Accenture (NYSE: ACN) has been named a Leader in Gartner’s 2020 “Magic Quadrant for Oracle Cloud Applications Services, Worldwide,” marking the second consecutive year that Accenture has been recognized as a Leader in the global research and advisory firm’s annual assessment of Oracle Cloud Applications (OCA) service providers.
According to the report, “Through 2022, the cloud-related IT services market was expected to grow at a five-year compound annual growth rate (CAGR) of 20.5%.” Gartner goes on to add that, “It is too early to say just what the impact of COVID-19 will be. However, the expectation is that the move to OCA will continue to accelerate, perhaps even faster, as organizations take decisive action to become more resilient and to reduce operating costs.”
“By bringing together innovation, intelligence and industry knowledge into a single purpose-built platform for Oracle Cloud, the Accenture MyConcerto for Oracle offering helps clients around the world harness Oracle Cloud Applications for superior business outcomes,” said Phillip Hazen, senior managing director, Intelligent Platform Services at Accenture. “We believe our consecutive recognition by Gartner underscores our holistic strategy, as well as our successful cloud deployments at scale.”
According to Gartner, “The best vendors start with and justify the cloud journey to the business leaders, with a focus on innovation. Value is based on not only reducing the technology delivery cost, but also creating new customers or revenue streams or gaining business operational efficiencies. Using managed services is not only ‘keeping the lights on,’ but also driving yet more business value through the incorporation and use of continuous updates.”
For this report, Gartner evaluated 19 service providers based on completeness of vision and ability to execute worldwide. Oracle Cloud Applications service modules cover: customer experience (CX), enterprise performance management (EPM), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM).
Accenture has unmatched global expertise across a full range of Oracle Solutions with thousands of Oracle-skilled consultants around the world who help accelerate digital transformation by implementing Oracle-based business solutions and new business processes that develop and evolve as their digital business grows. Accenture has teamed with Oracle for over 25 years and is a Global Cloud Elite-level member in Oracle PartnerNetwork. For more information on the Accenture and Oracle relationship, please visit www.accenture.com/oracle.