NEW YORK, UNITED STATES, and TOKYO, JAPAN – Accenture, a leading outsourcing services giant, has acquired Openstream Holdings and its subsidiaries, Open Stream and Neutral.
This move aims to enhance Accenture’s digital transformation capabilities, particularly in the Japanese market.
Boosting cloud and digital engineering capabilities
Announced on May 17, 2024, the acquisition brings approximately 1,000 cloud and digital experts into Accenture’s cloud, digital engineering, and manufacturing teams.
This strategic addition will significantly bolster Accenture’s digital engineering and cloud capabilities, enabling the company to better support clients in system and application modernization.
Additionally, it will facilitate the adoption of cloud, AI, and IoT technologies.
The acquisition also broadens Accenture’s client portfolio by adding automation solutions that cover the entire product value chain, from procurement and manufacturing processes to logistics and after-sales service.
With a team of 600 professionals, Open Stream specializes in consulting and systems integration services for the logistics and retail industries. They offer low-code development platforms used by over 2,800 companies in various management systems.
Neutral, employing 400 professionals, brings extensive expertise in system integration for the automotive and manufacturing sectors. Their skills encompass manufacturing management, 3D computer-aided design, and AI-powered forecasting tools.
Accenture has been aggressively expanding its technological footprint in Japan through acquisitions and partnerships. This includes acquiring companies like CLIMB (April 2024) and Trancom ITS (2022), along with forming a joint venture with Mujin in January 2024.
Atsushi Egawa, who leads Accenture’s business in Japan, stated, “With Openstream Holdings, we can better help our clients reinvent their businesses and become truly data-driven.”
“Open Stream’s and Neutral’s talent, solutions, and client relationships with manufacturing and logistics companies will also strengthen our Industry X service.”
