Accenture Buys Advocate to Further Business Mgmt
Accenture has bought tech consultancy firm Advocate Networks, a managed services provider for business management solutions that is helping to modernize businesses.
According to a Monday (June 6) press release, Advocate’s team, headquartered in Norcross, Georgia, will be joining Accenture’s Technology Strategy and Advisory team and will help clients “define, architect and measure value” from their digital and cloud transformations.
Advocate’s work includes a suite of services that align tech with business goals to help find ways to improve savings and grow. The suite includes strategic advisory, technology business management (TBM)-as-a-Service and other things, and the release said they will strengthen Accenture’s cloud and digital transformation efforts.
Advocate will also offer accelerators for tools and dashboards for IT value management and services, bolstering insights for Accenture assets like Accenture Momentum, myConcerto, myDiagnostic and myNav, with additional TBM analytics.
“Organizations expect their technology investments to fuel innovation and transform business operations and are increasingly adopting TBM principles to optimize spend and deliver and demonstrate immediate strategic business value,” said Keith Boone, Accenture’s North America Technology Strategy and Advisory lead. “With the powerful combination of Accenture and Advocate, we will offer a multitude of industry-leading resources and capabilities to help our clients measure the value of technology initiatives in a clear, quantifiable manner.”
PYMNTS wrote about another digital payments case lately in which Brazil has been spearheading digital payments adoption, with consumers having high expectations for what happens with those payments.
This comes as smaller businesses in the country have been poorly served by legacy banks, according to Luis Silva, founder and CEO of payment network provider CloudWalk. He said that more alternative companies will be able to come and fill the space.
Silva added that consumers are looking for a good price, good product and quality customer experience.