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Accenture Acquires ATI Solutions Group to Help Clients in Australia Automate Field Operations Faster and More Efficiently

2023-08-29 09:52
PERTH, Australia--(BUSINESS WIRE)--Aug 28, 2023--
Accenture Acquires ATI Solutions Group to Help Clients in Australia Automate Field Operations Faster and More Efficiently

PERTH, Australia--(BUSINESS WIRE)--Aug 28, 2023--

Accenture (NYSE: ACN) has acquired ATI Solutions Group (ATI), a Perth-based consulting service provider to the mining, energy and rail industries. ATI will enhance Accenture’s capabilities in West Australia, where specialized digital and industrial talent is in high demand. Terms of the transaction were not disclosed.

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Accenture has acquired ATI Solutions Group, an Australian consulting service provider to the mining, energy and rail industries. (Photo: Business Wire)

ATI offers clients a broad skill set and has experience across a wide range of capital projects. It helps clients automate and remotely run mines and rail networks, set up smart maintenance workflows, analyze data from the field, and optimize their operations. The company excels at implementing operational technology (OT) – which companies use to run assets like mining equipment – and connecting OT to enterprise IT systems. Better IT and OT integration allows companies to identify issues and automate processes in their field operations faster and more efficiently.

Steven Walsh, Industry X lead for Accenture in Australia and NZ, said: “Digital technology and automation in operations are a pivotal part of how leading asset-intensive companies drive value in their front-line operations. ATI’s long-standing expertise strengthens our capability to support our clients in these critical areas.”

Pete Burns, who leads Accenture’s business in Australia and New Zealand, added: “The acquisition of ATI reflects our ongoing focus and commitment to building our presence in the West Australian market, and delivering total enterprise reinvention to our clients.”

Matt Andrews, Director and Co-Founder, ATI, commented: “By joining Accenture, we will bring new value and scale to our clients and provide new opportunities to our people to grow their careers.”

ATI’s approx. 60 employees and contractors in Perth and other locations across Australia will join Accenture’s digital engineering and manufacturing service, Industry X. Accenture continues to build this service in Australia and New Zealand, having also acquired Perth-based OT service provider Electro 80 in 2021, and grown the team across the market in recent years.

Recently, Accenture acquired US infrastructure advisory and management company Anser Advisory to help clients complete their large, long-term infrastructure projects more predictably and efficiently.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 732,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners, and communities. Visit us at www.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. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” 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; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political 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 client demand for the company’s 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 company’s results of operations; 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 company’s business, the utilization rate of the company’s professionals and the company’s 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; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; Accenture’s environmental, social and governance (ESG) commitments and disclosures may expose it to reputational risks and legal liability; 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 company’s results of operations could be adversely affected; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, 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 Accenture’s 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 company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; 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 Accenture’s 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; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; Accenture’s 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 Accenture’s 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 “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.

Copyright © 2023 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 in place of 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 approval of this content by the owners of such marks is intended, expressed or implied.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230828143736/en/

CONTACT: Kate Maher

Accenture Australia

+61 405 778 205

kathryn.a.maher@accenture.comJens Derksen

Accenture Industry X

+49 175 57 61393

jens.derksen@accenture.com

KEYWORD: AUSTRALIA/OCEANIA NEW ZEALAND AUSTRALIA

INDUSTRY KEYWORD: OIL/GAS COAL DATA MANAGEMENT ENERGY TECHNOLOGY CONSULTING PROFESSIONAL SERVICES MINING/MINERALS RAIL NATURAL RESOURCES TRANSPORT SOFTWARE NETWORKS OTHER ENERGY UTILITIES

SOURCE: Accenture

Copyright Business Wire 2023.

PUB: 08/28/2023 09:07 PM/DISC: 08/28/2023 09:07 PM

http://www.businesswire.com/news/home/20230828143736/en