Accenture Acquires Industrie&Co to Help Australian Clients Maximise Cloud First Investments and Transform into Digital Businesses
SYDNEY, Australia; May 27, 2021 – Accenture: (NYSE: ACN) has acquired Industrie&Co, a technology consultancy that designs and creates cloud native solutions for enterprises and “born in the cloud” fast emerging companies. The acquisition expands Accenture’s Cloud First capabilities in delivering cloud native services for clients, particularly within financial services, as they increasingly transform into digital businesses and build new digital products and services. Terms of the transaction are not being disclosed.
Founded in 2007, and headquartered in Sydney, with offices in Melbourne, Hong Kong and Singapore, Industrie&Co brings to Accenture a deep heritage in cloud infrastructure engineering, offering organisations a comprehensive service suite encompassing capabilities across strategy, design and delivery of cloud products and platforms.
With 173 employees, Industrie&Co has strong financial services experience spanning multiple verticals, including banking, payments, wealth management, superannuation, insurance and capital markets.
The acquisition enables Accenture Cloud First to apply its leading multi-service capabilities and provide clients with an unparalleled combination of industry knowledge, cloud and infrastructure experience, and cloud ecosystem leadership.
“Cloud engineering is in high-demand as the benefits of cloud are increasingly realised locally and more clients are demanding cloud native solutions built at speed,” said Matt Coates, Cloud First Lead for Accenture in Australia and New Zealand. “Accenture’s cloud first approach is closely aligned with Industrie&Co and the combination of the two firms will ensure our clients maintain a competitive advantage and reap the benefit of seamless, end-to-end cloud capabilities.”
Con Zeritis, CEO of Industrie&Co said, “We are delighted to have the opportunity to become part of Accenture, we share entrepreneurial values and an ambition to drive innovation, growth and business outcomes. Accenture’s vast client network, global scale and investment in their cloud-first strategy makes for an ideal home to enable us to accelerate our growth objectives for both our clients and team.”
“The Industrie&Co team brings to Accenture a strong industry footprint and culture of innovation, that will enable us to drive growth for our clients,” said Tara Brady, market unit lead for Accenture in Australia and New Zealand. “In the context of a constrained talent market, Industrie&Co’s skills will ensure we are well positioned to continue to accelerate our client’s growth and innovation capabilities.”
Accenture’s acquisition of Industrie&Co follows other investments across Australia and New Zealand in the past 18 months, including operational technology provider Electro 80, supply chain and logistics consulting firm GRA, cloud-native solutions provider Olikka, SAP and cloud solutions technology firm Zag, data analytics and supply chain management company Icon Integration and business strategy and econometrics firm AlphaBeta.
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 537,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
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