Accenture Bolsters Retail Technology Capabilities with Logic Acquisition
Accenture has announced its acquisition of Logic, a retail technology services firm. This acquisition is expected to expand Accenture’s capabilities in the retail sector, potentially enabling them to offer more comprehensive solutions to their clients. Logic is known for assisting retailers in enhancing customer loyalty, increasing revenue, and improving operational agility through technological innovations.
The integration of Logic’s expertise is anticipated to bolster Accenture’s ability to support technology-driven transformations for retailers. Logic brings to the table decades of experience in tackling retail disruptions and advancing technological applications, including artificial intelligence and generative AI.
Founded in 1997 and headquartered in Minneapolis, Logic operates across 11 countries and serves over 150 retailers globally. This acquisition by Accenture aims to extend Logic’s reach and accelerate its objectives, potentially providing greater value to their clients and offering new opportunities for its team.
Accenture’s acquisition highlights their strategic focus on enhancing their technological offerings within the retail industry, reflecting an ongoing trend where digital technology plays a central role in business strategies across various sectors.