STOCK TITAN

Accenture and SAP® to Help Organizations Transform Their Business Through RISE with SAP

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Accenture (NYSE: ACN) is partnering with SAP to enhance business transformation by facilitating cloud migrations of SAP solutions. Their initiative aims to support companies throughout their transformation journey, minimizing costs and risks associated with migrating to SAP S/4HANA® in the cloud. Recent research indicates that while companies acknowledge the benefits of cloud, only 37% report achieving expected value. Accenture’s offerings, including RISE with SAP, focus on improving operational efficiency and delivering industry-specific solutions to accelerate clients’ transformation into intelligent enterprises.

Positive
  • Collaboration with SAP to support cloud deployment of SAP solutions.
  • Offers solutions to lower migration costs and risks for SAP S/4HANA.
  • Recognized as a leader in SAP services, enhancing credibility in cloud migrations.
  • Research indicates strong demand for cloud benefits, potentially increasing client interest.
Negative
  • Only 37% of companies are realizing the full value of their cloud investments.

Accenture (NYSE: ACN) is working with SAP to help organizations accelerate business transformation through cloud-based deployments of SAP® solutions. With a goal of supporting clients at any stage of their transformation journey, Accenture is offering solutions and services that help lower the cost and risk of migrating SAP S/4HANA® to the cloud and pave the way for a reinvention of business models and processes.

Accenture is working with SAP to help organizations accelerate business transformation through cloud-based deployments of SAP solutions. (Photo: Business Wire)

Accenture is working with SAP to help organizations accelerate business transformation through cloud-based deployments of SAP solutions. (Photo: Business Wire)

New research from Accenture found that the vast majority of companies recognize that cloud provides the means to a variety of business benefits – greater cost efficiencies, improved service levels, and greater speed to market as well as enabling reimagined business models and improving business resilience. However, just 37% of companies say they are achieving the full value expected on cloud investments. Accenture and SAP are working together to help clients embark on business transformation through RISE with SAP, a new business transformation offering that uses the flexibility of public or private cloud infrastructure to provide the full intelligent enterprise experience, including the enterprise resource planning capabilities of SAP S/4HANA and integration with SAP Business Technology Platform.

Accenture’s approach to building on cloud can reduce many upfront migration costs, allowing more resources to be invested in creating new ways of working and new innovations that add business value. With a core system based on SAP S/4HANA on an agile cloud infrastructure, clients can quickly implement industry-specific processes and use joint solutions and extend functionality on SAP Business Technology Platform to simplify deployments.

“There are many options for moving SAP applications to the cloud; the path to embrace these changes is unique to every organization. The newly launched RISE with SAP clarifies options for clients in their journey to transform into intelligent enterprises,” said Caspar Borggreve, global lead for the Accenture SAP Business Group. “With our experience in SAP solutions, SAP Business Technology Platform and cloud deployments, Accenture brings an exceptional combination of industry and functional expertise and innovation at scale to power transformation across every facet of the business. We deliver 360 value through a smart approach that uses automation, existing investments and modern implementation methods to deliver solutions with greater speed and less disruption.”

Accenture is recognized as a leading partner to the world’s major cloud providers and recently launched Accenture Cloud First, a new multi-service group of 70,000 cloud professionals focused on enabling organizations to move to the cloud with greater speed and achieve greater value for all their stakeholders at this critical time. Accenture also works side-by-side with SAP to help companies improve business operations with industry-specific solutions based on SAP Business Technology Platform and integrated with SAP’s intelligent suite and SAP Business Network.

“The RISE with SAP offering helps simplify and accelerate our customers’ move to the cloud and will help deliver continuous innovation throughout their journey to become an intelligent enterprise,” said Dr. Uwe Grigoleit, senior vice president and general manager, SAP S/4HANA, SAP. “Together with our strong ecosystem, we will help customers chart a course for their business transformation.”

Accenture offers a range of services and assets to help clients move faster and gain more value from SAP S/4HANA. For designing, developing and delivering industry-specific cloud solutions, clients can look to Accenture myConcerto®, an insight-driven platform with intelligent capabilities and pre-configured solutions for industry and business functions. Clients can also use Accenture myWizard® to bolster automation across the end-to-end software engineering lifecycle and drive seamless systems transformation programs with speed, quality and predictability.

In April 2020, Accenture was named a Leader and positioned furthest in completeness of vision in Gartner’s 2020 “Magic Quadrant for SAP S/4HANA® Application Services, Worldwide”. Accenture was also named a Leader by Forrester in “The Forrester Wave™: Global SAP Services Providers”.

About Accenture

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 514,000 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.

Copyright © 2021 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC), including its most recent annual report on Form 20-F, that could cause actual results to differ materially from expectations. SAP cautions readers not to place undue reliance on these forward-looking statements which SAP has no obligation to update and which speak only as of their dates.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

FAQ

What is Accenture's recent partnership with SAP about?

Accenture is collaborating with SAP to facilitate business transformation via cloud-based SAP solutions, focusing on reducing migration costs and risks.

What is RISE with SAP in relation to Accenture?

RISE with SAP is a new offering from Accenture and SAP designed to assist clients in their transition to intelligent enterprises by simplifying the cloud migration process.

How does Accenture help clients with SAP S/4HANA deployments?

Accenture's offerings include industry-specific solutions that enhance the efficiency and speed of SAP S/4HANA deployments on cloud infrastructure.

What percentage of companies achieve expected value from cloud investments according to Accenture's research?

According to Accenture's research, only 37% of companies are achieving the full value expected from their cloud investments.

How does Accenture reduce upfront costs for SAP cloud migrations?

Accenture's approach includes leveraging cloud infrastructure to lower initial migration costs, allowing more investment in innovative solutions.

Accenture PLC

NYSE:ACN

ACN Rankings

ACN Latest News

ACN Stock Data

224.59B
624.69M
0.07%
73.1%
0.92%
Information Technology Services
Services-business Services, Nec
Link
United States of America
DUBLIN