Accenture Completes Acquisition of IT Services Provider Trivadis AG | Your money
GLATTBRUGG, Switzerland – (BUSINESS WIRE) – August 5, 2021–
Accenture (NYSE: ACN) completed the acquisition of Trivadis SA, an IT service provider specializing in platforms and solutions for highly automated provisioning and innovative use of data. The terms of the transaction, which Accenture announcement July 1 were not disclosed.
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Trivadis joins Accenture (Graphic: Business Wire)
Headquartered in Glattbrugg, Switzerland, Trivadis uses a suite of accelerators and proprietary assets to help companies advance the lifecycle of their data platforms, automate operational tasks in databases, develop warehouse solutions and accelerate migrations to the cloud. Trivadis works with its clients to improve their data literacy, drive cloud-based data modernization journeys, and deliver actionable insights.
Trivadis also helps companies refine their business models and use new capabilities such as automation, AI, and cloud services to build a strategic foundation that derives the most value from data. The Trivadis team of more than 700 professionals in Switzerland, Germany, Austria, Denmark and Romania joins the Data & AI team of Accenture within the Accenture Cloud first group.
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.
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These risks include, but are not limited to, the risks that: 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 have a material impact on 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 if 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 sensitive 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 its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the operating results of the company could be adversely affected. negative; Accenture may not be successful in acquiring, investing in or integrating businesses, establishing 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 relating to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under “Risk Factors” in Accenture plc’s most recent annual report on Form 10-K and other documents filed or provided to the Securities and Exchange 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.
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INDUSTRY KEYWORD: DATA MANAGEMENT OF SOFTWARE TECHNOLOGY NETWORKS
Copyright Business Wire 2021.
PUB: 05/08/21 09: 09 / DISC: 05/08/21 09:09
Copyright Business Wire 2021.