AI News, Acquisitions

Accenture Agrees to Acquire Clarity Insights, Boosting Artificial Intelligence Impact for Clients in North America

CHICAGO--(BUSINESS WIRE)--Accenture (NYSE: ACN) has announced that it has entered into an agreement to acquire Clarity Insights, a U.S.-based data consultancy with deep data science, artificial intelligence (AI) and machine learning (ML) expertise.

Founded in 2008 and headquartered in Chicago, with additional locations throughout the United States, Clarity Insights is a leading provider of data science and AI/ML engineering capabilities for large enterprises, and a strategic partner to clients across a range of industries, particularly healthcare, financial services and insurance.

Recognized as one of the Chicago Tribune’s Top Workplaces 2019, their focus on serving clients’ needs end to end – from building the right data and AI-enabled strategy, to implementing that technical strategy in meeting business goals – creates a strong foundation to transform business processes to embed and scale AI with deeper insights from data.

“Clarity Insights’s combination of strong technical talent, combined with deep industry expertise, will fortify and broaden our ability to help our clients scale AI across their businesses,” said Athina Kanioura, chief analytics officer and global lead for Applied Intelligence at Accenture.

“Their focus on insight-driven transformation for healthcare bolsters Accenture’s capabilities and is particularly critical now, when our research shows that 87% of healthcare executives surveyed report that they know how to pilot, but struggle to scale AI across their business.”

Combining unmatched experience and specialized skills across more than 40 industries and all business functions — underpinned by the world’s largest delivery network — Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders.

Our expertise in defining end-to-end strategy, combined with deep data infrastructure capabilities, cognitive services and industrialized accelerators help smooth clients’ path to AI adoption, extending human capabilities and supporting clients in scaling AI responsibly.

Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the changing technological environment could materially affect the company’s results of operations;

if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected;

changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition;

if Accenture is unable to protect its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected;

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