Professional services company Accenture has acquired product lifecycle management firm PLM Systems.
“Digital technologies like artificial intelligence are taking product lifecycle management to a new level. This offers industrial companies a huge opportunity to transform a core business function – engineering. PLM Systems’ expertise and experience in product lifecycle management will allow us to help clients make the best use of their product data.”
Nigel Stacey, MD and Global Lead of Accenture Industry X.0
The deal follows a long line of firms that have been recently acquired by Accenture as they target high growth areas to continue expanding their service offerings.