Accenture's Industry X M&A Strategy — A Growth and Transformation Engine
This IDC Market Perspective highlights Accenture's Industry X (IX) M&A activity in the fast-growing digital engineering and operational technology (DEOT) services market. It assesses Accenture's evolution and strategy to invest in people and technology through acquisitions to build IX capabilities."Today, M&A has become an important tool for Accenture's IX inorganic growth, allowing the service provider to acquire smaller companies with deep engineering capabilities to provide clients with the broadest set of services for digitizing their operations, improving productivity, and enabling more flexible product development," said Alok Singh, senior market analyst, Worldwide Digital Engineering and Operational Technology Services research at IDC." With its significant acquisitions in Industry X, Accenture has strengthened its digital engineering and operational technology services portfolio, which extends Accenture's capabilities in industries such as automotive, aerospace and defense, telecommunications, high-tech, life sciences, energy, and utilities."
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