Accenture (NYSE: ACN) will acquire Objectivity, a cloud and platform development services-focused digital engineering firm. Accenture’s Cloud First capabilities will be augmented with Objectivity’s expertise in platform architecture, cloud-native computing, and application modernization to help clients accelerate their digital transformation journey. The terms of this transaction’s finances were not disclosed.
Objectivity’s headquarters are located in Coventry, United Kingdom, and the company has operations in Poland, Germany, and Mauritius. The company’s experienced staff will be integrated into Accenture, increasing the company’s scope and resources.
Accenture’s European platform engineering capabilities would profit from the scope and depth of Objectivity’s engineering assets and talent, enabling clients to redefine their businesses and industries with the agility they require.
Jean-Marc Ollagnier, CEO of Accenture for Europe, stated, “The world is undergoing enormous changes, necessitating organizations to perpetually reinvent themselves to generate value. The scope and depth of Objectivity’s engineering assets and talent will strengthen our European platform engineering capabilities, giving our clients the agility they require to redefine their businesses and industries.”
Once the acquisition is finalized, the “values-driven culture and delivery experience” of Objectivity would enable Accenture's clients to pivot and introduce new products rapidly and efficiently.
According to Karthik Narain, Global Lead for Accenture Cloud First, the new generation of platform engineering enables businesses to accelerate innovation and value creation. He added, “Objectivity’s strong engineering culture and delivery experience will help our clients pivot and launch new products quickly and efficiently.”
Accenture’s Platform Engineering Services
Rob Helle, the founder of Objectivity, stated, “Joining the Accenture team will allow us to accomplish more, as we will be stronger together. Objectivity has provided innovative thinking to create the most purpose-fit digital solutions for more than three decades. Our values-driven culture has enabled us to become a successful international, virtual organization in which clients and employees continue to grow together.”This acquisition follows recent global investments in support of Accenture’s Platform Engineering Services, such as HeadSpring, Fairway Technologies, and Imaginea, among others. Everest Group, a market research firm, positioned Accenture as the Leader in Software Product & Platform Engineering Services in 2023.
Accenture is a prominent global provider of professional services that assists businesses, municipalities, and other organizations in developing their digital core, optimizing their operations, accelerating their revenue development, and enhancing their citizen services. Accenture is a talent and innovation-driven corporation with 738,000 employees servicing customers in over 120 countries.
