Accenture (NYSE: ACN) has announced its intention to acquire BENEXT, an independent French consulting firm specializing in product management, agile coaching, cloud-based development and data science. Financial details of the transaction are withheld.

Founded in 2014 and based in France, BENEXT has all the know-how required to help its clients design, organize, deploy and efficiently manage their digital products while improving their customer experience. The BENEXT teams, made up of around 160 highly qualified professionals, would join OCTO Technology – which has been part of Accenture since 2017 – and thus strengthen, more generally, the European and international expertise of Accenture Cloud First. OCTO Technology is a consulting company specializing in software development and digital transformation. OCTO Technology teams are mainly based in France and also operate in Belgium, the Netherlands and Luxembourg.

“With many of our customers accelerating their multi-cloud strategies, the need for new agile operating models and user experience integrated into a multi-cloud universe has never been greater. The scalable capabilities offered by the cloud would allow large enterprises to rethink their business from concept to implementation, ”said Karthik Narain, global manager of Accenture Cloud First. “BENEXT would be a valuable asset that would allow us to help more customers transform into true digital businesses that operate at scale in the cloud. We would thus be able to accelerate the transformation of our customers, to the point where all of their activities are oriented towards new opportunities. ”

Backed by a $ 3 billion investment over three years, Accenture Cloud First is a multi-service group of 77,000 cloud professionals worldwide, with industry-leading and unmatched subject matter expertise, industry cloud solutions and a technology ecosystem of partners to help customers take advantage of all the opportunities the cloud offers, quickly and at scale. Over the past 24 months, Accenture has made a number of strategic investments to develop and expand its cloud service capabilities. These include, in France, the acquisition of Linkbynet in July 2021, Gekko in June 2020 and Cirruseo in June 2019.

Olivier Girard, President of Accenture France and Benelux, declared “By collaborating with BENEXT and capitalizing on our expertise in the latest technologies such as cloud, artificial intelligence, data and DevOps, we would provide more advanced skills. to meet the growing demand of our customers for optimized digital products and agile method. The unique combination of our technological, organizational and product management expertise would allow us to create more value for the French market, in particular for our clients in the financial services, media and public sectors. ”

David Robert, founder and president of BENEXT, added “We are delighted with this opportunity, which makes sense with our history and would accelerate our strategy. The combination of the expertise of our two companies, combined with our capabilities in product management, would allow us to take a step forward in the services provided to our clients. Together, we could help them reinvent their products, rethink their life cycle and optimize their customer experience. ”

The acquisition project is subject to prior consultation with employee representative bodies as well as the conditions usually applicable.

About Accenture Accenture is a global leader in business and government services, with leading expertise in digital, cloud and security. Combining unique experience and specialized expertise in more than 40 business sectors, Accenture draws on the largest international network of advanced technology and intelligent operations centers to offer its clients Strategy & Consulting, Interactive, Technology and Operations. With 569,000 employees, Accenture engages with customers in more than 120 countries every day to fulfill the promise of technology combined with human ingenuity. Accenture relies on change to generate value and create shared success with its customers, employees, shareholders, partners and communities. Website: www.accenture.com/en

Forward-Looking Statements Except for historical data and quotes, statements in this press release may constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such as “could”, “may”, “probably”, “anticipates”, “expects”, “intends”, “foresees”, “plans”, believes “,” estimates “, “Positioned”, “outlook”, and other similar expressions are used to identify these forward-looking statements. Such statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those stated or suggested. Many of the risks, uncertainties and other factors listed below are, and will be, magnified by the coronavirus pandemic (COVID-19). These include, without limitation, the following risks: Accenture and BENEXT may not be able to complete the transaction within the anticipated timeframe, or at all, which depends on the ability of the parties to meet certain closing conditions; the transaction may not yield the anticipated profit for Accenture; Accenture’s operating results could have been adversely affected and could in the future be adversely impacted by the coronavirus pandemic (COVID-19), Accenture’s operating results could have been adversely affected and could affect The future be adversely impacted by a volatile, negative or uncertain economic and political environment could adversely affect Accenture’s operating results, and the effects of such environment could affect the businesses of the Company’s clients and their level of business activities. ; Accenture’s business depends on creating and sustaining a profitable level of customer demand for the company’s services and solutions, including through the adaptation and expansion of its services and solutions in response to constant changes in technologies and offerings, and a significant reduction in this demand or an inability to respond to the changing technological environment, could materially adversely affect the operating results of the company; if Accenture is unable to provide sufficient skills and resources to meet customer demand around the world, attract and retain professionals with strong leadership skills, the business of the business , the utilization rate of the company’s professionals and its operating results could be considerably affected; Accenture could be held liable or have its reputation damaged if Accenture fails to protect customer and / or company data as a result of breaches of security systems or cyber attacks; the markets in which Accenture operates are highly competitive, and Accenture may not be able to compete effectively; changes in Accenture’s tax level, as well as tax audits, investigations and litigation, or changes in tax regulations or in their interpretation or application, could have a material adverse effect on the effective tax rate of Accenture the company, its operating results, cash flows and financial conditions; Accenture’s profitability could be significantly affected if it is not able to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost management strategies are reveal not bearing fruit or if it encounters problems in providing its services and solutions; Accenture’s results of operations could be materially affected by adverse fluctuations in foreign currency exchange rates; as a result of Accenture’s geographically dispersed business and its growth strategy to expand i into key markets around the world, the business is more exposed to certain risks; Accenture’s business could be materially affected if it incurs any legal liability; Accenture’s work with government clients exposes it to additional risks inherent in the government contracting environment; if Accenture is unable to manage the organizational issues associated with its scale, it may not be able to meet its business objectives; Accenture’s ability to attract and retain customers and employees may depend on its reputation in the market; if Accenture fails to successfully manage and develop relationships with its key partners or fails to anticipate or establish new alliances in new technologies, the company’s operating results could be affected; the business may fail to find, acquire, invest in or integrate other businesses, form joint ventures or divest; if Accenture is unable to protect or enforce its intellectual property rights against unauthorized use by third parties or if Accenture’s services or solutions are in violation of intellectual or other property rights, or the company loses its ability to use the intellectual property of other parties; its activity could be negatively affected; Accenture’s operating results and share price could be adversely affected if it is unable to maintain effective internal controls; changes in accounting standards or in the estimates and assumptions made by Accenture in the preparation of its consolidated financial statements could adversely affect its financial results; many of Accenture’s contracts include fees subject to the achievement of specific targets or service levels, which could increase the variability of the company’s revenues and impact its margins; Accenture may be unable to access additional capital and / or on favorable terms and if the business raises equity capital it may dilute shareholder interest in the business; Accenture may be subject to criticism and negative publicity because it is incorporated in Ireland; in addition to these risks, there are uncertainties and other factors that are discussed in the section entitled “Risk Factors” in the most recent Accenture plc annual report, in the document “Form 10-K” and in other documents submitted with or filed by the company with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date of the press release, and Accenture makes no commitment to update any forward-looking statements contained in this press release or to conform them to actual results or to changes in expectations. from Accenture.

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