We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Accenture adds another acquisition to Industry X division

Accenture adds another acquisition to Industry X division

Buying Advoco aids in digitalization push for engineering, factories, plants, company says.

accenture-Screen-Shot-2021-10-08-at-4.31.09-PM.png
October 8, 2021
Supply Chain Quarterly Staff
No Comments

Consulting firm Accenture is staying on the takeover trail, announcing this week that it will further expand its supply chain expertise by acquiring one of the largest systems integrators of enterprise technology vendor Infor’s asset management software.

The New York-based firm has acquired Advoco, an integrator of Infor’s software-as-a-service suite for enterprise asset management (EAM). According to Accenture, the move expands its 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 deal were not disclosed, but Accenture said it plans to use Advoco’s Greenville, South Carolina, office as a “center of excellence” for Infor EAM delivery, industry use cases and intelligent asset management.

Accenture has been rolling up dozens of smaller firms in a swift series of buyouts to bulk up its “Industry X” division, which is intended to combine its data and digital capabilities with its growing engineering expertise to help clients to digitize their engineering functions, factory floors, and plant operations.

The Advoco deal marks the latest in a series of 24 acquisitions Accenture has made since 2017, including the engineering consulting and services firm umlaut (Germany), operations technology provider Electro 80 (Australia), industrial robotics and automation services provider Pollux (Brazil), operations consultancy Myrtle (US), and technology consultancy SALT Solutions (Germany).

“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,” Nigel Stacey, global lead for Accenture Industry X, said in a release. “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.”

Great news: @advocoinc is now part of our #IndustryX family! Together we'll blaze new trails, digitizing clients’ engineering and maintenance functions, factory floors and plant operations. https://t.co/jzwmMJuAJ0

— Accenture Strategy (@AccentureStrat) October 5, 2021
Strategy Technology
KEYWORDS Accenture
  • Related Articles

    Accenture acquires German engineering firm to build digitalization abilities

    Thermal packaging provider Cold Chain Technologies makes another acquisition

    J.B. Hunt expands big and bulky division with $87 million acquisition

Recent Articles by Supply Chain Quarterly Staff

Cargo imports forecast to sink near three-year low in February

Air cargo demand slumped in 2022 after “extraordinary” levels in 2021

Intermodal sector weathered a “challenging” year in 2022, IANA says

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Forecasts call for freight rate slumps in 2023

  • Projected U.S. recession in early 2023 will soften freight market

  • Inflation drops again as interest rate hikes hit home, NRF says

  • How to avoid the next crisis: A new approach to supply chain agility

  • New Jersey truck fleet says Freightliner tractors will deliver safety as well as freight

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing