Accenture (NYSE: ACN) has agreed to acquire Camelot Management
Consultants, an international SAP®-focused management and
technology consulting firm from Germany, with specific strengths in
supply chain, data and analytics. The acquisition will further
enhance Accenture’s SAP and AI-driven supply chain capabilities,
helping clients build the intelligent and resilient supply chains
that today's business landscape demands.
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Accenture has agreed to acquire Camelot
Management Consultants, an international SAP®-focused management
and technology consulting firm from Germany, with specific
strengths in supply chain, data and analytics. (Photo: Business
Wire)
The firm’s deep expertise in supply chain management will
bolster Accenture’s ability to drive the reinvention of its
clients’ entire supply chains. Camelot will also bring experience
in analytics, data strategy and modernization, helping
organizations build a strong foundation for accelerating the
adoption of AI. Research from Accenture shows only 9% of companies
use AI and generative AI widely across their supply chains, and the
adoption of the technologies correlates with higher
profitability.
“Today, we are seeing a surge in demand for data and analytics
services in supply chain management, strongly driven by increased
market volatility and the need for companies to make their
logistics more efficient,” said Tobias Regenfuss, Technology lead
Austria, Switzerland and Germany, Accenture. “With our acquisition
of Camelot, we will further enhance our capabilities and services
to help our clients use technology to address complex and pressing
business needs and drive additional value.”
Christina Raab, market unit lead for Accenture in Germany,
Austria and Switzerland, added, “Many organizations struggle to
navigate global disruptions, comply with evolving regulations, meet
rising customer expectations and keep pace with technological
developments. Driving value faster requires extraordinary
flexibility and a reinvention of traditional approaches. With
Camelot’s deep supply chain expertise, we will be even better
equipped to help organizations thrive amid disruption to stay
relevant and grow.”
Founded in 1996, Camelot is a leading SAP partner in Germany,
Austria and Switzerland with a broad client portfolio of large and
midsize companies in the chemicals, life sciences, consumer goods
and industrial manufacturing industries. With headquarters in
Mannheim, Germany, Camelot also has offices in the United States,
United Arab Emirates, India, Poland, Spain and Switzerland. This
acquisition will bring more than 700 highly qualified professionals
to Accenture, including SAP, data and supply chain experts.
“We have been providing management and technology consulting
services for nearly three decades and have become a leading SAP
partner with clients in a wide range of industries,” said Libor
Kotlik, Managing Partner of Camelot. “Accenture’s global scale and
service portfolio will enable us to bring innovative ideas and
solutions to clients while creating exciting development
opportunities for our people. Together, we will address the key
market demand and build lasting value for our clients.”
Camelot was recently named SAP Digital Supply Chain Focus
Partner within the diamond initiative for the second consecutive
year. The firm has been recognized by leading analysts and has won
numerous awards including Germany’s Best Consultants 2024.
Camelot will follow Einr, a Norwegian SAP®-focused business
consulting company Accenture acquired in May 2023.
Terms of the transaction were not disclosed. Completion of the
acquisition is subject to customary closing conditions, including
receipt of regulatory approvals.
Forward-Looking Statements
Except for the historical information and discussions contained
herein, statements in this news release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as “may,”
“will,” “should,” “likely,” “anticipates,” “aspires,” “expects,”
“intends,” “plans,” “projects,” “believes,” “estimates,”
“positioned,” “outlook,” “goal,” “target” and similar expressions
are used to identify these forward-looking statements. These
statements are not guarantees of future performance nor promises
that goals or targets will be met, and involve a number of risks,
uncertainties and other factors that are difficult to predict and
could cause actual results to differ materially from those
expressed or implied. These risks include, without limitation,
risks that: Accenture and Camelot will not be able to close the
transaction in the time period anticipated, or at all, which is
dependent on the parties’ ability to satisfy certain closing
conditions; the transaction might not achieve the anticipated
benefits for Accenture; Accenture’s results of operations have
been, and may in the future be, adversely affected by volatile,
negative or uncertain economic and political conditions and the
effects of these conditions on the company’s clients’ businesses
and levels of business activity; Accenture’s business depends on
generating and maintaining client demand for the company’s services
and solutions including through the adaptation and expansion of its
services and solutions in response to ongoing changes in technology
and offerings, and a significant reduction in such demand or an
inability to respond to the evolving technological environment
could materially affect the company’s results of operations; if
Accenture is unable to match people and their skills with client
demand around the world and attract and retain professionals with
strong leadership skills, the company’s business, the utilization
rate of the company’s professionals and the company’s results of
operations may be materially adversely affected; Accenture faces
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ability to attract and retain business and employees may depend on
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pricing for its services and solutions, if the company is unable to
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or in the estimates and assumptions Accenture makes in connection
with the preparation of its consolidated financial statements could
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geographically diverse operations and strategy to continue to grow
in key markets around the world, the company is more susceptible to
certain risks; if Accenture is unable to manage the organizational
challenges associated with its size, the company might be unable to
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intellectual property rights or if Accenture’s services or
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or the company loses its ability to utilize the intellectual
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Accenture may be subject to criticism and negative publicity
related to its incorporation in Ireland; as well as the risks,
uncertainties and other factors discussed under the “Risk Factors”
heading in Accenture plc’s most recent Annual Report on Form 10-K
and other documents filed with or furnished to the Securities and
Exchange Commission. Statements in this news release speak only as
of the date they were made, and Accenture undertakes no duty to
update any forward-looking statements made in this news release or
to conform such statements to actual results or changes in
Accenture’s expectations.
About Accenture
Accenture is a leading global professional services company that
helps the world’s leading Accenture is a leading global
professional services company that helps the world’s leading
businesses, governments and other organizations build their digital
core, optimize their operations, accelerate revenue growth and
enhance citizen services—creating tangible value at speed and
scale. We are a talent- and innovation-led company with 750,000
people serving clients in more than 120 countries. Technology is at
the core of change today, and we are one of the world’s leaders in
helping drive that change, with strong ecosystem relationships. We
combine our strength in technology and leadership in cloud, data
and AI with unmatched industry experience, functional expertise and
global delivery capability. We are uniquely able to deliver
tangible outcomes because of our broad range of services, solutions
and assets across Strategy & Consulting, Technology,
Operations, Industry X and Song. These capabilities, together with
our culture of shared success and commitment to creating 360°
value, enable us to help our clients reinvent and build trusted,
lasting relationships. We measure our success by the 360° value we
create for our clients, each other, our shareholders, partners and
communities. Visit us at www.accenture.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240718196863/en/
Yvonne Bernerth Accenture +49 175 5767469
yvonne.bernerth@accenture.com
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