Accenture Plans to Acquire Maryville Consulting Group to Strengthen Product Operations
Accenture Acquires Maryville Consulting Group to Boost Technology Strategy and Digital Transformation Capabilities
Accenture, the global professional services company, has announced its acquisition of Maryville Consulting Group, a US-based tech consultancy based in St. Louis. Founded in 1994, Maryville Consulting Group has over 100 professionals and a rich history of more than 30 years of growth and success.
The leaders of Maryville Consulting Group express excitement about this new partnership, viewing it as a natural evolution for their firm. Keith Boone, the Tech Strategy & Advisory Americas lead at Accenture, shares this sentiment, stating, "We are thrilled to welcome Maryville Consulting Group to Accenture. Their deep expertise in technology strategy and digital operations will significantly enhance our ability to help clients leverage technology as a competitive advantage."
The acquisition specifically enhances Accenture's capabilities in technology strategy and digital transformation. Maryville's proprietary Product Model framework aids organizations in adopting the right processes, governance, funding models, roles, and performance measurements to drive technology transformation effectively. This focus on product-driven growth strategy will enable Accenture to deliver more integrated, product-oriented, and financially governed digital transformations for its clients.
Moreover, Maryville's expertise in digitizing value streams by engaging key consumers and business partners will accelerate business outcomes through process redesign, enterprise alignment, platform design, implementation, integration, and orchestration. This will strengthen Accenture's digital operations capabilities.
The acquisition will also bolster Accenture's Technology Business Management (TBM) capabilities. TBM establishes a financial backbone for strategic execution by enabling portfolio-based budgeting and forecasting and embedding total cost of ownership into product-level profit and loss statements (P&Ls) to support real-time, data-driven business decisions.
Additionally, the acquisition will advance Accenture's Reinvention and Product Operations. Maryville's team, led by managing directors Jeff Blomker and Joey Blomker, will expand Accenture's capacity to help clients align technology investments with strategic business outcomes and drive digital transformation at scale.
Maryville's existing technology partnerships with vendors such as ServiceNow and Apptio will further strengthen Accenture’s ability to leverage key industry platforms in technology strategy execution. With this acquisition, Accenture reaffirms its ongoing commitment to expanding its technology and digital transformation capabilities.
The founders of Maryville Consulting Group, Joe Blomker, laid a foundation anchored in integrity, curiosity, and commitment to client outcomes. This ethos, combined with Accenture's global platform and deep capabilities, promises to deliver substantial benefits to Maryville's clients. After the acquisition, Maryville Consulting Group will become part of Accenture North America.
This partnership between Accenture and Maryville Consulting Group will allow Maryville to scale its mission of aligning technology with business outcomes. The leaders of Maryville Consulting Group are proud of their firm's hands-on, outcome-driven service and are confident that their clients will reap the benefits of this new partnership.
- The acquisition of Maryville Consulting Group by Accenture will significantly boost Accenture's capabilities in finance, as the deal will advance Accenture's Technology Business Management (TBM) capabilities, establishing a financial backbone for strategic execution.
- The integration of Maryville Consulting Group into Accenture North America will enhance Accenture's business strategy, particularly in technology and digital transformation, as Maryville's deep expertise in technology strategy and digital operations will enable Accenture to deliver more integrated, product-oriented, and financially governed digital transformations for its clients.
