Accenture acquires VanBerlo to help its
clients build smart connected solutions.
New
York: Leading global professional services company Accenture has acquired Dutch
product design and innovation agency VanBerlon for an undisclosed amount. The
deal aims at strengthening Accenture’s capabilities to help its clients profit
from the merging of physical products and digital services. VanBerlo’s team, which
has over 90 professionals, is expected to join Accenture Industry X.0, which
fosters digital transformation through the integration of multitude of
technologies.
Managing
director and digital lead of Accenture said, “The number of smart connected
products is increasing rapidly and the speed of digitization is challenging our
clients’ design and development processes. Both call for a new approach to
innovation. Bringing VanBerlo’s creative team into our Industry X.0 practice
will enable us to help our clients develop new business models and generate new
revenues from smart connected products and services.”
CEO of
VanBerlo said, “Our multidisciplinary team is passionate about creating
forward-looking solutions that meet humans’ needs and generate growth for
clients. We are looking forward to joining Accenture Industry X.0 and driving
innovation for global clients.”
According to TechSci Research, this acquisition
will enable Accenture to help the clients develop new business models and
generate new revenues from smart connected products and services. VanBerlo is
an award-winning product design and innovation agency. It owns a wealth of
experience in innovation and product strategy, product, software and user
experience design, and prototyping, with a focus on sustainable solutions. The
company’s smart connected solutions combine physical objects with digital
services, using technologies like internet of things sensors, artificial
intelligence and data analytics. These solutions can provide more personalized
offerings and convenience to users while offering companies new ways to expand
their businesses. Mergers and acquisitions have always been Accenture’s key
growth strategies. VanBerlo brings an extensive track record in innovation and
product strategy, software, user experience design, and prototyping to the
global consulting giant.
According to recently published report
by TechSci Research, “Global
Fraud Detection and Prevention Market By Component
(Solution & Services), By Fraud Type (Internal & External), By Deployment
Type (Cloud & On-premise), By Organization Size (SME & Large
Enterprise), By End User Industry (Government, BFSI, Retail, Manufacturing,
Healthcare and Others), By Region, Competition, Forecast & Opportunities,
2024”, the global fraud detection and prevention market is
expected to grow at a CAGR of 18% during the forecast period owing to upsurge
in electronic transactions and increasing instances of cyber-attacks and
frauds. There is a growing need for restricting such frauds as these activities
incur huge financial losses to companies. Enterprises are now implementing
advanced techniques such as data mining and machine learning techniques, which
is anticipated to positively influence global fraud detection and prevention
market during forecast period.
According to TechSci Research report, Global
Rapid Application Development Market By Type (Low-code Development Platform and
No-code Development Platform), By Component (Tools and Services), By Business
Function (Sales & Marketing, HR & Operations, Finance and IT), By
Deployment (Cloud and On-premise), By Organization Size (SMEs and Large
Enterprises), By Vertical (BFSI, Automotive, Retail, IT & Telecom,
Government, Healthcare and Others), By Region, Competition, Forecast &
Opportunities, 2024”, global rapid application development
(RAD) market is expected to grow at a CAGR of around 40% during the forecast
period, on account of increasing demand for faster customer programming. Rapid
application development or rapid application building is a highly interactive
application development approach that helps in building software applications
rapidly. In RAD, coders as well as non-coders can create applications with the
help of simple drag and drop functionality, thereby propelling market growth
across the globe. Now a days, enterprises are focusing on optimizing
performances and processes, which in turn is promoting the rapid application
development market. Moreover, trend of bring our own device (BYOD) is expected
to positively influence the market during the next five years.