accenture-to-acquire-engineering-consulting-firm-umlaut

Accenture to acquire engineering consulting firm umlaut

Tech giant Accenture is set to acquire umlaut, a consulting and engineering services firm based in Aachen, Germany. The move aims to expand Accenture’s deep engineering capabilities, in a bid to help companies use digital technologies such as the cloud, artificial intelligence and 5G to transform the way they design, engineer and manufacture their products as well. as to integrate sustainability

[avatar user=”Apoorva Garg” size=”medium” align=”left”]By Apoorva Garg[/avatar]

Tech giant Accenture is set to acquire umlaut, a consulting and engineering services firm based in Aachen, Germany. The move aims to expand Accenture’s deep engineering capabilities, in a bid to help companies use digital technologies such as the cloud, artificial intelligence and 5G to transform the way they design, engineer and manufacture their products as well. as to integrate sustainability.

The umlaut acquisition will add more than 4,200 industry engineers and consultants in 17 countries to Accenture’s Industry X services and expand the company’s capabilities in a variety of industries, including automotive, aerospace and defense, telecommunications, energy. and public services.

“We predicted that digital would ultimately be applied at scale to the core of a company’s business – the design, engineering and manufacturing of its products. And, for nearly a decade, Accenture has been building the unique capabilities and ecosystem partnerships to combine the power of digital with traditional engineering services, ”said Julie Sweet, CEO of Accenture. “COVID-19 has accelerated the need for businesses to transform these core operations, and umlaut’s leading and highly specialized engineering services will enhance our ability to meet growing demand and also continue to innovate for our customers.”

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Accenture is expanding Industry X at a time when software increasingly determines market success for platforms, products and services in all industries that require intelligence to integrate. However, in a survey of more than 1,500 industry executives, Accenture research found that only 38% of companies have implemented at least one project to digitize their engineering and manufacturing.

“Bringing world-class manufacturing and digital engineering expertise to our clients helps them scale rapidly, accelerate growth, improve productivity and safety, and embed sustainability into their operations,” said Nigel Stacey, Accenture Industry X Global Leader. “From consumers to R&D to supply chain and factory floor, and vice versa, companies that use the power of data and digital to generate value will become, and remain, relevant, resilient and responsible “.

The COVID-19 pandemic has shown that the operations and supply chains of most companies are far from being resilient or flexible enough to respond to crises.

“Business leaders in many industries facing digital and product convergence are looking for a trusted partner who understands their language and can truly help navigate every step of the journey to achieve tangible engineering and manufacturing results. “Marc Peter said. Althoff, CTO, umlaut. “We are excited to bring our unique engineering and consulting culture, deep industry knowledge and subject matter expertise to Accenture Industry X and jointly create the capabilities and scale to help clients successfully transform.”

Umlaut will be the next in a series of 22 acquisitions Accenture has made since 2017 to develop its Industry X capabilities. The most recent acquisitions include operations technology provider Electro 80 (Australia), industrial robotics and automation services provider Pollux (Brazil), operations consultancy Myrtle (USA) and technology consultancy SALT Solutions (Germany).

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