Accenture (NYSE: ACN) is to acquire Analytics8, an Australian big data and analytics consultancy that specialises in data management, reporting and visualisation, data science and analytics services.
The amount of the deal, which is subject to customary closing conditions, was not disclosed.
The acquisition will strengthen Accenture’s capabilities to deliver AI-powered data and advanced analytics services to clients.
Founded in Melbourne in 2002 and led by Hedde Schuitemaker, Jean-Christophe Richard, and Alexander Brown, Analytics8 is a professional services company providing data and analytics solutions to some of Australia’s largest organisations, across multiple industries, from healthcare to financial services. It provides its clients with an end-to-end service spanning the complete data and analytics life cycle: data management; data reporting and visualisation; data science; and advanced analytics.
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.
This acquisition follows two other acquisitions Accenture made in Australia in the last 12 months:
– its June 2019 acquisition of cybersecurity and technology company BCT Solutions, and
– its December 2018 acquisition of PrimeQ, one of Australia’s and New Zealand’s top Oracle software-as-a-service cloud implementation service providers.