Accenture (NYSE: ACN) has acquired SYSTEMA, a provider of software solutions and consulting services for manufacturing automation, headquartered in Dresden, Germany. SYSTEMAโs long-standing experience in working for semiconductor manufacturers and other high tech companies will bolster Accentureโs capabilities to comprehensively support clients in these industries.
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Accenture has acquired SYSTEMA, a provider of software solutions and consulting services for manufacturing automation, headquartered in Dresden, Germany.
โTodayโs society relies heavily on semiconductors for everything from smartphones to cars, and there is a strong commitment in Europe to strengthen the industryโs manufacturing capabilities,โ said Christina Raab, market unit lead for Accenture in Austria, Switzerland and Germany. โThe production of semiconductors is complex and highly specialized, and SYSTEMAโs deep expertise in the industry will expand our capabilities and grow our business in ways we couldnโt achieve organically.โ
Despite its advanced products, the semiconductor industry runs a significant amount of legacy equipment in the production process. Many steps, such as material flow and machine change-over, still arenโt fully automated yet. This issue is particularly pronounced in Europe, where manufacturers need to optimize existing production facilities through automation to remain competitive.
SYSTEMAโs expertise includes deep knowledge in digitally connecting current and legacy production equipment and systems. The company excels at upgrading and extending traditional manufacturing execution systems (MES) with data analytics and optimization capabilities, which these systems often lack but are crucial to increasing output and optimizing cost.
โWe are combining SYSTEMAโs semiconductor and high tech industry experience and capabilities with Accentureโs global network and ability to scale to offer services covering the whole value chain, from supply to logistics and manufacturing,โ said Sarat Maitin, who leads Accentureโs practice for digital engineering and manufacturing and infrastructure and capital projects, Industry X, in Austria, Switzerland and Germany. โOur ambition is to become a partner to the industry that helps clients in Germany and Europe secure competitiveness in a market increasingly under pressure.โ
SYSTEMA has specialized skills in MES solutions from SAP (ME/MII/DM) and Critical Manufacturing. Beyond the semiconductor sector, the company works for clients in the aerospace and defense, medical, electronics, food & beverage, automotive, machinery, metal and steel, and speciality chemicals industries.
SYSTEMAโs team of more than 240 employees will join Accentureโs Industry X practice.
Manfred Austen, CEO of SYSTEMA, commented: โWe have built long-standing, trusted relationships with our clients, guiding them through the ever-evolving technological landscape. With Accentureโs capabilities in data, AI, engineering and supply chain, and our manufacturing IT/OT solutions, we can innovate and scale more effectively, while continuing to strengthen our trusted client relationships.โ
The terms of the transaction were not disclosed.
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 โmay,โ โwill,โ โshould,โ โlikely,โ โanticipates,โ โaspires,โ โexpects,โ โintends,โ โplans,โ โprojects,โ โbelieves,โ โestimates,โ โpositioned,โ โoutlook,โ โgoal,โ โtargetโ 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: the transaction might not achieve the anticipated benefits for Accenture; Accentureโs results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the companyโs clientsโ businesses and levels of business activity; Accentureโs business depends on generating and maintaining client demand for the companyโs 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 companyโs results of operations; risks and uncertainties related to the development and use of AI could harm the companyโs business, damage its reputation or give rise to legal or regulatory action; 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 companyโs business, the utilization rate of the companyโs professionals and the companyโs results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accentureโs ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key ecosystem partners or fails to anticipate and establish new alliances in new technologies, the companyโs results of operations could be adversely affected; Accentureโs profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accentureโs level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the companyโs effective tax rate, results of operations, cash flows and financial condition; Accentureโs results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accentureโs debt obligations could adversely affect its business and financial condition; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; as a result of Accentureโs 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 achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accentureโs business could be materially adversely affected if the company incurs legal liability; Accentureโs global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; Accentureโs work with 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 Accentureโs services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; 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 โRisk Factorsโ heading in Accenture plcโs 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 Accentureโs expectations.
About Accenture
Accenture is a leading global professional services company that helps the worldโs leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen servicesโcreating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the worldโs 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. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360ยฐ value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360ยฐ value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com.
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Jens R. Derksen
Accenture
+49 175 5761393
jens.derksen@accenture.com
Molly McDonagh
Accenture
+44 207 844 4305
molly.mcdonagh@accenture.com
