Accenture Federal Services Raises Funding to Acquire Cognosante and Enhance Digital Transformation for Federal Agencies

Accenture Federal Services to Acquire Cognosante

Key Highlights:

• Acquisition: Accenture Federal Services, a subsidiary of Accenture, is set to acquire Cognosante, a provider of digital transformation and cloud modernization solutions for federal agencies.
• Target Market: Cognosante specializes in serving federal health, defense, intelligence, and civilian agencies.
• Technology Expertise: Cognosante brings technology expertise, cloud modernization capabilities, and program management experience to Accenture Federal Services.

Accenture Federal Services' Target Market

• US Federal Government: Providing digital solutions and services to federal agencies, including healthcare programs and defense and intelligence sectors.
• Government Healthcare Programs: Supporting veterans, active-duty military, patients, beneficiaries, providers, and payors with innovative technology solutions.
• Government Digital Transformation: Assisting federal agencies in achieving greater outcomes and building agile, smart, and secure digital cores.

What Accenture Federal Services Needs to Buy

• Technology Solutions Providers: Acquiring companies specializing in digital transformation, cloud modernization, and program management for federal agencies.
• Government Healthcare Expertise: Partnerships with organizations experienced in providing technology solutions for healthcare programs and services.
• Security and Compliance Solutions: Collaborating with firms offering cybersecurity and compliance solutions tailored to the needs of federal agencies.