Global professional services providing company Accenture announces that it has acquired Argentina-based information technology company Ergo to expand its data and artificial intelligence capabilities.
Neither company revealed any information regarding the valuation of this recently signed acquisition deal. As a part of the acquisition, Ergo’s team of 200 data experts will join Accenture Cloud First’s Data & AI division.
Accenture’s Cloud First capabilities will be expanded to support data-driven transformations for clients in the Hispanic South American market, including Argentina, Chile, and Colombia.
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Global Lead for Accenture Cloud First, Karthik Narain, said, “Almost every day, 2.5 quintillion bytes of data are created by humans and machines across the cloud continuum at the edge, on the internet, and in data centers. Cloud is the place where all this data gains accessibility and scale. Cloud’s advanced data & AI tools empower companies to transform data into intellectual capital like never before.”
He further added that Accenture would provide more resources to help clients acquire insights into where to focus their transformation for the most value and how data may support improved decision-making during the transformation process due to its acquisition of Ergo.
Argentinian data-centered business Ergo was founded in 2004. The firm specializes in integrating data and AI across the enterprise and creates a trusted single source of insights by combining technology expertise and customer-focused advice. Ergo uses human-centric design principles to provide data solutions that help businesses make better decisions.
“Joining the Accenture Cloud First team will enable us to scale our data-led experience for major worldwide clients to achieve better business outcomes, faster – from improving how they work, how they serve customers, and how they differentiate through new products and services,” said CEO of Ergo, Ariel Güelmos.