Accenture to buy Nytec as part of digital strategy

Accenture has agreed to acquire Nytec, a product innovation and engineering company, as part of the strategy to strengthen Accenture Industry X.0 business.
Accenture digital strategyNytec, headquartered in Kirkland, WA, has 250 employees. Rich Lerz is the CEO of Nytec. Accenture did not reveal financial details of the deal.

Accenture’s Industry X.0 business offers digital capabilities to create new products, services and experiences, and better ways to design, engineer, manufacture, operate and support them across their entire lifecycle.

Nytec will expand Accenture Industry X.0’s ability to innovate connected, Internet-of-Things (IoT)-enabled experiences for clients

Nytec operates LEED Platinum certified Product Innovation Center (PIC) in Kirkland, WA and offers design, prototype development, engineering and support services for manufacturing.

Accenture is planning to expand the PIC and bring it into its network of Forges, which is part of its Industry X.0 Innovation Network of more than 20 facilities.

“Our ambition is to become a key partner for clients wanting to transform business through innovation that is coming from the fusion of software, physical products and connectivity,” said Craig McNeil, Accenture Industry X.0 lead, North America.

Accenture, as part of strengthening the Accenture Industry X.0 business, had earlier acquired design and innovation firm Altitude in Boston, strategic design consultancy designaffairs, and technology consultancy Zielpuls, both in Munich, Germany.

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