Accenture buys cloud analytics agency Core Compete for undisclosed sum

stated Wednesday it has acquired Core Compete, a analytics companies agency headquartered in Durham, North Carolina, with extra workplaces within the UK and India.

Core Compete allows digital transformations with cloud-native options that ship synthetic intelligence (AI) and machine learning-based enterprise outcomes. It has shoppers primarily based throughout the US and UK, with specific deal with provide chain, retail and monetary companies.

didn’t disclose the phrases of the transaction.

Founded in 2012, Core Compete’s workforce of over 260 will be part of Accenture’s Applied Intelligence apply, strengthening how the corporate helps shoppers form and execute their cloud-based knowledge and AI methods to drive extra enterprise worth.

“Accenture’s investment in and focus on AI as an exponential source of value is exactly what we need to help broaden our impact across new markets and industries and deepen our impact with clients,” stated Shiva Kommareddi, managing accomplice, Core Compete.

This is Accenture’s eighth Applied Intelligence-led acquisition previously two years, constructing on Accenture’s rising analytics, knowledge and AI enterprise all over the world.

Prior acquisitions embody Analyticseight in Australia, Pragsis Bidoop in Spain, Mudano within the UK, Byte Prophecy in India, Sentelis in France, and Clarity Insights and End-to-End Analytics within the US.

“Over the past year we’ve seen adoption increase, enabling organizations to unlock the enterprise value from data and AI strategy at speed,” stated Sanjeev Vohra, world lead for Applied Intelligence. “Core Compete’s approach to cloud analytics transformation helps us further accelerate time to value for our clients, giving them the right tools, strategy and talent to reap the full benefits of being data-driven,” he added.

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