Accenture Together with SAP Takes Bold Steps to Move Clients Further Into the Cloud with Open Industry Solutions
October 22 2020 - 9:29AM
Business Wire
Accenture (NYSE: ACN) announced it will be working side-by-side
with SAP to help companies fundamentally change their business
operations with industry-specific solutions based on SAP’s industry
cloud. Built on the SAP® Cloud Platform and integrated with SAP’s
intelligent suite and SAP Business Network, these applications can
help companies innovate with new capabilities in the cloud while
reducing operating costs, improving productivity and unlocking new
opportunities for growth.
“Accenture and SAP have a long, successful history of investing
in innovation and co-development to help our clients realize new
business capabilities. Sharing our industry and technology
expertise, Accenture can help clients drive change by delivering on
the promise of the intelligent enterprise powered by SAP,” said
Caspar Borggreve, global lead for the Accenture SAP Business Group.
“Working together, we are doubling down to drive the next wave of
industry cloud solutions, including for the utilities, retail and
consumer goods, and oil and gas industries.”
Accenture has already collaborated with SAP on cloud solutions
for the utilities industry, helping clients more effectively manage
business processes and improve customer experiences. The two
companies are working on additional industry cloud solutions for
the retail and consumer products industries. The Accenture Liquid
Studio for SAP has also developed more than 170 apps to date that
extend the functionality of SAP’s intelligent suite and enable new
business capabilities using technologies such as analytics,
artificial intelligence, blockchain, the Internet of Things and
machine learning, all on SAP Cloud Platform.
“In many industries, SAP software is the backbone on which our
clients run their operations. This gives us tremendous
opportunities to transform business processes with new levels of
efficiency,” said Koen Deryckere, Accenture’s global lead for
Industry Networks and Programs. “Companies with foundational SAP
technology can effectively unleash data and deliver new insights
that are critical for rapid decisions given the dynamic changes in
the marketplace. Working with SAP, we can build the next level of
enterprise impact.“
To simplify delivery and amplify business results of these new
industry cloud solutions, clients can look to Accenture myConcerto,
an insight-driven platform with intelligent capabilities and
pre-configured solutions for industry and business functions. These
out-of-the-box capabilities help companies harmonize SAP
technologies, applications and capabilities in a single integrated
platform to amplify business results. The myConcerto platform is
currently in use with more than 500 companies across 29
industries.
“Disruption is everywhere, and fast-paced industry innovation is
essential for our customers with large-scale enterprise systems to
keep ahead of the competition,” said Peter Maier, president, SAP
Industries and Customer Advisory. “SAP’s industry cloud is an open
yet integrated innovation space to extend the end-to-end processes
of the intelligent suite and the SAP Business Network with next
business practices, and innovation at the ‘vertical edge’. Our
partner Accenture has the experience and knowledge to jointly build
solutions that make a difference for our customers’ core
business.”
Further demonstrating Accenture’s commitment to cloud expertise,
Accenture recently announced the creation of Accenture Cloud First,
a new multi-service group of 70,000 cloud professionals, with a $3
billion investment over three years.
As part of a partnership that spans over 40 years, Accenture and
SAP have been collaborating since 2016 to accelerate development of
SAP S/4HANA® as well as industry and line-of-business
solutions.
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 506,000
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 www.accenture.com.
Copyright © 2020 Accenture. All rights reserved. Accenture and
its logo are trademarks of Accenture.
Any statements in this release that are not historical facts are
forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. All forward-looking
statements are subject to various risks and uncertainties described
in SAP’s filings with the U.S. Securities and Exchange Commission
(“SEC), including its most recent annual report on Form 20-F, that
could cause actual results to differ materially from expectations.
SAP cautions readers not to place undue reliance on these
forward-looking statements which SAP has no obligation to update
and which speak only as of their dates.
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Julie Bennink Accenture +1 312 693 7301
julie.l.bennink@accenture.com
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