Accenture Announces Intent to Receive BENEXT, Unbiased French Item Management Consulting Business
PARIS–(Enterprise WIRE)–Accenture (NYSE: ACN) has declared its intent to purchase BENEXT, an independent merchandise consulting enterprise specializing in solution administration, agile coaching, cloud-centered development and details science. Monetary conditions of the transaction are not staying disclosed.
Established in 2014 and based mostly in France, BENEXT is a total-stack, product or service consulting firm expert in helping clientele structure, manage, deploy, and effectively take care of their electronic products and solutions, although also maximizing the consumer person practical experience. The company’s approximately 160 highly skilled specialists would join OCTO Know-how, presently a element of Accenture considering the fact that 2017, and additional broadly broaden the European and world abilities of Accenture Cloud To start with. OCTO Engineering is a technological know-how consultancy specializing in electronic transformation and software package development. The OCTO staff is mostly found in France and also operates across Belgium, the Netherlands and Luxembourg.
“With several clientele ramping up their multi-cloud environments, the have to have for new agile running products and a seamless user knowledge across a multi-cloud community has in no way been increased. By tapping into the dynamic abilities of the cloud, primary companies can reimagine their corporations from layout to supply,” mentioned Karthik Narain, world-wide guide, Accenture Cloud Very first. “Acquiring BENEXT would be a useful addition to aid extra purchasers genuinely operate in the cloud and grow to be digital enterprises. For purchasers, this ultimately equates to achieving a tipping place of improve and pivoting the entirety of their business enterprise toward new opportunities.”
Driven by 77,000 cloud experts and a $3 billion expense above the following 3 yrs, Accenture Cloud Initial provides with each other unmatched depth and breadth of cloud abilities, field cloud alternatives, ecosystem associate capabilities, and assets that help customers notice greater price from cloud at pace and scale. Above the previous 24 months, Accenture has built a variety of strategic investments to grow and greatly enhance its Cloud To start with capabilities. In France, modern acquisitions include things like Linkbynet, Gekko, and Cirruseo.
Olivier Girard, industry unit lead for Accenture France & Benelux, claimed “Together with BENEXT, we would convey additional specialized abilities to fulfill the escalating desire for productive solution management and agile solutions by leveraging the use of the latest systems these kinds of as cloud, artificial intelligence, information and DevOps. The one of a kind blend of our merchandise management, organizational and technological innovation techniques would create much more worth to the French current market in distinct for our clients in the community sector, financial solutions, and the media industry.”
David Robert, founder and president of BENEXT, reported “We are psyched about this chance dependent on our history and would speed up our approach. The combination of our two organizations’ know-how allied with our deep solution administration knowledge would enable us to consider the companies supplied to our clientele to a full new level. Collectively, we can help consumers reimagine their products, reengineer their product or service lifestyle cycles and enhance their customers’ activities.”
The acquisition necessitates prior session with the relevant is effective councils and would be matter to customary closing circumstances.
About Accenture
Accenture is a world qualified solutions company with leading capabilities in electronic, cloud and security. Combining unmatched working experience and specialized competencies across extra than 40 industries, we offer System and Consulting, Interactive, Technological know-how and Operations services—all run by the world’s major network of Advanced Technologies and Smart Functions facilities. Our 569,000 people today deliver on the assure of technologies and human ingenuity every day, serving clientele in a lot more than 120 nations. We embrace the electricity of alter to create price and shared achievement for our purchasers, men and women, shareholders, associates and communities. Take a look at us at www.accenture.com.
Forward-Hunting Statements
Besides for the historic information and discussions contained herein, statements in this information release could constitute forward-hunting statements within just the which means of the Personal Securities Litigation Reform Act of 1995. Words and phrases these kinds of as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and very similar expressions are utilised to detect these ahead-searching statements. These statements involve a number of pitfalls, uncertainties and other things that could lead to precise outcomes to vary materially from those people expressed or implied. Numerous of the next challenges, uncertainties and other factors recognized down below are, and will be, amplified by the COVID-19 pandemic. These pitfalls include, without limitation, risks that: Accenture and BENEXT will not be in a position to near the transaction in the time period anticipated, or at all, which is dependent on the parties’ potential to satisfy selected closing situations the transaction could possibly not obtain the predicted gains for Accenture Accenture’s final results of functions have been appreciably adversely influenced and could in the upcoming be materially adversely impacted by the COVID-19 pandemic Accenture’s benefits of operations have been, and might in the future be, adversely influenced by volatile, negative or unsure economic and political ailments and the effects of these problems on the company’s clients’ businesses and ranges of small business action Accenture’s enterprise relies upon on producing and sustaining ongoing, lucrative client demand for the company’s services and answers together with by way of the adaptation and expansion of its companies and answers in response to ongoing modifications in engineering and choices, and a substantial reduction in these types of demand from customers or an inability to respond to the evolving technological atmosphere could materially have an effect on the company’s effects of functions if Accenture is not able to keep its offer of abilities and sources in harmony with client need all around the earth and catch the attention of and retain experts with powerful leadership competencies, the company’s business, the utilization level of the company’s industry experts and the company’s results of functions might be materially adversely impacted Accenture could confront lawful, reputational and financial threats if the corporation fails to protect shopper and/or enterprise knowledge from safety incidents or cyberattacks the marketplaces in which Accenture operates are really competitive, and Accenture may not be equipped to contend effectively Accenture’s profitability could materially go through if the organization is not able to get hold of favorable pricing for its companies and answers, if the company is unable to stay competitive, if its value-management procedures are unsuccessful or if it experiences shipping and delivery inefficiencies or fall short to satisfy sure agreed-upon targets or specific service amounts variations in Accenture’s level of taxes, as effectively as audits, investigations and tax proceedings, or changes in tax legal guidelines or in their interpretation or enforcement, could have a substance adverse influence on the company’s efficient tax rate, results of operations, cash flows and fiscal situation Accenture’s ability to attract and retain small business and staff members might depend on its standing in the market as a final result of Accenture’s geographically numerous functions and its expansion method to continue on to extend in its vital marketplaces all-around the earth, the corporation is additional susceptible to specific pitfalls Accenture’s company could be materially adversely influenced if the company incurs lawful liability Accenture’s work with authorities clientele exposes the business to further hazards inherent in the govt contracting ecosystem Accenture’s effects of operations could be materially adversely impacted by fluctuations in overseas forex trade fees if Accenture is unable to manage the organizational problems linked with its dimension, the business could be unable to attain its business enterprise objectives if Accenture does not efficiently manage and acquire its associations with key alliance associates or fails to foresee and establish new alliances in new technologies, the company’s effects of functions could be adversely influenced Accenture might not be thriving at obtaining, investing in or integrating firms, moving into into joint ventures or divesting enterprises if Accenture is not able to safeguard or implement its mental home legal rights or if Accenture’s services or methods infringe upon the mental residence rights of some others or the company loses its ability to utilize the mental home of others, its company could be adversely afflicted Accenture’s outcomes of operations and share price tag could be adversely impacted if it is unable to retain effective inside controls changes to accounting benchmarks or in the estimates and assumptions Accenture will make in relationship with the planning of its consolidated money statements could adversely have an impact on its money outcomes Accenture may well be unable to obtain more money on favorable terms or at all and if the organization raises fairness capital, it may possibly dilute its shareholders’ possession interest in the organization Accenture may perhaps be subject to criticism and adverse publicity similar to its incorporation in Ireland as properly as the dangers, uncertainties and other aspects mentioned beneath the “Risk Factors” heading in Accenture plc’s most latest Yearly Report on Sort 10-K and other files filed with or furnished to the Securities and Exchange Fee. Statements in this information launch discuss only as of the date they ended up designed, and Accenture undertakes no obligation to update any ahead-wanting statements produced in this information launch or to conform these kinds of statements to genuine effects or modifications in Accenture’s expectations.
Copyright © 2021 Accenture. All rights reserved. Accenture, and its symbol are logos of Accenture.
