Accenture buys PLM Systems to boost Industry X.0 business

Accenture Italy has entered into an agreement to acquire Turin-based boutique systems integrator PLM Systems.
Accenture digital strategy
The acquisition will expand Accenture’s capabilities to help clients improve how they generate, manage and benefit from product data in design, engineering and manufacturing.

Founded in 1996, PLM Systems specializes in designing and building information systems for product lifecycle management.

Its clients are Italian and international automotive, industrial equipment, fashion and aerospace and defense companies.

The acquisition of PLM Systems will boost Accenture’s capabilities and presence in the market for digital engineering services. Its team will join Accenture Industry X.0 in Italy. This is the part of Accenture that uses digital technologies to improve how industrial companies design, engineer and manufacture products and services and operate industrial facilities.

“Digital technologies like artificial intelligence are taking product lifecycle management to a new level. This offers industrial companies a huge opportunity to transform a core business function – engineering,” said Nigel Stacey, managing director and global lead of Accenture Industry X.0.

PLM Systems is the fourth digital manufacturing advisory, services and solutions provider that Accenture has acquired recently. It is following Callisto Integration in Canada, Silveo in France and Enterprise System Partners in Ireland.

Other recent acquisitions Accenture has made to strengthen its Industry X.0 business include German embedded software company ESR Labs, Dutch product design and innovation agency VanBerlo, U.S. product innovation and engineering company Nytec, and German strategic design consultancy designaffairs.

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