Accenture acquires Openstream Holdings to drive clients’ business reinvention

abstract image of lights | OPENSTREAM HOLDINGS

Accenture has acquired Openstream Holdings and its subsidiaries, Open Stream and Neutral, to help clients reinvent their businesses with advanced digital technologies and become data-driven.

The acquisition will add approximately 1,000 cloud and other digital experts to Accenture’s cloud, digital engineering and manufacturing teams. The move is expected to strengthen Accenture’s capabilities to support clients in system and application modernization and help them adopt cloud, data, AI and IoT technologies.

Both Open Stream and Neutral will boost Accenture’s business by bringing a strong client portfolio and automation solutions for the entire product value chain, ranging from procurement and manufacturing processes to logistics and after-sales service.

Speaking of this acquisition in May, Atsushi Egawa, lead of Accenture’s business in Japan, said: “With Openstream Holdings, we can better help our clients reinvent their businesses and become truly data-driven.

“The cloud and digital expertise that Openstream Holdings, Open Stream and Neutral possess aligns perfectly with Accenture’s broad capabilities and deep experience in cloud, data and AI.

Open Stream’s and Neutral’s talent, solutions and client relationships with manufacturing and logistics companies will also strengthen our Industry X service. Our shared culture and strategy of embracing change will allow us to help Japanese companies scale faster and achieve value quicker.”

Kazuhiko Yoshihara, representative director and president of Openstream Holdings, said: “Under our group vision of ‘continuously challenging the norm,’ Openstream Holdings has been attuned to changes in society and the market, contributing to the creation of a future society enabled by advanced digital technologies.

“Recognizing the accelerated pace of digital reinvention, we aim to be a constant presence that galvanizes the industry by walking together with our clients. Accenture is a company that has realized similar ideals across industries and borders. By joining together, we can further leverage the achievements and experiences we have built in a wide range of fields and contribute to the creation of a better future society.”

By acquiring Openstream Holdings and its subsidiaries, Accenture continues to invest in its technology, digital engineering and manufacturing capabilities in Japan.