Accenture (NYSE: ACN) has acquired Advoco, one of the largest
systems integrators for Infor EAM, a leading software-as-a-service
suite for enterprise asset management (EAM). The acquisition
expands Accenture’s capabilities to help clients in the consumer
goods & services, industrial, life sciences, transit and other
industries make their operations and supply chains safer, more
sustainable, productive and cost-efficient. Terms of the
acquisition were not disclosed.
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Accenture has acquired Advoco, one of the
largest systems integrators for Infor EAM, to scale its
capabilities for intelligent asset management solutions (Graphic:
Business Wire)
Advoco’s mission is to form trusted advisor partnerships with
clients across industries. It specializes in configuring and
integrating Infor EAM software with companies’ existing enterprise
and operational systems, and EAM training programs. The solutions
and services Advoco provides are designed to help clients enhance
the reliability and extend the overall lifecycle of their critical
assets.
Founded in 2002, Advoco has been repeatedly named Infor EAM
Partner of the Year. Most of its over 100 asset management
professionals are based in Greenville, SC, close to the Infor EAM
product development team. Accenture plans to establish Advoco’s
Greenville office as a center of excellence for Infor EAM delivery,
industry use cases and intelligent asset management.
The entire Advoco team joins Accenture’s Industry X group in the
United States, strengthening its suite of services for digitizing
clients’ engineering and maintenance functions, factory floors and
plant operations.
“Many of our clients are looking to leverage Infor EAM when
embedding more intelligence in their asset management to drive the
performance of their most critical assets,” said Nigel Stacey,
global lead for Accenture Industry X. “Advoco is highly respected
for its talent, expertise and training program in this space.
Together, we will bring Infor EAM capabilities to clients at scale
to take advantage of a growing market opportunity.”
Marty Osborn, partner at Advoco, said: “Becoming part of the
Accenture Industry X family is an incredible opportunity for our
clients and our employees. Accenture’s capabilities and expertise
enable us to bring more cutting-edge, innovative work to our
clients and grow as a team and as individuals. We’re excited to
deliver outstanding expertise in the design, consultation and
implementation of Infor EAM to even more companies and
markets.”
Advoco is the latest in a series of 24 acquisitions Accenture
has made since 2017 to build its Industry X capabilities. Recently
completed acquisitions include international engineering consulting
and services firm umlaut, operations technology provider Electro 80
(Australia), industrial robotics and automation services provider
Pollux (Brazil), operations consultancy Myrtle (US) and technology
consultancy SALT Solutions (Germany).
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 624,000
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.
Accenture Industry X embeds intelligence in how clients run
factories and plants, as well as design and engineer connected
products and services—making manufacturing and operations more
efficient, effective and safe; enabling companies to transform how
they make things, and the things they make, for sustainable
growth.
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Jens R. Derksen Accenture +49 175 5761393
jens.derksen@accenture.com
Aimee Ertley Accenture +1 678 657 5515
aimee.ertley@accenture.com
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