Page 35 - SAMENA Trends - October 2019

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Accenture to Acquire Nytec to Innovate Connected
Experiences for Clients

Accenture has entered into an agreement certified Product Innovation Center (PIC) hardware engineering company Mindtribe
to acquire Nytec Inc., an award-winning in Kirkland, WA where it offers design, and embedded software development
product innovation and engineering prototype development, engineering and firm Pillar Technology, and with Nytec
company. Founded in 1975, Nytec is support services for manufacturing. we will continue to expand it.” “Our
headquartered in Kirkland, WA, and has Accenture is planning to expand the PIC designers, engineers, and manufacturing
a team of 250 professionals. Nytec will and bring it into its network of Forges, experts translate complex problems into
become part of Accenture Industry X.0, which is part of its global Industry X.0 compelling, simple solutions that deliver
which offers capabilities that drive the Innovation Network of more than 20 the ultimate user experience,” said Rich
digital reinvention of industry. This includes facilities. The network combines startup Lerz, CEO of Nytec. “Becoming part of
creating new types of products, services thinking with rapid prototyping, delivery Accenture Industry X.0 will allow our team
and experiences, and better ways to and ramp-up capabilities to co-develop to scale services for our clients and get
design, engineer, manufacture, operate and new products and services with clients access to the best brands in the world.”
support them across their entire lifecycle. and bring them to market quickly. “Our Other acquisitions that have strengthened
Nytec will expand Accenture Industry X.0’s ambition is to become a key partner for Accenture Industry X.0 include product
ability to innovate connected, Internet- clients wanting to transform their business design and innovation firm Altitude in
of-Things (IoT)-enabled experiences for through innovation that is coming from the Boston, strategic design consultancy
clients from idea through to realization fusion of software, physical products and design affairs, and technology consultancy
— an area in which both Accenture connectivity,” said Craig McNeil, Accenture Zielpuls, both in Munich, Germany. The
and Nytec have already demonstrated Industry X.0 lead, North America. “We’ve transaction is subject to customary
success. Nytec is Select Innovation been building the skillset to deliver on this closing conditions. Financial terms were
Partner for IoT Equipment Design and ambition, in part through our acquisitions of not disclosed.
Engineering for Carnival Corporation’s
Ocean Medallion™ guest experience
transformation, while Accenture has been
named Premier Innovation Partner for
Carnival Corporation’s Global Experience
and Innovation Team. Nytec will add
deep expertise in software platform
development and engineering to Accenture
Industry X.0 that is required to build the
underlying IoT infrastructure and systems
for connected experiences, particularly for
clients in the consumer tech, industrial
high tech, hospitality, travel, and consumer
goods and services industries. Nytec
operates an end-to-end LEED Platinum

Accenture Recognized as Leader in inaugural IDC MarketScape Report for
Worldwide Managed Cloud Services

Accenture has been positioned as a critical support by third-party managed noted the company’s high utilization
Leader in the first ever IDC MarketScape: SPs to help them manage their cloud rates of Platform-as-a-Service delivery,
Worldwide Managed Cloud Services environments,” said David Tapper, vice investments in centers of excellence,
2019 Vendor Assessment. In the report, president of Outsourcing and Managed strong financial growth performance, high
which evaluates 10 service providers Cloud Services at IDC. “The breadth of its client retention, high service availability,
across the full spectrum of clouds and investment along with its strong consulting fast response times rates, and robust
IT applications and infrastructure for and migration capabilities make Accenture recovery services. The IDC MarketScape
managed public, private, and hybrid cloud a good partner for any business looking also noted that “Accenture’s growth rate
services, Accenture was named a Leader. to exploit the opportunities inherent in the managed cloud services surpassed
“Managed cloud services are becoming in the cloud.” Looking at Accenture’s market standards.” Finally, Accenture was
a primary means of enterprises getting main strengths, the IDC MarketScape rated highly for “application capabilities

35 OCTOBER 2019