Acquisition includes deep experience and assets for faster, easier implementations of SAP® Integrated Business Planning and SAP® Ariba® Supply Chain Collaboration
NEW YORK; Nov. 5, 2018 – Accenture (NYSE: ACN) has acquired US-based Intrigo Systems, a leading provider of advisory and systems integration services for SAP® enterprise and cloud solutions in e-commerce, supply chain and procurement. The acquisition strengthens Accenture’s capabilities in delivering end-to-end supply chain transformations that can result in better visibility and buying decisions. Terms of the transaction were not disclosed.
Founded in 2009, Intrigo Systems brings to Accenture new resources in key SAP supply chain areas such as SAP® Integrated Business Planning and SAP® Ariba® Supply Chain Collaboration. This enhances Accenture’s capabilities to help clients build digital supply chains that better address cross-functional business decisions, collaborate with suppliers in real-time and simplify compliance.
More than 70 percent of Chief Supply Chain Officers and supply chain leadership executives surveyed in a recent report from Accenture believe by 2020, the supply chain function will drive better customer service for their organizations.
“We are in the era of the intelligent supply chain, where technologies such as artificial intelligence (AI), automation and analytics allow the supply chain to serve as a growth engine as it connects to all elements seamlessly, with a focus on delivering value,” said Bhaskar Ghosh, group chief executive, Accenture Technology Services. “Bringing Intrigo Systems onto our team will provide Accenture with more resources in innovation, development and delivery to help our clients turn their supply chain into a competitive, growth-driving differentiator that shapes a digital, intelligent enterprise.”
“We’re excited to be joining Accenture to help clients use cutting-edge technology to transform their supply chains,” said Padman Ramankutty, CEO, Intrigo Systems. “Our team is known for developing innovative supply chain solutions. As an SAP alliance partner, we have worked closely together to co-innovate and co-develop SAP Integrated Business Planning and the SAP Advanced Planning and Optimization solutions. We also co-innovated with SAP and Microsoft to build and deploy the SAP Ariba Supply Chain Collaboration solution. Working with Accenture, we will continue to implement digital supply chains for clients that enable real-time data analysis for smarter, agile decision making and proactive risk mitigation.”
“Intrigo Systems brings exceptional supply chain talent and experience to Accenture that will benefit our clients in North America and around the world,” said Annette Rippert, senior managing director for Accenture Technology in North America. “By combining their skills with Accenture’s leading capabilities in SAP solutions, we will help our clients leverage innovative technologies including AI and analytics to transform their digital supply chains and improve business performance.”
As part of an alliance that spans over 40 years, Accenture works with SAP on end-to-end product innovation, development and delivery. Accenture also has the world’s largest team skilled in SAP solutions and services, with more than 47,000 practitioners globally, and has received 38 SAP Pinnacle Awards for excellence in developing innovative SAP solutions that help clients run their businesses better and more efficiently.
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 459,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com
SAP, SAP S/4HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. These include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations could be adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the changing technological environment could materially affect the company’s results of operations; if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture could face legal, reputational and financial risks if the company fails to protect client and/or company data from security breaches or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; as a result of Accenture’s geographically diverse operations and its growth strategy to continue geographic expansion, the company is more susceptible to certain risks; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; if Accenture does not successfully manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; if Accenture is unable to protect its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; many of Accenture’s contracts include payments that link some of its fees to the attainment of performance or business targets and/or require the company to meet specific service levels, which could increase the variability of the company’s revenues and impact its margins; Accenture’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders’ ownership interest in the company; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent annual report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.
+1 312 693 7301
Copyright © 2018 Accenture. All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.