Management consulting and professional
services firm Accenture has acquired Australian consultancy AlphaBeta Advisors,
which specialises in business strategy, data analytics and econometrics.
Accenture says the acquisition will enable it
to expand its analytics-led strategy capabilities in the Australian market.
“In its short history, AlphaBeta Advisors has
carved out a unique and differentiated position in the local marketplace,” said
Bob Easton, chairman of Accenture in Australia and New Zealand.
“We are strongly aligned in how we work with
organisations to address some of the most pressing issues and opportunities of
our time. AlphaBeta Advisors’s data and analytics-led approach to strategy and
consulting will boost the specialised strategic advice Accenture offers clients
to help them achieve competitive agility by turning data-driven insights into
real action and impact.”
Founded in 2015, AlphaBeta Advisors has a
presence in Sydney, Melbourne and Canberra, and employs approximately 35 people
with backgrounds in data analytics, economics and public policy.
“Following a period of rapid growth, we are
ready to take our business to the next level. By joining forces and combining
our data-led advisory services with Accenture’s world-class strategy
capabilities, we will be best positioned to guide clients on the journey from
strategy through to execution,” said Andrew Charlton, founder and director at
AlphaBeta Advisors.
Accenture has made four other acquisitions in
Australia in the past year, including SAP and business intelligence
specialists, Icon Integration in February 2020; specialist Government
consultancy, Apis Group in December 2019; big data and analytics company
Analytics8 in August 2019; and cybersecurity and technology company BCT
Solutions in June 2019.
“Our locally-focussed investment is helping to
create further differentiation for our services in the marketplace. We know
that innovation, underpinned by expert advice and powered by digital
technologies, is a winning combination for our clients,” said Easton.
The acquisition signed and closed simultaneously
and terms of the transaction were not disclosed.
No comments:
Post a Comment