This morning’s news in the UK’s leading IT publication, The Register, announced that Oracle has hired specialists to conduct due diligence on synergies and impacts of Oracle acquiring Accenture. Obviously, the feasibility study is at an early stage, and neither of the giant companies is commenting on the news… and it might not happen. But what if it does?
Here’s my take on what this potential acquisition signals in the digital world for software and services competitors and for Oracle and Accenture customers:
Why would the two firms be interested in this bold move?
Obviously if the leading software firm and the leading services firm were to combine, it would have an enormous impact on both industries, no matter their intent. But in pairing the two giants, both Accenture and Oracle would demonstrate that they recognize the need to accelerate their shift into digital business models.