Founded in 2012, Core Compete offers cloud-native solutions that enables artificial intelligence (AI) and machine learning-infused business products, serving clients across the US and UK with focus on supply chain, retail and financial services.
“Over the past year we’ve seen cloud adoption increase, enabling organizations to unlock the enterprise value from data and AI strategy at speed. 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,” said Sanjeev Vohra, global lead for Accenture Applied Intelligence.
As announced, Core Compete’s team will join Accenture’s Applied Intelligence practice, and expected to strengthen how the company helps clients in shaping and executing their cloud-based data and AI strategies to drive their business paradigm.
“We have always seen the power of cloud analytics and are proud of the client transformations we’ve led over the past nine years. 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,” said Shiva Kommareddi, managing partner, Core Compete.
This acquisition follows Accenture’s announcement of entering into an agreement to acquire Cygni, a cloud native development firm to help their clients accelerate cloud first strategies with software engineering services.
Accenture claims that combining its Accenture Cloud First – a new multi-service group of cloud professionals and a $3 billion investment offering together with the acquisition of Cygni, will help in the realization of its Cloud First ambitions of rapidly expanding its cloud service capabilities and offerings.