Accenture Cloud First Acquires Tenbu

Paulo Ossamu, who oversees Accenture Technology in Latin America, stated that clients are seeking assistance in understanding how they may monetize throughout the cloud continuum due to changing business and operating models, new architectures, apps, and data. The Tenbu team uses a wealth of data and AI experts to establish clear priorities and support maintaining organizational alignment across many aspects of our clients’ businesses.

By bringing the company’s data and AI experience, industry depth, and repeatable innovation with the cloud ecosystem, the purchase broadens Accenture’s Cloud First capabilities throughout Latin America and beyond, enabling clients to fully realise the value of their data. Tenbu is the eleventh company Accenture has acquired in the previous five years with headquarters in Latin America, along with Wolox and Ergo in Argentina and Organize Cloud Labs in Brazil. Tenbu, a company with its headquarters in Sao Paulo, aims to inspire people to use data creatively.

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Disruptive technology and talent transformation are used to achieve this goal. Tenbu uses a 360-degree approach to help its clients through the whole cloud data journey, combining data, technology, and talent to revolutionize businesses. Tenbu’s CEO, Carlos Pinto, stated that joining the Accenture Cloud First team would allow his company to use its specific skills to assist clients in making wise, informed decisions that add value. Being connected with Accenture Cloud First and working together on commercial possibilities across the Accenture organization is also a tremendous opportunity for our staff to grow.

About Accenture

Global professional services provider Accenture has industry-leading expertise in digital, cloud, and security. We provide Strategy and Consulting, Technology and Operations services, and Accenture Song, combining unrivalled knowledge and specialized capabilities across more than 40 sectors. These services are all supported by the greatest global network of Advanced Technology and Intelligent Operations centres. Every day, our 710,000 employees serve customers in more than 120 countries by delivering on the potential of technology and human inventiveness. In order to create value and shared success for our clients, employees, shareholders, partners, and communities, we embrace the power of change. Our website is accenture.com.

Future-Looking Remarks

Statements in this news release may comprise forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, excluding historical information and discussions. These statements are identified by words like “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” and similar terms. A number of risks, uncertainties, and other elements are present in these statements, which could lead to actual outcomes differing considerably from those stated or indicated.

Accenture’s results of operations have been adversely affected by volatile, negative, or uncertain economic and political conditions, including the Russian invasion of Ukraine, the related sanctions and other measures that have been and continue to be imposed in response to this conflict, as well as the current inflation rate. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; The markets in which Accenture competes are extremely competitive, and Accenture may not be able to compete successfully

Accenture’s ability to draw in clients and retain staff may be based on its standing in the industry; if Accenture fails to effectively manage and develop its relationships with key alliance partners or misses the opportunity to foresee and form new alliances in emerging technologies, the company’s operational results may suffer; Accenture’s geographically diverse operations and its growth strategy to continue to expand in its key markets around the world make the company more vulnerable to certain risks. If Accenture is unable to

manage the organizational challenges associated with its size, it may not be able to access additional capital on favorable terms or at all. If the company raises equity capital, it may erode its shareholders’ ownership interest in the company. The statements in this news release are only accurate as of the day they were published, and Accenture disclaims any obligation to revise or adapt any forward-looking statements to new information or changes in expectations.

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