New York: Accenture this week acquired ChangeTrack Research Pty Ltd, an Australian specialist in 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.
Accenture says the acquisition complements its existing 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 of ChangeTrack Research.
ChangeTrack Research is headquartered in Sydney.