November 23, 2020
Accenture to Acquire End-to-End Analytics
NEW YORK CITY; Nov. 23, 2020 – Accenture (NYSE: ACN) has agreed to acquire End-to-End Analytics, a boutique analytics and data science consultancy based in Palo Alto, CA, with additional offices in Brazil. End-to-End Analytics brings a deep heritage in the high tech, retail, industrial, automotive and consumer goods industries, supported by a strong portfolio of assets and accelerators in the areas of supply chain, forecasting, trade promotion, pricing, marketing, and customer analytics. End-to-End Analytics will join Accenture’s Applied Intelligence practice, enhancing how the company serves clients across North and South America.
End-to-End Analytics’ team of more than 70 professionals are highly skilled in the development of data and analytics strategy, and the application of optimization, machine learning and AI on a broad range of technology platforms. Founded in 2005, End-to-End Analytics has used its strong industry and functional expertise, coupled with its integrated consulting model approach – combining analytics, business acumen, and technology – to turn insights into actions and value for some of the world’s most recognizable brands.
“Over the past year, our focus on strategic acquisitions has enabled us to enhance how we serve clients in the analytics, data, and AI space,” said Sanjeev Vohra, global lead for Accenture Applied Intelligence. “By adding End-to-End Analytics to Accenture Applied Intelligence, we look forward to scaling their unique approach to data science blended with our functional consulting practice to help our clients navigate the pace of change and gain more business value from their data and AI investments.”
Gartner predicts that by 2022, public cloud services will be essential for 90% of data and analytics innovation. The right mix of technical skills and tools — particularly in areas like supply chain and retail, which are changing quickly to meet shifting demands — will help create end-to-end AI and analytics capabilities to help organizations capitalize on this potential.
“Our clients are relying on Accenture’s broad technology expertise and human ingenuity to drive business transformation at speed powered by deep analytics and insight,” said Saleem Janmohamed, senior managing director and U.S. West market unit lead, Accenture. “Together, End-to-End Analytics and Accenture will bring clients industry and functional depth, unmatched AI and analytics capabilities and a proven track record of delivering business results."
“We’re proud of the growth we’ve achieved and results we’ve delivered for clients over the past 15 years and appreciate all of the great clients that shared our journey,” said Colin Kessinger, managing partner, End-to-End Analytics. “Joining Accenture will enable us to scale the impact of our work with an even broader client base, give our people new opportunities to grow their careers, and deepen the bench of valuable skills at the company.”
This acquisition builds on Accenture’s growing analytics, data, and AI business around the world, with recent acquisitions of Analytics8 in Australia, Pragsis Bidoop in Spain, Clarity Insights in North America, Mudano in the UK, Byte Prophecy in India, and Sentelis in France.
Completion of the acquisition is subject to customary closing conditions. Financial terms of the acquisition were not disclosed.
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
Applied Intelligence is Accenture’s approach to scaling AI for clients by embedding AI-powered data, analytics and automation capabilities into business workflows, accelerating time to value with a powerful global alliance, innovation and delivery network that can deploy and scale AI within any market and industry. To learn more, visit www.accenture.com/appliedintelligence.
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. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. These risks include, without limitation, risks that: Accenture and End-to-End Analytics will not be able to close the transaction in the time period anticipated, or at all, which is dependent on the parties’ ability to satisfy certain closing conditions; the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been significantly adversely affected and could in the future be materially adversely impacted by the COVID-19 pandemic; Accenture’s results of operations have been, and may in the future 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 evolving 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 incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; 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 or fail to satisfy certain agreed-upon targets or specific service levels; 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 ability to attract and retain business and employees may depend on its reputation in the marketplace; as a result of Accenture’s geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, 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; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; 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 might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; if Accenture is unable to protect or enforce 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; Accenture’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; 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; 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, Quarterly Report on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission. 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