January 25, 2017

Accenture Acquires solid-serVision to Significantly Expand ServiceNow Capabilities

Acquisition creates one of the largest ServiceNow implementation teams in Europe focused on helping clients to drive value from the As-a-Service economy

NEW YORK; Jan. 25, 2017 – Accenture (NYSE: ACN) has acquired solid-serVision, a Germany-based privately owned consulting and system integration company that is one of the largest independent ServiceNow® pure play companies in Europe. The acquisition further strengthens Accenture’s position as a leader in the ServiceNow partner ecosystem, enhancing Accenture’s technology capabilities and deep industry experience in cloud strategy, implementation, migration, integration and management.

“Our clients are eager to adopt As-a-Service operating models as they fuel their innovation through cloud,” said Jack Sepple, senior managing director, Accenture Cloud and Accenture Operations group technology officer. “Accenture’s Cloud First approach enables us to offer clients the latest capabilities for an easier and more efficient path to cloud adoption. This acquisition is the latest in a series of significant investments we’ve made in our cloud business to help our customers on their journey to cloud.”

solid-serVision is now part of Accenture’s global ServiceNow practice, adding approximately 100 professionals with more than 130 ServiceNow certifications to Accenture, creating a leading ServiceNow implementation team in Germany, and extending Accenture’s cloud services leadership position in Europe and in the industry at large.

“The expertise of the solid-serVision staff and depth of their ServiceNow capabilities is a natural complement to Accenture’s regional and global position,” said Tobias Regenfuß, Managing Director Accenture Infrastructure Services Austria, Switzerland and Germany, “solid-serVision brings one of the largest dedicated and certified ServiceNow Consulting, Implementation and Testing workforce in Germany to Accenture as well as a leading ServiceNow Training Provider in Europe. We are excited to be welcoming solid-serVision’s talented professionals to our cloud team and to begin working together for our clients.”

solid-serVision, headquartered in Dresden, Germany, was founded in 2011 and quickly became one of the largest independent ServiceNow pure play companies in Europe, earning the highest customer score in 2016 among all service partners globally and is a Gold tier ServiceNow Services Partner.

“solid-serVision’ focus has always been delivery of excellence by having the exceptional technical and consulting skills and broad experience needed to leverage the cloud with the most complex customer demands in IT and non-IT,” said Dr. Tilo Steinmeier, Co-Founder and Chief Executive Officer of solid-serVision. “Accenture’s deep industry expertise, business acumen and end-to-end cloud offering makes it a leader in cloud services. Combining solid-serVision and Accenture capabilities will bring unparalleled quality and scale to our clients when implementing ServiceNow and solve their IT business challenges more rapidly.”

The acquisition of solid-serVision is part of a strategic growth plan aimed at strengthening Accenture’s position as a leading provider of ServiceNow services and cloud implementations globally. It follows the acquisition of Nashco, a leader in the Canadian ServiceNow market, in November 2016 and US-based Cloud Sherpas in 2015, which cemented Accenture’s cloud services leadership globally.

“In the face of industry disruption, companies need to move faster to keep up, Accenture’s acquisition of solid-serVision furthers their ability to lead that transformation with ServiceNow,” said David Schneider, chief revenue officer, ServiceNow. “With ServiceNow, customers are replacing manual work patterns of the past with intelligent workflows of the future across IT, HR, Customer service and Security, to energize employees, increase service levels and deliver game changing economics. Accenture’s partnership with ServiceNow helps deliver these outcomes.”

About Accenture
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 more than 394,000 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.

Accenture is a leader in helping organizations move to the cloud to take advantage of a new era of service delivery and flexibility, where applications, infrastructure and business processes are brought together and delivered As-a-Service. Accenture’s Cloud First agenda offers comprehensive, industry-focused cloud services including strategy, implementation, migration and managed services, and assets including the Accenture Cloud Platform that can drive broader transformational programs for clients. Accenture has worked on over 20,000 cloud computing projects for clients, including three-quarters of the Fortune Global 100, and has more than 33,000 professionals trained in cloud computing.

Forward-Looking Statements
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 the company; the company’s results of operations could be adversely affected by volatile, negative or uncertain economic conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; the company’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 the company 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; the markets in which the company competes are highly competitive, and the company might not be able to compete effectively; the company could have liability or the company’s reputation could be damaged if the company fails to protect client and/or company data from security breaches or cyberattacks; the company’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; changes in the company’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; the company’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; the company’s business could be materially adversely affected if the company incurs legal liability; the company’s work with government clients exposes the company to additional risks inherent in the government contracting environment; the company might not be successful at identifying, acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; the company’s Global Delivery Network is increasingly concentrated in India and the Philippines, which may expose it to operational risks; as a result of the company’s geographically diverse operations and its growth strategy to continue geographic expansion, the company is more susceptible to certain risks; adverse changes to the company’s relationships with key alliance partners or in the business of its key alliance partners could adversely affect the company’s results of operations; the company’s services or solutions could infringe upon the intellectual property rights of others or the company might lose its ability to utilize the intellectual property of others; if the company is unable to protect its intellectual property rights from unauthorized use or infringement by third parties, its business could be adversely affected; the company’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if the company is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; any changes to the estimates and assumptions that the company makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; many of the company’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; the company’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; the company 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.

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Contact:

Alexander Aizenberg
Accenture
+ 1 917 452 9878
alexander.aizenberg@accenture.com