On Tuesday, infrastructure services company Infroneer Holdings and Accenture (NYSE:ACN) announced an agreement to establish a joint venture (JV), Infroneer Strategy & Innovation, to resolve key issues and promote innovation for the safe and efficient construction and operation of infrastructure in Japan.

Infroneer HD owns 81% of the JV, and Accenture has 19%. The companies will establish the JV on April 1, 2025, with ~100 employees.

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The JV plans to lead in addressing Japan’s aging infrastructure--including roads, airports, water supply and sewage systems, public facilities, and labor shortages--by applying advanced digital technologies, including AI, across the Infroneer group.

It will accelerate the adoption of data-driven models – from optimizing IT operating costs and making strategic IT investments at the management level – to improving productivity at construction and infrastructure operation sites.

Accenture’s other endeavors in Japan: Last May, Accenture agreed to acquire Openstream Holdings and its subsidiaries, Open Stream and Neutral, in Japan, adding ~1,000 cloud and other digital experts to Accenture’s cloud and digital engineering and manufacturing teams. 

The development will also bring a strong client portfolio and automation solutions for Accenture’s entire product value chain, from procurement and manufacturing processes to logistics and after-sales service.

In 2023, Accenture acquired an integrated marketing firm, SIGNAL, and added 100 industry experts to its marketing operations team in Japan to enhance the experience across all channels and boost marketing investments.

Price Action: ACN stock is up by 0.50% to $389.50 at the last check on Wednesday.

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