Accenture Expands Capabilities and Talent in AI-powered Supply Chain, Cloud and Data Science

Accenture (NYSE: ACN) has acquired Core Compete, a cloud analytics companies agency headquartered in Durham, North Carolina, with further workplaces within the UK and India. Core Compete permits digital transformations with cloud-native options that ship synthetic intelligence (AI) and machine learning-infused enterprise outcomes, to serve a various shopper base throughout the US and UK, with explicit deal with provide chain, retail and monetary companies. Terms of the transaction weren’t disclosed.

Founded in 2012, Core Compete’s staff of greater than 260 professionals will be part of Accenture’s Applied Intelligence observe, strengthening how the corporate helps purchasers form and execute their cloud-based knowledge and AI methods to drive extra enterprise worth.

Powered by a deeply expert group of information science, knowledge engineering and cloud engineering consultants, nearly all of whom have abilities throughout all main cloud suppliers, Core Compete is well-positioned to satisfy a major want out there. Accenture analysis exhibits that two-thirds of CxOs are planning to extend spending on AI and over 60 p.c will make investments extra in cloud-based applied sciences.

“Over the past year we’ve seen cloud adoption increase, enabling organizations to unlock the enterprise value from data and AI strategy at speed,” stated Sanjeev Vohra, international lead for Accenture 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.”

“We have always seen the power of cloud analytics and are proud of the client transformations we’ve led over the past nine years,” stated Shiva Kommareddi, managing associate, Core Compete. “Accenture’s investment in cloud 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.”

This acquisition builds on Accenture’s rising analytics, knowledge and AI enterprise world wide, with the acquisitions of 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.

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