Accenture has agreed to acquire umlaut (formerly P3 Group), an engineering consulting and services firm headquartered in Aachen, Germany.
The move will significantly scale Accenture’s deep engineering capabilities to help companies use digital technologies like cloud, artificial intelligence, and 5G to transform how they design, engineer and manufacture their products as well as embed sustainability.
The acquisition of umlaut will add more than 4,200 industry-leading engineers and consultants across 17 countries to Accenture’s Industry X services, and expand the company’s capabilities across a range of industries, including automotive, aerospace & defense, telecommunications, energy and utilities.
Umlaut’s capabilities span traditional and digital engineering services; testing and validation of smart connected products; strategy, process and organizational consulting; and hardware product development as well as software development. Umlaut will be next in a series of 22 acquisitions Accenture has made since 2017 to build its Industry X capabilities.
Julie Sweet, chief executive officer, Accenture
We predicted that digital would ultimately be applied at scale to the core of a company’s business – the design, engineering and manufacturing of their products. And, for nearly a decade Accenture has been building the unique capabilities and ecosystem partnerships to combine the power of digital with traditional engineering services.
Marc Peter Althoff, chief technology officer, umlaut
We are excited to bring our unique engineering and consulting culture, deep industry know-how and subject matter expertise to Accenture Industry X and jointly create the capabilities and scale to help clients successfully transform.
