Accenture Acquires Strongbow Consulting

Acquisition of data-driven strategic advisory expands technology strategy capabilities 

Accenture (NYSE: ACN) has acquired Strongbow Consulting, a data-driven strategic advisory firm with deep expertise in helping organizations plan and execute technology transformation strategies while minimizing risk and maximizing cost savings. Strongbow Consulting's team of approximately 60 professionals is joining Accenture's Technology Strategy & Advisory practice, bringing the capabilities to optimize and modernize companies' IT infrastructure while seamlessly bridging the gap between old and new technology through successful change programs at scale. Terms of the transaction were not disclosed.

With its long history of driving successful outcomes for global enterprises, Strongbow Consulting will become an integral part of Accenture Technology Strategy & Advisory in North America, forming the core of its Tech Value practice, which was launched when Advocate joined last year. Strongbow Consulting will help expand Accenture's Technology Business Management (TBM) solutions with its capacity to find and unlock savings to fund modernization and innovation programs. With this new capability and Advocate's strengths in TBM/TBM-as-a-service (TBMaaS), FinOps-as-a-service and TEM, Accenture can deliver a holistic lifecycle management solution to help enterprises secure a far greater return on their technology investments.