Accenture Acquires Advocate, Expanding Technology Business Management Capabilities | Region
NORCROSS, Ga.–(Business enterprise WIRE)–Jun 6, 2022–
Accenture (NYSE: ACN) has obtained Advocate Networks, LLC, a primary technologies consultancy and managed providers company of Engineering Enterprise Administration (TBM) solutions that aid businesses generate company price, realize expense financial savings and modernize their know-how platforms. Conditions of the transaction were being not disclosed.
This push release characteristics multimedia. Look at the full launch here: https://www.businesswire.com/information/residence/20220602005179/en/
Accenture obtained Advocate Networks, engineering consultancy and managed services company of Engineering Enterprise Administration answers. (Photo: Small business Wire)
Headquartered in Norcross, Ga, Advocate’s crew of far more than 85 specialists is joining Accenture’s Engineering System & Advisory follow, bringing abilities for assisting consumers define, architect and evaluate worth from their electronic and cloud transformations. Advocate has deep engineering experience and a total suite of products and services that support companies align technological innovation investments with enterprise plans and uncover discounts to reinvest in initiatives that drive growth and transformation.
“Organizations assume their technological innovation investments to fuel innovation and renovate organization functions and are more and more adopting TBM ideas to enhance commit and supply and demonstrate rapid strategic business value,” reported Keith Boone, Accenture’s North America Technological know-how Approach & Advisory direct. “With the impressive mixture of Accenture and Advocate, we will present a multitude of sector-foremost resources and capabilities to support our customers evaluate the worth of technological know-how initiatives in a very clear, quantifiable manner.”
Advocate’s full suite of TBM expert services, from strategic advisory to TBM-as-a-company (TBMaaS), complement Accenture’s cloud and electronic transformation services and stop-to-close capabilities for TBM and FinOps. Advocate also brings accelerators for business-main resources and dashboards for IT benefit administration and companies that will increase insights presented by Accenture’s proprietary property, these kinds of as Accenture Momentum, myConcerto, myDiagnostic and myNav, with additional TBM analytics.
“For more than two many years, Advocate’s enterprise customers have relied on our focused team of TBM advisors, business considered leaders and technological know-how specialists to make improvements to effectiveness and uncover personal savings for new investments,” mentioned Tim Wise, co-founder and co-CEO of Advocate. “We share Accenture Engineering System & Advisory’s purpose for helping clientele architect and realize remarkable business enterprise benefit from technology and are thrilled to provide our blended abilities to both of those new and current shoppers.”
Accenture’s Technology Method & Advisory exercise operates with shoppers to determine their technological know-how visions and build the vital roadmaps and execution programs to produce sustainable value from know-how investments.
Accenture is a world-wide expert expert services corporation with top abilities in electronic, cloud and safety. Combining unmatched knowledge and specialised abilities across additional than 40 industries, we present Technique and Consulting, Technology and Functions expert services and Accenture Song—all driven by the world’s premier community of Sophisticated Technological innovation and Intelligent Functions facilities. Our 699,000 men and women produce on the guarantee of technologies and human ingenuity each day, serving consumers in more than 120 nations around the world. We embrace the power of transform to build value and shared results for our consumers, people, shareholders, companions and communities. Visit us at accenture.com.
Other than for the historic facts and conversations contained herein, statements in this information launch might represent forward-wanting statements inside of the indicating of the Non-public Securities Litigation Reform Act of 1995. Text these kinds of as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are applied to discover these forward-looking statements. These statements involve a quantity of hazards, uncertainties and other variables that could result in true success to differ materially from these expressed or implied. Several of the following pitfalls, uncertainties and other aspects discovered under may possibly be amplified by the invasion of Ukraine by Russia, the sanctions (which include their duration), and other steps being imposed in response to this conflict, as properly as any escalation or expansion of financial disruption or the conflict’s present-day scope. These pitfalls consist of, devoid of limitation, risks that: the transaction might not obtain the anticipated advantages for Accenture Accenture’s effects of operations have been, and might in the future be, adversely influenced by risky, negative or unsure economic and political disorders and the outcomes of these disorders on the company’s clients’ businesses and stages of organization exercise Accenture faces legal, reputational and money hazards from any failure to guard client and/or enterprise knowledge from safety incidents or cyberattacks Accenture’s enterprise relies upon on generating and sustaining ongoing, rewarding consumer demand from customers for the company’s solutions and alternatives together with by means of the adaptation and growth of its products and services and options in reaction to ongoing adjustments in technological know-how and choices, and a considerable reduction in such need or an lack of ability to respond to the evolving technological natural environment could materially have an effect on the company’s benefits of operations if Accenture is unable to match individuals and competencies with shopper desire all around the earth and attract and keep pros with solid leadership skills, the company’s small business, the utilization price of the company’s pros and the company’s results of functions may be materially adversely affected the COVID-19 pandemic has impacted Accenture’s company and operations, and the extent to which it will go on to do so and its affect on the company’s potential economical results are uncertain the markets in which Accenture operates are hugely aggressive, and Accenture could possibly not be capable to contend proficiently Accenture’s ability to bring in and retain business enterprise and personnel may possibly depend on its popularity in the market if Accenture does not successfully handle and develop its relationships with key alliance companions or fails to anticipate and set up new alliances in new systems, the company’s success of operations could be adversely influenced Accenture’s profitability could materially experience if the firm is unable to obtain favorable pricing for its solutions and options, if the enterprise is not able to stay competitive, if its charge-administration procedures are unsuccessful or if it activities shipping and delivery inefficiencies or fail to satisfy particular agreed-upon targets or unique company levels modifications in Accenture’s level of taxes, as perfectly as audits, investigations and tax proceedings, or improvements in tax guidelines or in their interpretation or enforcement, could have a content adverse result on the company’s successful tax amount, final results of functions, hard cash flows and fiscal issue Accenture’s benefits of operations could be materially adversely influenced by fluctuations in overseas forex trade rates improvements to accounting benchmarks or in the estimates and assumptions Accenture tends to make in connection with the preparing of its consolidated financial statements could adversely impact its money outcomes Accenture could be not able to entry extra money on favorable terms or at all and if the company raises fairness money, it may well dilute its shareholders’ possession desire in the company as a final result of Accenture’s geographically numerous operations and its advancement technique to keep on to increase in its crucial markets close to the globe, the corporation is far more prone to specific challenges if Accenture is unable to control the organizational difficulties connected with its dimension, the corporation may be not able to obtain its business enterprise targets Accenture may possibly not be productive at buying, investing in or integrating enterprises, coming into into joint ventures or divesting firms Accenture’s business could be materially adversely affected if the company incurs legal liability Accenture’s worldwide operations expose the company to quite a few and from time to time conflicting legal and regulatory needs Accenture’s perform with govt customers exposes the firm to further challenges inherent in the govt contracting environment if Accenture is not able to guard or implement its mental house rights or if Accenture’s expert services or methods infringe on the intellectual home legal rights of other individuals or the corporation loses its potential to utilize the mental assets of other people, its small business could be adversely impacted Accenture’s outcomes of operations and share price tag could be adversely affected if it is not able to preserve successful inner controls Accenture may well be issue to criticism and negative publicity associated to its incorporation in Ireland as perfectly as the hazards, uncertainties and other components mentioned less than the “Risk Factors” heading in Accenture plc’s most latest Once-a-year Report on Type 10-K and other files filed with or furnished to the Securities and Exchange Commission. Statements in this information launch discuss only as of the day they ended up produced, and Accenture undertakes no duty to update any forward-looking statements created in this news launch or to conform these statements to precise effects or alterations in Accenture’s anticipations.
Copyright © 2022 Accenture. All legal rights reserved. Accenture and its emblem are logos of Accenture.
Check out resource edition on businesswire.com:https://www.businesswire.com/information/home/20220602005179/en/
Get in touch with: Maggie Nolan
+1 917 852 3694
Search term: UNITED STATES NORTH America Georgia
Industry Keyword: Specialist Services Information Management Technology Program CONSULTING NETWORKS
Copyright Business enterprise Wire 2022.
PUB: 06/06/2022 01:10 PM/DISC: 06/06/2022 01:11 PM