Accenture (NYSE: ACN) and Diebold Nixdorf (NYSE:DBD), a global leader in services, software and hardware for the banking and retail industries, announced today the companies have agreed to extend their strategic relationship to accelerate Diebold Nixdorf's multiyear digital and cloud transformation program, which includes streamlining its finance, human resources, IT and sales systems.
The companies' collaboration will unlock approximately $50 million of incremental savings for Diebold Nixdorf through 2023 while improving business productivity, consolidating operations and performance and enabling investment in innovation and growth opportunities. The accelerated program will leverage digital automation tools and empower a more agile and customer-focused workforce. Diebold Nixdorf's corporate IT systems will be migrated to the cloud, and improvements will be made to the global processes and applications for the company's 22,000 employees across more than 100 countries.
"Partnering with Accenture enables us to meaningfully accelerate our digital roadmap and DN Now transformation program," said Gerrard Schmid, Diebold Nixdorf's president and chief executive officer. "Automation, improved applications and more agile processes will not only provide better operational performance, but also an enhanced customer experience through new services and solutions."
According to research from Accenture, leaders in adopting the latest technologies, including digital and cloud, are unlocking trapped value and see more than two times the revenue growth than those who do not.
"In this period of great uncertainty, leaders are seeking ways to reinvent their businesses and build operational agility in order to respond to the unpredictable," said Jimmy Etheredge, Accenture's CEO for North America. "Diebold Nixdorf's bold steps today will help the company continue to innovate, to drive business performance and value. We are pleased to partner with Diebold Nixdorf to realize its vision."
The agreement between Diebold Nixdorf and Accenture is a continuation of the companies' long-standing relationship to drive and deliver business transformation across Diebold Nixdorf.