Categories: News

Accenture to Expand Industry X.0 Capabilities with Acquisition of Zielpuls to Create Smart Products and Services for Carmakers

KRONBERG & MUNICH–(BUSINESS WIRE)–Accenture (NYSE: ACN) has entered into an agreement to acquire Zielpuls,
a technology consultancy headquartered in Germany. The acquisition will
bolster the capabilities of Accenture
Industry X.0
in the design of smart products and services for
automotive companies and will be expanded to support clients in the
medical technology, industrial equipment and high-tech industries.

Zielpuls provides architecture, development, engineering and management
services for complex digital products and services. Work examples
include an automated car parking system and development of the
architecture for driver assistance systems. The firm helped medical
technology companies automate production and align it to Good
Manufacturing Practices
standards. It also defined the entire IT
architecture to operate high-speed trains for a leading transportation
company.

Founded in 2008, Zielpuls will bring a team of 190 highly skilled
professionals with a background in science, technology, engineering and
mathematics. Zielpuls is headquartered in Munich and has offices in
Wolfsburg and Hanover, Germany, Shanghai and Beijing, China.

Frank Riemensperger, senior country managing director for Accenture in
Austria, Switzerland, Germany and Russia (ASGR), said, “Zielpuls excels
at designing architectures and operating systems for smart, connected
products and services. It will add to the deep expertise we have been
building in this area and complement previous acquisitions, including
award-winning strategic design consultancy designaffairs.”

Axel Schmidt, managing director and global lead of Accenture’s
automotive industry practice, said, “The team of engineers and
technologists of Zielpuls will strengthen our ability to develop
connected, intelligent architectures for automotive clients, both in
Germany and globally. Like designaffairs, Zielpuls has established
business in Germany and China, which is strategic for us.”

Upon close, Zielpuls will become part of Accenture Industry X.0, which
helps clients master the digital reinvention of industry by using
advanced digital technologies to transform core operations, worker and
customer experiences, and business models.

Andrew Smith, managing director and Accenture Industry X.0 lead in ASGR,
said, “Zielpuls has started to branch out into other areas, such as
medical technology, where software and data-driven services will
transform the core products. Its engineering know-how and ability to
orchestrate operating systems for smart products will help us build an
organization that can co-create and reimagine smart connected products
and services with clients from ideation through production.”

Following completion of the acquisition, the Zielpuls co-CEOs Markus
Frey and Dr. Marc Poppner will join Accenture as managing directors.
They will continue to lead the Zielpuls team along with their existing
management team and support the firm’s transition to Accenture Industry
X.0.

Markus Frey, co-CEO of Zielpuls, said, “We are excited to become part of
Accenture Industry X.0 which will allow us to scale our services for
clients, get access to the best brands in the world and capitalize on
the huge market opportunity in the area of smart connected products and
services.”

Zielpuls will be the latest of several acquisitions Accenture has
recently made to expand Accenture Industry X.0. These include strategic
design consultancy designaffairs (Germany), Pillar
Technology
(US) with its strong focus on embedded software
development for the automotive industry, hardware engineering firm Mindtribe
(US), and Enterprise
System Partners
(Ireland), a consulting and manufacturing services
provider for the life sciences industry.

Completion of the acquisition is subject to customary closing
conditions. Terms of the transaction were not disclosed.

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 more than 477,000 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 Industry X.0 helps businesses master the digital reinvention
of industry when they use advanced digital technologies to transform
core operations and unlock new revenue streams and business models. We
support every aspect of our clients’ multi-phase transformation
including workforce, customer experience, R&D, engineering,
manufacturing, business support and ecosystems. Visit https://www.accenture.com/industry-x0.

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,” “plans,” “projects,” “believes,”
“estimates,” “positioned,” “outlook” and similar expressions are used to
identify these forward-looking statements. These statements involve a
number of risks, uncertainties and other factors that could cause actual
results to differ materially from those expressed or implied. These
include, without limitation, risks that: Accenture and Zielpuls will not
be able to close the transaction in the time period anticipated, or at
all, which is dependent on the parties’ ability to satisfy certain
closing conditions; 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 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 ongoing,
profitable 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 changing technological environment 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; Accenture could face legal, reputational and
financial risks if the company fails to protect client and/or company
data from security breaches or cyberattacks; the markets in which
Accenture operates are highly competitive, and Accenture might not be
able to compete effectively; 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
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; Accenture’s
results of operations could be materially adversely affected by
fluctuations in foreign currency exchange rates; 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; 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; if Accenture is unable to manage
the organizational challenges associated with its size, the company
might be unable to achieve its business objectives; if Accenture does
not successfully manage and develop its relationships with key alliance
partners or fails to anticipate and establish new alliances in new
technologies, the company’s results of operations could be adversely
affected; Accenture’s ability to attract and retain business and
employees may depend on its reputation in the marketplace; Accenture
might not be successful at acquiring, investing in or integrating
businesses, entering into joint ventures or divesting businesses; if
Accenture is unable to protect 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; 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; 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; Accenture’s results of operations and share price could be
adversely affected if it is unable to maintain effective internal
controls; Accenture might be unable to access additional capital on
favorable terms or at all and if the company raises equity capital, it
may dilute its shareholders’ ownership interest in the company;
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 © 2019 Accenture. All rights reserved. Accenture and its
logo are trademarks of Accenture.

Contacts

Jens R. Derksen
Accenture
+49 175 57 61393
jens.derksen@accenture.com

Youssef Zauaghi
Accenture
+49 175 57 66458
youssef.zauaghi@accenture.com

Thomas Wittek
Accenture
+49 175 57 63105
thomas.wittek@accenture.com

Staff

Recent Posts

Clarkson University Professor Awarded National Science Foundation Grant for Pioneering Research in Developing Deep Tissue Imaging

POTSDAM, N.Y., June 11, 2024 /PRNewswire/ -- Clarkson University Assistant Professor of Chemistry and Biomolecular…

2 hours ago

Tampa General Hospital Deploys Artificial Intelligence Tools to Elevate Patient Experience

Ambient listening eliminates hours of documentation so providers can focus on patients and their care.…

2 hours ago

CDS Analytical Empore™ Line Exclusively Licenses Full Commercial Rights of the Innovative E3technology from University of Delaware

OXFORD, Pa., June 11, 2024 /PRNewswire/ -- CDS Analytical LLC, the global leader of sample…

2 hours ago

Jean Opsomer to Be Westat’s Director of Statistics and Data Science

Opsomer's leadership will further strengthen the practice of statistics and data science at Westat to…

2 hours ago