Accenture buys industrial AI firm Flutura

Accenture announced the acquisition of Flutura, an industrial artificial intelligence (AI) company, based in Bangalore, India. Financial details were not disclosed.
Accenture business ITFlutura will strengthen Accenture’s industrial AI services to increase the performance of plants, refineries, and supply chains. Accenture plans to bring Flutura’s capabilities to clients in the energy, chemicals, metals, mining, and pharmaceutical industries.

Flutura has approximately 110 professionals who specialize in industrial data science services for manufacturers and other asset-intensive companies. Its AI platform provides self-service solutions for advanced analytics to improve the asset performance, reliability, throughput and energy efficiency.

“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, said.

Last year, Accenture has acquired data science company ALBERT in Japan. Other recent AI acquisitions include Analytics8 in Australia; Sentelis in France; Bridgei2i and Byte Prophecy in India; Pragsis Bidoop in Spain; Mudano in the UK; and Clarity InsightsEnd-to-End Analytics and Core Compete in the US.

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