Global professional services company Accenture (NYSE: ACN) has acquired AlphaBeta Advisors, an Australian consultancy that combines business strategy, data analytics and econometrics to advise organizations on how to respond to profound technological, economic and social change.
The amount of the deal was not disclosed.
This acquisition will enable Accenture to expand its analytics-led strategy capabilities in market.
Founded in 2015 by Andrew Charlton, AlphaBeta Advisors allows organisations across all major industries, such as government, technology and financial services, to understand the market forces shaping their industries now and into the future so that they can remain relevant and grow. Its experts have worked on projects aimed at tackling some of Australia’s biggest contemporary challenges such as: the future of work; national reform programs; and technology and innovation, among many others.
AlphaBeta Advisors has a presence in Sydney, Melbourne and Canberra, and employs a team of approximately 35 people with backgrounds in data analytics, economics and public policy, among others.