Accenture: Welcome aboard Wabion! With this acquisition, Accenture is accelerating its Cloud First strategies with extended Google Cloud capabilities.

0


Accenture to Acquire Wabion to Accelerate Cloud First Strategies with Expanded Google Cloud Capabilities

ESSLINGEN, Germany and OLTEN, SwitzerlandAccent (NYSE: ACN) has agreed to acquire Wabion, a Google Cloud services store headquartered in Esslingen, Germany and Olten, Switzerland as well as additional offices in Munich, Cologne and Lausanne. The team of more than 60 professionals will join the Accenture team Google Cloud Group of Companies, which is part of Accenture Cloud First. Terms of the transaction were not disclosed.

As a Google Cloud service provider, Wabion offers a full range of consulting and implementation services for Google Cloud Platform and the Google Workspace solution, including integration, development, licensing and training. Founded in 2004, Wabion has worked with established companies and digital natives on their cloud migrations, the development of cloud native applications to create new cloud-based solutions, and Google Workspace deployments for online collaboration and labor productivity. Wabion is a Google Cloud Premier partner and recognized for its in-depth expertise in Google Cloud innovations and technological developments.

“The cloud is where all breakthrough technological innovations occur today and a cloud-centric strategy can help any business harness change quickly and at scale,” said Karthik Narain, global leader in Accenture Cloud First. “Wabion’s industry-leading Google Cloud skills will further strengthen Accenture Cloud First to continue to combine the best of Google’s human-centric design and innovation with the intelligence of Accenture.”

Frank Riemensperger, head of the market unit for Accenture in Germany, Austria, Switzerland and Russia, said: “The acquisition of Wabion strengthens both our Cloud first capabilities, enabling customers in our region to create more value and accelerate their digital transformations. The combination of Wabion’s expertise with Accenture’s industry knowledge and end-to-end business transformation experience will help clients in the DACH marketplace harness local talent in addition to our vast resources. Accenture Google Cloud Group of Companies. “

“As part of Accenture Cloud First, we will broaden our impact in new markets and industries by further developing and expanding specialist services for Google products, from cloud platforms, data and machine learning to security and cloud automation, “said Volkmar binding, co-founder and partner at Wabion.

Last year, Accenture announced the creation of Accenture Cloud First, a new multi-service group of 70,000 cloud professionals, as well as a $ 3 billion investment over three years to rapidly expand its capabilities and cloud service offerings. Accenture Cloud First incorporates the company’s broad cloud expertise to help customers across industries accelerate their digital transformation and realize greater value at speed and scale by rapidly becoming ‘cloud first’ businesses “.

The acquisition is subject to customary closing conditions.

About Accenture

Accenture is a global professional services company with industry-leading digital, cloud and security capabilities. Combining unparalleled experience and specialized skills in more than 40 industries, we offer strategy and advisory, interactive, technological and operational services, all powered by the world’s largest network of advanced technology and intelligent operations centers. Our 569,000 employees deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at www.accenture.com.

Forward-looking statements

Except for historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may”, “Will”, “should”, “probable”, “anticipates”, “expects”, “intends”, “foresees”, “projects”, “believes”, “estimates”, “positions itself “,” Outlook “and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the risks, uncertainties and other factors identified below are and will be magnified by the COVID-19 pandemic. These risks include, but are not limited to, the risks that: Accenture and Wabion may not be able to close the transaction within the expected time frame, or not at all, which depends on the ability of the parties to meet certain closing conditions ; the transaction may not generate the expected profits for Accenture; Accenture’s operating results were significantly affected and could in the future be significantly affected by the COVID-19 pandemic; Accenture’s operating results have been, and may in the future, be affected by volatile, negative or uncertain economic and political conditions and the effects of such conditions on the businesses and activity levels of the Company’s customers. society ; Accenture’s business depends on generating and sustaining a continuous and profitable customer demand for the company’s services and solutions, including by adapting and expanding its services and solutions in response to continuous change. technology and offerings, and a significant reduction in this demand or an inability to respond to the changing technological environment could significantly affect the Company’s operating results; if Accenture is unable to keep its supply of skills and resources in balance with the demand of customers around the world and to attract and retain professionals with strong leadership skills, the business of the company, the rate of utilization of the company’s professionals and the company’s operating results may be materially adversely affected; Accenture could face legal, reputational and financial risks if the company fails to protect customer and / or company data from security incidents or cyber attacks; the markets in which Accenture operates are highly competitive and Accenture may not be able to compete effectively; Accenture’s profitability could suffer significantly if the company is not able to obtain favorable prices for its services and solutions, if the company is not able to remain competitive, if its management strategies costs fail or it experiences delivery inefficiencies or fails to meet certain agreed upon agreements. on specific objectives or service levels; changes in Accenture’s tax level, as well as tax audits, investigations and procedures, or changes in tax laws or their interpretation or application, could have a material adverse effect on the tax rate company workforce, operating results, cash flows and statements; Accenture’s ability to attract and retain businesses and employees may depend on its reputation in the market; due to Accenture’s geographically diversified operations and its growth strategy to continue expanding in key markets around the world, the company is more exposed to certain risks; Accenture’s business could be seriously affected if the company assumes legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the public procurement environment; Accenture’s operating results could be significantly affected by fluctuations in foreign exchange rates; if Accenture is unable to manage the organizational challenges associated with its size, the business may not be able to meet its business goals; If Accenture fails to manage and develop relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s operating results could be adversely affected. negative; Accenture may not be successful in acquiring, investing or integrating businesses, creating joint ventures or disposing of businesses; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe the intellectual property rights of others or if the company loses its ability to use intellectual property others, their activity could be affected; Accenture’s operating results and share price could be affected if it were not able to maintain effective internal controls; changes in accounting standards or in the estimates and assumptions made by Accenture in the preparation of its consolidated financial statements could have an adverse effect on its financial results; Accenture may not be able to access additional capital on favorable terms or at all and if the company raises equity capital it may dilute its shareholders’ stake in the company; Accenture may be subject to criticism and negative publicity related to its inclusion in Ireland; as well as the risks, uncertainties and other factors discussed under the heading “Risk factors” in Accenture plc the most recent annual report on Form 10-K and other documents filed or provided to the Security and Trade Commission. The statements contained in this press release speak only as of the date on which they are made, and Accenture assumes no obligation to update any forward-looking statements made in this press release or to conform such statements to results. realities or changes in Accenture’s expectations.

.



Source link

Leave A Reply

Your email address will not be published.