Accenture has acquired SAP partner and French consulting firm Silveo. Terms of the deal were not disclosed.
Silveo will join Accenture’s Industry X.0 business, the company said. Industry X.0 is the division of Accenture concerned with helping companies improve how they engineer and manufacture products and services using digital technologies.
Founded in 2014, Silveo is headquartered in Neuilly sur Seine, France. The company has 50 employees with expertise in supply chain and manufacturing solutions. Several of those solutions are based on software from SAP and Dassault Systèmes, the company says, which provide information from product lines in real-time.
Accenture Acquires Silveo: Executive Perspectives
Olivier Girard, country managing director of Accenture in France and Benelux, commented:
“Silveo would add valuable expertise to Accenture that would immediately reinforce our service offering and nurture our organic growth. Their team would strengthen our ability to help clients use digital innovations to efficiently manufacture and supply products that fit the quickly evolving needs of their customers.”
Flavien Parrel, managing director for Accenture Industry X.0 in France and Benelux, said:
“Silveo’s expertise would enable us to better help clients benefit from digital technologies in industrial production. For instance, clients would be able to implement ‘digital twins’ of their factories. With these digital models, they can simulate changes to the factories without actually touching them. It can make the production process much more flexible and efficient.”
Silveo founders Marc-Antoine Peuch, Romain Durando, Laurent Autebert and Karim Ait El Mouden said:
“We are passionate about helping companies make manufacturing and supply chains more flexible, automated, and driven by insights from data. Becoming part of Accenture Industry X.0 would be a fantastic opportunity for our team to bring their skills to more clients and larger projects.”
Accenture’s Growing Acquisition List
Accenture over the past year has completed a long list of acquisitions, a number of which have been in France.
Other French deals have included Cirreuseo earlier this year, Arismore and Altima° in 2017, and OCTO Technology (OCTOF) in 2016. The company has also acquired Sutter Mills (that deal closed this week).
