Accenture has entered into an settlement to amass BRIDGEi2i, a man-made intelligence (AI) and analytics agency headquartered in Bangalore, India, with extra workplaces within the US and Australia.
The acquisition will add greater than 800 deeply expert professionals to Accenture’s Utilized Intelligence apply, strengthening and scaling up its international capabilities in knowledge science, machine studying and AI-powered insights. The monetary phrases of the transaction should not being disclosed.
Based in 2011, BRIDGEi2i focuses on data-driven digital transformation for firms throughout industries and international markets by combining knowledge engineering, superior analytics, proprietary AI accelerators and consulting companies. It helps enterprises drive insights for quicker and extra correct decision-making, thereby enabling shorter time to worth.
Accenture analysis reveals that organizations which can be stepping up investments in applied sciences similar to AI and cloud are rising income at 5 occasions the speed of these not making these strategic investments.
“The COVID-19 pandemic has made applied sciences similar to AI core to enterprise success, with scaled investments enabling enterprises to thrive by refocusing on progress throughout probably the most disruptive time of their historical past,” stated Sanjeev Vohra, international lead for Accenture Utilized Intelligence. “On this quickly evolving house, consistently constructing new capabilities is essential, and we imagine that BRIDGEi2i will additional improve our AI expertise and knowledge science capabilities to strengthen how our international community delivers worth for purchasers.”
“The digital enterprise of the long run is being reimagined right this moment with AI. At BRIDGEi2i, we imagine in diving into the center of enterprise challenges and driving transformation in its truest sense for our purchasers by combining our AI capabilities with our digital consulting experience,” stated Prithvijit Roy, chief govt officer and co-founder, BRIDGEi2i. “We’re excited to hitch Accenture and imagine that our individuals and strategy will complement their capabilities and assist us scale up our influence throughout industries.”
This acquisition will increase Accenture’s rising analytics, knowledge and AI enterprise around the globe, becoming a member of the acquisitions of Analytics8 in Australia, Pragsis Bidoop in Spain, Mudano within the UK, Byte Prophecy in India, Sentelis in France, and Clarity Insights, Finish-to-Finish Analytics and Core Compete within the US.
Completion of the acquisition is topic to customary closing situations.