Main menu

Pages

Accenture Acquires Tenbu to Expand Data and AI Capabilities to Unlock Business Value Across the Cloud Continuum

Accenture Acquires Tenbu to Expand Data and AI Capabilities to Unlock Business Value Across the Cloud Continuum

Sao Paulo, Brazil. August 1, 2022 – Accenture (NYSE: ACN) has acquired Tenbu, a cloud data company specializing in solutions for intelligent decision-making and planning through areas such as analytics, big data and machine learning . With over 150 certifications, Tenbu’s team of 170 data specialists joins Accenture Cloud First’s Data & AI team. Terms of the acquisition were not disclosed.

Karthik Narain, Global Lead, Accenture Cloud First, said: The Tenbu team uses data from across the cloud continuum for intelligent decision-making, expanding the ability of enterprises to drive new services, growth and resilience. ”

Paulo Ossam, Head of Accenture Technology in Latin America, said: “The Tenbu team brings together vast amounts of data and his AI specialists to help formulate clear priorities and align different parts of a client’s organization to achieve specific business outcomes. ”

The acquisition expands Accenture’s cloud-first capabilities across Latin America and globally, bringing the company’s data and AI expertise, industry depth, and repeatable innovation with the cloud ecosystem to help clients You’ll be able to unlock the business value of your data. Tenbu is Accenture’s 11th Latin American-based acquisition in the last five years, including Brazil’s Organize Cloud Labs and Argentina’s Wolox and Ergo.

Headquartered in São Paulo, Tenbu is focused on minimizing complexity and inspiring people to use data creatively, backed by innovative technology and talent transformation. It’s our mission. Tenbu uses a 360-degree approach to guide clients through their cloud data journeys, leveraging talent, technology, and data to drive business transformation.

Tenbu CEO Carlos Pinto said: It is also a great growth opportunity for our employees, integrated with Accenture Cloud First, teaming up for business opportunities across Accenture businesses. ”

About Accenture

Accenture is a global professional services firm with strong capabilities in digital, cloud and security. We combine unparalleled experience and specialized skills in over 40 industries to deliver strategy and consulting, technology and operations services, and Accenture Song. All of this is underpinned by advanced technology and the world’s largest network of intelligent operations centers. Our 710,000 employees serve clients in over 120 countries and deliver on the promise of technology and human ingenuity every day. We harness the power of change to create value and share our success for our clients, employees, shareholders, partners and communities. Learn more about us at accenture.com.

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. Likely, “predict”, “expect”, “intend”, “plan”, “plan”, “believe”, “estimate”, “locate”, “prospect” and similar Words are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, risks such as: Accenture’s results of operations will be adversely affected by volatile, negative or uncertain economic and political conditions, including the Russian invasion of Ukraine, related sanctions and other measures that have been and continue to be imposed. I have received Our response to this dispute, as well as the current inflationary environment, and the impact of these conditions on our clients’ businesses and levels of business activity. Accenture faces legal, reputational and financial risks if it fails to protect client and corporate data from security incidents and cyberattacks. Accenture’s business is committed to adapting and expanding its services and solutions to meet continuous changes in technology and products, and to significantly reducing such demand and responding to an evolving technological environment. It can have serious consequences. If Accenture is unable to match its talent and skills to the needs of its clients around the world and to attract and retain professionals with strong leadership skills, the company’s business, the company’s professional utilization and the company’s It may have a material adverse effect on business results. The COVID-19 pandemic has impacted Accenture’s business and operations, and the extent to which it will continue to be impacted and the impact on the company’s future financial results is uncertain. The markets in which Accenture operates are highly competitive and Accenture may not be able to compete effectively. Accenture’s ability to attract and retain businesses and employees can depend on its reputation in the market. If Accenture fails to successfully manage and develop relationships with key alliance partners, or to anticipate and establish new alliances on new technologies, Accenture’s results of operations could be adversely affected. If Accenture is unable to price a service or solution more favorably, if the company fails to remain competitive, if cost control strategies fail, if delivery inefficiencies occur, or if certain agreements are not met. If we do so, Accenture’s profitability could be significantly reduced. according to goals or specific service levels. Changes to Accenture’s tax levels, audits, audits, tax procedures, or changes in tax laws or their interpretation or enforcement could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financials. Condition; Accenture’s results of operations could be materially and adversely affected by fluctuations in foreign currency exchange rates. Changes in accounting standards or estimates and assumptions made by Accenture in connection with the preparation of its consolidated financial statements could adversely affect its financial results. Accenture may not have access to additional capital on favorable terms, or may not have access at all, and if the company raises its own capital, it may dilute shareholders’ ownership of the company. As a result of Accenture’s geographically diverse operations and growth strategy of continued expansion in key markets around the world, the company is susceptible to certain risks. If Accenture cannot manage organizational challenges related to its size, the company may not achieve its business goals. Accenture may not succeed in acquiring, investing in, or consolidating businesses, entering into joint ventures, or selling businesses. Accenture’s business could be materially and adversely affected if Accenture incurs legal liability. Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements. Working with Accenture’s government clients exposes the company to additional risks inherent in the government contracting environment. If Accenture is unable to protect or enforce its intellectual property rights, or if Accenture’s services or solutions infringe the intellectual property rights of others, or if the Company loses its ability to exploit others’ intellectual property; Its business may be adversely affected. If Accenture is unable to maintain effective internal controls, Accenture’s results of operations and stock price could be adversely affected. Accenture may receive criticism and negative press in connection with its incorporation in Ireland. Risks, uncertainties and risks discussed under the heading “Risk Factors” in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed or filed with the Securities and Exchange Commission; other factors. Accenture does not undertake any obligation to update any forward-looking statements contained in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

# # #

contact address:

Fernando Demorais
Accenture Brazil
+55 11 51880974
fernando.de.m.silva@accenture.com

Mirissa Tsai
Accenture
+1 617 488 7932
mylissa.tsai@accenture.com

Copyright © 2022 Accenture. all rights reserved. Accenture and its logo are trademarks of Accenture. This content is provided for general information purposes and is not intended to be used as a substitute for consultation with our professional advisors. This document refers to marks owned by third parties. All such third party marks are the property of their respective owners. No sponsorship, endorsement or endorsement of this content by the owners of such marks is intended, expressed or implied.

.