Accenture Acquires Tenbu to Extend Knowledge and AI Functions and Free up Industry Worth Around the Cloud Continuum

Accenture Acquires Tenbu to Extend Knowledge and AI Functions and Free up Industry Worth Around the Cloud Continuum

SAO PAULO, Brazil; Aug.1, 2022 – Accenture (NYSE: ACN) has bought Tenbu, a cloud information company that focuses on answers for clever decision-making and making plans thru spaces similar to analytics, large information and gadget studying. With greater than 150 certifications, Tenbu’s workforce of 170 information experts will sign up for the Knowledge & AI workforce inside Accenture Cloud First. Phrases of the purchase weren’t disclosed.


 


“Our objective is to assist purchasers with overall endeavor reinvention by way of development their virtual core, optimizing operations and accelerating expansion – and cloud information and AI are elementary to a powerful virtual core,” stated Karthik Narain, international lead for Accenture Cloud First. “Including the Tenbu workforce will enlarge our features to assist corporations pressure new services and products, expansion and resilience the use of information from around the cloud continuum for clever decision-making.”

 


“With converting trade and running fashions, evolving architectures, programs and information, purchasers are in search of assist to know the way they are able to monetize around the cloud continuum,” stated Paulo Ossamu, who leads Accenture Generation in Latin The usa. “The Tenbu workforce brings huge information and AI experts to attract up transparent priorities and assist stay other portions of our purchasers’ organizations aligned to succeed in explicit trade results.”


 


The purchase expands Accenture’s Cloud First features thru Latin The usa and globally to convey the corporate’s information and AI experience, trade intensity and repeatable innovation with the cloud ecosystem to assist purchasers unharness the trade price of information. Tenbu is the eleventh acquisition with headquarters in Latin The usa that Accenture has made previously 5 years, together with Arrange Cloud Labs in Brazil in addition to Wolox and Ergo in Argentina, amongst others.


 


With headquarters in Sao Paulo, Tenbu specializes in minimizing complexity with a undertaking of inspiring other people to creatively use information, supported by way of disruptive era and skill transformation. The use of a 360-degree method, Tenbu guides its purchasers thru all the cloud information adventure using skill, era and information to pressure trade transformation.


 


Carlos Pinto, Tenbu’s CEO stated, “Becoming a member of the Accenture Cloud First workforce will permit us to convey our specialised talents to assist purchasers make sensible, well-informed selections that generate price. It’s additionally a large expansion alternative for our other people to be built-in with Accenture Cloud First and to workforce up on trade alternatives around the Accenture trade.”


 


About Accenture


Accenture is an international skilled services and products corporate with main features in virtual, cloud and safety. Combining unequalled revel in and specialised talents throughout greater than 40 industries, we provide Technique and Consulting, Generation and Operations services and products and Accenture Track — all powered by way of the arena’s greatest community of Complex Generation and Clever Operations facilities. Our 710,000 other people ship at the promise of era and human ingenuity on a daily basis, serving purchasers in additional than 120 international locations. We embody the ability of exchange to create price and shared good fortune for our purchasers, other people, shareholders, companions and communities. Talk over with us at accenture.com.


 


Ahead-Taking a look Statements


Except for for the historic data and discussions contained herein, statements on this information free up might represent forward-looking statements throughout the which means of the Non-public Securities Litigation Reform Act of 1995. Phrases similar to “might,” “will,” “must,” “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 few dangers, uncertainties and different components that might purpose precise effects to fluctuate materially from the ones expressed or implied. 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 were, and might one day be, adversely suffering from unstable, unfavorable or unsure financial and political prerequisites, together with the invasion of Ukraine by way of Russia, the comparable sanctions and different measures which have been and proceed to be imposed in line with this warfare, in addition to the present inflationary atmosphere, and the results of those prerequisites at the corporate’s purchasers’ companies and ranges of commercial job; Accenture faces criminal, reputational and monetary dangers from any failure to give protection to consumer and/or corporate information from safety incidents or cyberattacks; Accenture’s trade depends upon producing and keeping up ongoing, successful consumer call for for the corporate’s services and products and answers together with throughout the adaptation and enlargement of its services and products and answers in line with ongoing adjustments in era and choices, and an important 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 check other people and talents with consumer call for world wide and draw in and retain execs with robust management talents, the corporate’s trade, the usage price of the corporate’s execs and the corporate’s result of operations could also be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s trade 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 now not be capable of compete successfully; Accenture’s skill to draw and retain trade and workers might rely on its recognition available on the market; if Accenture does now not effectively organize and broaden 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 might be adversely affected; Accenture’s profitability may just materially undergo if the corporate is not able to procure 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 positive agreed-upon objectives or explicit carrier ranges; adjustments in Accenture’s degree of taxes, in addition to audits, investigations and tax court cases, or adjustments in tax rules or of their interpretation or enforcement, can have a subject material opposed impact at the corporate’s efficient tax price, result of operations, money flows and monetary situation; Accenture’s result of operations might 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 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 will dilute its shareholders’ possession pastime within the corporate; because of Accenture’s geographically various operations and its expansion way to proceed to enlarge in its key markets world wide, the corporate is extra prone to positive dangers; if Accenture is not able to control the organizational demanding situations related to its measurement, the corporate may well be not able to succeed in its trade goals; Accenture may not be a success at obtaining, making an investment in or integrating companies, coming into into joint ventures or divesting companies; Accenture’s trade might be materially adversely affected if the corporate incurs criminal legal responsibility; Accenture’s international operations disclose the corporate to a large number of and every so often conflicting criminal and regulatory necessities; Accenture’s paintings with govt purchasers exposes the corporate to further dangers inherent within the govt contracting atmosphere; if Accenture is not able to give protection to or implement 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 proportion value might be adversely affected whether it is not able to handle efficient inside controls; Accenture could also be matter to complaint and unfavorable exposure associated with its incorporation in Eire; in addition to the hazards, uncertainties and different components mentioned underneath the “Possibility Elements” heading in Accenture %’s most up-to-date Annual Document on Shape 10-Okay and different paperwork filed with or furnished to the Securities and Alternate Fee. Statements on this information free up discuss most effective as of the date they have been made, and Accenture undertakes no accountability to replace any forward-looking statements made on this information free up or to adapt such statements to precise effects or adjustments in Accenture’s expectancies.


 

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Contacts:


 


Fernando de Moraes


Accenture Brazil


+55 11 51880974


fernando.de.m.silva@accenture.com  


 


Mylissa Tsai


Accenture


+1 617 488 7932


mylissa.tsai@accenture.com


 


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