March 16, 2016
IDC MarketScape Names Accenture A Leader In Worldwide Product Lifecycle Management Strategic Consulting
NEW YORK; Mar. 16, 2016 – A new IDC MarketScape report from IDC Manufacturing Insights has named Accenture (NYSE: ACN) a leader in strategic consulting for product lifecycle management (PLM). The report points to Accenture’s strong capabilities in defining a company’s PLM architectural road map and strategy, as well as in account management and customer support.
For the report, titled “IDC MarketScape: Worldwide Manufacturing PLM Strategic Consulting 2015 Vendor Assessment” (document #US40637915, December 2015), the IDC MarketScape tool evaluated 10 players with annual revenue of at least $1 billion that offer strategic consulting for a portfolio of PLM processes at a customer site.
IDC Manufacturing Insights defines PLM as an enterprise software application solution that brings together a number of activities required to design, develop, model, track, manage and control the products, as well as to manufacture, sell, maintain and retire the products.
“Accenture’s PLM practice already has the benefit of scale with 60 delivery centers worldwide and six centers of excellence focused on product innovation-related topics like analytics and connected products,” said Jeffrey Hojlo, IDC program director for Product Innovation Strategies and author of the report.
Eric Schaeffer, global lead for Accenture’s Product Lifecycle Services business, said, “As shown by IDC MarketScape, Accenture uses a comprehensive approach to help companies capitalize on the benefits of PLM. We work directly with each client to define business processes that improve their collaboration, increase their engineering efficiency, lower their [operating] costs and enhance the products they deliver to clients.”
Accenture delivers PLM solutions, including engineering services, to clients in a wide range of industries, from high-tech, consumer products, retail and automotive to aerospace and defense, life sciences, and oil and gas. To address “pain points” common across industries, the company has created a variety of assets, including the EPIC PLM digital portal. The assets covers all product innovation content in an organization that integrate systems reserved for PLM, Enterprise Resource Planning, and compliance to create a unified PLM platform for product innovation and collaboration.
This announcement builds on Accenture’s momentum in the PLM market. Another recent IDC Manufacturing Insights IDC MarketScape Report named Accenture a leader in PLM systems integration, pointing to Accenture’s strong capabilities in all PLM areas, including system and industry knowledge as well as project management.
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 373,000 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 IDC Marketscape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.
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