April 02, 2013
Accenture Acquires ChangeTrack Research to Bring Predictive Analytics to the Management of Complex Change Programs
NEW YORK; April 2, 2013 – To help its clients better measure and monitor the progress of their change programs, Accenture (NYSE: ACN) has acquired ChangeTrack Research Pty Ltd, a provider of analytics-based tools and services for change management. Terms of the transaction were not disclosed.
Among ChangeTrack Research’s solutions is ChangeTracking®, a patented analytics tool based on 10 years of research and advanced mathematical algorithms, that has defined successful pathways for change management. ChangeTracking® collects data on people and processes associated with a change program, benchmarks progress and uses predictive analytics to identify where corrective action is needed. The acquisition complements Accenture’s suite of methods, tools and capabilities to help its clients achieve the goals of their most significant organizational transformations.
“Organizations often struggle to implement change programs on time and on budget as markets evolve at an accelerating pace,” said David Smith, senior managing director –Accenture Talent & Organization. ”ChangeTrack Research’s insight-driven tools will enhance our ability to help our clients manage change with greater precision and more predictable results.”
“This acquisition brings together the powerful combination of ChangeTrack Research’s analytical approaches to managing change with Accenture’s deep expertise delivering large-scale transformation programs for global clients,” said Warren Parry, CEO – ChangeTrack Research.
ChangeTrack Research is headquartered in Sydney, Australia.
About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with approximately 261,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is www.accenture.com.
About ChangeTrack Research
ChangeTrack Research is a provider of analytics-based tools and services to track and measure enterprise-wide transformational change programs. Based on 10 years of research and advanced mathematical algorithms, the company’s ChangeTracking® is a patented analytical tool that has defined successful pathways for change from a database of over 600,000 change journeys. ChangeTracking enables leaders of global organizations to see whether change programs are on track and take the corrective actions required to keep them on track. Based in Sydney, Australia, its home page is www.changetracking.com.
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