Accenture acquires Welsh tech firm

Global digital services provider Accenture has acquired Wales-based tech company Genfour to help it expand its capabilities in the intelligent automation sector.

Founded in 2012, Genfour is headquartered in Cwmbran and provides companies with automation services. It works with clients in sectors such as insurance, banking and utilities.

According to Accenture, the addition of Genfour will help it expand its ability to provide customers with intelligent automation solutions to transform and re-engineer their business processes.

Clients will benefit from data-driven insights that can help them deliver faster, more informed business decisions and better quality of service for their customers.

Although financial details of the deal haven’t been detailed, Accenture said Genfour’s team of automation professionals will join the company and form part of its new UK automation centre.

Manish Sharma, group operating officer of Accenture Operations, said: “Intelligent automation is transforming the way businesses across industries operate, driving new levels of productivity, innovation, compliance, quality user experiences and improved decision making.

“With a strong track record of building and managing flexible, scalable automation solutions, Genfour’s highly skilled professionals will help accelerate the transformation and re-engineering of our clients’ business processes through intelligent automation, enhancing our ability to deliver on the promise of as-a-Service.”

The company has trained more than 70,000 professionals on new architectures, intelligent platforms and automation over the last twelve months. Automation solutions have been implemented for over 80 per cent of Accenture’s clients.

James Hall, CEO of Genfour, said: “With growing demand for intelligent automation solutions, we’re excited to be joining Accenture to help build better automated processes and tackle complex process opportunities for clients.

“We look forward to continuing to help clients use automation to successfully implement a digital workforce that can ultimately improve both internal operational efficiencies and customer experience.”

Image source: Michael Gray