Now Reading
Accenture Acquires Byte Prophecy to Enhance AI, Analytics Capabilities in Emerging Markets

Accenture Acquires Byte Prophecy to Enhance AI, Analytics Capabilities in Emerging Markets

Accenture
W3Schools

Accenture has acquired big data analytics company Byte Prophecy to meet the growing demand for enterprise-scale AI and digital analytics solutions. Based out of Ahmedabad, the company will improve the IT giant’s capabilities to improve speed and agility of delivering advanced analytics, data and AI solutions to enterprises.

The announcement, which follows a month after its acquisition of cybersecurity startup Revolutionary Security, will add nearly 50 data science and data engineering experts to Accenture’s Applied Intelligence team to help clients in emerging markets scale AI.

“Decision making has become more complex across industries, and businesses are increasingly relying on advanced analytics and AI to ensure insight-driven decision making,” said Accenture’s Piyush N Singh, in a statement. “With this acquisition, we have found a partner with the right mix of technology and consulting skills, and a client-centric innovation culture,” he added.



Founded in 2011, Byte Prophecy has worked with Accenture Ventures on open innovation efforts in Asia Pacific on advanced data and analytics projects. According to Accenture, this collaboration has helped its clients build strong data foundations for successful AI adoption.

See Also
Accenture Acquires Revolutionary Security To Expand Its Cybersecurity Practice

“This experience has helped us better understand customer pain points and fine-tune our solution to respond to clients’ needs,” said Byte Prophecy’s Mrugank Parikh in a statement. “This opportunity will enable us to jointly build stronger assets and expand our services to more clients in the emerging markets. 

What Do You Think?

If you loved this story, do join our Telegram Community.


Also, you can write for us and be one of the 500+ experts who have contributed stories at AIM. Share your nominations here.
What's Your Reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

Copyright Analytics India Magazine Pvt Ltd

Scroll To Top