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5 Acquisitions That Accenture’s Made During The Coronavirus Pandemic

Even as global markets have been roiled by the coronavirus pandemic, Accenture has been busy gobbling up companies to expand its market reach and scale with a big focus on industrial customers.

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PLM Systems

Accenture bought the Turin, Italy-based PLM Systems to get a European toehold in the high-growth area of product lifecycle management systems. PLM boasts international automotive, industrial equipment, fashion and aerospace and defense companies among its clients managing their products from “inception to disposal.”

“Digital technologies like artificial intelligence are taking product lifecycle management to a new level. This offers industrial companies a huge opportunity to transform a core business function – engineering”, said Nigel Stacey, managing director and global lead of Accenture Industry X.0. “PLM Systems’ expertise and experience in product lifecycle management will allow us to help clients make the best use of their product data.”

PLM Systems – which was founded in 1996 -- is expected to be folded into Accenture Industry X.0 the part of the company that uses digital technologies to inside industrial companies to design, engineer and manufacture products.

“We’re excited to become part of Accenture,” said Alberto Codrino, CEO of PLM Systems. “Its client base and global footprint will offer our team new opportunities to expand their skills and we can develop even better technology solutions for clients to innovate and manage new products”.

 
 
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