Accenture Completes Acquisition of Flutura

accenture flutura

Accenture (NYSE: ACN) has completed its acquisition of Flutura, an industrial artificial intelligence (AI) company, headquartered in Bangalore, India.

Terms of the transaction, which Accenture announced on March 21, 2023, were not disclosed.

Flutura strengthens Accenture’s industrial AI services for clients in the energy, chemicals, metals, mining, and pharmaceutical industries.

Led by Krishnan Raman, chief executive officer, Flutura provides an AI platform that gives access to self-service solutions for advanced analytics. The solutions help process, asset management and reliability engineering teams assess, predict, and improve the asset performance, reliability, throughput and energy efficiency outcomes of production and manufacturing facilities. Industrial engineers and data scientists can also quickly develop digital models of industrial assets on the AI platform, which processes data from disparate IT and operations technology systems.

Its approximately 110 professionals specialize in industrial data science services for manufacturers and other asset-intensive companies.