Accenture (NYSE: ACN) has completed its acquisition of Analytics8, a privately held Australian big data and analytics consultancy that is now a wholly owned subsidiary of Accenture. Terms of the transaction are not being disclosed.
The transaction, first announced on August 15, 2019, strengthens Accenture’s capabilities to deliver AI-powered data and advanced analytics services to clients across Australia and New Zealand.
“We formally welcome the Analytics8 team to Accenture and look forward to pooling our expertise to deliver services to clients which help them achieve more with their data as they accelerate their digital transformation journeys,” said Amit Bansal, who leads Accenture’s analytics and artificial intelligence business in Australia and New Zealand.
Dr. Athina Kanioura, Accenture’s chief analytics officer and global Applied Intelligence lead said, “The acquisition of Analytics8 means we have further bolstered our applied intelligence offering, scaling at speed to meet the growing demand for AI-powered intelligence.”
“This is a very exciting time for our Australian business and our people are enthusiastic about joining forces with Accenture, opening up new opportunities to work on leading-edge projects which combines data, analytics and automation,” said Hedde Schuitemaker, co-owner of Analytics8.
Founded in 2002, Analytics8 provides data management, reporting and visualisation, data science and analytics services to some of Australia’s largest organisations across multiple industries. 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.
About Accenture
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialised skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 482,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com
Accenture Applied Intelligence, part of Accenture Digital, applies artificial intelligence and human ingenuity at the core of business to help clients solve their most complex business problems. By deploying AI responsibly and combining it with our deep industry and analytics expertise, we enable the digital transformation of organizations, extend human capabilities, and make intelligent products and services a reality. Follow @AccentureAI and visit accenture.com/appliedintelligence.
About Analytics8
Founded in Melbourne in 2002, Analytics8 is a professional services company providing data and analytics solutions to some of Australia’s largest organisations, across multiple industries, enabling them to do new, better things with data. Analytics8 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.