PRESS RELEASE
MEXICO CITY and NEW YORK; Oct. 23, 2023 – Accenture (NYSE: ACN) has acquired MNEMO Mexico, a privately held firm specializing in managed cybersecurity companies. Monetary phrases weren’t disclosed.
Based in Mexico Metropolis in 2012, MNEMO Mexico has 229 cybersecurity professionals and 180 cybersecurity {industry} certifications with key ecosystem companions. The corporate’s portfolio contains superior cyber protection and response capabilities, a cyber intelligence platform powered by generative AI and different superior applied sciences and a 24/7/365 safety operations middle in Mexico Metropolis. Its shopper base spans a number of industries, together with telecommunications, banking and insurance coverage.
“The mix of MNEMO Mexico’s managed cybersecurity companies, in depth {industry} experience and powerful shopper base makes them a super companion to enrich our current capabilities. The addition of MNEMO Mexico’s workforce will assist us develop our enterprise in Mexico, develop our presence in Latin America and help our North America enterprise,” mentioned Paolo Dal Cin, who leads Accenture Safety globally. “Collectively, we are going to assist organizations construct extra cyber-resilient companies and safe their digital cores, applied sciences and provide chains.”
MNEMO Mexico’s cybersecurity professionals will be a part of Accenture Safety’s workforce of greater than 19,500 professionals globally, extending Accenture’s native assets and capabilities in Mexico / Latin America whereas addressing the rising regional demand for managed safety companies.
“The always shifting digital world is each a supply of alternative and threat, making it important to have a well-trained and proficient cybersecurity workforce,” mentioned Julian Garrido, Basic Director of MNEMO Mexico. “For greater than 20 years our purchasers have counted on us to safeguard them in opposition to damaging cyberattacks. We’re excited to hitch Accenture Safety so we will collaborate throughout industries to assist purchasers in Mexico and all over the world construct a safe future.”
Mexico constantly ranks among the many prime nations in Latin America hardest hit by cyberattacks. Moreover, a report in collaboration with the World Financial Discussion board’s World Cybersecurity Outlook 2023 and Accenture revealed that 59% of enterprise leaders and 64% of cyber leaders ranked expertise recruitment and retention as a key problem for managing cyber resilience. And fewer than half of respondents reported having the folks and expertise wanted right now to answer cyberattacks.
“We’re proud to welcome the MNEMO Mexico workforce to Accenture. Their strong cybersecurity capabilities and dedication to a collaborative work tradition are important as we glance to satisfy the rising demand for managed safety companies out there,” mentioned Andre Fleury, who leads Accenture Safety in Latin America. “We’re assured that we are going to deliver great expertise and functionality to our purchasers.”
Accenture just lately ranked No. 1 in managed safety companies (MSS) market share by income within the Gartner® Market Share: Managed Safety Companies, Worldwide, 2022 report, 18 April 2023 *. Final yr, Accenture was acknowledged as a pacesetter in strategic safety companies and MSS in Brazil by ISG.
Since 2015, Accenture Safety has made 17 acquisitions. Following its January 2020 acquisition of Symantec’s Cyber Safety Companies enterprise, Accenture turned one of many main international suppliers of MSS. Accenture additional strengthened its cyber protection and MSS capabilities in Latin America by the acquisition of Brazil-based Morphus earlier this yr and its 2021 acquisition of Actual Defend.
Ahead-Wanting Statements
Aside from the historic data and discussions contained herein, statements on this information launch could represent forward-looking statements inside the which means of the Non-public Securities Litigation Reform Act of 1995. Phrases equivalent to “could,” “will,” “ought to,” “probably,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “tasks,” “believes,” “estimates,” “positioned,” “outlook,” “aim,” “goal” and comparable expressions are used to establish these forward-looking statements. These statements will not be ensures of future efficiency nor guarantees that objectives or targets shall be met, and contain quite a few dangers, uncertainties and different components which might be tough to foretell and will trigger precise outcomes to vary materially from these expressed or implied. These dangers embrace, with out limitation, dangers that: the transaction won’t obtain the anticipated advantages for Accenture; Accenture’s outcomes of operations have been, and should sooner or later be, adversely affected by risky, unfavorable or unsure financial and political situations and the consequences of those situations on the corporate’s purchasers’ companies and ranges of enterprise exercise; Accenture’s enterprise will depend on producing and sustaining shopper demand for the corporate’s companies and options together with by the difference and enlargement of its companies and options in response to ongoing adjustments in know-how and choices, and a major discount in such demand or an lack of ability to answer the evolving technological setting might materially have an effect on the corporate’s outcomes of operations; if Accenture is unable to match folks and their expertise with shopper demand all over the world and appeal to and retain professionals with sturdy management expertise, the corporate’s enterprise, the utilization price of the corporate’s professionals and the corporate’s outcomes of operations could also be materially adversely affected; Accenture faces authorized, reputational and monetary dangers from any failure to guard shopper and/or firm information from safety incidents or cyberattacks; the markets wherein Accenture operates are extremely aggressive, and Accenture won’t have the ability to compete successfully; Accenture’s potential to draw and retain enterprise and workers could depend upon its fame within the market; if Accenture doesn’t efficiently handle and develop its relationships with key ecosystem companions or fails to anticipate and set up new alliances in new applied sciences, the corporate’s outcomes of operations may very well be adversely affected; Accenture’s profitability might materially undergo if the corporate is unable to acquire favorable pricing for its companies and options, if the corporate is unable to stay aggressive, if its cost-management methods are unsuccessful or if it experiences supply inefficiencies or fail to fulfill sure agreed-upon targets or particular service ranges; adjustments in Accenture’s stage of taxes, in addition to audits, investigations and tax proceedings, or adjustments in tax legal guidelines or of their interpretation or enforcement, might have a cloth opposed impact on the corporate’s efficient tax price, outcomes of operations, money flows and monetary situation; Accenture’s outcomes of operations may very well be materially adversely affected by fluctuations in overseas forex alternate charges; adjustments to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements might adversely have an effect on its monetary outcomes; because of Accenture’s geographically various operations and technique to proceed to develop in key markets all over the world, the corporate is extra inclined to sure dangers; if Accenture is unable to handle the organizational challenges related to its measurement, the corporate could be unable to attain its enterprise aims; Accenture won’t achieve success at buying, investing in or integrating companies, getting into into joint ventures or divesting companies; Accenture’s enterprise may very well be materially adversely affected if the corporate incurs authorized legal responsibility; Accenture’s international operations expose the corporate to quite a few and typically conflicting authorized and regulatory necessities; Accenture’s work with authorities purchasers exposes the corporate to extra dangers inherent within the authorities contracting setting; if Accenture is unable to guard or implement its mental property rights or if Accenture’s companies or options infringe upon the mental property rights of others or the corporate loses its potential to make the most of the mental property of others, its enterprise may very well be adversely affected; Accenture could also be topic to criticism and unfavorable publicity associated to its incorporation in Eire; in addition to the dangers, uncertainties and different components mentioned below the “Threat Elements” heading in Accenture plc’s most up-to-date Annual Report on Type 10-Ok and different paperwork filed with or furnished to the Securities and Change Fee. Statements on this information launch converse solely as of the date they have been made, and Accenture undertakes no responsibility to replace any forward-looking statements made on this information launch or to evolve such statements to precise outcomes or adjustments in Accenture’s expectations.
About Accenture
Accenture is a number one international skilled companies firm that helps the world’s main companies, governments and different organizations construct their digital core, optimize their operations, speed up income development and improve citizen companies—creating tangible worth at velocity and scale. We’re a talent- and innovation-led firm with roughly 733,000 folks serving purchasers in additional than 120 nations. Know-how is on the core of change right now, and we’re one of many world’s leaders in serving to drive that change, with sturdy ecosystem relationships. We mix our power in know-how and management in cloud, information and AI with unmatched {industry} expertise, practical experience and international supply functionality. We’re uniquely in a position to ship tangible outcomes due to our broad vary of companies, options and property throughout Technique & Consulting, Know-how, Operations, Trade X and Track. These capabilities, along with our tradition of shared success and dedication to creating 360° worth, allow us to assist our purchasers reinvent and construct trusted, lasting relationships. We measure our success by the 360° worth we create for our purchasers, one another, our shareholders, companions and communities. Go to us at www.accenture.com.
Accenture Safety is a number one supplier of end-to-end cybersecurity companies, together with technique, safety, resilience and industry-specific cyber companies. We deliver safety innovation, coupled with international scale and a worldwide supply functionality by our community of Cyber Fusion Facilities. Helped by our workforce of extremely expert professionals, we allow purchasers to innovate safely, construct cyber resilience and develop with confidence. Go to us at accenture.com/safety.
*Gartner, Market Share: Managed Safety Companies, Worldwide, 2022, April 2023. GARTNER is a registered trademark and repair mark of Gartner, Inc. and/or its associates within the U.S. and internationally and is used herein with permission. All rights reserved. Gartner doesn’t endorse any vendor, services or products depicted in its analysis publications, and doesn’t advise know-how customers to pick solely these distributors with the best rankings or different designation. Gartner analysis publications encompass the opinions of Gartner’s analysis group and shouldn’t be construed as statements of reality. Gartner disclaims all warranties, expressed or implied, with respect to this analysis, together with any warranties of merchantability or health for a selected objective.
