IT services firm Accenture is set to acquire i4C Analytics, an analytics software platform provider based in Italy.
The company did not announce financial details.
Accenture said the acquisition will strengthen its capabilities to offer tailored, industry- and function-specific analytics applications. Accenture will integrate i4C Analytics into Accenture Analytics, part of Accenture Digital.
i4C’s Application Configuration Environment (ACE) will enhance Accenture’s analytics solutions. ACE offers a scalable platform that enables the development of Advanced Analytics Applications (AAAs) to enable accelerated time to insight, action and achieving business outcomes.
“In a market where apps are everything, our analytics-savvy clients are looking to Accenture to help them get from data to decisions as quickly as possible. With i4C, we will be able to build apps quickly and ensure they are as easy as possible for clients to access, understand and action insights based on relevant, timely data,” said Narendra Mulani, senior managing director of Accenture Analytics, part ofAccenture Digital.
Founded in 2002 and based in Italy, i4C provides optimization and predictive solutions in vertical industries including Power & Gas, Financial Services, Retail, Manufacturing and Communications. i4C is a privately held company with over 70 employees. It has offices in Bologna and Rome and a presence in the UK.