Accenture announced on Thursday it had entered into an agreement to acquire the 2002-founded Analytics8, with the Analytics8 Melbourne and Sydney-based team of 70 professionals to join Accenture Applied Intelligence, which uses artificial intelligence-powered data, automation and analytics to help clients transform their businesses.
“In this data-driven age, organisations are increasingly seeking to harness the power of their information for competitive advantage and to identify opportunities for revenue growth and cost reduction,” said Amit Bansal, a managing director at Accenture who leads its analytics and artificial intelligence business in Australia and New Zealand.
“Together we will offer a unique, AI-based approach to help clients combine data, analytics and automation at scale.”
Analytics8 co-owner Hedde Schuitemaker of Analytics8, said, “We are excited about joining Accenture. Our data scientists and data analytics expertise will complement Accenture’s applied intelligence capabilities and industry knowledge, allowing us to help customers further leverage data and analytics to transform their businesses.”
The pending acquisition of Analytics8 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 Oracle software-as-a-service cloud implementation service providers.