Accenture Completes Acquisition of Ethica Consulting Group
Accenture has successfully completed its acquisition of Ethica Consulting Group, an Italian technology consulting firm specializing in cloud-based solutions using SAP technologies. This acquisition, initially announced on July 1, aims to enhance Accenture's capabilities in digital transformation and expand its service offerings in Italy. Approximately 400 SAP specialists from Ethica will join Accenture, leveraging global resources to meet the increasing demand for SAP's cloud services. The deal represents a strategic move to strengthen market presence and improve client operational efficiencies.
- Acquisition enhances Accenture's digital transformation capabilities.
- Approximately 400 SAP specialists added to the team, increasing expertise.
- Potential for significant growth in SAP cloud services demand in Italy.
- Integration of Ethica's operations may pose challenges.
- Acquisition introduces potential financial strain during integration phase.
Accenture (NYSE: ACN) completed its acquisition of Ethica Consulting Group, a group of technology companies based in Italy that provides advanced software and professional services. The intent to acquire was announced on July 1.
Ethica Consulting Group is now part of Accenture (Graphic: Business Wire)
Ethica Consulting Group helps companies reinvent their business processes by developing and implementing cloud-based solutions using SAP® technologies and has expertise in several industries including manufacturing, services and retail. Adopting these technologies can help companies increase operational efficiencies and provide a better customer experience.
The acquisition will strengthen Accenture’s capabilities in delivering digital transformation for clients and enabling them to develop innovative products and services using SAP solutions. The company’s approximately 400 SAP specialists will join the Accenture SAP Business Group in Italy to help meet accelerated demand for SAP’s cloud-based solutions locally and will benefit from access to Accenture’s global resources and skills.
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 569,000 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.
Forward-Looking Statements
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