Accenture Launches Sovereign Cloud Practice to Help Companies Unlock Innovation in the Cloud

Rhea-AI Summary

Accenture (NYSE: ACN) announced the launch of its Sovereign Cloud Practice, establishing four new cloud centers in Europe—Kronberg, Trondheim, Paris, and Rome. This initiative aims to assist regulated industries in leveraging cloud technology while adhering to rising compliance standards. The centers will offer industry expertise to enhance innovation, agility, and data collaboration. CEO Jean-Marc Ollagnier emphasized the need for sovereign frameworks to support businesses' transition to more sustainable and resilient practices and address challenges in various sectors, including energy and healthcare.

Positive

• Launch of four new sovereign cloud centers in Europe, enhancing regional service capabilities.
• Focus on compliance with emerging industry standards and regulations, potentially attracting clients seeking secure cloud solutions.
• Collaboration with ecosystem partners to drive innovation and data sharing.

Negative

• None.

Four new sovereign cloud centers in Europe will help regulated industries create new products, services and experiences

NEW YORK & PARIS--(BUSINESS WIRE)-- Accenture (NYSE: ACN) today announced a new worldwide practice to help organizations take advantage of disruptive new technologies in the cloud utilizing trusted frameworks, services and controls.

Accenture launches Sovereign Cloud Practice to help organizations take advantage of disruptive new technologies in the cloud. (Photo: Business Wire)

The new Accenture Cloud First Sovereign Practice includes four new sovereign cloud centers in Kronberg, Germany; Trondheim, Norway; Paris and Rome. Located within Accenture Innovation Hubs, these centers bring Accenture industry, security and technology specialists together in collaboration with ecosystem partners to accelerate the digitization of business processes and to expose new data collaboration opportunities.

Sovereign cloud is an approach that allows organizations to control the location, access to and processing of their data in a cloud environment in response to new, emerging industry standards and compliance requirements in specific countries or sectors.

“Organizations and entire economies across Europe are currently reinventing their futures on cloud to become more resilient, sustainable and innovative,” said Jean-Marc Ollagnier, CEO of Accenture in Europe. “Whether the goal is to accelerate the switch to greener energy sources, respond to supply chain disruptions or speed up drug discovery, all these transformations rely on cloud, data and artificial intelligence. And they will require sovereign frameworks for data storage and sharing between trusted partners. The new Accenture sovereign cloud centers will help organizations address this challenge, enabling innovation in a way that aligns with European values and standards.”

Accenture Cloud First Global Lead Karthik Narain noted, “Cloud was initially about IT efficiency and modernization. Today, cloud is all about driving business growth and innovation. The cloud continuum is where many of the world’s technology breakthroughs are happening — from AI to edge computing to the metaverse. But to harness sovereign cloud’s power, organizations need ways to use and share trusted data confidently, in a secure and compliant way. This often involves navigating an intricate patchwork of technology solutions while aligning with various regional, local and industry regulations — not only in the European Union, but around the world. Our new practice and centers in Europe will be a catalyst in the global sovereign cloud movement.”

From the new sovereign cloud centers in Europe, clients can now see live industry examples and develop a blueprint to pro-actively address and solve their sovereign cloud requirements with dedicated support from Accenture Cloud First specialists in change management, security skills and business process experience, and a place to collaborate with partners across the cloud ecosystem.

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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 699,000 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 accenture.com.

Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220414005061/en/

Mylissa Tsai

Accenture

+1 917 452 9729

mylissa.tsai@accenture.com

Source: Accenture

FAQ

What is Accenture's new initiative related to sovereign cloud?

Accenture has launched a Sovereign Cloud Practice to assist organizations in Europe with cloud technology while ensuring compliance with emerging regulations.

Where are Accenture's new sovereign cloud centers located?

The new centers are located in Kronberg, Germany; Trondheim, Norway; Paris, France; and Rome, Italy.

How will Accenture's sovereign cloud centers benefit organizations?

The centers will provide expertise in security, data management, and compliance, helping organizations innovate while adhering to regional standards.

What industries can benefit from Accenture's Sovereign Cloud Practice?

Regulated industries, including energy and healthcare, can benefit by leveraging cloud technology to enhance resilience and sustainability.