Accenture Acquires CS Technology to Expand Cloud First Infrastructure Engineering Capabilities
NEW YORK--(BUSINESS WIRE)--Accenture (NYSE: ACN) has acquired CS Technology, a technology firm and provider of infrastructure transformation services. CS Technology offers a broad range of cloud infrastructure engineering capabilities with strengths in the areas of infrastructure and cloud planning, critical facilities design, data center and modern workplace technologies. CS Technology brings decades of experience executing strategic initiatives on behalf of its clients. Terms of the transaction were not disclosed.
The addition of CS Technology will boost Accenture Cloud First’s capabilities in infrastructure engineering. This will enhance Accenture’s portfolio of cloud services aimed at helping clients take full advantage of the benefits that cloud and distributed edge computing platforms offer in order to optimize the return on their cloud investments.
“Accenture’s acquisition of CS Technology expands the hybrid cloud infrastructure capabilities our clients need to become cloud-first enterprises and realize value faster,” said Karthik Narain, global lead of Accenture Cloud First. “The emerging applications of tomorrow require a range of technologies across the cloud continuum. Companies must evolve their technology infrastructure in a compressed timeframe, which requires moving quickly and with confidence. The addition of CS Technology better positions Accenture Cloud First to design and execute fit-for-purpose, hybrid cloud strategies that achieve measurable business outcomes.”
Established in 1992 and with headquarters in New York, CS Technology has offices in London, Melbourne and Sydney. The company provides a full suite of strategy to execution services in the domains of data center, cloud, modern workplace and operating models with a mandate to enhance the return on people, process and technology investments. CS Technology currently serves Fortune 2000 clients across numerous sectors including financial services, retail and pharmaceutical, among others. CS Technology also holds strategic ecosystem partnerships with OEMs, data center providers and major cloud providers.
The acquisition of CS Technology adds more than 100 professionals to Accenture with various accreditations in cloud, workplace, project management and engineering. These extensive capabilities complement and extend Accenture’s Cloud First services in support of each client’s growing needs for digital, cloud and data center hosting and hybrid working environments. CS Technology also brings specialized skills that sit at the intersection of business strategy, technology innovation and the mission critical assets that deliver and support those capabilities.
“For nearly 30 years, our CS Technology team has delivered transformative technology strategies and solutions that are married to our clients’ business outcomes, which is a requisite capability in the age of digital,” said John Rosato, chief executive officer of CS Technology. “Joining the Accenture team will collectively elevate our position as trusted advisors to our largest clients. Our deep specialization and experience will be magnified through this acquisition and will enable us to better deliver on our clients’ complex cloud, data center, workplace and operating challenges.”
CS Technology will further enhance the global capabilities of Accenture Cloud First. Powered by 70,000 cloud professionals and a $3 billion investment over the next three years, the Accenture Cloud First group brings together unmatched depth and breadth of cloud expertise, industry cloud solutions, ecosystem partner capabilities and assets that help clients realize greater value from cloud at speed and scale.
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 569,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
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