Accenture highlighted expected gains in its design and implementation capabilities for digital products through an acquisition of Japan-based specialist Yumemi.
The professional services company explained the Yumemi acquisition would improve its client services by adding to its existing data analytics and generative AI expertise.
Accenture stated Yumemi had implemented a host of digital products for more than 600 companies in its 25-year history and brings an attractive team structure which offers benefits in terms of the velocity of development and launches.
Yumemi’s staff of around 400 people will become part of the consultancy’s technology creative group Accenture Song.
Accenture predicted revenue from digital products in Japan alone would experience a CAGR of 9.6 per cent by 2028, with the broader global market expected to generate $175.5 billion at that point.
But it argued greater expertise is required because of fragmentation in clients’ “design, development and operational phases”.
Yumemi CEO Toshiyuki Kataoka pointed to close alignment between the companies’ strategy and approaches, tipping the tie-up to deliver “groundbreaking digital services” which “will transform industry norms”.
Accenture declined to provide terms of the deal, stating only closing is subject to customary conditions.