Accenture to Acquire IT Services Provider Trivadis AG, Extending Data and AI Capabilities to Help Businesses Accelerate Data-Driven Transformation

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GLATTBRUGG, Switzerland – (COMMERCIAL THREAD) – Accenture (NYSE: ACN) has entered into an agreement to acquire Trivadis AG, an IT services provider specializing in platforms and solutions for highly automated provisioning and innovative use of data. The Trivadis team, made up of more than 710 professionals in Switzerland, Germany, Austria, Denmark and Romania, will join the Accenture Data & AI team within the Accenture Cloud first group. Financial terms of the acquisition were not disclosed.

Headquartered in Glattbrugg, Switzerland, Trivadis uses a suite of accelerators and proprietary assets to help companies advance the lifecycle of their data platforms, automate operational tasks in databases, develop warehouse solutions and accelerate migrations to the cloud. Trivadis works with its clients to improve their data control, drive data modernization journeys in the cloud and provide actionable information. Trivadis also helps companies refine their business models and use new capabilities such as automation, AI, and cloud services to build a strategic foundation that derives the most value from data.

“The value of data depends on its accessibility and application. The cloud is the only place where data gains scalability, agility, and power to drive reinvention so businesses can take flight. Data is the vital source of business value today. However, the power of the data can be limited if it is locked into existing on-premises platforms, ”said Karthik Narain, Global Head of Accenture Cloud First. “The acquisition of Trivadis will strengthen our ability to help clients combine data from different sources in real time, create agile reports and leverage analytics and AI to create widely accessible insights on the customers, the market and the operations that produce significant business results. ”

“Data is fundamental to the development of any business today and has been part of Trivadis’ DNA from the start,” said Gerald Klump, Co-CEO of Trivadis. “We are delighted to join Accenture and extend our value proposition to a broader customer base. ”

Ana Campos, Co-CEO of Trivadis, added: “Together we will create great opportunities for our employees to grow and become the partner of choice for businesses to harness the power of data in the cloud.

Frank Riemensperger, Head of Market Unit for Accenture in Germany, Austria, Switzerland and Russia, said: “The fact that the talented Trivadis team is joining Accenture will strengthen our data on cloud capabilities with a strong emphasis on engineering. Combining these specific technological skills with expertise in business strategy and Accenture’s global network, will enable our end-to-end data and analytics offering to evolve and reinforce cloud and data reinvention strategies. from Accenture.

Founded in 1994, Trivadis has worked with clients from various industries including the public sector, automotive and life sciences. Trivadis has been recognized by the leading Swiss business weekly Handelszeitung as one of the best employers in its category “Internet, telecommunications and IT” for 2021.

Completion of the acquisition is subject to customary closing conditions.

About Accenture

Accenture is a global professional services company with industry-leading digital, cloud and security capabilities. Combining unparalleled experience and specialized skills in more than 40 industries, we offer strategy and advisory, interactive, technological and operational services, all powered by the world’s largest network of advanced technology and intelligent operations centers. Our 569,000 employees deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at www.accenture.com.

Forward-looking statements

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