Accenture has agreed to acquire Byte Prophecy, an automated insights and big data analytics company based in Ahmedabad, India.
Mrugank Parikh is the co-founder of Byte Prophecy. Financial terms of the acquisition were not disclosed.
The acquisition will add nearly 50 data science and data engineering experts, with a particular focus on insight automation, to Accenture Applied Intelligence, said Piyush N Singh, Accenture’s market unit lead for India and sales lead for Growth Markets.
Founded in 2011, Byte Prophecy has worked with Accenture Ventures since 2018 on open innovation efforts, collaborating and co-innovating with Accenture and its clients in Asia Pacific on advanced data and analytics projects, said Athina Kanioura, Accenture’s chief analytics officer and global lead for Applied Intelligence.
Accenture made Applied Intelligence acquisitions in Australia, Spain, North America and the U.K. to enhance its portfolio of technologies and help clients across those markets scale AI.