Nell’Armonia will enhance Accenture's ability to address clients’ needs for analytics-based insights to support finance and end-to-end enterprise planning.
Accenture Federal acquires McLean analytics firm Novetta - Washington Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
By Ross Wilkers
Jun 01, 2021
Accenture’s subsidiary focused on the U.S. government market has agreed to acquire Novetta in an effort to add more work with federal agencies in areas such as machine learning, cybersecurity and cloud engineering.
Terms of the transaction announced Tuesday were undisclosed, but Accenture Federal Services said its workforce will grow to approximately 12,000 employees with the addition of 1,300 staffers of Novetta.
In a Jan. 25 report on Novetta, credit ratings agency Moody’s Investors Service estimated revenue at slightly above $335 million for the 12-month period ended Sept. 30, 2020 and a double-digit EBITDA margin (earnings before interest, taxes, depreciation and amortization).
Atlantic Council releases landmark recommendations on the geopolitical impacts of new technologies Press Release
Findings based on study groups of US government officials and senior figures in tech industry
WASHINGTON, DC – MAY 26, 2021 – The Atlantic Council’s bipartisan
Commission on the Geopolitical Impacts of New Technologies and Data today released a landmark report proposing recommendations for the US government and like-minded allies on global technology and data development policy.
The report’s recommendations are designed to maintain US and allied leadership in science and technology; ensure the trustworthiness and resilience of physical and IT supply chains, infrastructures, and the digital economy at large; improve global health protection; assure commercial space operations for public benefit; and create a digitally fluent and resilient workforce.