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Accenture Buys Dutch Product Design and Innovation Agency VanBerlo

Accenture Buys VanBerlo

Accenture acquires VanBerlo to help its clients build smart connected solutions.

New York: Leading global professional services company Accenture has acquired Dutch product design and innovation agency VanBerlon for an undisclosed amount. The deal aims at strengthening Accenture’s capabilities to help its clients profit from the merging of physical products and digital services. VanBerlo’s team, which has over 90 professionals, is expected to join Accenture Industry X.0, which fosters digital transformation through the integration of multitude of technologies.

Managing director and digital lead of Accenture said, “The number of smart connected products is increasing rapidly and the speed of digitization is challenging our clients’ design and development processes. Both call for a new approach to innovation. Bringing VanBerlo’s creative team into our Industry X.0 practice will enable us to help our clients develop new business models and generate new revenues from smart connected products and services.”

CEO of VanBerlo said, “Our multidisciplinary team is passionate about creating forward-looking solutions that meet humans’ needs and generate growth for clients. We are looking forward to joining Accenture Industry X.0 and driving innovation for global clients.”

According to TechSci Research, this acquisition will enable Accenture to help the clients develop new business models and generate new revenues from smart connected products and services. VanBerlo is an award-winning product design and innovation agency. It owns a wealth of experience in innovation and product strategy, product, software and user experience design, and prototyping, with a focus on sustainable solutions. The company’s smart connected solutions combine physical objects with digital services, using technologies like internet of things sensors, artificial intelligence and data analytics. These solutions can provide more personalized offerings and convenience to users while offering companies new ways to expand their businesses. Mergers and acquisitions have always been Accenture’s key growth strategies. VanBerlo brings an extensive track record in innovation and product strategy, software, user experience design, and prototyping to the global consulting giant.

According to recently published report by TechSci Research, Global Fraud Detection and Prevention Market By Component (Solution & Services), By Fraud Type (Internal & External), By Deployment Type (Cloud & On-premise), By Organization Size (SME & Large Enterprise), By End User Industry (Government, BFSI, Retail, Manufacturing, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2024, the global fraud detection and prevention market is expected to grow at a CAGR of 18% during the forecast period owing to upsurge in electronic transactions and increasing instances of cyber-attacks and frauds. There is a growing need for restricting such frauds as these activities incur huge financial losses to companies. Enterprises are now implementing advanced techniques such as data mining and machine learning techniques, which is anticipated to positively influence global fraud detection and prevention market during forecast period.

According to TechSci Research report,  Global Rapid Application Development Market By Type (Low-code Development Platform and No-code Development Platform), By Component (Tools and Services), By Business Function (Sales & Marketing, HR & Operations, Finance and IT), By Deployment (Cloud and On-premise), By Organization Size (SMEs and Large Enterprises), By Vertical (BFSI, Automotive, Retail, IT & Telecom, Government, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2024”, global rapid application development (RAD) market is expected to grow at a CAGR of around 40% during the forecast period, on account of increasing demand for faster customer programming. Rapid application development or rapid application building is a highly interactive application development approach that helps in building software applications rapidly. In RAD, coders as well as non-coders can create applications with the help of simple drag and drop functionality, thereby propelling market growth across the globe. Now a days, enterprises are focusing on optimizing performances and processes, which in turn is promoting the rapid application development market. Moreover, trend of bring our own device (BYOD) is expected to positively influence the market during the next five years.

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