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AZB for Accenture on India leg of UK's Core Compete's cloud analytics buy - Legally India - Career Intelligence for Lawyers, Law Students

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In Brief
By
Kian Ganz
Thursday, 06 May 2021 22:33
Corporate M&A
“Accenture said Wednesday it has acquired Core Compete, a cloud analytics services firm headquartered in Durham, North Carolina, with additional offices in the UK and India.”, as reported by Business Standard. Further, the press release by Accenture stated: “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.” ....

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Accenture acquires Core Compete to boost its cloud offering

Accenture acquires Core Compete to boost its cloud offering
Image: © Alexey Novikov/Stock.adobe.com
The cloud analytics company is the latest in a long line of acquisitions made by Accenture in order to enhance its client offering.
Global consulting giant Accenture has added another cloud services company to its growing list of acquisitions.
Headquartered in North Carolina with offices in the UK and India, Core Compete is a cloud analytics services company that enables digital transformation with a particular focus on supply chain, retail and financial services.
Accenture acquired the company for an undisclosed sum with the view to strengthening its own cloud-based solutions. ....

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Accenture Grows AI, Cloud Capabilities With Core Compete Buy

Accenture Grows AI, Cloud Capabilities With Core Compete Buy
‘We’re seeing the world move to be cloud-native. Core Compete has strong SaaS skills, and experience with both supply chains and finance and risk. But in the last four to five years, it has been an early adopter of native cloud analytics, with a large number of people certified on analytics on Azure and [Amazon Web Services],’ says Sanjeev Vohra, global lead for Accenture Applied Intelligence.
By
Joseph F. Kovar April 07, 2021, 06:51 PM EDT
Global solution provider Accenture Wednesday unveiled the acquisition of Core Compete, a developer of cloud analytics and cloud-native artificial intelligence technologies. ....

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Accenture Acquires Core Compete

Accenture Acquires Core Compete
Accenture has acquired Core Compete, a cloud analytics services firm headquartered in Durham, North Carolina, with additional offices in the UK and India. Core Compete enables digital transformations with cloud-native solutions that deliver artificial intelligence (AI) and machine learning-infused business outcomes, to serve a diverse client base across the US and UK, with particular focus on supply chain, retail and financial services. Terms of the transaction were not disclosed.
Founded in 2012, Core Compete’s team of more than 260 professionals will join Accenture’s Applied Intelligence practice, strengthening how the company helps clients shape and execute their cloud-based data and AI strategies to drive more business value. ....

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Accenture acquires Core Compete as acquisition spree continues

Global solution provider Accenture has unveiled the acquisition of Core Compete, a developer of cloud analytics and cloud-native artificial intelligence technologies.
With the acquisition, Accenture is expanding its own cloud analytics and AI capabilities, as well as getting a seasoned team steeped in experience with those advanced technologies, said Sanjeev Vohra, global lead for Accenture Applied Intelligence.
Instead of bringing in new capabilities Accenture did not have prior to the acquisition, Durham, N.C.-based Core Compete enhances Accenture’s current reach into the cloud analytics market, Vohra told CRN. Financial terms of the deal were not disclosed.
“Core Compete has completely embraced cloud analytics,” he said. “Cloud collaboration and adoption has increased strongly in the last 18 months. When clients move to the cloud, they look at what to do next. First is the applications. Second is the data. Then they bring AI on the cloud. You can do this wit ....

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