Accenture acquires tech consultancy Fairway Technologies
Accenture has acquired Fairway Technologies, a strategy and technology consultancy headquartered in San Diego. The move bolsters Accenture’s product and platform engineering services practice.
Founded in 2002, Fairway Technologies delivers consulting services in software development, experience design, delivery leadership, and data and analytics. The firm’s more than 80 consultants help clients digitally transform – from creating a new, interactive website for Cinepolis Luxury Cinemas to automating a network management system for smart grid provider Sensus.
The company’s high-profile clientele has included Netflix, Intuit, PayPal, and AT&T. Fairway has offices in San Diego, Irvine, CA, and Austin.
The addition of Fairway will further strengthen Accenture’s product and platform engineering services practice, which helps clients manage and innovate software-based platforms. The 8,000-person-strong practice grew out of the development of Accenture’s own commercial software and platforms.
“This acquisition will help Accenture continue to make next-generation platform technology a reality for our clients,” said Ram Ramalingam, managing director of Accenture’s product and platform engineering services practice. “We turn innovative ideas into business differentiation, building products and platforms that create the right level of engagement and personalization with customers and ecosystem partners to help organizations thrive in the digital era.”
Brett Humphrey, CEO of Fairway Technologies, added, “With digital platforms becoming a foundation for organizations to create new products and services, Accenture's Product and Platform Engineering Services practice and Fairway Technologies will work together to help companies disrupt and build competitive advantage in the platform economy.”
The practice delivers services in core platform, software product, and device engineering, as well as platform enablement services. It has shipped 1.6 billion connected devices with Accenture-built software, and delivers $1 billion in licensed software every year. Analyst firm Zinnov has ranked Accenture as the leading provider of product and platform engineering services for three years running.
