Accenture and Shiseido Establish Joint Venture to Accelerate Shiseido's Digital Transformation.
The joint venture, called Shiseido Interactive Beauty, will include approximately 250 digital, information technology (IT) and other skilled resources from both Shiseido and Accenture. Accenture will also provide training to help the venture's employees enhance their digital skills.
Providing Shiseido with digital and innovation capabilities more quickly than Shiseido could develop on its own, the venture will also help Shiseido migrate its information technology (IT) infrastructure to the cloud, enabling Shiseido to increase the efficiency of its IT capabilities while reducing maintenance costs.
The digital transformation is part of Shiseido's new 'WIN 2023 and Beyond' corporate strategy, which is focused on promoting structural reforms and strengthening its financial base while continuing to aggressively invest in areas that will become the foundation for long-term growth, including branding, innovation, supply chain, and the future workforce.
The joint venture will use data and advanced technology to create new beauty experiences through enhanced digital marketing. Key to this effort will be leveraging consumers' browsing and purchase histories - whether via their interactions on Shiseido's digital platforms or in stores - as well as other activity such as skin or make-up diagnoses, using augmented reality and other digital technologies to propose new products and services, including personalized consultations.
'We are honored to help Shiseido accelerate its bold mission to deliver 'Beauty Innovations for a Better World' and meet the holistic needs of consumers,' said
Shiseido Interactive Beauty, which is majority-owned by Shiseido, is expected to begin operations in July.
About Accenture
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