Accenture (ACN) to Acquire Workday Consulting Provider DayNine
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Accenture (NYSE: ACN) has entered into an agreement to acquire DayNine, a leading global Workday consulting and deployment services provider with vast expertise in helping organizations transform their employee experience and financial management systems to better navigate change and drive growth. The acquisition will extend Accenture’s already strong position in Workday and provide new value for clients.
“Our clients are increasingly choosing Workday to drive their cloud transformations, so we are taking this important step to meet the growing demand,” said Paul Daugherty, chief technology officer, Accenture. “DayNine is a leading exclusive Workday partner and will bring an enviable track record and impressive team that will provide our clients even greater value and business results as they transform their organizations using Workday. I look forward to welcoming the leadership and talented professionals of DayNine to Accenture.”
Upon completion of the acquisition, approximately 400 DayNine professionals with 1,250 Workday certifications will join the existing Accenture Workday group working within the Accenture Cloud First Applications team. The combined group, which will be led by DayNine CEO and co-founder Tim Ramos, will become the largest certified workforce in the Workday ecosystem and will work across all phases of Workday deployment.
“The breadth of Accenture’s industry expertise brings incredible opportunities to customers looking to leverage the cloud for their financial management and HR transformations,” said Tim Ramos, chief executive officer and co-founder, DayNine. “We pride ourselves on delivering an industry leading customer experience helping our customers connect their people to their strategy and we are excited to join forces with Accenture to deliver a full range of transformational and deployment services for Workday customers. Our combined teams and capabilities will be able to deliver unparalleled value for customers around the globe.”
“We’re excited to see that Accenture is deepening its commitment as customer demand for Workday continues to grow,” said Aneel Bhusri, co-founder and chief executive officer, Workday. “DayNine has already built a very strong Workday practice, and we look forward to seeing how the combined capabilities of Accenture and DayNine will enable Workday customers to take full advantage of what the cloud can offer.”
DayNine, headquartered in Pleasanton, CA and with 14 additional offices across the United States, Europe, and Asia, was founded in 2009 with an exclusive focus on Workday. Since then, it has grown to be a leading global Workday Services Partner. DayNine serves clients across a wide range of industries including consumer goods, healthcare providers, pharmaceuticals, financial services, and communications, media and technology.
With the intent to acquire DayNine, Accenture continues to strengthen its position as a leading enterprise cloud services provider. The move is part of Accenture’s acquisition strategy that focuses on expanding its cloud services to bolster its Cloud First agenda, and includes the past acquisitions of Cloud Sherpas, New Energy Group, CRMWaypoint, Tquila UK and ClientHouse.
Terms of the acquisition were not disclosed. Completion of the acquisition is subject to the satisfaction of customary closing conditions.
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