The group acquired the Hypo data center – tirol.ORF.at

Accenture is an international consulting and technology group with nearly 700,000 employees worldwide. He will manage the ARZ public data center and with 450 employees in Innsbruck. Among other things, ARZ operates the data center for Tiroler Hypo and is the IT service provider for Landesbank.

Job and site guarantee

The tentative agreement for the acquisition was announced on Wednesday. The date of the acquisition and the financial size were not announced. According to Hypobank, banking confidentiality and data protection remain fully guaranteed. They say Accenture will expand Innsbruck as an IT location. This opens up new training and employment opportunities for ARZ employees, according to Hypo Board Member, Johannes Haid. There must be a guarantee of the work and location of the employees.

Details have not yet been clarified

Hypo also said that the decision to acquire the company was taken jointly by all shareholders and was positively accepted. After the first contract is signed, there are still details to be clarified in the coming weeks before the final takeover.

Hypo said in a statement to ORF Tirol.

Cloud based view

Roland Smertnig of Accenture says the vision is to develop an innovative cloud-based banking platform as a service for new and existing clients across Europe. By acquiring ARZ, we are investing in digital transformation that will help us shape the banks of the future. They are increasingly moving their core functions to the cloud in order to enable new business models and reinvent themselves.”

His colleague Michael Zettel confirms that the acquisition will expand the team in Austria and that a comprehensive competency center for clients in Austria and throughout Europe will be established at the Innsbruck site. “The ARZ team has the experience and knowledge to grow together and perfectly meet the needs of our banking clients now and into the future.”