Accenture Acquires Advocate, Growing Technology Business Management Capabilities | Information

NORCROSS, Ga.–(Company WIRE)–Jun 6, 2022–

Accenture (NYSE: ACN) has acquired Advocate Networks, LLC, a foremost know-how consultancy and managed companies company of Technological know-how Business Management (TBM) answers that assist companies produce enterprise price, attain expense personal savings and modernize their technologies platforms. Terms of the transaction had been not disclosed.

This press release attributes multimedia. Watch the full release here:

Accenture acquired Advocate Networks, technological innovation consultancy and managed services provider of Technology Business enterprise Administration remedies. (Photo: Business Wire)

Headquartered in Norcross, Georgia, Advocate’s group of additional than 85 pros is joining Accenture’s Technology System & Advisory follow, bringing capabilities for aiding shoppers determine, architect and measure worth from their digital and cloud transformations. Advocate has deep technological innovation know-how and a complete suite of services that enable companies align engineering investments with business aims and uncover cost savings to reinvest in initiatives that generate growth and transformation.

“Organizations hope their technological innovation investments to fuel innovation and remodel business enterprise functions and are more and more adopting TBM ideas to improve devote and supply and exhibit rapid strategic organization price,” explained Keith Boone, Accenture’s North The united states Technological know-how Strategy & Advisory guide. “With the potent mixture of Accenture and Advocate, we will provide a multitude of sector-leading resources and capabilities to assistance our shoppers evaluate the price of engineering initiatives in a apparent, quantifiable fashion.”

Advocate’s entire suite of TBM solutions, from strategic advisory to TBM-as-a-service (TBMaaS), enhance Accenture’s cloud and electronic transformation solutions and stop-to-end capabilities for TBM and FinOps. Advocate also brings accelerators for industry-leading applications and dashboards for IT value administration and providers that will greatly enhance insights presented by Accenture’s proprietary belongings, such as Accenture Momentum, myConcerto, myDiagnostic and myNav, with extra TBM analytics.

“For a lot more than two many years, Advocate’s organization clientele have relied on our dedicated staff of TBM advisors, industry assumed leaders and technological know-how professionals to strengthen performance and uncover price savings for new investments,” mentioned Tim Intelligent, co-founder and co-CEO of Advocate. “We share Accenture Technologies Tactic & Advisory’s function for aiding shoppers architect and comprehend remarkable business value from know-how and are energized to deliver our combined abilities to the two new and current buyers.”

Accenture’s Technologies Strategy & Advisory observe is effective with clientele to determine their technological know-how visions and develop the essential roadmaps and execution plans to make sustainable worth from technologies investments.

About Accenture

Accenture is a world-wide specialist expert services firm with top capabilities in digital, cloud and stability. Combining unmatched expertise and specialised expertise throughout far more than 40 industries, we give Approach and Consulting, Technologies and Functions solutions and Accenture Song—all run by the world’s largest network of Advanced Engineering and Smart Operations facilities. Our 699,000 folks deliver on the guarantee of technological innovation and human ingenuity each and every day, serving clients in a lot more than 120 international locations. We embrace the electricity of change to build benefit and shared achievements for our customers, people today, shareholders, associates and communities. Check out us at

Forward-Wanting Statements

Apart from for the historical information and facts and discussions contained herein, statements in this information launch may perhaps constitute ahead-hunting statements in just the which means of the Non-public Securities Litigation Reform Act of 1995. Words these kinds of as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and identical expressions are employed to identify these ahead-on the lookout statements. These statements involve a selection of threats, uncertainties and other aspects that could bring about actual benefits to differ materially from all those expressed or implied. Lots of of the following risks, uncertainties and other factors determined underneath may well be amplified by the invasion of Ukraine by Russia, the sanctions (including their period), and other measures becoming imposed in response to this conflict, as effectively as any escalation or expansion of economic disruption or the conflict’s present-day scope. These threats involve, without limitation, dangers that: the transaction may well not reach the anticipated benefits for Accenture Accenture’s final results of functions have been, and could in the future be, adversely afflicted by unstable, adverse or uncertain financial and political circumstances and the effects of these ailments on the company’s clients’ organizations and levels of enterprise exercise Accenture faces legal, reputational and monetary challenges from any failure to protect shopper and/or enterprise facts from security incidents or cyberattacks Accenture’s organization relies upon on building and preserving ongoing, rewarding shopper desire for the company’s products and services and alternatives together with by means of the adaptation and enlargement of its services and options in reaction to ongoing adjustments in technological innovation and choices, and a sizeable reduction in this sort of demand from customers or an lack of ability to react to the evolving technological surroundings could materially influence the company’s effects of operations if Accenture is unable to match folks and competencies with customer demand around the planet and appeal to and retain specialists with solid management skills, the company’s company, the utilization charge of the company’s experts and the company’s results of operations may well be materially adversely impacted the COVID-19 pandemic has impacted Accenture’s organization and functions, and the extent to which it will carry on to do so and its influence on the company’s foreseeable future financial benefits are uncertain the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete successfully Accenture’s potential to catch the attention of and keep business enterprise and staff could rely on its status in the market if Accenture does not successfully control and establish its relationships with critical alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s benefits of operations could be adversely influenced Accenture’s profitability could materially go through if the company is unable to receive favorable pricing for its products and services and solutions, if the enterprise is unable to remain competitive, if its cost-management procedures are unsuccessful or if it encounters shipping inefficiencies or fail to satisfy particular agreed-upon targets or specific services levels changes in Accenture’s degree of taxes, as nicely as audits, investigations and tax proceedings, or improvements in tax rules or in their interpretation or enforcement, could have a materials adverse outcome on the company’s helpful tax level, benefits of functions, cash flows and economic problem Accenture’s benefits of functions could be materially adversely afflicted by fluctuations in international currency exchange premiums improvements to accounting requirements or in the estimates and assumptions Accenture can make in connection with the preparation of its consolidated fiscal statements could adversely have an impact on its economic success Accenture may possibly be not able to access extra money on favorable conditions or at all and if the firm raises fairness funds, it might dilute its shareholders’ ownership interest in the firm as a final result of Accenture’s geographically assorted operations and its development strategy to keep on to increase in its crucial marketplaces all over the environment, the enterprise is more prone to sure threats if Accenture is unable to deal with the organizational troubles affiliated with its size, the business might be unable to reach its company aims Accenture may possibly not be profitable at getting, investing in or integrating firms, moving into into joint ventures or divesting organizations Accenture’s small business could be materially adversely afflicted if the enterprise incurs legal legal responsibility Accenture’s world wide functions expose the company to numerous and often conflicting legal and regulatory needs Accenture’s operate with govt shoppers exposes the corporation to supplemental challenges inherent in the governing administration contracting setting if Accenture is unable to shield or enforce its mental home rights or if Accenture’s solutions or solutions infringe upon the intellectual assets rights of many others or the organization loses its skill to utilize the intellectual assets of some others, its small business could be adversely afflicted Accenture’s effects of operations and share cost could be adversely impacted if it is not able to sustain productive internal controls Accenture might be topic to criticism and detrimental publicity connected to its incorporation in Eire as properly as the dangers, uncertainties and other factors talked about below the “Risk Factors” heading in Accenture plc’s most new Annual Report on Sort 10-K and other documents submitted with or furnished to the Securities and Trade Fee. Statements in this news launch talk only as of the day they have been created, and Accenture undertakes no duty to update any forward-hunting statements manufactured in this news launch or to conform such statements to true final results or changes in Accenture’s expectations.

Copyright © 2022 Accenture. All legal rights reserved. Accenture and its emblem are logos of Accenture.

Check out supply model on

Get hold of: Maggie Nolan


+1 917 852 3694

[email protected]

Keyword: UNITED STATES NORTH The united states Georgia

Sector Keyword: Professional Services Information Management Technological know-how Program CONSULTING NETWORKS

Supply: Accenture

Copyright Company Wire 2022.

PUB: 06/06/2022 01:10 PM/DISC: 06/06/2022 01:11 PM