Page 36 - SAMENA Trends - June-July 2020

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

supply chain transformation. The CEOs found that during the period from 2017- behaviors, a customer-centric supply chain
of these leading companies are more 2019, they have outperformed other is essential to the well-being of companies
likely to drive supply chain discussions companies in several areas. For instance, and society as a whole,” said Mark George,
with their boards and translate those they grew [revenues] 13%, on average, a managing director and North America
discussions into results. More than half compared with an average revenue lead for supply chain and operations at
(53%) of these CEOs allocate funding to decline of 5% for the other companies. Accenture Strategy. “The good news is
drive supply chain innovation, and 49% Moreover, their supply chain contribution that the approaches that leaders are taking
allocate top talent to accelerate supply to total revenue was triple that of the is an imitable formula that all companies
chain transformation other companies’ (52% vs. 17%); and they can follow to transform their supply chains
The report also includes analysis proving delivered EBITDA* margins 2.5% higher and sustain the operations that serve their
that the efforts taken by these leading than those of the other companies. “As customers and communities, as well as
companies have paid off. Accenture’s we continue to navigate the uncertainty Main Street and Wall Street, with purpose
financial analysis of these leaders has of fast-changing shifts in customer and growth.”

Accenture Named a Leader in Gartner’s Magic Quadrant for Oracle Cloud
Applications Services, Worldwide

Accenture has been named a Leader in purpose-built platform for Oracle Cloud, and use of continuous updates.” For
Gartner’s 2020 “Magic Quadrant for Oracle the Accenture MyConcerto for Oracle this report, Gartner evaluated 19 service
Cloud Applications Services, Worldwide,” offering helps clients around the world providers based on completeness of vision
marking the second consecutive year harness Oracle Cloud Applications for and ability to execute worldwide. Oracle
that Accenture has been recognized as a superior business outcomes,” said Cloud Applications service modules cover:
Leader in the global research and advisory Phillip Hazen, senior managing director, customer experience (CX), enterprise
firm’s annual assessment of Oracle Cloud Intelligent Platform Services at Accenture. performance management (EPM),
Applications (OCA) service providers. “We believe our consecutive recognition enterprise resource planning (ERP), human
According to the report, “Through 2022, by Gartner underscores our holistic capital management (HCM) and supply
the cloud-related IT services market was strategy, as well as our successful cloud chain management (SCM). Accenture
expected to grow at a five-year compound deployments at scale.” According to has unmatched global expertise across
annual growth rate (CAGR) of 20.5%.” Gartner, “The best vendors start with and a full range of Oracle Solutions with
Gartner goes on to add that, “It is too early justify the cloud journey to the business thousands of Oracle-skilled consultants
to say just what the impact of COVID-19 leaders, with a focus on innovation. Value is around the world who help accelerate
will be. However, the expectation is that the based on not only reducing the technology digital transformation by implementing
move to OCA will continue to accelerate, delivery cost, but also creating new Oracle-based business solutions and
perhaps even faster, as organizations take customers or revenue streams or gaining new business processes that develop and
decisive action to become more resilient business operational efficiencies. Using evolve as their digital business grows.
and to reduce operating costs.” “By managed services is not only ‘keeping Accenture has teamed with Oracle for over
bringing together innovation, intelligence the lights on,’ but also driving yet more 25 years and is a Global Cloud Elite-level
and industry knowledge into a single business value through the incorporation member in Oracle PartnerNetwork.

Accenture Completes Acquisition of Gekko

Accenture has completed its acquisition of Gekko, a leading French acquisition strengthens Accenture’s leadership position in cloud
Amazon Web Services (AWS) cloud services company. Terms and artificial intelligence; extends its ongoing relationships with
of the transaction, which was announced on April 20, were not key technology providers, including ecosystem partners such
disclosed. Gekko has more than 100 trained cloud professionals, as Amazon, Google and Microsoft; and complements the cloud
100 AWS certifications and a deep relationship with AWS. The migration expertise and strategic objectives of the Accenture
AWS Business Group (AABG) in France, Belgium, Luxembourg
and the Netherlands. The AABG is built on more than 13 years of
partnership and thousands of joint projects between Accenture
and AWS. Accenture’s AWS community consists of more than
8,000 AWS-trained professionals who hold over 5,500 AWS
certifications globally. Accenture has been recognized by AWS
with more than 20 AWS-awarded competencies/service delivery
designations.

36 JUNE-JULY 2020