Accenture announced that it has agreed to acquire Industries eXcellence Group, a division of Engineering Group and a long-standing partner of Siemens Digital Industries.
The acquisition is expected to strengthen Accenture’s ability to help manufacturers modernize product development, production, and supply chain operations through software, data, and AI-enabled technologies.
Headquartered in Rome and Chicago, Industries eXcellence Group has expertise in Siemens software for discrete and process manufacturers. The company specializes in implementing digital thread solutions that help clients connect engineering, manufacturing, and automation across IT and operational technology.
Its capabilities span product lifecycle management, simulation, digital twins, Supervisory Control and Data Acquisition, industrial edge computing, and cloud computing.
Industries eXcellence Group serves clients across industries, including aerospace and defense, automotive, consumer goods, energy, high tech, industrial equipment, life sciences, and utilities. The company has more than 650 professionals based in Italy, the U.S., India, Germany, other European countries, and Mexico.
After the acquisition is completed, Industries eXcellence Group’s team and capabilities are expected to support the continued growth of the Accenture Siemens Business Group. The dedicated global business practice was formed last year to combine industrial technology with AI-enabled engineering and manufacturing capabilities.
Accenture also plans to establish two new Centers of Excellence for Siemens Digital Industries solutions in Italy and India after the transaction closes. The centers will bring together professionals with expertise in industrial software and advanced digital technologies to help clients improve product design, factory operations, and supply chain management.
Accenture said Industries eXcellence Group’s assets and services for other technologies will be integrated into its respective business units.
Terms of the transaction were not disclosed. The completion of the acquisition is subject to customary closing conditions.
KEY QUOTES:
“Manufacturers are increasingly investing in software, data and AI to make engineering and factory operations more flexible, intelligent and connected. But many companies struggle to integrate these technologies across their products, factories, plants and supply chains. We will combine IndX’s proven expertise in Siemens technologies with Accenture’s AI capabilities and industry knowledge to solve this challenge for clients faster.”
Tracey Countryman, Global Supply Chain and Engineering Lead at Accenture
“Accenture’s acquisition of IndX is a milestone for the Accenture Siemens Business Group. It brings proven skills in our industrial solutions for digital manufacturing, engineering, automation, digital twin and simulation, plus long-standing relationships with clients that apply them.”
Tony Hemmelgarn, President and CEO of Siemens Digital Industries Software
“Together with Siemens, we develop industrial AI-enabled solutions that shorten engineering time to market, increase manufacturing efficiencies and strengthen the digital core for our clients. IndX will strengthen the Accenture Siemens Business Group and help deliver on Accenture and Siemens’ shared ambition to scale these AI solutions.”
Vivek Kaushik, Global Lead of Accenture Siemens Business Group at Accenture
“Italy has a unique combination of manufacturing excellence, engineering capabilities and innovation talent. By expanding our Siemens industrial software capabilities and creating a new Center of Excellence in Italy, we are strengthening an ecosystem that can help Italian industry become even more competitive at the global level, accelerate digital transformation, and create highly specialized skills and jobs for the country.”
Teodoro Lio, Market Unit Lead of Accenture Italy
