Accenture to Acquire Bengaluru-based Industrial AI Firm Flutura

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Accenture to Acquire Bengaluru-based Industrial AI Firm Flutura


IT companies and consulting agency Accenture on Tuesday stated it is going to purchase Bengaluru-based industrial synthetic intelligence firm Flutura.

The deal measurement was not disclosed.

Flutura has roughly 110 professionals who specialise in industrial information science companies for producers and different asset-intensive corporations.

“Flutura will strengthen Accenture’s industrial AI services to increase the performance of plants, refineries, and supply chains while also enabling clients to accomplish their net-zero goals faster,” Accenture stated in an announcement.

Ireland-based Accenture plans to carry Flutura’s capabilities to shoppers within the vitality, chemical substances, metals, mining, and pharmaceutical industries.

“Flutura democratizes AI for engineers. This acquisition will power industrial AI-led transformation for our clients globally and particularly in Australia, South-East Asia, Japan, Africa, India, Latin America and the Middle East,” Senthil Ramani, senior managing director and Accenture Applied Intelligence lead for Growth Markets, stated.

Last 12 months, Accenture acquired information science firm ALBERT in Japan.

Other current AI acquisitions of Accenture embody Analytics8 in Australia, Sentelis in France, Bridgei2i and Byte Prophecy in India, Pragsis Bidoop in Spain Mudano within the UK and Clarity Insights within the US.

In November final 12 months, Accenture partnered up with NTT Docomo, Japan’s largest telecom firm, to fund the nation’s Web3 exploration with a $4 billion (roughly Rs. 39,113 crore) funding. As a part of the collaborative effort, each NTT Docomo and Accenture can be offering coaching programs for engineers in addition to enterprise builders wanting to enter the sector.

Web3 has the potential to form a new digital economy with a greater social impact than conventional economies, providing clearly defined benefits and secure environments for success,” stated a press assertion from each the businesses.


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