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Home»Marketing»Accenture acquires The Lumery to strengthen marketing transformation services in Australia
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Accenture acquires The Lumery to strengthen marketing transformation services in Australia

The Elite Times TeamBy The Elite Times TeamMarch 3, 2024No Comments8 Mins Read
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The Roomeri enhances Accenture Song's marketing transformation services in Australia (Photo: Business Wire)

The Roomeri enhances Accenture Song’s marketing transformation services in Australia (Photo: Business Wire)

Melbourne, Australia, March 3, 2024–(BUSINESS WIRE)–Accenture (NYSE: ACN) is a Melbourne-based marketing technology (martech) consulting firm that helps leading organizations deliver seamless customer experiences and transform marketing services. We acquired a certain Zarumeri. The acquisition strengthens Accenture Song’s technology-enabled creative group’s marketing transformation capabilities and adds significant depth to its services in Australia, including personalization, CRM and loyalty, testing and experimentation, and automation. will be added.

Businesses are urgently looking for ways to meaningfully engage customers at every touchpoint. More than half of the world’s consumers want companies to respond more quickly to their changing needs and expectations. The acquisition of The Lumery reflects his Accenture Song’s continued investment in helping Australian businesses adapt to the rapid changes in martech. Global spending on martech is expected to increase by 64% to $216 billion in 2027.

Mark Green, Head of Australia and New Zealand at Accenture Song, said: “Especially with the rise of generative AI, we are leveraging technology to better understand our Australian customers and streamline, enhance and transform our marketing and sales efforts. There is a lot of interest in this,” he said. Accenture Song and The Lumery are distinguished by their distinct ability to help clients navigate an ever-changing and fragmented customer experience through a thoughtful approach that integrates software, data, and analytics. Accenture Song and The Lumery share the goal of helping organizations transform through connected marketing and technology investments to drive customer success. growth. “

Founded in 2017, The Lumery brings complementary relationships in the martech ecosystem to help clients achieve mass customization and customization at scale through technology. We provide industry and platform consulting services, including marketing advisory and planning, implementation across the technology stack, and operational excellence and simplification. The Lumery works with clients in sectors including consumer goods and services, financial services, public sector, retail and resources. A team of approximately 80 people from offices in Melbourne, Sydney and Bangalore, India will join Accenture Song’s marketing operations.

Rajan Kumar, co-founder and CEO of The Lumery, said: “Creating a compelling customer experience is not just about technology. It also requires creativity, modern ways of working, ever-evolving customer data, and Most importantly, we also need a great customer experience.” The Lumery was founded with a clear ambition to become a martech guru – we have combined marketing and technology expertise to build a team of seasoned professionals and create a successful We have grown our brand. Joining Accenture Song is a monumental step in our journey. We will expand our expertise globally and work together to help more companies connect with their customers and drive tangible business outcomes. ”

Peter Burns, Accenture’s head of business in Australia and New Zealand, said: “Bringing The Roomeri to power Accenture Song’s technology-enabled creativity, data intelligence and industry expertise is a great addition to our Australian business. It will help us scale our operations and further lead our customers on a path to sustained relevance.” . ”

Over the past year, Accenture Song has enhanced a suite of capabilities to help clients grow, innovate and stay relevant. In Australia, The Lumery recently added customer insights and advisory business Fiftyfive5 to strengthen its data-driven marketing offerings. Other recent global acquisitions include Jixie, Work & Co, Rabbit’s Tale, and ConcentricLife.

Terms of the transaction were not disclosed.

Forward-looking statements

Except for the historical information and discussion contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. “may”, “would”, “should”, “likely”, “anticipate”, “aspire”, “expect”, “intend”, “plan” Similar expressions may be used to identify these forward-looking statements. Masu. These statements are not guarantees of future performance or promises that any goals or objectives will be achieved. They also involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from any expressed or implied results. These risks include, but are not limited to, risks such as: The transaction may not achieve the anticipated benefits for Accenture. Accenture’s results of operations have historically been adversely affected by volatile, negative or uncertain economic and political conditions and the impact of these conditions on the operations and levels of business activity of our customers. and may continue to be adversely affected. Accenture’s business is subject to continued changes in technology and services, and the Company’s services and solutions, including the ability to adapt and expand such services and solutions in the event that such demand significantly decreases or is unable to respond to changing times. depends on creating and maintaining customer demand for. The evolving technological environment can have a material impact on the Company’s results of operations. If Accenture is unable to match its workforce and skills to the demands of its customers around the world and attract and retain professionals with strong leadership skills, the Company’s business, the utilization rate of the Company’s professionals, and the Company’s This could have a material negative impact on our business results. Accenture faces legal, reputational, and financial risks if we fail to protect client and company data from security incidents and cyberattacks. The markets in which Accenture operates are highly competitive and Accenture may not be able to compete effectively. Accenture’s ability to attract and retain businesses and employees may depend on its reputation in the marketplace. If Accenture is unable to successfully manage and develop its relationships with key ecosystem partners or anticipate and establish new alliances in new technologies, its results of operations may be adversely affected. Accenture may not be able to obtain favorable prices for its services or solutions, be unable to remain competitive, have unsuccessful cost management strategies, experience delivery inefficiencies, or If certain conditions are not met, Accenture’s profitability could be materially adversely affected. depending on your goals or specific service levels. Changes in Accenture’s tax levels, audits, investigations, tax proceedings, or changes in tax laws or their interpretation or enforcement could have a material adverse effect on Accenture’s effective tax rate, results of operations, cash flows and finances. Condition; Accenture’s results of operations may be materially adversely affected by fluctuations in foreign currency exchange rates. Changes in accounting standards or changes in estimates and assumptions that Accenture makes in connection with the preparation of our consolidated financial statements could adversely affect our financial results. Accenture’s geographically diverse operations and growth strategy in major markets around the world make it susceptible to certain risks. If Accenture is unable to manage the organizational challenges associated with its size, the company may not be able to achieve its business objectives. Accenture may not be successful in acquiring, investing in, integrating, entering into joint ventures with, or selling businesses. If Accenture were to incur legal liability, Accenture’s business could be materially adversely affected. As Accenture operates globally, we are subject to numerous and sometimes conflicting legal and regulatory requirements. Accenture works with government customers and is therefore exposed to additional risks inherent in the government contracting environment. if Accenture is unable to protect or enforce its intellectual property rights, or if Accenture’s services or solutions infringe the intellectual property rights of others, or if we lose the ability to exploit the intellectual property rights of others; If you do so, your business may be adversely affected. Accenture may be exposed to criticism and negative publicity in connection with its Irish incorporation. and the risks, uncertainties and others described under the heading “Risk Factors” in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. This includes factors such as The statements in this news release speak only as of the date on which they are made, and Accenture does not warrant that it will update any forward-looking statements in this news release or that any such statements may reflect actual results or Accenture assumes no obligation to adapt to changes in Accenture’s expectations.

About Accenture

Accenture helps the world’s leading businesses, governments, and other organizations build their digital cores, optimize operations, accelerate revenue growth, enhance citizen services, and create tangible value with speed and scale. We are the world’s leading professional services company. We are a people and innovation-driven company with approximately 743,000 employees serving customers in more than 120 countries. Technology is at the core of today’s change, and our strong ecosystem relationships make us one of the world’s leaders in helping drive that change. We combine our strength in technology and leadership in cloud, data, and AI with unparalleled industry experience, functional expertise, and global distribution capabilities. Our wide range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song enable us to deliver unparalleled tangible results. These capabilities, along with our culture of shared success and 360-degree value creation commitment, enable us to help our clients reinvent and build trusted and lasting relationships. Our success is measured by the 360-degree value we create for our clients, each other, our shareholders, partners and communities. Visit www.accenture.com.

Accenture Song accelerates customer growth and value through sustainable customer relevance. Our capabilities range from ideation to execution, including growth, product and experience design. Technology and experience platform. Creative, media and marketing strategy. Campaigns, commerce transformation content, channel orchestration, and more. With strong customer relationships and deep industry expertise, we help our customers operate at maximum speed through the limitless possibilities of imagination, technology and intelligence.

View source version on businesswire.com. https://www.businesswire.com/news/home/20240301888082/ja/

contact address

Kate Maher
Accenture Australia
+61 405 778 205
kathryn.a.maher@accenture.com

Shu Ping Lo
Accenture song
+65 8182 8545
low.sieu.ping@accenture.com

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