US consulting firm Accenture acquires Analytics8 in latest Australian deal

Sydney Opera House, Sydney, Australia. Photo: Holger Link/Unsplash

US consulting giant Accenture has announced its acquisition of Australian big data and analytics consultancy company Analytics8, as stated in an official release.

The terms of the transaction, which is subject to customary closing conditions, are not being disclosed.

Founded in 2002, Analytics8 specialises in data management, reporting and visualisation, data science and analytics services to help companies derive enhanced insights from data.

Following the deal, Analytics8’s Melbourne and Sydney-based team of 70 professionals will join Accenture Applied Intelligence, which uses artificial intelligence-powered data, automation and analytics to help clients transform their businesses.

According to Analytics8 co-owner Hedde Schuitemaker, the company’s data scientists and data analytics expertise will be able to complement Accenture’s applied intelligence capabilities and industry knowledge.

Accenture managing director Amit Bansal said the consolidation will enable the companies to “offer a unique, AI-based approach to help clients combine data, analytics and automation at scale.”

The latest deal makes Analytics8 the latest Australian-based company to have been acquired by Accenture in the past year as it looks to grow its capabilities in digital growth channels.

The move follows the consulting firm’s acquisitions of  cybersecurity and technology company BCT Solutions in June and Adelaide Oracle specialist PrimeQ in December 2018.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.