Accenture Acquires Advocate, Expanding Technology Business Management Capabilities
06 Juni 2022 - 7:10PM
Business Wire
Accenture (NYSE: ACN) has acquired Advocate Networks, LLC, a
leading technology consultancy and managed services provider of
Technology Business Management (TBM) solutions that help
organizations create business value, achieve cost savings and
modernize their technology platforms. Terms of the transaction were
not disclosed.
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Accenture acquired Advocate Networks,
technology consultancy and managed services provider of Technology
Business Management solutions. (Photo: Business Wire)
Headquartered in Norcross, Georgia, Advocate’s team of more than
85 professionals is joining Accenture’s Technology Strategy &
Advisory practice, bringing capabilities for helping clients
define, architect and measure value from their digital and cloud
transformations. Advocate has deep technology expertise and a full
suite of services that help organizations align technology
investments with business goals and uncover savings to reinvest in
initiatives that drive growth and transformation.
“Organizations expect their technology investments to fuel
innovation and transform business operations and are increasingly
adopting TBM principles to optimize spend and deliver and
demonstrate immediate strategic business value,” said Keith Boone,
Accenture’s North America Technology Strategy & Advisory lead.
“With the powerful combination of Accenture and Advocate, we will
offer a multitude of industry-leading resources and capabilities to
help our clients measure the value of technology initiatives in a
clear, quantifiable manner.”
Advocate’s full suite of TBM services, from strategic advisory
to TBM-as-a-service (TBMaaS), complement Accenture’s cloud and
digital transformation services and end-to-end capabilities for TBM
and FinOps. Advocate also brings accelerators for industry-leading
tools and dashboards for IT value management and services that will
enhance insights provided by Accenture’s proprietary assets, such
as Accenture Momentum, myConcerto, myDiagnostic and myNav, with
additional TBM analytics.
“For more than two decades, Advocate’s enterprise clients have
relied on our dedicated team of TBM advisors, industry thought
leaders and technology specialists to improve efficiency and
uncover savings for new investments,” said Tim Wise, co-founder and
co-CEO of Advocate. “We share Accenture Technology Strategy &
Advisory’s purpose for helping clients architect and realize
exceptional business value from technology and are excited to bring
our combined capabilities to both new and existing customers.”
Accenture’s Technology Strategy & Advisory practice works
with clients to define their technology visions and build the
necessary roadmaps and execution plans to create sustainable value
from technology investments.
About Accenture Accenture is a global professional
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to create value and shared success for our clients, people,
shareholders, partners and communities. Visit us at
accenture.com.
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Maggie Nolan Accenture +1 917 852 3694
margaret.d.nolan@accenture.com
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