Accenture acquires Kogentix to grow its data engineering business

Accenture has acquired Kogentix to strengthen Accenture Applied Intelligence’s growing data engineering business, particularly in North America, as companies are increasingly looking to harness open-source big data and advanced analytics technologies to identify revenue growth and cost reduction opportunities across the enterprise.

Kogentix offers a range of assets to move longstanding applications to technologies such as Hadoop, Spark and Python, which can analyze larger volumes of data with more speed and processing efficiency. Additionally, transitioning legacy analytics applications to these technologies will allow companies to reduce licensing costs and recruit from a wider pool of data talent, as the new and growing generation of data scientists and engineers are trained on these platforms.

Narendra Mulani, Chief Analytics Officer, Accenture Applied Intelligence, says, “Open-source big data platforms and artificial intelligence are offering companies more opportunities than ever to become data-driven, intelligent enterprises. But marrying these new technologies with their old analytics world is becoming a key challenge for them. With Kogentix’s assets and highly skilled team of big data and AI professionals, we are even better positioned to help clients realize the value of open-source analytics platforms and embed new intelligence at the core of their businesses.”

According to Boyd Davis, CEO & Co-Founder, Kogentix, “We founded Kogentix because we knew that big data and machine learning would play a critical role in transforming enterprises. The opportunity to leverage data for better business outcomes has never been this exciting. Becoming part of Accenture Applied Intelligence will allow us to seize a greater share of this market. We’re excited by the scale and scope of projects that will open up to us, as well as the long-term career and growth opportunities for our team.”

Boyd Davis and the other co-founders, Sanjay Gogia (COO), Jai Malhotra (CTO), and Krishna Nimmagadda (President), will continue to play key roles in leading the business.

Applied Intelligence employs more than 6,000 data scientists, data engineers and AI professionals worldwide. It has received several recognitions from leading industry analyst firms in the past six months, including for Business Analytics Services, Data and Analytics Services and Smart Analytics.