Accenture to Acquire Inspirage, Deepening Next Generation Digital Supply Chain Transformation Capabilities
Together, Accenture and Inspirage will assist shoppers reinvent their provide chain networks with Oracle Cloud
NEW YORK; Sept. 6, 2022 – Accenture (NYSE: ACN) has agreed to purchase Inspirage, an built-in provide chain specialist agency centered on Oracle know-how. The acquisition will additional improve Accenture’s Oracle Cloud capabilities, serving to it speed up innovation for shoppers by way of rising applied sciences, resembling touchless provide chain and digital twins. Terms of the transaction weren’t disclosed.
Founded in 2007, Inspirage is headquartered in Bellevue, WA with places of work throughout North America, Europe and Asia. Once the acquisition is accomplished, its 710 workers will be a part of the Accenture Oracle Business Group, additional bolstering its Oracle provide chain expertise and increasing its capabilities to assist product-centric shoppers create interconnected, clever and modern provide chain networks.
“In a time of unprecedented disruption and supply constraints, companies need to reimagine, build, and operate supply chain networks that orchestrate change, simplify people’s lives and positively impact business, society and the planet,” mentioned Renato Scaff, North America lead of Accenture Supply Chain & Operations. “With the addition of Inspirage and its deep industry and systems experience, Accenture will be even better positioned to help our clients reinvent supply chain and manufacturing through Oracle technologies.”
With a deal with digitally reworking product-based industries using Oracle Cloud applied sciences, Inspirage helps to break down silos throughout innovation and product life cycle administration, provide chain, logistics, enterprise finance, and analytics to obtain operational excellence. It serves shoppers in high-growth micro verticals inside the excessive tech, life sciences, manufacturing, shopper items, retail, and oil and fuel industries. Inspirage is a Platinum degree member of Oracle Partner Network.
“Our goal is to drive value for our clients, empowering them to evolve their businesses by embracing the cloud continuum and digital technologies,” mentioned Samia Tarraf, North America Oracle Business Group lead at Accenture. “We look forward to joining forces with Inspirage, a highly valued Oracle partner with top talent and an impressive track record. Together, we will help unleash the power of Oracle Cloud to drive impactful results.”
Srini Subramanian, CEO and co-founder, Inspirage, added, “For 15 years, we have been highly focused on customer success and innovating to stay ahead of client and industry challenges. Our people take immense satisfaction in solving the most difficult supply chain problems and making a difference for our clients and Oracle partners. Together with Accenture, we can deliver these highly specialized capabilities at scale globally, while creating new growth opportunities for our people.”
Completion of the acquisition is topic to customary closing situations.
About Accenture
Accenture is a worldwide skilled companies firm with main capabilities in digital, cloud and safety. Combining unmatched expertise and specialised expertise throughout greater than 40 industries, we provide Strategy and Consulting, Technology and Operations companies and Accenture Song — all powered by the world’s largest community of Advanced Technology and Intelligent Operations facilities. Our 710,000 individuals ship on the promise of know-how and human ingenuity on daily basis, serving shoppers in additional than 120 nations. We embrace the facility of change to create worth and shared success for our shoppers, individuals, shareholders, companions and communities. Visit us at accenture.com.
Forward-Looking Statements
Except for the historic info and discussions contained herein, statements on this information launch might represent forward-looking statements inside the that means of the Private Securities Litigation Reform Act of 1995. Words resembling “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and related expressions are used to establish these forward-looking statements. These statements contain quite a few dangers, uncertainties and different components that might trigger precise outcomes to differ materially from these expressed or implied. 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if Accenture is unable to match individuals and expertise with consumer demand around the globe and entice and retain professionals with robust management expertise, the corporate’s business, the utilization fee of the corporate’s professionals and the corporate’s outcomes of operations could also be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it can proceed to achieve this and its impression on the corporate’s future monetary outcomes are unsure; the markets through which Accenture operates are extremely aggressive, and Accenture won’t give you the option to compete successfully; Accenture’s skill to entice and retain business and workers might rely upon its fame within the market; if Accenture doesn’t efficiently handle and develop its relationships with key alliance companions or fails to anticipate and set up new alliances in new applied sciences, the corporate’s outcomes of operations might be adversely affected; 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Contacts:
Hannah Unkefer
Accenture
+1 206 839 2172
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Christina McDonald
Accenture
+1 415 537 7997
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