Accenture to acquire PLM company

Accenture has announced plans to acquire PCO Innovation, an international consulting and systems integration group based in Montreal, Que., that specializes in product life cycle management (PLM) software technologies.

The acquisition is expected to strengthen Accenture’s ability to help clients organize, develop and manage new products and services throughout their life cycle and bring them to market more quickly and efficiently.

PCO Innovation offers PLM strategy and process consultancy, application architecture, system implementation, data migration and application management. Its professionals specialize in delivering PLM industry-leading platforms, including Dassault Systèmes, PTC and Siemens PLM.

The acquisition complements Accenture’s industry capabilities and the full range of services it provides clients in the design, building and management of systems and processes essential to driving their large-scale PLM transformation programs.

“Our clients are shifting to global operating models and the complexity of their products and services is increasing,” said Sergio Colella, managing director, Accenture. “There is a greater demand to integrate product and service development processes across disciplines from innovation to manufacturing, supply chain and customer service. With the combined capabilities of PCO Innovation and Accenture, we improve our ability to address this fast-growing market, which is core to our clients as they build their future offerings.”

Earlier this year, Accenture acquired Prion Group, a company also specializing in the delivery of PLM services. With the addition of Prion Group’s capabilities and the skills and experiences of PCO Innovation’s professionals, Accenture has expanded its ability to help automotive, aerospace and defence, consumer goods, electronics and industrial equipment clients improve the critical processes required to deliver products to customers quickly and efficiently. PCO Innovation’s employees, assets and accelerators will support the expansion of Accenture’s end-to-end PLM business services.

Accenture is a global management consulting, technology services and outsourcing company, with approximately 275,000 people serving clients in more than 120 countries.

www.accenture.com