Accenture has acquired Advoco, one of the largest systems integrators for Infor EAM, a SaaS suite for enterprise asset management (EAM). Financial terms of the deal were not disclosed.
The acquisition expands Accenture’s capabilities to help clients in the consumer goods & services, industrial, life sciences, transit and other industries make their operations and supply chains safer, more sustainable, productive and cost-efficient, Accenture said in its statement.
Founded in 2002, Advoco has been repeatedly named Infor EAM Partner of the Year. Most of its over 100 asset management professionals are based in Greenville, SC, close to the Infor EAM product development team. Accenture plans to establish Advoco’s Greenville office as a center of excellence for Infor EAM delivery, industry use cases and intelligent asset management, the statement said.
The entire Advoco team joins Accenture’s Industry X group in the United States, strengthening its suite of services for digitizing clients’ engineering and maintenance functions, factory floors and plant operations, it added.
“Many of our clients are looking to leverage Infor EAM when embedding more intelligence in their asset management to drive the performance of their most critical assets,” said Nigel Stacey, global lead for Accenture Industry X. “Advoco is highly respected for its talent, expertise and training program in this space. Together, we will bring Infor EAM capabilities to clients at scale to take advantage of a growing market opportunity.”
Marty Osborn, partner at Advoco, said: “Becoming part of the Accenture Industry X family is an incredible opportunity for our clients and our employees. Accenture’s capabilities and expertise enable us to bring more cutting-edge, innovative work to our clients and grow as a team and as individuals. We’re excited to deliver outstanding expertise in the design, consultation and implementation of Infor EAM to even more companies and markets.”
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