June 06, 2022

Accenture Acquires Suggest, Increasing Generation Industry Control Functions


NORCROSS, GA; June 6, 2022 – Accenture (NYSE: ACN) has obtained Suggest Networks, LLC, a number one generation consultancy and controlled services and products supplier of Generation Industry Control (TBM) answers that assist organizations create industry worth, reach charge financial savings and modernize their generation platforms. Phrases of the transaction weren’t disclosed.


Headquartered in Norcross, Georgia, Suggest’s staff of greater than 85 pros is becoming a member of Accenture’s Generation Technique & Advisory observe, bringing functions for serving to shoppers outline, architect and measure worth from their virtual and cloud transformations. Suggest has deep generation experience and a complete suite of services and products that assist organizations align generation investments with industry targets and discover financial savings to reinvest in tasks that force expansion and transformation.


“Organizations be expecting their generation investments to gasoline innovation and turn into industry operations and are an increasing number of adopting TBM ideas to optimize spend and ship and show fast strategic industry worth,” mentioned Keith Boone, Accenture’s North The us Generation Technique & Advisory lead. “With the tough mixture of Accenture and Suggest, we can be offering a large number of industry-leading assets and functions to assist our shoppers measure the price of generation tasks in a transparent, quantifiable method.”


Suggest’s complete suite of TBM services and products, from strategic advisory to TBM-as-a-service (TBMaaS), supplement Accenture’s cloud and virtual transformation services and products and end-to-end functions for TBM and FinOps. Suggest additionally brings accelerators for industry-leading equipment and dashboards for IT worth leadership and services and products that can toughen insights supplied through Accenture’s proprietary belongings, reminiscent of Accenture Momentum, myConcerto, myDiagnostic and myNav, with further TBM analytics.


“For greater than 20 years, Suggest’s undertaking shoppers have depended on our devoted staff of TBM advisors, {industry} concept leaders and generation experts to enhance potency and discover financial savings for brand new investments,” mentioned Tim Smart, co-founder and co-CEO of Suggest. “We percentage Accenture Generation Technique & Advisory’s goal for serving to shoppers architect and notice outstanding industry worth from generation and are excited to deliver our mixed functions to each new and current consumers.”


Accenture’s Generation Technique & Advisory observe works with shoppers to outline their generation visions and construct the vital roadmaps and execution plans to create sustainable worth from generation investments.


About Accenture

Accenture is an international skilled services and products corporate with main functions in virtual, cloud and safety. Combining unrivaled enjoy and specialised talents throughout greater than 40 industries, we provide Technique and Consulting, Generation and Operations services and products and Accenture Tune—all powered through the sector’s greatest community of Complicated Generation and Clever Operations facilities. Our 699,000 other folks ship at the promise of generation and human ingenuity each day, serving shoppers in additional than 120 international locations. We embody the facility of trade to create worth and shared luck for our shoppers, other folks, shareholders, companions and communities. Seek advice from us at accenture.com.


Ahead-Taking a look Statements

With the exception of for the ancient data and discussions contained herein, statements on this information unencumber would possibly represent forward-looking statements throughout the that means of the Personal Securities Litigation Reform Act of 1995. Phrases reminiscent of “would possibly,” “will,” “will have to,” “most probably,” “anticipates,” “expects,” “intends,” “plans,” “tasks,” “believes,” “estimates,” “located,” “outlook” and equivalent expressions are used to spot those forward-looking statements. Those statements contain quite a lot of dangers, uncertainties and different elements that would reason exact effects to vary materially from the ones expressed or implied. Most of the following dangers, uncertainties and different elements recognized underneath is also amplified through the invasion of Ukraine through Russia, the sanctions (together with their length), and different measures being imposed based on this battle, in addition to any escalation or growth of monetary disruption or the battle’s present scope. Those dangers come with, with out limitation, dangers that: the transaction may no longer reach the expected advantages for Accenture; Accenture’s result of operations were, and would possibly at some point be, adversely suffering from risky, adverse or unsure financial and political prerequisites and the results of those prerequisites at the corporate’s shoppers’ companies and ranges of industrial task; Accenture faces criminal, reputational and fiscal dangers from any failure to offer protection to consumer and/or corporate information from safety incidents or cyberattacks; Accenture’s industry depends upon producing and keeping up ongoing, winning consumer call for for the corporate’s services and products and answers together with in the course of the adaptation and growth of its services and products and answers based on ongoing adjustments in generation and choices, and an important relief in such call for or an incapability to reply to the evolving technological atmosphere may materially have an effect on the corporate’s result of operations; if Accenture is not able to check other folks and talents with consumer call for world wide and draw in and retain pros with robust management talents, the corporate’s industry, the usage fee of the corporate’s pros and the corporate’s result of operations is also materially adversely affected; the COVID-19 pandemic has impacted Accenture’s industry and operations, and the level to which it’s going to proceed to take action and its affect at the corporate’s long term monetary effects are unsure; the markets during which Accenture operates are extremely aggressive, and Accenture may no longer be capable of compete successfully; Accenture’s skill to draw and retain industry and workers would possibly rely on its popularity available on the market; if Accenture does no longer effectively organize and increase its relationships with key alliance companions or fails to look ahead to and identify new alliances in new applied sciences, the corporate’s result of operations may well be adversely affected; Accenture’s profitability may 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 reviews supply inefficiencies or fail to fulfill sure agreed-upon objectives or particular carrier ranges; adjustments in Accenture’s degree 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 fiscal situation; Accenture’s result of operations may well be materially adversely suffering from fluctuations in foreign currencies 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 adversely have an effect on its monetary effects; Accenture may well be not able to get entry to further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it should dilute its shareholders’ possession passion within the corporate; on account of Accenture’s geographically various operations and its expansion method to proceed to extend in its key markets world wide, the corporate is extra at risk of sure dangers; if Accenture is not able to regulate the organizational demanding situations related to its dimension, the corporate may well be not able to reach its industry targets; Accenture may not be a success at obtaining, making an investment in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s industry may well be materially adversely affected if the corporate incurs criminal legal responsibility; Accenture’s international operations disclose the corporate to a lot of and once in a while conflicting criminal and regulatory necessities; Accenture’s paintings with executive shoppers exposes the corporate to further dangers inherent within the executive contracting atmosphere; if Accenture is not able to offer protection to or put in force its highbrow assets rights or if Accenture’s services and products or answers infringe upon the highbrow assets rights of others or the corporate loses its skill to make use of the highbrow assets of others, its industry may well be adversely affected; Accenture’s result of operations and percentage value may well be adversely affected whether it is not able to take care of efficient inner controls; Accenture is also matter to complaint and adverse exposure associated with its incorporation in Eire; in addition to the dangers, uncertainties and different elements mentioned below the “Possibility Components” heading in Accenture percent’s most up-to-date Annual Document on Shape 10-Ok and different paperwork filed with or furnished to the Securities and Trade Fee. Statements on this information unencumber discuss handiest as of the date they have been made, and Accenture undertakes no responsibility 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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Maggie Nolan


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