Accenture Acquires Knowledge Rules, a Leading Provider Of Pegasystems’ Business Process Management Services
NEW YORK; Nov. 2, 2010 -- Accenture (NYSE:ACN) has acquired Knowledge Rules, Inc., a Philadelphia-based consulting company that focuses exclusively on implementing and integrating business solutions using Pegasystems’ Business Process Management (BPM) software. Financial terms of the transaction were not disclosed.
BPM is a discipline that provides structure and governance to manage and optimize an organization’s activities and processes - linking strategy, people and the enabling technology – to optimize its day-to-day execution.
Accenture’s existing BPM practice helps clients develop and operate scalable, efficient and agile business processes to generate value quickly, provide measurable results, and deliver long-lasting value. The acquisition of Knowledge Rules enhances Accenture’s Pegasystems capabilities in key U.S. and European markets. The addition of the comprehensive suite of capabilities, experience and training intellectual property developed by Knowledge Rules will enable Accenture to significantly increase its ability to help clients optimize their Pegasystems implementations.
The acquisition reflects the growing adoption and accelerated growth of Pegasystems SmartBPM products by Fortune 500 companies and the increasing need for proven, reusable process methodologies for rapid and efficient implementations.
“Pegasystems is one of the fastest-growing software providers and is a recognized leader in the automation of BPM-based solutions. This acquisition immediately increases our capacity to implement Pegasystems-based solutions, and will enable us to train and develop more people, more quickly,” said Paul Daugherty, Accenture’s chief technology architect. “Accenture is committed to bringing market-leading BPM solutions to clients and helping them get the most value those solutions can provide.”
“Knowledge Rules’ unique ability to offer a blend of proven assessment, implementation and Pegasystems management services, combined with Accenture’s world-class resources, capabilities and relationships, will enable Accenture to create a strategic global delivery model that will delight customers and employees of both organizations,” said Ron Rock, CEO of Knowledge Rules.
Alan Trefler, CEO of Pegasystems, said, “We’ve worked very closely with both organizations, and the existing Accenture BPM team combined with the Knowledge Rules BPM team, as a result of this acquisition, brings together a group of very talented people committed to client success. This new capability can lead organizations from the initial implementation of Pegasystems applications to the realization of operational gains, which is incredibly important to us and the growing Pega community. We are excited that Accenture is demonstrating its commitment to Pegasystems customers by making such an important investment.”
Accenture is a global management consulting, technology services and outsourcing company, with approximately 204,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$21.6 billion for the fiscal year ended Aug. 31, 2010. Its home page is www.accenture.com.
+1 917 452 5161