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Accenture accelerates the expansion of its Product Lifecycle Management capabilities

Accenture expects to gain PLM technology skills from PCO Innovation acquisition to drive more value for clients.

PCO Innovation is a leading international consulting and systems integration group that specializes in delivering three PLM software technologies: Dassault Systèmes, PTC and Siemens PLM software. PLM helps companies organize, develop and manage new products and services throughout their lifecycle.

"For many of our clients, competitive differentiation depends on innovation and time to market, so improving their PLM solution portfolio brings significant value to their business,” said Jean-Laurent Poitou, senior managing director, Accenture. “Our research shows that PLM can get products into the market faster and more efficiently, increasing the speed of product launches by up to 55 percent and reducing operational and product development costs by 10–30 percent. PLM is also a critical lever for manufacturing companies to create profitable and sustainable business opportunities in customer service."

In 2013 and 2014, Accenture acquired PRION Group and PCO Innovation, two system integration companies specializing in the delivery of Product Lifecycle Management (PLM) services.

CIMdata is a leading analyst firm that provides information and guidance to buyers of PLM technologies and services.