Friday, April 19, 2024
HomeNewsAccenture to Acquire BRIDGEi2i, Aiming to Expand Capabilities in Data Science, ML...

Accenture to Acquire BRIDGEi2i, Aiming to Expand Capabilities in Data Science, ML and AI-Powered Insights

This acquisition is likely to add more than 800 deeply skilled professionals to Accenture’s Applied Intelligence practice.

Accenture, a global professional services firm, has agreed to acquire BRIDGEi2i, a leader in artificial intelligence (AI) and analytics. The acquisition is expected to bring more than 800 highly talented individuals to Accenture’s Applied Intelligence practice, reinforcing and scaling up the firm’s global capabilities in data science, machine learning, and AI-powered insights. The transaction’s financial specifics are being kept under wraps.

Sanjeev Vohra, global lead for Accenture Applied Intelligence explains the COVID-19 pandemic has made AI a core component of corporate success, with scaled investments allowing businesses to prosper by focussing on growth during one of the most disruptive periods in their history. Sanjeev reveals, “In this rapidly evolving space, constantly building new capabilities is key, and we believe that BRIDGEi2i will further enhance our AI skills and data science capabilities to strengthen how our global network delivers value for clients”.

By integrating data engineering, advanced analytics, proprietary AI accelerators, and consulting services, BRIDGEi2i excels in data-driven digital transformation for organizations across sectors and worldwide marketplaces since 2011. BRIDGEi2i helps companies interpret data, produce actionable insights from difficult business challenges, and make data-driven choices across pan-enterprise processes to deliver sustainable business impact. It also assists businesses in gaining insights for faster and more accurate decision-making, resulting in a faster time to value.

According to Accenture data, companies who increase their investments in technologies like AI and cloud are increasing revenue at five times the rate of those that do not.

Read More: Xiaomi Acquires Deepmotion to Strengthen its Autonomous Driving Technology Plans

BRIDGEi2i is thrilled to join Accenture, according to Prithvijit Roy, chief executive officer, and co-founder. “We feel that our people and approach will complement their capabilities and help us scale up our impact across industries,” he says.

Accenture’s growing analytics, data, and AI business will benefit from this acquisition, which joins the acquisitions of Analytics8 in Australia, Pragsis Bidoop in Spain, Mudano in the UK, Byte Prophecy in India, Sentelis in France, and Clarity Insights, End-to-End Analytics, and Core Compete in the United States.

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Preetipadma K
Preetipadma K
Preeti is an Artificial Intelligence aficionado and a geek at heart. When she is not busy reading about the latest tech stories, she will be binge-watching Netflix or F1 races!


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