Accenture to acquire DayNine to strengthen HCM

Accenture in a bet to bolster its cloud services and Cloud First agenda, has entered an agreement to acquire Pleasanton-based DayNine, a Workday consulting agency (Services Partner) that provides cloud-based human capital management and financial solutions to organizations. The acquisition also seems to be in line of Accenture’s recent buyouts including Cloud Sherpas, New Energy Group, CRMWaypoint, Tquila UK and ClientHouse. However the financial and legal details of the deal have not been disclosed yet. DayNine, in conjunction with Workday–an enterprise application provider of HRM services–offers ‘Workday services’ and its deployment to clients, the services listed are Human Capital Management (HCM), Financial Management, Payroll and Insight Analytics amongst others. DayNine’s merger with Accenture comes after the latter’s alliance with Workday, in 2008, in the field of cloud-based human resource and finance software providers. And with DayNine in its court, Accenture will potentially strengthen its position as an enterprise cloud services provider and in delivering Workday services. Paul Daugherty, Chief Technology Officer, Accenture, believes that the agreement is a step forward to meet the growing demand of clients who are increasingly choosing Workday to drive their cloud transformations.
“DayNine is a leading exclusive Workday partner and will bring an enviable track record and impressive team that will provide our clients even greater value and business results as they transform their organizations using Workday. I look forward to welcoming the leadership and talented professionals of DayNine to Accenture,” Daugherty commented.
Upon completion of the acquisition, approximately 400 DayNine professionals with over 1,250 Workday certifications will join the existing Accenture Workday group working within the Accenture Cloud First Applications team. The combined group, will be led by Ramos and will work across all phases of Workday deployment and support to emerge as ‘the largest certified workforce in the Workday ecosystem,’ said Accenture. Until the closing of customary conditions, both the companies will continue to work as standalone and separate businesses. Tim Ramos, Co-founder and CEO, DayNine, said:
“We are excited to join forces with Accenture to deliver a full range of transformational and deployment services for Workday customers. Our combined teams and capabilities will be able to deliver unparalleled value for customers around the globe.”
While Aneel Bhusri, Co-founder and CEO, Workday stated that, “we look forward to seeing how the combined capabilities of Accenture and DayNine will enable Workday customers to take full advantage of what the cloud can offer.”
“DayNine has already built a very strong Workday practice,” he added.
Founded in the year 2009, DayNine currently has its base in California with reportedly 14 additional offices across the United States, Europe, and Asia. It also vouches to serves clients across a wide range of industries including consumer goods, healthcare providers, pharmaceuticals, financial services, communications, media and technology.

Abhinav Mohapatra

An author who has a keen interest for the ‘off-beat’ <!--more-->An author who has a keen interest for the ‘off-beat’, he has covered and explored multiple facets of the marketing, advertising

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