilities to assistance our clientele evaluate the value of know-how initiatives in a apparent, quantifiable manner.”
Advocate’s complete suite of TBM products and services, from strategic advisory to TBM-as-a-company (TBMaaS), complement Accenture’s cloud and digital transformation services and finish-to-close abilities for TBM and FinOps. Advocate also brings accelerators for industry-main tools and dashboards for IT benefit administration and companies that will increase insights offered by Accenture’s proprietary property, this kind of as Accenture Momentum, myConcerto, myDiagnostic and myNav, with extra TBM analytics.
“For more than two a long time, Advocate’s company clientele have relied on our committed crew of TBM advisors, industry thought leaders and know-how specialists to improve performance and uncover personal savings for new investments,” claimed Tim Smart, co-founder and co-CEO of Advocate. “We share Accenture Technology Tactic & Advisory’s reason for serving to shoppers architect and realize fantastic enterprise benefit from technological innovation and are fired up to carry our merged capabilities to both new and present buyers.”
Accenture’s Engineering System & Advisory apply performs with customers to outline their technological innovation visions and construct the essential roadmaps and execution designs to make sustainable value from know-how investments.
About Accenture
Accenture is a international skilled expert services firm with major capabilities in electronic, cloud and stability. Combining unmatched experience and specialised skills throughout far more than 40 industries, we present Strategy and Consulting, Technology and Operations solutions and Accenture Song—all driven by the world’s largest community of Advanced Technological know-how and Clever Functions facilities. Our 699,000 men and women provide on the assure of technologies and human ingenuity every single day, serving purchasers in additional than 120 nations. We embrace the ability of change to generate value and shared good results for our consumers, people, shareholders, associates and communities. Pay a visit to us at accenture.com.
Ahead-Seeking Statements
Besides for the historic data and discussions contained herein, statements in this news release could constitute ahead-hunting statements inside of the indicating of the Personal Securities Litigation Reform Act of 1995. Text these types of as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and equivalent expressions are utilised to establish these forward-wanting statements. These statements include a quantity of dangers, uncertainties and other elements that could bring about real success to vary materially from all those expressed or implied. Numerous of the pursuing risks, uncertainties and other things discovered down below might be amplified by the invasion of Ukraine by Russia, the sanctions (together with their length), and other measures currently being imposed in response to this conflict, as well as any escalation or growth of financial disruption or the conflict’s present-day scope. These risks include things like, devoid of limitation, dangers that: the transaction may possibly not achieve the anticipated advantages for Accenture Accenture’s outcomes of operations have been, and may perhaps in the upcoming be, adversely affected by volatile, detrimental or unsure financial and political conditions and the results of these disorders on the company’s clients’ companies and degrees of organization action Accenture faces authorized, reputational and financial threats from any failure to shield consumer and/or business data from security incidents or cyberattacks Accenture’s small business depends on making and preserving ongoing, rewarding client demand for the company’s companies and options which include via the adaptation and enlargement of its products and services and options in reaction to ongoing adjustments in technologies and offerings, and a important reduction in such need or an lack of ability to reply to the evolving technological environment could materially affect the company’s success of operations if Accenture is not able to match individuals and capabilities with consumer need about the world and attract and keep industry experts with powerful leadership expertise, the company’s company, the utilization price of the company’s experts and the company’s benefits of functions may perhaps be materially adversely influenced the COVID-19 pandemic has impacted Accenture’s business enterprise and functions, and the extent to which it will continue to do so and its impression on the company’s long term fiscal benefits are uncertain the marketplaces in which Accenture operates are highly competitive, and Accenture may possibly not be ready to compete successfully Accenture’s potential to draw in and keep business enterprise and workforce might rely on its name in the marketplace if Accenture does not correctly regulate and develop its associations with vital alliance associates or fails to foresee and set up new alliances in new systems, the company’s final results of functions could be adversely afflicted Accenture’s profitability could materially put up with if the corporation is unable to get hold of favorable pricing for its services and solutions, if the corporation is not able to continue being competitive, if its charge-administration approaches are unsuccessful or if it experiences shipping and delivery inefficiencies or fail to fulfill certain agreed-on targets or distinct assistance ranges variations in Accenture’s degree of taxes, as perfectly as audits, investigations and tax proceedings, or modifications in tax laws or in their interpretation or enforcement, could have a product adverse result on the company’s efficient tax rate, success of operations, funds flows and economic ailment Accenture’s success of functions could be materially adversely affected by fluctuations in foreign forex trade rates improvements to accounting standards or in the estimates and assumptions Accenture makes in link with the preparation of its consolidated economical statements could adversely have an affect on its monetary outcomes Accenture may possibly be unable to obtain extra money on favorable phrases or at all and if the organization raises equity money, it might dilute its shareholders’ possession curiosity in the business as a result of Accenture’s geographically numerous functions and its advancement method to continue to extend in its critical markets about the earth, the corporation is much more inclined to particular threats if Accenture is unable to deal with the organizational challenges linked with its size, the business may possibly be unable to attain its business objectives Accenture could not be productive at getting, investing in or integrating firms, coming into into joint ventures or divesting corporations Accenture’s business enterprise could be materially adversely influenced if the enterprise incurs legal liability Accenture’s world wide operations expose the corporation to many and occasionally conflicting legal and regulatory needs Accenture’s operate with govt customers exposes the firm to extra hazards inherent in the govt contracting atmosphere if Accenture is not able to safeguard or implement its intellectual property legal rights or if Accenture’s companies or options infringe upon the intellectual home rights of others or the business loses its potential to utilize the mental property of others, its organization could be adversely influenced Accenture’s outcomes of functions and share cost could be adversely affected if it is unable to sustain efficient interior controls Accenture may possibly be subject matter to criticism and detrimental publicity similar to its incorporation in Ireland as well as the hazards, uncertainties and other variables reviewed beneath the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Sort 10-K and other paperwork submitted with or furnished to the Securities and Exchange Commission. Statements in this information launch speak only as of the day they have been built, and Accenture undertakes no obligation to update any ahead-looking statements built in this information release or to conform these statements to real outcomes or modifications in Accenture’s expectations.
Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are emblems of Accenture.
View supply model on businesswire.com:https://www.businesswire.com/news/household/20220602005179/en/
Call: Maggie Nolan
Accenture
+1 917 852 3694
Search term: UNITED STATES NORTH The us Ga
Market Key word: Professional Providers Data Management Technology Software program CONSULTING NETWORKS
Source: Accenture
Copyright Company Wire 2022.
PUB: 06/06/2022 01:10 PM/DISC: 06/06/2022 01:11 PM
http://www.businesswire.com/information/residence/20220602005179/en