The transaction is expected to improve Accenture’s Oracle Cloud capabilities further by helping it expedite innovation for clients through emerging technologies
Inspirage to be acquired by Accenture. (Credit: Ssu/Wikimedia Commons)
Accenture has signed a deal to acquire Inspirage, an IT service management company and integrated supply chain specialist company focused on Oracle technology.
The financial terms of the deal were not revealed.
The transaction is expected to further improve Accenture’s capabilities in Oracle Cloud by helping it expedite innovation for clients with emerging technologies, that include digital twins and touchless supply chain.
Accenture supply chain and operations North America lead Renato Scaff said: “In a time of unprecedented disruption and supply constraints, companies need to reimagine, build, and operate supply chain networks that orchestrate change, simplify people’s lives and positively impact business, society and the planet.
“With the addition of Inspirage and its deep industry and systems experience, Accenture will be even better positioned to help our clients reinvent supply chain and manufacturing through Oracle technologies.”
Headquartered in Bellevue, Washington State, Inspirage has been operating since 2007. The company has offices in North America, Asia, and Europe.
Inspirage is said to help in breaking down silos across innovation and product life cycle management, logistics, enterprise finance, supply chain and analytics for achieving operational excellence.
The company is said to focus on digitally transforming product-based industries by leveraging Oracle Cloud technologies.
On closing of the deal, Inspirage’s 710 employees will be absorbed into the Accenture Oracle business group. This is expected to further strengthen Accenture’s Oracle supply chain skills and increase its capabilities to aid clients to develop supply chain networks that are intelligent, interconnected, and innovative.
Inspirage CEO and co-founder Srini Subramanian said: “For 15 years, we have been highly focused on customer success and innovating to stay ahead of client and industry challenges.
“Our people take immense satisfaction in solving the most difficult supply chain problems and making a difference for our clients and Oracle partners.
“Together with Accenture, we can deliver these highly specialised capabilities at scale globally, while creating new growth opportunities for our people.”
The closing of the deal is contingent on customary closing conditions, said Accenture.
Recently, Accenture acquired MacGregor Partners, a US-based supply chain consultancy and technology provider that is specialised in intelligent logistics and warehouse management.