Accenture Invests in Leading Enterprise Augmented Reality Software Provider Upskill
March 06 2018 - 4:59AM
Business Wire
Also forms strategic alliance relationship to
help organizations take advantage of innovative augmented reality
solutions
Accenture (NYSE: ACN) has made a minority investment in Upskill,
a leading provider of enterprise software for augmented reality
(AR) devices in industrial settings. The investment, made through
Accenture Ventures, will enhance Accenture’s ability to deploy
large-scale AR projects that connect workers to crucial information
that enables them to do their jobs with greater efficiency and
accuracy. Terms of the transaction were not disclosed.
In addition, the two companies formed a strategic alliance under
which Accenture will be a preferred systems integrator in Upskill’s
partner program. Accenture will leverage the alliance with Upskill
to enhance its AR and connected worker capabilities within the
Accenture Industry X.0 and Accenture Extended Reality groups.
Accenture plans to integrate Upskill’s Skylight AR platform with
the Accenture Digital Distribution Solution, a digital content
platform that enables the distribution of any type of content to
any device at scale. This integration is aimed at providing
industrial workers with seamless access to AR and virtual reality,
3D models, artificial intelligence-based image recognition and
analytics on wearable devices, tablets and smartphones, as well as
access to tools such as drones and 3D printing capabilities,
improving worker productivity, quality and safety.
“Extended reality solutions are eliminating the distance between
people and information and, in the case of connected industrial
workers, it can empower them to radically improve productivity and
performance, while increasing safety,” said Paul Daugherty,
Accenture’s chief technology & innovation officer. “This
investment and alliance with Upskill will advance our capabilities
in this rapidly growing space, helping us deliver extended reality
solutions that provide real business value by transforming the ways
people work.”
Over the past few years, Accenture and Upskill have collaborated
on numerous engagements for clients in the telecommunications, oil
and gas, pharmaceutical and aerospace and defense industries,
deploying AR solutions to connected workers around the world.
“In forming this strategic relationship with Accenture, we’ll be
able to tap into their expertise implementing extended reality
solutions at scale, bringing Skylight to a wider range of
enterprise clients,” said Brian Ballard, co-founder and CEO,
Upskill. “Accenture’s investment in Upskill is a testament to the
significant opportunity AR presents for the industrial workforce,
and the strength of our vision and our technology platform.”
The Accenture Technology Vision 2018 report identified extended
reality as one of five key trends poised to have a significant
impact on businesses over the next three years. According to the
global companion survey, 80 percent of executives believe it will
be important to leverage extended reality solutions to close the
gap of physical distance when engaging with employees and
customers.
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 more than 435,000
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.
About Upskill
Upskill is the market leader in enterprise software for
augmented reality devices in industrial settings. Trusted by some
of the world's greatest companies, such as GE and The Boeing
Company, Upskill’s technology platform, Skylight, enhances the
capabilities of hands-on workers, making them more effective at
what they do. With Skylight, Global 2000 companies can measurably
and immediately improve business operations using AR across their
organization, from the factory to the warehouse to the jobsite. To
learn more, visit upskill.io.
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AccentureHannah Unkefer,
+1-415-537-4848hannah.m.unkefer@accenture.comorMIX Public Relations
for UpskillKatherine Verducciupskill@mix-pr.com
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