Accenture Acquires Spanish Tech Firm Pragsis Bidoop

Madrid, Spain-based Pragsis has deep expertise in new technologies, including big data, artificial intelligence (AI), advanced analytics.

Pragsis Bidoop

Global IT consultancy firm Accenture has acquired Spanish startup Pragsis Bidoop, with plans to add its technology solutions to its applied intelligence business unit.

Madrid-based Pragsis has deep expertise in new technologies, including big data, artificial intelligence (AI), advanced analytics, and machine learning, Accenture said in a statement.

“Integrating Pragsis Bidoop’s capabilities will further enhance how Accenture Applied Intelligence serves the European and Latin American markets by helping enterprise clients scale their deployments of AI, analytics and automation to make data-driven decisions,” Accenture added.

Pragsis doesn’t have an office in Latin America, but some of its clients have an extensive presence in the region, particularly in Brazil and Mexico. Accenture stated many of Pragsis’ offerings are high in demand in Latin America.

Pragsis also delivers data solutions for what Accenture calls Industry X.0, the digital reinvention of industry. On its website, the Spanish firm claims that its solutions can help businesses optimize manufacturing processes, reduce supply chain forecasting errors, lost sales and maintenance cost.

Founded in 2004, pragsis has around 200 employees, all of whom will join Accenture upon closer of the deal.

“By joining Accenture, we can help change the game in the AI and big data solutions space, helping our clients to really leverage the new era of artificial intelligence as a key opportunity to boost their business,” said Pedro Agudo, CEO and co-founder of Pragsis Bidoop.

Accenture Applied Intelligence employs more than 20,000 professionals, including 6,000 data scientists, data engineers and AI professionals worldwide.

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