Accenture Acquires Innotec Security, Spain- Grounded Leading Cybersecurity Company

Accenture( NYSE ACN) has acquired Innotec Security, a intimately held company specializing in cybersecurity- as-a-service, cyber adaptability and cyber threat operation, expanding its capabilities and footmark in Spain. Innotec Security was preliminarily possessed by parent company Entelgy Group. fiscal terms weren’t bared.
innovated in 2002 and headquartered in Madrid, Spain, Innotec Security is one of the most prominent cybersecurity service providers in the Spanish request. The accession of Innotec Security which also has a presence in Barcelona, Seville and the Basque Country — will add 500 cybersecurity professionals to Accenture Security’s pool of 20,000 professionals encyclopedically, making Accenture Security one of the top managed security services( MSS) players in Spain.

Innotec Security provides a range of cybersecurity services, including trouble simulation, discovery, response and incident operation, cyber intelligence, structure and operation security, cyber threat assessment, and security consulting. The company’s guests include large associations operating in Spain across sectors similar as fiscal services, energy, logistics, healthcare, transportation and the public sector.

“ Our guests count on us to help them more cover and defend their enterprises across their entire ecosystem. Innotec Security is an excellent and well- regarded company in Spain with a largely professed cybersecurity platoon, which will significantly enhance our security footmark in the request, ” said Paolo Dal Cin, global lead of Accenture Security. “ Importantly, this accession will also expand our indigenous capabilities and coffers and help us address the growing demand we ’re seeing for managed security services across Europe. ”

The accession further expands Accenture’s capability to give guests with important- demanded cybersecurity chops and moxie. According to Accenture’sCyber-Resilient CEO report, 70 of CEOs in Spain from large associations( earnings>US$ 1 billion) are concerned about their associations ’ capability to forestall or minimize damage to the business from a cyberattack. Yet nearly two- thirds( 63) of CEOs said their associations do n’t incorporate cybersecurity into business strategies, services or products from the onset.

“ We ’re pleased to drink Innotec Security’s talented platoon to Accenture Security as we make on our established request leadership in cybersecurity services, ” said Agustín Muñoz- Grandes, who leads Accenture Security in Spain and Portugal. “ With the accession of Innotec Security, we’re materially expanding our presence in Spain and adding to our robust MSS capabilities and the in- demand cybersecurity chops we offer guests both locally and encyclopedically. ”

Félix Muñoz, CEO of Innotec Security said “ Our strategy has always been to deliver exceptional cybersecurity services to our guests and to be one of the stylish companies to work for. Accenture’s assiduity- concentrated approach to cyber defense and its company culture is a great fit for us. getting part of Accenture is an excellent occasion for us to deliver indeed more value to our growing customer base and we ’re agitated for the coming way on our trip together. ”

Accenture lately rankedNo. 1 in managed security services request share by profit in the Gartner ® Market Share Managed Security Services, Worldwide, 2022 report, 18 April 2023 * and was named a Leader in the rearmost Forrester Research report on European managed security service providers.

Since 2015, Accenture Security has made 19 accessions. Following its January 2020 accession of Symantec’s Cyber Security Services business Accenture came one of the leading global providers of MSS. Accenture further strengthened its cyber defense and MSS capabilities in Europe through the accession of Sentor and Openminded in 2021 and in Latin America with the accession of MNEMO Mexico, Morphus and Real cover.

Forward- Looking Statements

Except for the literal information and conversations contained herein, statements in this news release may constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words similar as “ may, ” “ will, ” “ should, ” “ probably, ” “ anticipates, ” “ aspires, ” “ expects, ” “ intends, ” “ plans, ” “ systems, ” “ believes, ” “ estimates, ” “ deposited, ” “ outlook, ” “ thing, ” “ target ” and analogous expressions are used to identify these forward- looking statements. These statements aren’t guarantees of unborn performance nor pledges that pretensions or targets will be met, and involve a number of pitfalls, misgivings and other factors that are delicate to prognosticate and could beget factual results to differ materially from those expressed or inferred. These pitfalls include, without limitation, risks that the sale might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been, and may in the future be, negatively affected by unpredictable, negative or uncertain profitable and political conditions and the goods of these conditions on the company’s guests ’ businesses and situations of business exertion; Accenture’s business depends on generating and maintaining customer demand for the company’s services and results including through the adaption and expansion of its services and results in response to ongoing changes in technology and immolations, and a significant reduction in similar demand or an incapability to respond to the evolving technological terrain could materially affect the company’s results of operations; if Accenture is unfit to match people and their chops with customer demand around the world and attract and retain professionals with strong leadership chops, the company’s business, the application rate of the company’s professionals and the company’s results of operations may be materially negatively affected; Accenture faces legal, reputational and fiscal pitfalls from any failure to cover customer and/ or company data from security incidents or cyberattacks; the requests in which Accenture operates are largely competitive, and Accenture might not be suitable to contend effectively; Accenture’s capability to attract and retain business and workers may depend on its character in the business; if Accenture doesn’t successfully manage and develop its connections with crucial ecosystem mates or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be negatively affected.

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