Accenture Acquires Core Compete To Expand Cloud And Data Science Capabilities

Accenture has acquired Durham-headquartered Core Compete, a cloud analytics services firm, for an undisclosed amount.

Accenture has acquired Durham-headquartered Core Compete, a cloud analytics services firm, for an undisclosed amount. With the acquisition, Accenture aims to strengthen its cloud analytics and AI capabilities. 

Accenture research showed two-thirds of CxOs have plans to increase spending on AI and over 60 percent would invest more in cloud-based technologies, making the acquisition of Core Compete a timely move. 

Founded in 2012, Core Compete is powered by a deeply skilled group of data science, data engineering and cloud engineering consultants, which Accenture is looking to tap into. Further, Core Compete has a stronghold in the cloud market and is well-positioned to meet a significant need in the market. 


Sign up for your weekly dose of what's up in emerging technology.

The deal will give Accenture access to more than 260 seasoned and experienced professionals from Core Compete. They will join Accenture’s Applied Intelligence practise to help execute its cloud-based data and AI strategies to drive more business value. Applied Intelligence is Accenture’s approach to scaling AI for clients by embedding AI-powered data, analytics and automation capabilities into business workflows. 

With offices in the UK and India, Core Compete enables digital transformations with cloud-native solutions that deliver artificial intelligence and machine learning-infused business outcomes. It serves a diverse client base across the US and UK, with a particular focus on supply chain, retail and financial services.

Download our Mobile App

“Over the past year we’ve seen cloud adoption increase, enabling organizations to unlock the enterprise value from data and AI strategy at speed,” said Sanjeev Vohra, global lead for Accenture Applied Intelligence. “Core Compete’s approach to cloud analytics transformation helps us further accelerate time to value for our clients, giving them the right tools, strategy and talent to reap the full benefits of being data-driven.”

“We have always seen the power of cloud analytics and are proud of the client transformations we’ve led over the past nine years,” said Shiva Kommareddi, managing partner, Core Compete. “Accenture’s investment in cloud and focus on AI as an exponential source of value is exactly what we need to help broaden our impact across new markets and industries and deepen our impact with clients.”

Over the last few years, Accenture has acquired companies such as Analytics8, Byte Prophecy, Clarity Insights and End-to-End Analytics.

More Great AIM Stories

Srishti Deoras
Srishti currently works as Associate Editor at Analytics India Magazine. When not covering the analytics news, editing and writing articles, she could be found reading or capturing thoughts into pictures.

AIM Upcoming Events

Regular Passes expire on 3rd Mar

Conference, in-person (Bangalore)
Rising 2023 | Women in Tech Conference
16-17th Mar, 2023

Early Bird Passes expire on 17th Feb

Conference, in-person (Bangalore)
Data Engineering Summit (DES) 2023
27-28th Apr, 2023

Conference, Virtual
Deep Learning DevCon 2023
27 May, 2023

3 Ways to Join our Community

Telegram group

Discover special offers, top stories, upcoming events, and more.

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Subscribe to our Daily newsletter

Get our daily awesome stories & videos in your inbox

What went wrong with Meta?

Many users have opted out of Facebook and other applications tracking their activities now that they must explicitly ask for permission.