Addition of local French data strategy, architecture, governance, and implementation capabilities would help clients scale artificial intelligence
Accenture (NYSE: ACN) has entered into an agreement to acquire Sentelis, an independent data consulting and engineering company, headquartered in France, that specializes in designing and scaling data and artificial intelligence (AI) capabilities. Sentelis would join Accenture Applied Intelligence and complement its focus on helping clients build the right data strategy and foundation to industrialize AI across their businesses.
With a strong focus on industrializing AI and big data technologies, Sentelis has more than 50 highly skilled professionals, including data and AI advisors, architects and engineers. Since its founding in 2011, Sentelis has helped numerous clients, including some of the largest French companies, architect, engineer and scale adapted and secure data-centric architecture, enabling them to accelerate business innovation.
The combination of Sentelis’s industry experience, particularly in financial services and retail, with Accenture’s expertise in global large-scale artificial intelligence and machine learning engineering initiatives would provide highly differentiated end-to-end services to the European market.
"The addition of the strong technical talent of Sentelis’s teams, combined with our AI and big data solutions, and deep industry expertise, would be a major opportunity to strengthen and broaden our ability to help clients scale AI across their businesses," said Olivier Girard, market unit lead, Accenture France and Benelux. "In addition to organically growing talent, Accenture’s strategic approach to acquisitions is designed to ensure the right capabilities are in place to meet existing, as well as emerging, client needs with speed and scale. Together, we would be able to help a broader range of clients industrialize innovation in data strategy and AI."
"Our research shows that a strong data foundation underpins an organization’s ability to successfully scale AI," said Athina Kanioura, chief analytics officer and global lead for Accenture Applied Intelligence. "Strategic acquisitions — like Sentelis — are bringing greater capacity and enhanced capabilities to our data and AI client work. Sentelis’s data strategy, architecture and engineering skills align seamlessly with Accenture’s focus on industrialized, end-to-end solutions. With the addition of Sentelis, we would see even greater opportunity to accelerate how our clients gain value from data and AI across their business."
"Today, smart businesses are adopting and pursuing digital transformation to balance innovation and industrialization at scale, and to allow their organizations to be seamlessly integrated with the wider ecosystem. To create an intelligent enterprise, it must be built around a mix of digital platforms, with data and AI at its core," said Isabelle Regnier and Jean-Baptiste Ceccaldi, respectively executive director and president of Sentelis. "This is why, in today’s growing data-driven market, joining Accenture would be a unique opportunity to enlarge our approach to new sectors and help more organizations to leverage their information systems to accelerate their digital transformations."
This acquisition would strengthen Accenture's growing analytics, AI and ML/data engineering business in France. Global growth in AI client engagements has also served as a driver for Accenture’s recent acquisitions of Analytics8 in Australia, Pragsis Bidoop in Spain, Clarity Insights in North America, Mudano in the UK and Byte Prophecy in India.
The acquisition requires prior consultation with the relevant works councils and would be subject to customary closing conditions. Financial terms of the transaction are not being disclosed.
Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries — powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. With 509,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com.
Applied Intelligence is Accenture’s approach to scaling AI for our clients. We embed AI-powered data, analytics and automation capabilities into business workflows to accelerate time to value. Our expertise in defining end-to-end strategy, combined with deep data infrastructure capabilities, cognitive services and industrialized accelerators help smooth clients’ path to AI adoption, extending human capabilities and supporting clients in scaling AI responsibly. Recognized as a leader by industry analysts, we collaborate with a powerful global alliance, innovation and delivery network to help clients deploy and scale AI within any market and industry. Follow @AccentureAI and visit www.accenture.com/appliedintelligence.
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. For a discussion of risks and actions taken in response to the coronavirus (COVID-19) pandemic, see "Our results of operations have been adversely affected and could in the future be materially adversely impacted by the coronavirus pandemic (COVID-19)" under Item 1A, "Risk Factors" in Accenture plc’s Quarterly Report on Form 10-Q for the quarterly period ended February 29, 2020. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the coronavirus pandemic (COVID-19). 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