Accenture has chalked up another acquisition, buying Indian artificial intelligence and analytics firm BridgeI2I for an undisclosed sum.
This is technology M&A deal number 639 that ChannelE2E has covered so far in 2021.
Accenture Acquires AI and Analytics Firm BridgeI2I
Founded in 2011, BridgeI2I is headquartered in Bangalore, India, with additional offices in the U.S. and Australia. The company specializes in data-driven digital transformation for companies across a range of industries.
The acquisition adds more than 800 professionals to Accenture’s Applied Intelligence practice and follows a rash of similar deals that bolster the company’s analytics, data and AI business. Previous acquisitions include:
Accenture Acquires BridgeI2I: Executive Insight
Sanjeev Vohra, global lead for Accenture Applied Intelligence, commented:
“The COVID-19 pandemic has made technologies such as AI core to business success, with scaled investments enabling enterprises to thrive by refocusing on growth during the most disruptive time in their history. In this rapidly evolving space, constantly building new capabilities is key, and we believe that BridgeI2I will further enhance our AI skills and data science capabilities to strengthen how our global network delivers value for clients.”
Prithvijit Roy, chief executive officer and co-founder, BridgeI2I, added:
“The digital enterprise of the future is being reimagined today with AI. At BridgeI2I, we believe in diving into the heart of business challenges and driving transformation in its truest sense for our clients by combining our AI capabilities with our digital consulting expertise. We are excited to join Accenture and believe that our people and approach will complement their capabilities and help us scale up our impact across industries.”
