Accenture to acquire Zielpuls, to boost Smart Products and Services for Auto Sector
Accenture announced today that it will acquire Zielpuls to boost its capabilities in the design of smart products and services for carmakers. Financial terms of the transaction are not disclosed.
Founded in 2008, Munich headquartered Zielpuls provides architecture, development, engineering and management services for complex digital products and services.
Accenture Industry X.0 is an approach to use advanced technologies to reinvent products and services from design and engineering to manufacturing and support, accelerating operational efficiency and enterprise-wide growth.
In 2019 year alone, Accenture acquired many companies including designaffairs (Germany), Pillar Technology (US) with its strong focus on embedded software development for the automotive industry, hardware engineering firm Mindtribe (US), and Enterprise System Partners (Ireland), a consulting and manufacturing services provider for the life sciences industry.
Executive Opinion
Managing director and Accenture Industry X.0 lead in ASGR, Andrew Smith, m said, “Zielpuls has started to branch out into other areas, such as medical technology, where software and data-driven services will transform the core products. Its engineering know-how and ability to orchestrate operating systems for smart products will help us build an organization that can co-create and reimagine smart connected products and services with clients from ideation through production.”Co-CEO of Zielpuls, Markus Frey, said, “We are excited to become part of Accenture Industry X.0 which will allow us to scale our services for clients, get access to the best brands in the world and capitalize on the huge market opportunity in the area of smart connected products and services.”
Accenture's Acquisition Goal for Zielpuls
Zielpuls has successfully worked on an automated car parking system and development of the architecture for driver assistance systems. Zielpuls also helped medical technology companies automate production and help implement Good Manufacturing Practices standards, notes the announcement.Technology consultancy Zielpuls will accelerate and boost the capabilities of Accenture Industry X.0 in the design of smart products and services for automotive companies. These capabilities will be later extended to the clients in the medical technology, industrial equipment, and high-tech industries.
Zielpuls will be part of Accenture Industry X.0. Zielpuls co-CEOs Markus Frey and Dr. Marc Poppner will continue to lead Zielpuls team and join Accenture as Managing Directors.
PC:zielpuls website snip
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Mandar Pise
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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.
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