June 6, 2024

Accenture Completes Acquisition of Data Consultancy Parsionate

FRANKFURT, Germany; June 6, 2024 – Accenture (NYSE: ACN) has completed the acquisition of Parsionate, a data consultancy specialized in data products and modern data foundation services, ranging from data strategy development to technology implementation.

Parsionate is known for its ability to translate between data architectures and business context. With deep industry-specific capabilities in the retail and industrial sector, as well as in the consumer goods and life sciences industries, the acquisition of Parsionate will strengthen Accenture's data and artificial intelligence (AI) capabilities in Europe and enhance the company's ability to deliver innovative, data-driven solutions to clients in these markets.

The acquisition of Parsionate, previously announced on May 2, 2024 adds 130 professionals, from data consultants and architects to engineers to Accenture Technology's Data & AI group. Parsionate’s founders, Thomas Sperrfechter and Michael Fieg, will lead the data architecture and management portfolio within the group in Germany, Austria and Switzerland.

Parsionate's holistic data expertise, from strategy development to technology implementation, will enhance Accenture’s ability to provide clients with highly tailored and effective data-driven solutions that will help them harness the transformative power of generative AI.

About Accenture
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 742,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

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