Accenture Intends To Acquire Sentelis

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Accenture Intends To Acquire Sentelis

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Overview

On June 15, 2020 Accenture (NYSE: CAN) announced that it signed an agreement to acquire Sentelis which is an independent data consulting and engineering firm. There was no disclosure of financial details by the firm. Sentelis will complement its focus on aiding customers develop the right data strategy and foundation to industrialize data across their businesses.

About Sentelis

Sentelis is a France based company started in 2011 involved in designing data and artificial intelligence (AI) capabilities. Sentelis handles over 50 skilled employees that involve data and AI advisors, engineers, and architects who will also become a part of Accenture Applied intelligence. From the very start in 2011, Sentelis has helped many clients that included some of the major French companies, architect, engineer and scale adapted and safeguards data centric architecture, allowing them to speed up business innovations.

After Acquisition

Accenture is hoping the industry experience of Sentelis in retail and financial services when associated with its AI learning engineering expertise will allow it to build and deliver highly differentiated end-to-end services to the European market. The acquisition is expected to empower Accenture’s analytics, AI and ML/data engineering business mainly in France. Olivier Girard, market unit lead of Accenture France and Benelux mentioned that the solid technical talent of Sentelis’ teams brought together with Accenture’s AI and big data solutions and deep industry expertise, would be a major opportunity to expand and strengthen their potential to facilitate clients scale AI across their businesses.

Adding to the organically growing talent, Accenture’s strategic approach to acquisition is designed to make sure that the right capabilities are in position to meet the existing as well as new client needs with speed and scale. Together the acquisition will be able to help broader range customers to industrialize innovation in data strategy and AI.

Chief analytics officer and global lead for Accenture Applied Intelligence, Athina Kanioura said that their research shows that a strong data base underlines an organization’s ability to successfully scale AI. Sentelis which is a strategic acquisition will be bringing greater capacity and enhanced potential to Accenture data and AI client work. Data strategy, architecture, and engineering skills of Sentelis go parallel seamlessly with Accenture’s focus on industrialised end to end solutions. Acquisition with Sentelis there is greater chances to accelerate the way clients gain value from data and AI over their businesses.

Bottom line

In today’s era, digital transformation is adopted and pursued by smart businesses in order to balance innovation and industrialisation at scale, and to enable their organisation to be integrated with wider ecosystem. In order to build an intelligent firm, it must be created around a mix of digital platform with data and AI in the front, which is the reason why in today’s growing data driven market, associating with Accenture would be great opportunity to expand the approach to new sectors and help more businesses to leverage their information systems to accelerate their digital transformation.

This deal will strengthen Accenture’s growing analytics, AI and ML/data engineering sector in France. Accenture’s global growth in AI client engagement has also worked as a medium for Accenture’s latest 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 needs prior consultation with appropriate work councils and would be subject to customary closings.

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