Accenture Acquires Advocate, Expanding Technology Business Management Capabilities

NORCROSS, Ga., June 06, 2022–(Company WIRE)–Accenture (NYSE: ACN) has obtained Advocate Networks, LLC, a main technology consultancy and managed providers service provider of Engineering Company Management (TBM) methods that aid organizations produce company benefit, attain price personal savings and modernize their technological innovation platforms. Terms of the transaction have been not disclosed.

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Accenture obtained Advocate Networks, engineering consultancy and managed solutions provider of Technology Business Management alternatives. (Photograph: Organization Wire)

Headquartered in Norcross, Ga, Advocate’s team of more than 85 pros is becoming a member of Accenture’s Know-how Method & Advisory practice, bringing capabilities for supporting clientele outline, architect and evaluate benefit from their digital and cloud transformations. Advocate has deep technological innovation knowledge and a total suite of companies that support corporations align technology investments with business aims and uncover personal savings to reinvest in initiatives that travel development and transformation.

“Businesses assume their technological innovation investments to gasoline innovation and completely transform business functions and are more and more adopting TBM rules to optimize devote and provide and show fast strategic company worth,” reported Keith Boone, Accenture’s North America Technological innovation System & Advisory direct. “With the impressive combination of Accenture and Advocate, we will supply a multitude of marketplace-leading means and abilities to aid our customers evaluate the benefit of know-how initiatives in a crystal clear, quantifiable manner.”

Advocate’s whole suite of TBM expert services, from strategic advisory to TBM-as-a-services (TBMaaS), enhance Accenture’s cloud and digital transformation companies and close-to-conclusion capabilities for TBM and FinOps. Advocate also brings accelerators for business-primary resources and dashboards for IT benefit administration and solutions that will enhance insights delivered by Accenture’s proprietary property, these as Accenture Momentum, myConcerto, myDiagnostic and myNav, with added TBM analytics.

“For extra than two a long time, Advocate’s company clients have relied on our committed group of TBM advisors, business believed leaders and technological know-how professionals to make improvements to performance and uncover discounts for new investments,” claimed Tim Smart, co-founder and co-CEO of Advocate. “We share Accenture Technologies Tactic & Advisory’s function for encouraging clientele architect and notice extraordinary business enterprise benefit from technological know-how and are fired up to bring our blended abilities to the two new and existing shoppers.”

Accenture’s Engineering System & Advisory observe operates with clients to outline their know-how visions and develop the needed roadmaps and execution ideas to produce sustainable benefit from technological innovation investments.

About Accenture
Accenture is a global expert products and services organization with leading capabilities in electronic, cloud and safety. Combining unmatched knowledge and specialized skills across extra than 40 industries, we present System and Consulting, Technological innovation and Functions services and Accenture Song—all driven by the world’s biggest network of Sophisticated Technological innovation and Intelligent Functions centers. Our 699,000 people today produce on the assure of technology and human ingenuity just about every day, serving shoppers in additional than 120 international locations. We embrace the ability of alter to generate price and shared results for our customers, people today, shareholders, partners and communities. Go to us at

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sire for the company’s companies and options such as as a result of the adaptation and growth of its providers and methods in response to ongoing changes in engineering and offerings, and a considerable reduction in such desire or an incapability to respond to the evolving technological surroundings could materially influence the company’s success of operations if Accenture is unable to match people today and expertise with shopper demand all over the world and attract and retain pros with potent management techniques, the company’s business, the utilization price of the company’s industry experts and the company’s outcomes of functions might be materially adversely affected the COVID-19 pandemic has impacted Accenture’s business and functions, and the extent to which it will go on to do so and its influence on the company’s future monetary success are unsure the markets in which Accenture operates are extremely aggressive, and Accenture may well not be ready to contend correctly Accenture’s ability to catch the attention of and keep small business and workforce may well count on its standing in the marketplace if Accenture does not productively manage and develop its interactions with crucial alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of functions could be adversely influenced Accenture’s profitability could materially go through if the business is unable to obtain favorable pricing for its companies and answers, if the firm is not able to remain aggressive, if its cost-administration tactics are unsuccessful or if it ordeals shipping inefficiencies or fall short to fulfill certain agreed-upon targets or distinct services levels adjustments in Accenture’s degree of taxes, as properly as audits, investigations and tax proceedings, or improvements in tax rules or in their interpretation or enforcement, could have a substance adverse result on the company’s effective tax fee, benefits of functions, cash flows and financial problem Accenture’s results of functions could be materially adversely influenced by fluctuations in foreign currency exchange premiums improvements to accounting requirements or in the estimates and assumptions Accenture can make in connection with the planning of its consolidated fiscal statements could adversely impact its fiscal final results Accenture might be not able to accessibility further cash on favorable phrases or at all and if the business raises equity capital, it may well dilute its shareholders’ ownership curiosity in the enterprise as a result of Accenture’s geographically numerous functions and its growth technique to continue to extend in its essential marketplaces about the world, the organization is much more inclined to certain hazards if Accenture is not able to manage the organizational issues connected with its dimension, the corporation may well be unable to attain its business aims Accenture may possibly not be productive at obtaining, investing in or integrating firms, entering into joint ventures or divesting businesses Accenture’s business could be materially adversely afflicted if the firm incurs legal legal responsibility Accenture’s world functions expose the corporation to various and often conflicting legal and regulatory specifications Accenture’s do the job with authorities customers exposes the enterprise to supplemental hazards inherent in the government contracting atmosphere if Accenture is not able to guard or enforce its intellectual assets rights or if Accenture’s providers or answers infringe upon the intellectual property rights of some others or the organization loses its means to benefit from the mental home of some others, its company could be adversely afflicted Accenture’s final results of operations and share value could be adversely influenced if it is not able to keep powerful internal controls Accenture may well be subject matter to criticism and destructive publicity associated to its incorporation in Ireland as perfectly as the challenges, uncertainties and other elements discussed underneath the “Possibility Variables” heading in Accenture plc’s most modern Once-a-year Report on Variety 10-K and other files submitted with or furnished to the Securities and Exchange Fee. Statements in this news launch talk only as of the date they were built, and Accenture undertakes no obligation to update any ahead-seeking statements manufactured in this news release or to conform these types of statements to genuine outcomes or adjustments in Accenture’s anticipations.

Copyright © 2022 Accenture. All rights reserved. Accenture and its brand are trademarks of Accenture.

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Maggie Nolan
+1 917 852 3694
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