Acquisition will strengthen Accenture’s
capabilities to deliver AI-powered data and advanced analytics
services to clients
Accenture (NYSE: ACN) has entered into an agreement to acquire
Analytics8, a privately held Australian big data and analytics
consultancy that specialises in data management, reporting and
visualisation, data science and analytics services.
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the full release here:
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Pictured L-R: Hedde Schuitemaker,
co-owner, Analytics8; Amit Bansal, Accenture’s Applied Intelligence
lead for Australia and New Zealand; Jean-Christophe Richard,
co-owner, Analytics8; and Alexander Brown, co-owner, Analytics8.
(Photo: Business Wire)
Founded in 2002, Analytics8 provides data and analytics
solutions to some of Australia’s largest organisations. With deep
expertise across multiple industries, from healthcare to financial
services, Analytics8 enables clients to derive enhanced insights
from data.
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.
“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.”
Dr. Athina Kanioura, Accenture’s chief analytics officer and
global applied intelligence lead, said, “Having the right talent is
a critically important aspect of how we deliver value to clients.
The Analytics8 team’s deep technical expertise and experience
advising clients across a range of industries will complement our
own — bolstering our growing Applied Intelligence business,
particularly in the Australian market, and creating new
opportunities to help clients accelerate their digital
transformations.”
Hedde Schuitemaker, co-owner 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 agreement to acquire Analytics8 is the latest demonstration
of Accenture's continued investment in innovation and ongoing
commitment to growing its capabilities in digital growth channels.
It 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 top Oracle
software-as-a-service cloud implementation service providers.
Terms of the transaction, which is subject to customary closing
conditions, are not being disclosed.
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.
Forward-Looking Statements Except for the historical
information and discussions contained herein, statements in this
news release may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “may,” “will,” “should,” “likely,” “anticipates,”
“expects,” “intends,” “plans,” “projects,” “believes,” “estimates,”
“positioned,” “outlook” and similar expressions are used to
identify these forward-looking statements. These statements involve
a number of risks, uncertainties and other factors that could cause
actual results to differ materially from those expressed or
implied. These include, without limitation, risks that: Accenture
and Analytics8 will not be able to close the transaction in the
time period anticipated, or at all, which is dependent on the
parties’ ability to satisfy certain closing conditions; the
transaction might not achieve the anticipated benefits for
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Sinéad Moore Accenture +61 419 468 985
sinead.moore@accenture.com
Katy Rosati Accenture +1 917 452 6662
Kathryn.rosati@accenture.com
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