Accenture Acquires Ergo to Increase Information & AI Features and Boost up Information-Led Transformation at the Cloud

Accenture Acquires Ergo to Increase Information & AI Features and Boost up Information-Led Transformation at the Cloud

 


BUENOS AIRES, Argentina; April 21, 2022 – Accenture (NYSE: ACN) has obtained Ergo, a data-centered trade situated in Argentina that is helping firms create a tradition of data-driven decision-making the use of large information, analytics and synthetic intelligence (AI). Ergo’s group of 200 information consultants will sign up for the Information & AI group inside Accenture Cloud First. Monetary phrases of the purchase weren’t disclosed.


 


The purchase expands Accenture’s Cloud First features to force data-led transformations for shoppers within the Hispanic South American marketplace, spanning Argentina, Chile, and Colombia.

With headquarters in Buenos Aires, Ergo brings human-centric design ideas to construct information answers that information higher trade selections. Based in 2004, Ergo combines generation experience and customer-focused consulting to combine information and AI around the undertaking and create a relied on unmarried supply of insights.


 


“Virtually on a daily basis, 2.5 quintillion bytes of information are created by way of people and machines around the cloud continuum on the edge, on the net and in information facilities. Cloud is where the place all this knowledge beneficial properties accessibility and scale. Cloud’s complicated information & AI gear empower firms to develop into information into highbrow capital like by no means ahead of,” mentioned Karthik Narain, world lead for Accenture Cloud First. “Through obtaining Ergo, Accenture will deliver extra sources to assist shoppers achieve insights about the place to center of attention their transformation for probably the most price and the way information can strengthen higher decision-making during the transformation procedure.” 


 


Ariel Güelmos, Ergo’s CEO mentioned, “Becoming a member of the Accenture Cloud First group will allow us to scale our data-led enjoy for primary international shoppers to reach higher trade results, sooner – from bettering how they paintings, how they serve shoppers, and the way they differentiate thru new services and products.”


 


About Accenture


Accenture is a world skilled services and products corporate with main features in virtual, cloud and safety. Combining unrivaled enjoy and specialised talents throughout greater than 40 industries, we provide Technique and Consulting, Interactive, Generation and Operations services and products — all powered by way of the arena’s greatest community of Complicated Generation and Clever Operations facilities. Our 699,000 other folks ship at the promise of generation and human ingenuity on a daily basis, serving shoppers in additional than 120 nations. We include the facility of exchange to create price and shared luck for our shoppers, other folks, shareholders, companions and communities. Talk over with us at www.accenture.com. 


 


Ahead-Having a look Statements


Apart from for the historic data and discussions contained herein, statements on this information unencumber might represent forward-looking statements inside the that means of the Non-public Securities Litigation Reform Act of 1995. Phrases akin to “might,” “will,” “will have to,” “most likely,” “anticipates,” “expects,” “intends,” “plans,” “initiatives,” “believes,” “estimates,” “situated,” “outlook” and equivalent expressions are used to spot those forward-looking statements. Those statements contain quite a lot of dangers, uncertainties and different components that would reason exact effects to vary materially from the ones expressed or implied. Most of the following dangers, uncertainties and different components known underneath is also amplified by way of the invasion of Ukraine by way of Russia, the sanctions (together with their period), and different measures being imposed according to this battle, in addition to any escalation or enlargement of financial disruption or the battle’s present scope. Those dangers come with, with out limitation, dangers that: the transaction may now not succeed in the expected advantages for Accenture; Accenture’s result of operations had been, and might one day be, adversely suffering from risky, adverse or unsure financial and political stipulations and the results of those stipulations at the corporate’s shoppers’ companies and ranges of commercial task; Accenture faces prison, reputational and monetary dangers from any failure to offer protection to consumer and/or corporate information from safety incidents or cyberattacks; Accenture’s trade is dependent upon producing and keeping up ongoing, winning consumer call for for the corporate’s services and products and answers together with during the adaptation and enlargement of its services and products and answers according to ongoing adjustments in generation and choices, and a vital aid in such call for or an incapacity to reply to the evolving technological atmosphere may just materially have an effect on the corporate’s result of operations; if Accenture is not able to compare other folks and abilities with consumer call for around the globe and draw in and retain execs with sturdy management talents, the corporate’s trade, the usage fee of the corporate’s execs and the corporate’s result of operations is also materially adversely affected; the COVID-19 pandemic has impacted Accenture’s trade and operations, and the level to which it’ll proceed to take action and its have an effect on at the corporate’s long run monetary effects are unsure; the markets by which Accenture operates are extremely aggressive, and Accenture may now not have the ability to compete successfully; Accenture’s skill to draw and retain trade and staff might rely on its recognition available on the market; if Accenture does now not effectively set up and broaden its relationships with key alliance companions or fails to await and determine new alliances in new applied sciences, the corporate’s result of operations might be adversely affected; Accenture’s profitability may just materially undergo if the corporate is not able to acquire favorable pricing for its services and products and answers, if the corporate is not able to stay aggressive, if its cost-management methods are unsuccessful or if it stories supply inefficiencies or fail to fulfill positive agreed-upon objectives or explicit carrier ranges; adjustments in Accenture’s stage of taxes, in addition to audits, investigations and tax lawsuits, or adjustments in tax rules or of their interpretation or enforcement, will have a subject matter hostile impact at the corporate’s efficient tax fee, result of operations, money flows and monetary situation; Accenture’s result of operations might be materially adversely suffering from fluctuations in foreign exchange change charges; adjustments to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may just adversely have an effect on its monetary effects; Accenture may well be not able to get right of entry to further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it is going to dilute its shareholders’ possession hobby within the corporate; on account of Accenture’s geographically various operations and its enlargement way to proceed to increase in its key markets around the globe, the corporate is extra vulnerable to positive dangers; if Accenture is not able to regulate the organizational demanding situations related to its measurement, the corporate may well be not able to reach its trade targets; Accenture will not be a success at obtaining, making an investment in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s trade might be materially adversely affected if the corporate incurs prison legal responsibility; Accenture’s world operations divulge the corporate to a large number of and occasionally conflicting prison and regulatory necessities; Accenture’s paintings with govt shoppers exposes the corporate to further dangers inherent within the govt contracting atmosphere; if Accenture is not able to offer protection to or put in force its highbrow belongings rights or if Accenture’s services and products or answers infringe upon the highbrow belongings rights of others or the corporate loses its skill to make use of the highbrow belongings of others, its trade might be adversely affected; Accenture’s result of operations and percentage worth might be adversely affected whether it is not able to handle efficient inner controls; Accenture is also matter to grievance and adverse exposure associated with its incorporation in Eire; in addition to the hazards, uncertainties and different components mentioned beneath the “Chance Elements” heading in Accenture %’s most up-to-date Annual File on Shape 10-Ok and different paperwork filed with or furnished to the Securities and Change Fee. Statements on this information unencumber discuss best as of the date they had been made, and Accenture undertakes no accountability to replace any forward-looking statements made on this information unencumber or to evolve such statements to exact effects or adjustments in Accenture’s expectancies.  


 

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Contacts:


 


Gabriela Oliván


Accenture


+5 41 1400 93519


gabriela.olivan@accenture.com


 


Mylissa Tsai


Accenture


+1 617 488 7932


mylissa.tsai@accenture.com


 


Cecilia Niscovolos


Accenture


cecilia.niscovolos@accenture.com


 


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