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 2023
    • 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 2023
    • 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

    Logistics Plus arranges gas pipe delivery to war-torn Ukraine

    Raising temperatures of cold storage warehouses would cut emissions, Lineage says

    Schneider Electric aims to decarbonize the semiconductor supply chain

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

    Report Abusive Comment

    Most Popular Articles

    • Walmart to open fifth “next-gen” fulfillment center in 2026

    • 53% of procurement leaders expect to increase their spending in 2024

    • U.S. faces permanent labor shortage, says University of Tennessee economist

    • Pepsi exec highlights four key structural changes in the supply chain

    • What skills will you need in the Age of AI?

    Featured Video

    Edge2023 innovationtheater here technologies

    CSCMP EDGE 2023 Innovation Theater: Enabling Peak Performance in Last-Mile Delivery Through Private Mapping and Custom Routing - HERE Technologies

    CSCMP EDGE 2023
    At HERE Technologies, we understand the hypercompetitive world of e-commerce, retail, and parcel delivery is increasing in complexity every day. End customers demand ever-increasing delivery performance levels regarding on-time arrivals, flexibility in delivery schedules, pricing and payment options, and more....

    FEATURED WHITE PAPERS

    • Balancing Act: How Freight Brokers Help Shippers Navigate Uncertainty

    • Quarterly Freight Data Report: Q3 2023

    • A Brighter Future: How COVID-19 Continues to Change Freight Procurement Strategies for the Better

    • Five questions to ask before electrifying your indoor forklift fleet

    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