Accenture acquires Ahmedabad-based Byte Prophecy
Bengaluru: Accenture has acquired Byte Prophecy, an automatic insights and massive information analytics firm based mostly in Ahmedabad, to satisfy the rising demand for enterprise-scale AI and digital analytics options throughout the area.
The acquisition will add almost 50 information science and information engineering specialists, with a specific deal with perception automation, to Accenture Applied Intelligence, the corporate stated in an announcement on Monday.
The transfer will deepen current consulting and know-how capabilities that assist purchasers in areas comparable to information foundations and superior analytics, it stated.
Piyush N Singh, Accenture’s market unit lead for India and gross sales lead for Growth Markets, stated: “Beyond advanced technology capabilities, Accenture brings our clients a co- innovation mindset, and in Byte Prophecy we found a partner with the right mix of technology and consulting skills, and a client-centric innovation culture.”
Founded in 2011, Byte Prophecy has labored carefully with Accenture Ventures since 2018 on open innovation efforts, collaborating and co-innovating with Accenture and its purchasers in Asia Pacific on superior information and analytics initiatives, the assertion stated.
“Our team has already been working with Byte Prophecy over the past two years, and together we’ve helped clients build the strong data foundations that are the cornerstone for successful AI adoption,” stated Athina Kanioura, Accenture’s chief analytics officer and world lead for Applied Intelligence.
“Officially making Byte Prophecy’s people and capabilities part of Accenture is a testament to the shared vision of shared success weve seen in our joint efforts,” Kanioura stated.
“Our experience working with Accenture has helped us better understand customer pain points and fine-tune our solution to respond with greater agility to clients’ needs,” stated Mrugank Parikh, co-founder, Byte Prophecy.
The alternative to develop into a part of Accenture Applied Intelligence will allow us to collectively construct stronger belongings and increase our companies to extra purchasers within the rising markets, Parikh stated.
Financial phrases of the acquisition weren’t disclosed.
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