Business

Accenture acquires Argentine startup Wolox to boost cloud-first and digital transformation in South America

Wolox will now integrate Accenture's Cloud First, that currently gathers 70,000 cloud professionals, and a $3 billion investment over the next three years

Agustina Fainguersch, founder and CEO of Wolox, and Sergio Kaufman, president of Accenture Argentina. Photo: Accenture/Courtesy
  • Wolox’s team of more than 280 professionals specializes in integrated services;
  • Accenture wants to enhance the global capabilities of Accenture Cloud First with this acquisition.

Accenture has acquired Wolox, a leading Argentine cloud-native and agile development startup that provides digital solutions. Founded in 2012, Wolox’s team of more than 280 professionals specializes in integrated services that include digital business design, product creation and agile squads.

Agustina Fainguersch, Wolox founder and CEO, said in a press statement that “the combination of Accenture and Wolox is a great opportunity for our teams and clients. This is our moment to help clients solve their most pressing challenges by leveraging the cloud and cutting-edge technologies.”

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“The acquisition of Wolox brings differentiated skills to Accenture, as the team uniquely blends cloud native development with design and state-of-the-art technologies for business transformation,” said Karthik Narain, global lead for Accenture Cloud First, in a press statement.

“Wolox has multidisciplinary teams of industry and business experts, UX/UI designers, software designers, architects and engineers and, together, we’re now more equipped to help clients tap into the technology expertise and human ingenuity that powers how Accenture innovates.”

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With this acquisition, Accenture wants to enhance the global capabilities of Accenture Cloud First, a multi-service group providing a full stack of cloud services to help clients across every industry accelerate their digital transformation.

Accenture Cloud First gathers 70,000 cloud professionals, and a $3 billion investment over the next three years. “By pairing Accenture’s global expertise with Wolox’s regional talent and capabilities, this acquisition strengthens our ability to help clients accelerate business transformation using cloud technologies and deliver measurable business value,” said Sergio Kaufman, president of Accenture Argentina and Hispanic South America.

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“We will integrate Wolox across Accenture’s services, including Strategy & Consulting, Interactive, Technology and Operations, enabling us to deliver 360 degree value for our clients, people, shareholders, partners and communities.”

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