Breaking News

NORCROSS, Ga.–(Business enterprise WIRE)–Accenture (NYSE: ACN) has obtained Advocate Networks, LLC, a primary technological innovation consultancy and managed solutions supplier of Technological know-how Business Administration (TBM) options that enable businesses produce business enterprise benefit, obtain expense cost savings and modernize their technological know-how platforms. Conditions of the transaction were being not disclosed.

Headquartered in Norcross, Ga, Advocate’s workforce of additional than 85 specialists is becoming a member of Accenture’s Technologies Tactic & Advisory practice, bringing capabilities for helping consumers outline, architect and evaluate value from their electronic and cloud transformations. Advocate has deep technological innovation knowledge and a entire suite of providers that help corporations align engineering investments with business enterprise ambitions and uncover financial savings to reinvest in initiatives that travel advancement and transformation.

“Organizations anticipate their engineering investments to fuel innovation and completely transform business enterprise operations and are more and more adopting TBM concepts to enhance commit and produce and demonstrate speedy strategic enterprise price,” reported Keith Boone, Accenture’s North The usa Technology Technique & Advisory guide. “With the strong mixture of Accenture and Advocate, we will offer you a multitude of marketplace-major means and abilities to support our consumers evaluate the value of engineering initiatives in a very clear, quantifiable way.”

Advocate’s complete 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 abilities for TBM and FinOps. Advocate also provides accelerators for business-top resources and dashboards for IT price administration and companies that will boost insights supplied by Accenture’s proprietary property, this kind of as Accenture Momentum, myConcerto, myDiagnostic and myNav, with more TBM analytics.

“For more than two decades, Advocate’s organization purchasers have relied on our focused team of TBM advisors, market assumed leaders and technologies professionals to enhance effectiveness and uncover cost savings for new investments,” explained Tim Clever, co-founder and co-CEO of Advocate. “We share Accenture Technological know-how Tactic & Advisory’s reason for assisting clientele architect and notice outstanding small business value from technology and are enthusiastic to provide our combined capabilities to both of those new and present buyers.”

Accenture’s Technological know-how Technique & Advisory apply will work with purchasers to determine their technologies visions and develop the important roadmaps and execution plans to build sustainable value from technology investments.

About Accenture

Accenture is a world wide qualified solutions business with foremost abilities in digital, cloud and safety. Combining unmatched expertise and specialized abilities throughout a lot more than 40 industries, we give Method and Consulting, Know-how and Operations services and Accenture Song—all powered by the world’s biggest community of Advanced Technological innovation and Smart Operations facilities. Our 699,000 people supply on the assure of technologies and human ingenuity every single day, serving clients in much more than 120 countries. We embrace the energy of adjust to build worth and shared success for our clients, persons, shareholders, associates and communities. Stop by us at accenture.com.

Ahead-Searching Statements

Besides for the historical info and discussions contained herein, statements in this news release could constitute ahead-wanting statements within the that means of the Personal Securities Litigation Reform Act of 1995. Terms this kind of as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and equivalent expressions are made use of to recognize these ahead-looking statements. These statements entail a amount of hazards, uncertainties and other elements that could lead to precise final results to differ materially from people expressed or implied. Several of the adhering to dangers, uncertainties and other things determined beneath may possibly be amplified by the invasion of Ukraine by Russia, the sanctions (which includes their period), and other steps becoming imposed in response to this conflict, as very well as any escalation or enlargement of financial disruption or the conflict’s recent scope. These dangers include things like, devoid of limitation, hazards that: the transaction could not reach the anticipated gains for Accenture Accenture’s effects of functions have been, and may perhaps in the future be, adversely afflicted by volatile, unfavorable or unsure financial and political situations and the outcomes of these problems on the company’s clients’ corporations and amounts of small business exercise Accenture faces authorized, reputational and money hazards from any failure to shield consumer and/or business information from security incidents or cyberattacks Accenture’s business enterprise relies upon on building and retaining ongoing, worthwhile shopper demand from customers for the company’s companies and alternatives including through the adaptation and growth of its products and services and options in reaction to ongoing variations in engineering and choices, and a substantial reduction in these kinds of desire or an incapacity to react to the evolving technological setting could materially influence the company’s outcomes of operations if Accenture is unable to match people and competencies with customer desire all-around the earth and appeal to and retain industry experts with solid management techniques, the company’s business, the utilization fee of the company’s specialists and the company’s benefits of functions could be materially adversely afflicted the COVID-19 pandemic has impacted Accenture’s organization and functions, and the extent to which it will keep on to do so and its influence on the company’s potential economical effects are unsure the marketplaces in which Accenture operates are remarkably aggressive, and Accenture could not be equipped to contend properly Accenture’s potential to appeal to and keep enterprise and workforce may possibly depend on its track record in the marketplace if Accenture does not successfully regulate and establish its interactions with vital alliance partners or fails to anticipate and set up new alliances in new systems, the company’s benefits of functions could be adversely affected Accenture’s profitability could materially suffer if the firm is unable to attain favorable pricing for its expert services and remedies, if the firm is unable to continue to be competitive, if its price tag-administration approaches are unsuccessful or if it encounters supply inefficiencies or fall short to satisfy specific agreed-on targets or distinct service degrees variations in Accenture’s amount of taxes, as properly as audits, investigations and tax proceedings, or alterations in tax legal guidelines or in their interpretation or enforcement, could have a materials adverse influence on the company’s successful tax level, results of operations, dollars flows and monetary situation Accenture’s final results of functions could be materially adversely impacted by fluctuations in foreign currency exchange rates variations to accounting specifications or in the estimates and assumptions Accenture helps make in relationship with the preparation of its consolidated monetary statements could adversely have an effect on its economical results Accenture may possibly be not able to entry extra cash on favorable terms or at all and if the organization raises equity cash, it may dilute its shareholders’ possession curiosity in the company as a final result of Accenture’s geographically assorted operations and its progress system to proceed to develop in its essential marketplaces all around the earth, the company is a lot more inclined to certain pitfalls if Accenture is not able to handle the organizational worries connected with its measurement, the firm may possibly be unable to realize its company aims Accenture may possibly not be productive at buying, investing in or integrating enterprises, moving into into joint ventures or divesting businesses Accenture’s business could be materially adversely impacted if the company incurs lawful liability Accenture’s world-wide functions expose the company to many and occasionally conflicting lawful and regulatory requirements Accenture’s work with governing administration clients exposes the company to additional challenges inherent in the federal government contracting ecosystem if Accenture is not able to secure or enforce its mental residence rights or if Accenture’s providers or alternatives infringe on the intellectual assets rights of some others or the business loses its potential to use the intellectual residence of some others, its company could be adversely influenced Accenture’s success of operations and share cost could be adversely afflicted if it is unable to manage helpful interior controls Accenture may possibly be subject to criticism and detrimental publicity similar to its incorporation in Eire as perfectly as the dangers, uncertainties and other things talked over under the “Risk Factors” heading in Accenture plc’s most new Once-a-year Report on Form 10-K and other paperwork submitted with or furnished to the Securities and Trade Fee. Statements in this news launch talk only as of the day they were produced, and Accenture undertakes no duty to update any forward-on the lookout statements manufactured in this information launch or to conform these types of statements to real outcomes or adjustments in Accenture’s anticipations.

Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are emblems of Accenture.