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Accenture Expands Cloud First Offerings and Engineering Capabilities in the UK with Acquisition of Infinity Works

Accenture (NYSE: ACN) has acquired cloud and digital transformation consultancy Infinity Works. The acquisition strengthens and expands the cloud delivery and engineering capabilities of Accenture Cloud First in the UK. Terms of the acquisition were not disclosed.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210216005292/en/

Infinity Works is now part of Accenture (Photo: Business Wire)

Infinity Works is now part of Accenture (Photo: Business Wire)

With experience across multiple sectors from retail to financial services and some of the largest digital-led projects in national government, Infinity Works helps some of the country's most recognised brands digitally transform. It provides a range of value-adding services including cloud, data, design and research, mobile, and full-stack engineering. Headquartered in Leeds, Infinity Works has offices across the UK including Manchester, Edinburgh and London.

Founded in 2014, Infinity Works employs approximately 440 highly skilled people including experienced software engineers, data engineers, cloud architects, and cloud certified specialists. Founded in 2014, Infinity Works employs approximately 440 highly skilled people including experienced software engineers, data engineers, cloud architects, and cloud certified specialists. Infinity Works has deep relationships with key ecosystem players, including AWS, and is recognised as an Advanced Consulting Partner in the AWS Partner Network. Infinity Works is also an award-winning Elite Services Partner with Snowflake, the data cloud platform — the first partner in the UK & Ireland to be awarded this status.

“Acquiring Infinity Works is a significant step in advancing our Accenture Cloud First strategy and capabilities in the UK, and in achieving our purpose to deliver on the promise of technology and human ingenuity,” said Karthik Narain, global lead of Accenture Cloud First. “The Infinity Works team brings deep cloud and engineering specialization and increases our ability to leverage cloud-native architectures, applications and methods to help clients innovate and operate with speed and flexibility at scale.”

Paul Henshaw, co-founder at Infinity Works, said, “Ever since Infinity Works was founded, we have used cloud-first approaches to help our customers migrate to the cloud and enable them to digitally transform at scale and speed. We are proud of our proven experience of delivering across multiple sectors using a combination of our unique working culture, values, and technical expertise. Accenture's resources and capabilities will enable us to better support our customers' digital projects while providing them with the same exceptional levels of service they've come to expect.”

Emma Kendrew, cloud infrastructure engineering lead at Accenture UK & Ireland, said, “We are delighted to welcome the Infinity Works team as they bring a strong culture and unique approach to cloud that aligns well with Accenture. Modern software engineering is critical to unleashing the transformational power of cloud and adding the exceptional talents of the Infinity Works team will help propel us forward in realising our Cloud First ambitions.”

Earlier this week, Accenture announced the acquisition of Edenhouse, a UK-based independent SAP partner. Founded in 2008 and an SAP platinum partner, Edenhouse specializes in the sale, implementation, support, and hosting of SAP products and services to mid-sized businesses.

Accenture recently announced the creation of Accenture Cloud First, a new multi-service group of 70,000 cloud professionals, and a $3 billion investment over three years to rapidly expand its cloud service capabilities and offerings. Accenture Cloud First integrates the company’s wide-ranging cloud expertise to help clients across every industry accelerate their digital transformation and realize greater value at speed and scale by rapidly becoming "cloud first" businesses.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 514,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, 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,” “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. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been significantly adversely affected and could in the future be materially adversely impacted by the COVID-19 pandemic; 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 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 evolving 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 incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; 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 ability to attract and retain business and employees may depend on its reputation in the marketplace; as a result of Accenture’s geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, 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; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; 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 might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; 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’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; 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; 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 © 2021 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

Contacts:

Andy Rowlands
Accenture
+44 7952 594 784
andy.rowlands@accenture.com

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