Accenture Has Acquired Knowledge Rules
Accenture has acquired Knowledge Rules, Inc., a consulting company.
Knowledge Rules is a Philadelphia-based company that has focus exclusively on implementing and integrating business solutions using Pegasystems’ Business Process Management (BPM) software.
BPM is a software that is aimed at optimizing the day to day execution of operations of a company by providing governance and structure for managing and optimizing the company’s activities and processes and linking strategy, people and the enabling technology.
The financial terms on which the deal was done has not been revealed by any of the parties.
The acquisition deal reflects the growing importance and adoption of Pegasystems SmartBPM products by Fortune 500 companies and the increased need for reusable, proven process methodologies for efficient and rapid implementations.
Paul Daugherty, who is Accenture’s chief technology architect, agreed that Pegasystems is one of the fastest-growing software providers and is a recognized leader in the automation of BPM-based solutions.
Daugherty also said that the acquisition will increase Accenture’s capacity “to implement Pegasystems-based solutions, and will enable us to train and develop more people, more quickly”.
Ron Rock, who is the CEO of Knowledge Rules, said that his company’s unique ability of offering a blend of proven assessment, implementation and Pegasystems management services when combined with Accenture’s world-class resources, capabilities and relationships will lead to a creation of a strategic global delivery model “that will delight customers and employees of both organizations”.
Accenture has worked closely with Knowledge Rules and the acquisition is being expected by the industry to bring in together a group of talented people committed to client success.
Alan Trefler, who is the CEO of Pegasystems, said in a statement: “We are excited that Accenture is demonstrating its commitment to Pegasystems customers by making such an important investment.”