Accenture Bolsters New Security Practice With Acquisition of 130-Person Security Solution Provider

Accenture struck a deal today to acquire Melbourne, Australia-based security services company Redcore, continuing to build up its new security practice by expanding it’s capabilities around government defense and internet of things (IoT) technology.

“We are buying Redcore, which is a very good boutique [security solutions provider] in the marketplace,” Kelly Bissell, global managing director for Accenture Security, told CRN. “What we are after is a really important capability that they have around their (Government) defense area in Australia, as well as an IoT technology that I want to be able to leverage throughout the entire globe.”

He said the acquisition is being made, in large part, for Accenture to increase the work it does with the Australian Federal government. It will also help Accenture continue to build out its security capabilities in manufacturing, medical and automotive IoT as it continues to create an end-to-end IoT solution for clients in those industries.

[Related: Accenture Bulks Up New Security Unit By Scooping Up Israeli Firm]

According to Bissell, Redcore’s experience deploying large-scale cybersecurity solutions – which the company has done for major Australian banks and government agencies – will help Accenture expand its work with the Australian government.

“After this acquisition, I think we will have the largest security practice in Australia by a pretty big margin,” he said.  

That size, he said, will not only help Accenture win more business with the Australian government, but also allow the company to focus on developing end-to-end security solutions for manufacturing, medical and automotive companies that work with IoT.

Currently, companies focus on securing their headquarters IT, he said. But with a client like a medical building or an oil rig, security threats exist across all aspects of the business.

For that reason, he said, Accenture is taking the competencies and technologies that Redcore has built and using them to implement new solutions that can secure a client from the ground up.

 “With Accenture’s extensive global security resources, its methodologies and its interdisciplinary security ecosystem of innovators from across the world, we will be able to rapidly advance Redcore’s capabilities and innovate leading-edge solutions for clients, as well as provide excellent opportunities and career paths for our employees,” Joseph Failla, co-founder of Redcore, said in a prepared statement.

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