Accenture today announced the acquisition of Northstream, a Stockholm-based consultancy to communications service providers (CSPs) and networking services vendors.
Northstream, founded in Stockholm in 1998, is assisting CSPs to develop new and innovative business models by identifying industry shifts, adapt to market changes, and capitalize on new business and technology opportunities.
The acquisition will expand Accenture’s capabilities in the Nordic region to address CSP demand for network consulting programs around 5G deployment and IoT connectivity, as well as large transformational programs that may include telco network cloud deployments and operating model transformations.
Northstream’s team of 30 professionals will join Accenture’s Communications, Media & Technology (CMT) operating group and will augment its Communications and Media Industry Consulting capability.
“With Northstream now part of Accenture, we’re in a stronger position to provide innovation led services to address the challenges — including digital-driven disruption, changing customer expectations, and competition from new digital natives,” said Mattias Lewren, Nordic CMT lead and Sweden Country Managing Director, Accenture.