Accenture Completes Acquisition of OPS Rules, Enhances Its Machine Learning and Operations Analytics Capabilities for Clients
May 26 2016 - 2:00PM
Business Wire
Accenture (NYSE:ACN) has completed its acquisition of OPS Rules,
a boutique analytics consulting company that specializes in the
application of data science to create supply chain and operations
analytics solutions. The acquisition enhances Accenture’s machine
learning and operations analytics capabilities that can be used to
develop innovative and transformational solutions for clients
across industries.
In addition to joining Accenture Analytics, OPS Rules will be a
part of Accenture’s Data Science Center of Excellence (CoE), a
global innovation team that focuses on solving immediate and
complex client problems through advanced analytics approaches,
including machine and deep learning. While in the CoE, OPS Rules
will be focused on developing pioneering analytics solutions that
can help clients to establish more effective supply chain and
manufacturing operations.
OPS Rules’ data science experts – which includes David
Simchi-Levi, a Professor of Engineering Systems at the
Massachusetts Institute of Technology (MIT) and renowned supply
chain and operations analytics expert – have experience in applying
machine learning and optimization techniques to provide
multi-echelon inventory optimization, custom supply chain
analytics, supply chain risk management and dynamic pricing
services.
“Our clients are increasingly asking us for innovative analytics
solutions that involve advanced techniques like machine learning,
so they can find new ways to experiment with their data and
skillfully maneuver ahead of the competition,” said Narendra
Mulani, chief analytics officer, Accenture Analytics. “The addition
of OPS Rules’ sophisticated talent and David Simchi-Levi’s decades
of operations analytics experience will expand our end-to-end
analytics capabilities and enhance our ability to leverage machine
learning techniques and optimize business operations for clients
around the globe.”
Accenture Analytics takes an issue-led, outcome-focused and
industry-specialized approach to addressing its clients’ analytics
needs. Additional details on Accenture Analytics can be found
here.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With approximately
373,000 people serving clients in more than 120 countries,
Accenture drives innovation to improve the way the world works and
lives. Visit us at www.accenture.com.
Accenture Analytics, part of Accenture Digital, helps clients to
use analytics and artificial intelligence to drive actionable
insights, at scale. Accenture Analytics applies sophisticated
algorithms, data engineering and visualization to extract business
insights and help clients turn those insights into actions that
drive tangible outcomes—to improve their performance and disrupt
their markets. With deep industry and technical experience,
Accenture Analytics provides services and solutions that include,
but are not limited to: analytics-as-a-service through the
Accenture Insights Platform, continuous intelligent security,
machine learning, and IoT Analytics. For more information, follow
us @ISpeakAnalytics and visit www.accenture.com/analytics.
About OPS Rules
OPS Rules has been serving clients in the supply chain analytics
and operations consulting areas for over four years. The firm
focuses on supply chain and operations analytics that transform
complex supply chains for competitive advantage and significant
performance gains. The firm transfers these competencies so clients
can become data driven through analytics and realize significant
savings and performance results.
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 “may,”
“will,” “should,” “likely,” “anticipates,” “expects,” “intends,”
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“outlook” and similar expressions are used to identify these
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results to differ materially from those expressed or implied. These
include, without limitation, risks that: the transaction might not
achieve the anticipated benefits for Accenture; Accenture’s results
of operations could be adversely affected by volatile, negative or
uncertain economic conditions and the effects of these conditions
on the company’s clients’ businesses and levels of business
activity; Accenture’s business depends on generating and
maintaining ongoing, profitable client demand for the company’s
services and solutions, and a significant reduction in such demand
could materially affect the company’s results of operations; if
Accenture is unable to keep its supply of skills and resources in
balance with client demand around the world and attract and retain
professionals with strong leadership skills, the company’s
business, the utilization rate of the company’s professionals and
the company’s results of operations may be materially adversely
affected; the markets in which Accenture competes are highly
competitive, and Accenture might not be able to compete
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and/or company data or information systems as obligated by law or
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Accenture’s results of operations and ability to grow could be
materially negatively affected if the company cannot adapt and
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upon whom it relies do not meet their commitments, then Accenture’s
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than expected or unprofitable; Accenture’s results of operations
could be materially adversely affected by fluctuations in foreign
currency exchange rates; Accenture’s profitability could suffer if
its cost-management strategies are unsuccessful, and the company
may not be able to improve its profitability through improvements
to cost-management to the degree it has done in the past;
Accenture’s business could be materially adversely affected if the
company incurs legal liability; Accenture’s work with government
clients exposes the company to additional risks inherent in the
government contracting environment; Accenture might not be
successful at identifying, acquiring or integrating businesses,
entering into joint ventures or divesting businesses; Accenture’s
Global Delivery Network is increasingly concentrated in India and
the Philippines, which may expose it to operational risks; changes
in Accenture’s level of taxes, as well as audits, investigations
and tax proceedings, or changes in the company’s treatment as an
Irish company, could have a material adverse effect on the
company’s results of operations and financial condition; as a
result of Accenture’s geographically diverse operations and its
growth strategy to continue geographic expansion, the company is
more susceptible to certain risks; adverse changes to Accenture’s
relationships with key alliance partners or in the business of its
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of operations; Accenture’s services or solutions could infringe
upon the intellectual property rights of others or the company
might lose its ability to utilize the intellectual property of
others; if Accenture is unable to protect its intellectual property
rights from unauthorized use or infringement by third parties, its
business could be adversely affected; Accenture’s ability to
attract and retain business and employees may depend on its
reputation in the marketplace; if Accenture is unable to manage the
organizational challenges associated with its size, the company
might be unable to achieve its business objectives; any changes to
the estimates and assumptions that Accenture makes in connection
with the preparation of its consolidated financial statements could
adversely affect its financial results; many of Accenture’s
contracts include payments that link some of its fees to the
attainment of performance or business targets and/or require the
company to meet specific service levels, which could increase the
variability of the company’s revenues and impact its margins; if
Accenture is unable to collect its receivables or unbilled
services, the company’s results of operations, financial condition
and cash flows could be adversely affected; Accenture’s results of
operations and share price could be adversely affected if it is
unable to maintain effective internal controls; 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 “Risk Factors” heading in
Accenture plc’s 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 Accenture’s
expectations.
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AccentureKathryn Zbikowski, +1
917-452-0127kathryn.zbikowski@accenture.comorOPS RulesEdith
Simchi-Levi, + 855 677 7853
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