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The financial terms have been kept under wraps. Founded in , N3 features specialized sales talent across complex areas like cloud, software platforms and 5G networks, which are supported by cloud-based artificial intelligence AI and machine-learning ML technology. So far this year, shares of Accenture have gained The buyout will bring in nearly 2, employees to Accenture globally, along with AI and Cl capabilities.
The combined proficiency is likely to help clients accumulate multiple interaction points into actionable insights in order to boost sales growth. Together, they are expected to offer a differentiated, data-driven approach aimed at helping companies drive their sales growth. Notably, Manish Sharma, group chief executive at Accenture Operations, stated, "N3 provides the perfect combination of skilled talent and technology to remove barriers and better influence purchasing decisions at critical stages.
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The acquisition of Atlanta-based N3 will allow Accenture to provide its clients with a scalable, tech-enabled, and cost-efficient way to sell products into their B2B environments, said Manish Sharma, group chief executive of operations services at Dublin, Ireland-based Accenture. N3 provides its clients with resources that do not meet with their customers in-person, Sharma told CRN.
Businesses using the N3 tech-driven sales and demand generation platform can realize a faster ramp to market, increased efficiency by decreasing the cost of in-house sales support by 60 percent, a higher sales close rate, accelerated time to commercialization of new products and markets, and a consistent customer experience, he said. The N3 technology is aimed at B2B customers, Sharma said, with such target markets as software platform companies offering cloud solutions, enterprise software, and business management support; high-tech providers of enterprise networking and medical products; providers of telecom solutions, networking products and services, and IoT; sellers of industrial equipment and connected devices; and smart consumption products for utilities.
Sharma declined to say how much Accenture will pay for N3, but said the deal is expected to close in the coming months. Accenture currently has its own human-machine operating engine, SynOps, that combines data, applied intelligence, and digital technologies with talent to help organizations improve business operations and user experiences.
When the deal for N3 closes, it will be integrated with the SynOps platform, he said. Accenture will also use the technology in its own sales efforts but in a limited fashion because the solution provider is focused on selling services, not products, he said. N3 was founded in , and its customer list currently includes such leading vendors as Microsoft, Cisco, and SAP. The company has over 2, employees and locations across five continents. Joseph F. Kovar is a senior editor and reporter for the storage and the non-tech-focused channel beats for CRN.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Zacks Investment Research. Futures fell after U. Time to act, carefully, as the rally clears resistance. Tesla faces a big transition. Discover why two FAANG stocks are poised to bounce back in and beat the market with their current spring-loaded share price discounts, while another looks like a questionable idea today. You earned that money, might as well hold onto it.
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And how can an investor determine the right time to sell? Select analysts foresee triple-digit gains in the new year for these innovative, fast-paced companies. Bloomberg -- Canadian home prices fell by the most on record in , as rapidly rising interest rates forced a market adjustment that may have further to go. Dow Futures 34, Nasdaq Futures 11, N3 was founded in , and its customer list currently includes such leading vendors as Microsoft, Cisco, and SAP.
The company has over 2, employees and locations across five continents. Joseph F. Kovar is a senior editor and reporter for the storage and the non-tech-focused channel beats for CRN.
He keeps readers abreast of the latest issues related to such areas as data life-cycle, business continuity and disaster recovery, and data centers, along with related services and software, while highlighting some of the key trends that impact the IT channel overall. He can be reached at jkovar thechannelcompany.
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Accenture’s Digital Inside Sales is a modern approach to selling that helps sales leaders evolve their operation models, launch new products and services, scale globally and ultimately delight . Sep 15, · N3, part of Accenture is helping a client build a “separate but equal” sales capability to launch some new products into the market. The client told us that they view the . Oct 21, · Accenture plc ACN announced today that it has completed the acquisition of Atlanta, GA-based business-to-business (B2B) sales firm N3. The buyout brings in nearly .