Accenture boosts cloud offering with Industrie&Co acquisition

Thursday, 27 May, 2021

Accenture boosts cloud offering with Industrie&Co acquisition

Accenture has acquired tech consultancy Industrie&Co to expand its cloud offering.

The purchase expands Accenture’s capabilities in delivering cloud native services for clients, particularly within financial services, as they increasingly transform into digital businesses and build new digital products and services.

Founded in 2007, Industrie&Co employs 173 staff and has strong financial services experience spanning multiple verticals, including banking, payments, wealth management, superannuation, insurance and capital markets.

Headquartered in Sydney, with offices in Melbourne, Hong Kong and Singapore, Industrie&Co has a deep heritage in cloud infrastructure engineering, offering organisations a comprehensive service suite encompassing capabilities across strategy, design and delivery of cloud products and platforms.

“Cloud engineering is in high-demand as the benefits of cloud are increasingly realised locally and more clients are demanding cloud native solutions built at speed,” said Matt Coates, Cloud First Lead for Accenture in Australia and New Zealand.

“Accenture’s cloud-first approach is closely aligned with Industrie&Co and the combination of the two firms will ensure our clients maintain a competitive advantage and reap the benefit of seamless, end-to-end cloud capabilities.”

Con Zeritis, CEO of Industrie&Co, said Accenture’s vast client network, global scale and investment in their cloud-first strategy “makes for an ideal home to enable us to accelerate our growth objectives for both our clients and team”.

Tara Brady, market unit lead for Accenture in Australia and New Zealand, said, “In the context of a constrained talent market, Industrie&Co’s skills will ensure we are well positioned to continue to accelerate our client’s growth and innovation capabilities.”

Accenture’s acquisition of Industrie&Co follows other investments across Australia and New Zealand in the past 18 months, including operational technology provider Electro 80, supply chain and logistics consulting firm GRA, cloud-native solutions provider Olikka, SAP and cloud solutions technology firm Zag, data analytics and supply chain management company Icon Integration and business strategy and econometrics firm AlphaBeta.

Image caption: Matthew Coates Accenture Australia New Zealand Cloud First Lead and Con Zeritis CEO of Industrie&Co. Image courtesy of Accenture.

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