Accenture continues cloud drive with CS Technology acquisition
In its fourth Australian deal this year, Accenture has acquired cloud infrastructure services provider CS Technology.
The deal is part of Accenture’s global Cloud First strategy, which is seeing the global consulting and technology giant pump $3 billion into its cloud division over the next three years. Much of the funds are channelled towards acquisitions and bolt-ons, including the recent purchases of Industrie&Co in Australia, Linkbynet in France, and Cygni in Sweden.
“A large number of Australian organisations urgently need to address how they exit the data centre and move their business to cloud if they achieve growth and remain competitive,” said Matt Coates, Cloud First Lead at Accenture Australia & New Zealand. “We are therefore particularly thrilled to be welcoming the highly experienced and talented CS Technology engineers to our local Cloud First team.”
Established in 1992, CS Technology is a cloud infrastructure firm specialised in the domains of data centre, cloud, digital engineering and modern workplace. The firm has 100 employees working from offices in Sydney and Melbourne in Australia, New York in the US, and London in the UK.
“The acquisition of CS Technology expands the hybrid cloud infrastructure capabilities our clients need to become cloud-first enterprises and realise value faster,” said Karthik Narain, global lead of Accenture Cloud First.
For CS Technology, joining the global consulting and technology powerhouse “will elevate our position as trusted advisors to our largest clients. Our deep specialisation and experience will be magnified through this acquisition and will enable us to better deliver on our clients’ complex cloud, data centre, workplace and operating challenges,” said John Rosato, chief executive officer of CS Technology.
In Australia, CS Technology has been led by managing director Simon Abela for the past ten years.