Accenture has announced an agreement to acquire Logic, a retail technology services firm known for its robust capabilities in merchandising, store operations, digital innovation, analytics, and cloud services. This move will significantly bolster Accenture’s capacity to drive technological transformations for retail clients on a global scale.
“Business disruption is intensifying and requires retailers to embrace a strategy of continuous reinvention to deliver value across every part of the business with digital technology at the core. The addition of Logic’s expertise and industry-specific skills will further enhance our ability to deliver comprehensive retail solutions and drive transformative outcomes for our clients to thrive is this dynamic marketplace,” said Jill Standish, Global Lead of Retail Industry Practice, Accenture.
Having a profound understanding of the retail sector and operational management, Logic will add approximately 800 professionals with specialized retail technology skills to Accenture Technology.
By acquiring Logic, Accenture will expand its retail capabilities, incorporating essential skills in core technologies, platforms, AI, and generative AI to drive client innovation. This strategic move highlights Accenture’s commitment to helping retailers transform with technology, allowing them to navigate the evolving retail landscape with confidence.
“For more than 25 years, our focus at Logic has been helping our retail clients move faster, innovate smarter and thrive in the face of retail disruption. Joining Accenture will enable us to expand our reach and accelerate our mission, providing even greater value to our clients and unlocking new growth opportunities for our talented team,” said Bill Szlaius, Co-Founder & CEO, Logic.
In other news, Accenture has partnered with AWS and Anthropic to enable organizations, particularly those in highly regulated sectors such as healthcare, public services, banking, and insurance, to responsibly integrate and expand customized generative artificial intelligence (AI) technology within their operations.
