Consulting firm Accenture says a new acquisition will equip it to better help manufacturers to modernize product development, production, and supply chain operations through software, data, and AI-enabled technologies.
Accenture on Wednesday said it had agreed to acquire Rome and Chicago-based Industries eXcellence Group (IndX), a division of the Italian systems integrator Engineering Group.
IndX says it implements digital thread solutions that help clients connect engineering, manufacturing, and automation across IT and operational technology, from product lifecycle management, simulation, and digital twins to Supervisory Control and Data Acquisition (SCADA), industrial edge computing, and cloud computing. It specializes in providing technology from Siemens Digital Industries.
The company employs more than 650 professionals based in Italy, US, India, Germany, other European countries and Mexico.
Once the acquisition has been completed, IndX’s team and capabilities are expected to support the continued growth of the Accenture Siemens Business Group, a dedicated global business practice formed last year, which combines leading industrial technology with AI-enabled engineering and manufacturing capabilities.
“Manufacturers are increasingly investing in software, data and AI to make engineering and factory operations more flexible, intelligent and connected,” said Tracey Countryman, global supply chain and engineering lead at Accenture. “But many companies struggle to integrate these technologies across their products, factories, plants and supply chains. We will combine IndX’s proven expertise in Siemens technologies with Accenture’s AI capabilities and industry knowledge to solve this challenge for clients faster.”
Terms of the transaction were not disclosed.