IT consulting giant Accenture this week announced that it has acquired the North American consulting business (assets and operations) of Headspring, an Austin, Texas-based company that provides cloud-based engineering services. Financial details of the deal were not disclosed to the media.
The deal is expected to strengthen Accenture’s Cloud First offerings as well as enhance its ability to assist companies across multiple industries.
The IT consulting giant has been on a buying spree this year, snatching companies in Europe, Asia, South America, and the US. These include a Brazilian customer experience firm, a French cybersecurity business, a Germany-based engineering firm, a Japanese e-commerce company, and a US-based change management consulting firm.
“Accenture’s acquisition of Headspring will help us scale one of the most comprehensive platform engineering and cloud-native capabilities in the world. The depth and breadth of Headspring’s cloud-focused services and their significant experience working with Fortune 500 companies over the past two decades will be a valuable addition to our existing cloud engineering capabilities in North America and globally.”
Karthik Narain, global lead of Accenture Cloud First, said in the company’s press release.
Founded in 2001 and based in Austin, Texas, Headspring provides a broad range of cloud services including engineering, platform architecture, and product management. It serves public and private sector clients across numerous industries, including government, financial services, energy, and nonprofit. The company currently employs around 90 employees across its US and Mexico offices.
According to the company’s press release, Headspring’s consulting team of skilled professionals with accreditations in cloud engineering and cloud-native services will be integrated into Accenture Cloud First, a catalog of cloud-based solutions that includes application services, infrastructure, cloud migration, and built-in partnerships with a variety of third-party vendors. This product group was first introduced to the market in 2020 along with $3 billion in funding and a vast army of 70,000 cloud professionals.
Headspring’s broad and comprehensive suite of services includes:
1. Platform Engineering, including cloud-native platform architecture and development from the foundation to the experience layer,
2. Platform Modernization, including re-platforming and cloud migration, code transformation, visual redesign, and integration modernization.
3. Platform Architecture, including re-architecting platform foundations to support the new platform architecture.
4. Product Management, including overall assessment and analysis of pain points based on scaled severity, frequency of occurrence, time inefficiency, risk of inaccuracy, and technology bottlenecks.
Accenture (NYSE: ACN) is a global management consulting, technology services, and outsourcing company. It has 624,000 people serving clients in more than 120 countries. It collaborates with clients to help them become high-performance businesses and governments.