NEW YORK–(COMMERCIAL THREAD) – Accenture (NYSE: ACN) acquired Advoco, one of the leading 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 customers in the consumer goods and services, industrial, life sciences, transit and other sectors make their operations and chains more secure, more sustainable, more productive and more profitable supplies. Terms of the acquisition were not disclosed.
Adcoco’s mission is to form trusted advisor partnerships with clients from all industries. She specializes in configuring and integrating Infor EAM software with existing enterprise and operational systems of enterprises, as well as EAM training programs. The solutions and services provided by Advoco are designed to help customers improve 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 more than 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 range of services to digitize customers’ engineering and maintenance functions, workshops and plant operations.
“Many of our clients are looking to leverage Infor EAM to incorporate more intelligence into their asset management to improve the performance of their most critical assets,” said Nigel Stacey, Global Head of 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 customers at scale to take advantage of a growing market opportunity. ”
Marty Osborn, Partner at Advoco, said: “Being part of the Accenture Industry X family is an incredible opportunity for our customers and employees. Accenture’s capabilities and expertise allow us to bring our clients more forward-thinking and innovative work and to grow as a team and as individuals. We are excited to provide exceptional 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 that Accenture has made since 2017 to strengthen its capabilities in Industry X. Recent acquisitions include global engineering consulting and services firm umlaut, the technology provider of operation Electro 80 (Australia), industrial robotics and automation service provider Pollux (Brazil), operations consultancy Myrtle (United States) and technology consultancy SALT Solutions (Germany).
Accenture is a global professional services company with industry-leading digital, cloud and security capabilities. Combining unparalleled experience and specialized skills in more than 40 industries, we offer strategy and advisory, interactive, technological and operational services, all powered by the world’s largest network of advanced technology and intelligent operations centers. Our 624,000 employees deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at www.accenture.com.
Accenture Industry X integrates intelligence into the way customers run factories and factories, as well as the design and engineering of connected products and services, making manufacturing and operations more efficient, efficient and better. safe; enable businesses to transform the way they make things, and the things they make, for sustainable growth.
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