Accenture will acquire privately-held big data and analytics consultancy Analytics8 for an undisclosed amount.
Analytics8 provides data and analytics solutions to some of Australia’s largest organisations enabling them to derive enhanced insights from data, according to the company.
Accenture said the acquisition shows its continued investment in innovation and ongoing commitment to growing its capabilities in digital growth channels.
The latest acquisition follows Accenture’s June 2019 buy of cybersecurity and technology company BCT Solutions, and its December 2018 acquisition of PrimeQ, one of Australia’s and New Zealand’s Oracle software-as-a-service cloud implementation service providers.
Analytics8’s Melbourne and Sydney-based team of 70 professionals will join Accenture Applied Intelligence, which uses artificial intelligence-powered data, automation and analytics to help clients transform their businesses.
Amit Bansal, managing director, analytics delivery lead APAC & artificial intelligence delivery leader at Accenture said, “In this data-driven age, organisations are increasingly seeking to harness the power of their information for competitive advantage and to identify opportunities for revenue growth and cost reduction.
“Together we will offer a unique, AI-based approach to help clients combine data, analytics and automation at scale.”
Dr. Athina Kanioura, Accenture’s chief analytics officer and global applied intelligence lead, said, “Having the right talent is a critically important aspect of how we deliver value to clients.
“The Analytics8 team’s deep technical expertise and experience advising clients across a range of industries will complement our own — bolstering our growing Applied Intelligence business, particularly in the Australian market, and creating new opportunities to help clients accelerate their digital transformations.”
Hedde Schuitemaker, co-owner of Analytics8, said, “We are excited about joining Accenture. Our data scientists and data analytics expertise will complement Accenture’s applied intelligence capabilities and industry knowledge, allowing us to help customers further leverage data and analytics to transform their businesses.”