Xoomworks

Xoomworks manages two separate businesses: Xoomworks Procurement, a consulting company specializing in supply and procurement transformation, and Xoomworks Technology, a software development business that collaborates with customers from different industries to help them quickly innovate and scale digital solutions that create value, as well as solve complex business tasks. 

History

2021: Accenture bought Xoomworks

In mid-October 2021, Accenture acquired the consulting company Xoomworks Group. The financial terms of the transaction are not disclosed.

The acquisition will enhance Accenture's ability to help customers accelerate the technological transformation of business and procurement. As part of the deal, the Xoomworks team, which consists of more than 250 professionals, will join various Accenture units in the UK, France, Germany, Romania, Bulgaria, Denmark and Sweden.

Accenture acquired Xoomworks

Accenture is managed by Xoomworks Technology and Xoomworks Procurement. The first will provide the company with extensive expertise in software development, user interfaces, data engineering, product innovation, and cloud integration. Xoomworks Procurement offers proprietary methodologies and solutions for implementing the full procurement lifecycle, data-driven cost management, and change management.

Xoomworks co-founder and CEO Malcolm Clark noted:

When we founded Xoomworks 21 years ago, we set ourselves the task of creating technological innovations to solve specific business tasks and achieve high-performance results with an emphasis on building relationships with customers based on trust. We did exactly that. The world has changed radically over the past two decades. By bringing together our expertise, capabilities and knowledge, as well as a shared vision for the future, we know that we can achieve even greater influence within Accenture.[1]

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