Acquisition would add skills in supply chain
and manufacturing software from SAP and Dassault Systèmes to
Accenture’s Industry X.0 practice
Accenture (NYSE: ACN) has announced its intent to acquire
Silveo, a French consulting company that provides solutions and
services for supply chains and manufacturing. Silveo would join
Accenture Industry X.0—the part of Accenture that uses digital
technologies to improve how companies engineer and manufacture
products and services and operate industrial facilities.
The acquisition requires prior consultation with the relevant
works councils and would be subject to customary closing
conditions. Financial terms of the transaction were not
disclosed.
Adding the capabilities of Silveo would enhance Accenture’s
ability to help clients reinvent their manufacturing and supply
chain processes faster. This is important for manufacturers whose
customers are demanding increasingly more personalized products and
services.
Silveo was founded in 2014 and is headquartered in Neuilly sur
Seine, France. Its 50 employees have strong expertise in solutions
for supply chain and manufacturing, from planning to execution.
Silveo offers several solutions that are based on software from SAP
and Dassault Systèmes. For example, these solutions provide
information from production lines in real-time, which helps
companies react quickly to changes in demand, supply, and the
capacity of plants.
Olivier Girard, country managing director of Accenture in France
and Benelux, said: “Silveo would add valuable expertise to
Accenture that would immediately reinforce our service offering and
nurture our organic growth. Their team would strengthen our ability
to help clients use digital innovations to efficiently manufacture
and supply products that fit the quickly evolving needs of their
customers.”
Flavien Parrel, managing director for Accenture Industry X.0 in
France and Benelux, said: “Silveo’s expertise would enable us to
better help clients benefit from digital technologies in industrial
production. For instance, clients would be able to implement
‘digital twins’ of their factories. With these digital models, they
can simulate changes to the factories without actually touching
them. It can make the production process much more flexible and
efficient.”
Silveo founders Marc-Antoine Peuch, Romain Durando, Laurent
Autebert and Karim Ait El Mouden said, “We are passionate about
helping companies make manufacturing and supply chains more
flexible, automated, and driven by insights from data. Becoming
part of Accenture Industry X.0 would be a fantastic opportunity for
our team to bringing their skills to more clients and larger
projects.”
Other acquisitions Accenture has made in France are Cirruseo
earlier this year, Arismore and altima° in 2017, and OCTO
Technology in 2016 ; along with the recent announcement of the
company’s intent to acquire Sutter Mills.
Accenture has bought other companies to support Industry X.0 in
the past two years. These include US product innovation and
engineering company Nytec, UK innovation firm Happen, Irish
consulting and manufacturing services provider ESP, and German
technology consultancy Zielpuls.
About Accenture
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 492,000 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.
Accenture Industry X.0 helps businesses master the digital
reinvention of industry when they use advanced digital technologies
to transform core operations and unlock new revenue streams and
business models. We support every aspect of our clients’
multi-phase transformation, including workforce, customer
experience, R&D, engineering, manufacturing, business support,
and ecosystems. Visit
https://www.accenture.com/us-en/services/industryx0-index.
Forward-Looking Statements
Except for the historical information and discussions contained
herein, statements in this news release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as “may,”
“will,” “should,” “likely,” “anticipates,” “expects,” “intends,”
“plans,” “projects,” “believes,” “estimates,” “positioned,”
“outlook” and similar expressions are used to identify these
forward-looking statements. These statements involve a number of
risks, uncertainties and other factors that could cause actual
results to differ materially from those expressed or implied. These
include, without limitation, risks that: Accenture and Silveo will
not be able to close the transaction in the time period
anticipated, or at all, which is dependent on the parties’ ability
to satisfy certain closing conditions; the transaction might not
achieve the anticipated benefits for Accenture; Accenture’s results
of operations could be adversely affected by volatile, negative or
uncertain economic and political conditions and the effects of
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it may dilute its shareholders’ ownership interest in the company;
Accenture may be subject to criticism and negative publicity
related to its incorporation in Ireland; as well as the risks,
uncertainties and other factors discussed under the “Risk Factors”
heading in Accenture plc’s most recent annual report on Form 10-K
and other documents filed with or furnished to the Securities and
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of the date they were made, and Accenture undertakes no duty to
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to conform such statements to actual results or changes in
Accenture’s expectations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191114005646/en/
Bonnie Olivier Accenture France +33 1 53 23 54 61
bonnie.olivier@accenture.com
Jens R. Derksen Accenture Industry X.0 +491755761393
jens.derksen@accenture.com
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