Featured Company News – Accenture Acquires SolutionsIQ; Expands its Agile Transformation and Services Portfolio

Research Desk Line-up: CSRA Inc. Post Earnings Coverage

LONDON, UK / ACCESSWIRE / June 6, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Accenture PLC (NYSE: ACN). The Company announced on June 02, 2017, that it has acquired SolutionsIQ, a leading provider of Agile transformation services for business and technology, in an attempt to fuel its world-class capabilities that help organizations and enterprises drive change, improve customer experience, and create great business value through agile methods. The terms of the acquisition were not disclosed. For immediate access to our complimentary reports, including today’s coverage, register for free now at:

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The Announcement

SolutionsIQ currently holds one of the most experienced teams of Agile coaches in the industry. SolutionsIQ helps organizations apply Agile principles and practices to achieve substantial performance improvements, including enhanced digital delivery effectiveness, reduced product cycle times for software developments and enhanced responsiveness to business needs.

Accenture views this acquisition as a step to deliver tremendous value to the Company and its clients. According to the Company, Agile is more than a software development methodology. It turns quite crucial considering the rapidly evolving digital technologies, or New IT. SolutionsIQ coaches are one of the most sought-after experts in the industry and this agreement will expand Accenture’s ability to help clients reduce investment risk, accelerate time to market for new products and service portfolios, and support design which eventually delivers better customer experiences.

Accenture was an early leader in Agile and the Company has a global team of practitioners with expertise in managing complex, distributed Agile transformation and delivery. Along with Solutions IQ, the Company expects to deliver its clients, innovative and value-focused solutions that are aligned with rapidly changing user experiences. SolutionsIQ views this agreement as a step to expand its exceptional domain knowledge and experience in Agile transformation.

Accenture Growth Prospects

Accenture is a leading global professional services Company offering a wide array of services in strategy, consulting, digital, technology, and operations. The Company sums up unmatched experience and specialized skills across more than 40 industries and business functions. The Company works at the intersection of business and technology, with around 401,000 people serving clients, across 120 countries.

Prior to the announcement on June 01, 2017, Accenture signed a definitive agreement to acquire LabAnswer, a leading US-based research and laboratory informatics technology consulting firm. The terms of the acquisition were not disclosed. Post the closure of the transaction, Accenture will establish Accenture Scientific Informatics Services, which will combine the resources and capabilities acquired through LabAnswer, with Accenture’s existing R&D informatics capabilities. Accenture Informatics Services will help life sciences Companies better capture, manage, integrate, and analyze complex research data.

The Company additionally announced on June 01, 2017, that it has collaborated with Acosta, a leading full-service sales and marketing agency in the consumer packed goods industry, in an attempt to deliver efficient and accurate trade promotion deduction processes by implementing a comprehensive automation solution. Acosta currently processes more than 1 million trade promotion deductions annually for more than 350 manufacturers and retailers. These deductions are designed to increase demand for products in retail stores and are based on different techniques, including, special pricing, display fixtures, and demonstrations.

Last Close Stock Review

On Monday, June 05, 2017, the stock closed the trading session at $126.58, slightly up by 0.67% from its previous closing price of $125.74. A total volume of 1.95 million shares have exchanged hands. Accenture’s stock price advanced 2.71% in the last three months, 7.58% in the past six months, and 6.46% in the previous twelve months. Moreover, the stock gained 8.07% since the start of the year. The stock is trading at a PE ratio of 21.09 and has a dividend yield of 1.91%. At Monday’s closing price, the stock’s net capitalization stands at $81.62 billion.

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