The 9 Biggest Accenture Acquisitions Of 2022 (So Far)
Some major Accenture acquisitions over the last sixth months include Ergo, Greenfish and Alfa Consulting.
After acquiring dozens of companies in 2021, Accenture has scaled back its acquisitions and is moving forward slow and steady so far in 2022.
The Dublin-based global systems integrator went on massive spree of acquisitions in April, gathering up six companies altogether. The $50.5 billion international company added about 2,500 new employees to its already 700,000-strong global head count.
Acquisitions over a 30-day period alone included Ergo, Greenfish and AFD.Tech, to name a few.
With strategy, consulting, technology and operations offerings in more than 40 industries powered by large networks of advanced technology and intelligent operations centers, Accenture, No. 1 on CRN’s 2021 Solution Provider 500 list, is ripe with opportunity and revenue growth in 2022. With 699,000 team members in more than 120 countries, the global solutions provider is laser focused on scale, experience, industry knowledge and trust.
“Our outstanding second-quarter financial performance demonstrates continued strong, broad-based demand across all our markets, services and industries,” said Julie Sweet, Accenture’s chair and CEO, during the firm’s FY22 Q2 earnings call. “We continue to take significant market share as clients increasingly turn to Accenture as the partner uniquely positioned to help them navigate today’s accelerating pace of change. Our core strength is the diversity of our business that enables us to digitally transform across the enterprise through the depth and breadth of our services.”
Here are the nine biggest acquisitions made by Accenture in 2022 so far:
* AFD.TECH
* Trancom ITS (certain technology)
* Avieco
* Ergo
* akzente
* Allgemeines Rechenzentrum GmbH (ARZ)
The financial terms of the all the deals were not disclosed. Click through the slideshow to see details of each acquisition.
AFD.TECH
AFD.TECH is an independent network services company that specializes in network engineering, operations and services. More than 1,600 professionals joined Accenture, bringing expertise across engineering, design, deployment and operation of next generation networks, such as 5G and fiber.
The AFD.TECH team combined with Accenture’s cloud first-capabilities provide a wide spectrum of operational practices to help clients drive comprehensive transformation across various networks.
Trancom ITS (certain technology)
Accenture acquired digital engineering and operational technology capabilities from Trancom ITS, a Japanese logistics technology services provider. The acquisition, which brought over 190 employees, enables Accenture’s Industry X service to offer more hyper-automation solutions, which manufacturing and logistics businesses in Japan are demanding to become more efficient and sustainable.
Trancom ITS is a subsidiary of major Japanese logistics company Trancom, which provides technology services to its parent and other Japanese companies in the logistics, manufacturing and information technology industries.
“We’re seeing significant demand from clients to help them automate manual processes in factories and warehouses,” said Tatsuya Nakayabu, senior managing director and lead for Accenture Industry X in Japan. “By combining assets from Trancom ITS with our AI and robotics capabilities, we can drive more value from these processes for clients and help them become more sustainable.”
Alfa Consulting
Alfa Consulting is a Barcelona-based consultancy that specializes in operations strategy in capital intensive industries. The company has expertise in leveraging analytics to design and implementing new operational models for clients across industries such as utilities, high tech, energy and industrial goods.
About 50 consultants joined Accenture’s Supply Chain Operations helping clients with end-to-end supply network visibility, supply chain segmentation, sourcing and procurement transformation, operational agility, resilience stress testing and sustainable and responsible supply chain strategies.
Avieco
Accenture acquired London-based Avieco which is a leading U.K. sustainability consultancy, bringing more than 60 professionals to the team.
Avieco helps companies understand, manage and improve their sustainability performance as well as create sustainable value for their stakeholders. Its consulting experts spans across many industries including retail and consumer goods, financial services, technology and media.
Avieco will bring extensive knowledge in environmental, social and governance measurement and reporting, net zero strategy and regulation and real-time data analytics to Accenture’s Sustainability Services in the U.K.
“Avieco plays a central role in helping businesses in the U.K. and Ireland to create a sustainable, low-carbon economy and society,” said Ben Murray, CEO of Avieco, in a statement. “Accenture’s commitment to sustainability is strongly aligned to ours and its scale will help us expand our mission to turn sustainability promises into actions. Being part of Accenture will create new opportunities for our people and our combined expertise will help businesses become truly sustainable.”
Ergo
Accenture acquired Argentina-based data-centered business Ergo to help companies create a culture of data-driven decision-making using big data, analytics and artificial intelligence. Ergo’s 200 data specialists joined the Data & AI team within Accenture Cloud First expanding capabilities to drive data-led transformations for clients in the Hispanic South American market in Argentina, Chile, and Colombia.
“Joining the Accenture Cloud First team will enable us to scale our data-led experience for major worldwide clients to achieve better business outcomes, faster – from improving how they work, how they serve customers, and how they differentiate through new products and services,” said, Ariel Güelmos, Ergo CEO, in a statement.
Greenfish
Accenture acquired Greenfish, a Brussels-based independent engineering and advisory company that specializes in sustainability consultancy services.
Founded in 2010, Greenfish provides engineering solutions to accelerate sustainable business transformation, from strategy to implementation. The company brought more than 270 professionals to Accenture’s Sustainability Services.
“We are motivated by this opportunity to join a leading organization to continue to drive sustainability as a top priority,” said Yann Louise, co-founder of Greenfish, in a statement. “Combining our respective expertise would allow us to reach a larger group of clients, and offer a whole new level of strategic counsel and services, thus accelerating the sustainability transformation of our clients and increasing our impact on society.”
akzente
Accenture acquired akzente, Munich-based sustainability consultancy that helps companies in automotive, financial services, energy and consumer goods build sustainability into the core of their businesses.
The akzente team brought more than 60 employees to Accenture’s Sustainability Services and builds on Accenture’s Sustainability Value Promise to embed sustainability into everything the company does and with everyone it serves, leveraging the power of technology, human ingenuity and industry leading ecosystem partners to create business value and sustainable impact.
Allgemeines Rechenzentrum GmbH (ARZ)
In June, Accenture agreed to acquire Allgemeines Rechenzentrum GmbH (ARZ), an Austria-based service provider focused on the Austrian banking industry, to expand Accenture’s cloud-based banking platform-as-a-service offerings, ranging from core banking services to online banking as well as regulatory services for banking clients across Europe.
About 600 employees will join Accenture and will continue to work in their existing locations in Vienna and Innsbruck.
ARZ is majority-owned by Volksbanken Group, Hypobanken Group and other private banks.
Advocate Networks LLC
Accenture acquired Advocate Networks, LLC, a Norcross, Georgia-based technology consultancy and managed services provider of Technology Business Management (TBM) solutions that help organizations create business value, achieve cost savings and modernize their technology platforms.
Advocate will bring 85 team members to Accenture’s Technology Strategy & Advisory practice which will bring capabilities for helping clients define, architect and measure value from their digital and cloud transformations. Advocate has technology expertise and a full suite of offerings that help businesses align technology investments with business goals and uncover savings to reinvest in initiatives that drive growth and transformation.