LUXEMBOURG; April 3, 2018 – Accenture (NYSE: ACN) and Tomorrow Street, Vodafone’s innovation centre, will collaborate to help growth-stage innovators become successful businesses.
Working with the Tomorrow Street management team, Accenture will help the startups fast-track product development, providing support in the areas of the internet of things, security and artificial intelligence. The collaboration will also provide the startups with direct exposure to communications industry executives, enabling them to gain insights into the needs of industry executives on a global scale – which is fundamental to the success of the startups’ products and services.
“The introduction of new, leading-edge technologies is critically important to ensure that the communications industry continues to flourish,” said Gene Reznik, a senior managing director at Accenture who leads the company’s Technology Ecosystem & Ventures practice. “We have partnered with many growth-stage companies developed through our Accenture Ventures organization, strategically investing in the most promising innovations in the market. We are confident that together with Tomorrow Street, we can create the right conditions for innovation to develop at the rapid pace the industry requires, helping to accelerate and scale innovation in Europe.”
Warrick Cramer, Tomorrow Street’s CEO, said, “Accenture and Tomorrow Street both recognize the importance of innovation and the role start-ups have to play in driving it. Accenture’s innovation programs, deep technology and industry expertise, combined with the Tomorrow Street ecosystem, will be a huge advantage in helping to make the startups within the program a success.”
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 approximately 442,000 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.
About Tomorrow Street
Launched in September 2017, Tomorrow Street is a joint venture between the Vodafone Procurement Company (VPC) and Technoport (Luxembourg’s national incubator) that aims to turn business-ready startups into global success stories through Vodafone’s expansive network. In doing so, Tomorrow Street will deliver innovative products and services to Vodafone’s consumer and enterprise customers while contributing to Luxembourg’s digital evolution. Visit us at www.tomorrowstreet.co
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