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Fairway Technologies

Company

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Owners:
Accenture

Content

80 employees in 2019

Assets

Fairway Technologies is the American company which is engaged in software development and consulting services in the field of a business intelligence, cloud data storage and artificial intelligence.

History

2019: Accenture purchased Fairway Technologies

At the end of August, 2019 the service provider of consulting and IT outsourcing of Accenture announced Fairway Technologies acquisition to help the clients with management of software platforms and creation of new features with them. Financial terms of transaction of the company did not begin to open.

After accomplishment of all formalities concerning Fairway purchase, the staff of this company will work jointly with specialists of practice of Accenture Product and Platform Engineering Services that "maximize the value of platforms, scaling and improving digital platforms which provide new business models and revenue streams", the press release says.

Accenture announced Fairway Technologies acquisition
Accenture announced Fairway Technologies acquisition

Practice of Accenture Product and Platform Engineering Services is developed by more than 8 thousand specialists who help clients to develop the projects connected with economy of digital platforms. In particular, they define the strategy of work of the platform, develop, implement and support her and also an ecosystem of developers.

The Zinnov analytical company puts three years in a row Accenture in number of the leaders of the rating of service providers on development and service of platforms and the products Enterprise Software Ratings.

«
This acquisition will help Accenture and from now on to do platform technology of new generation by reality for our clients — the managing director of Accenture Product and Platform Engineering Services Ram Ramalingam said.
»

By September 10, 2019 in staff of Fairway there are about 80 specialists. The company has offices in San Diego, California and Texas.[1]

Notes