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Accenture acquires predictive analytics specialist Nextira

Nextira will support Accenture in enterprise transformation, and value creation initiatives such as helping leverage cloud, data, and AI.

Nextira provides cloud engineering expertise and proprietary solutions to help innovative companies seize the future. Photo: Getty Images
Nextira provides cloud engineering expertise and proprietary solutions to help innovative companies seize the future. Photo: Getty Images

Accenture, a leading professional services firm, has acquired Nextira, an AWS-powered provider of innovative solutions and immersive experiences for clients, for an undisclosed sum. 

Nextira, founded in 2008, is an AWS Premier Partner specializing in cloud-native innovation, predictive analytics, and immersive experiences.

They offer cloud-based solutions that enable clients to create and optimize high-performance computing environments.

Additionally, Nextira’s proprietary Studio in the Cloud solution on AWS provides a virtual environment for developing and rendering 3D objects using cutting-edge rendering platforms.

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With the acquisition, Nextira’s nearly 70 employees will join the Accenture AWS Business Group, focusing on media and entertainment clients.

This group operates under Accenture Cloud First, which drives organizational transformation through cloud, data, and AI technologies.

The integration of Nextira’s capabilities with Accenture’s data platforms aims to deliver actionable insights, empowering clients to innovate, enhance customer experiences, and drive product and market growth. 

Moreover, Karthik Narain, Accenture Cloud First’s global lead, plans to combine Nextira’s AI, machine learning, and data analytics expertise with Accenture’s modern data platforms on the cloud.

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“Joining Accenture will connect our deep experience in platform and software engineering with Accenture’s breadth of knowledge across cloud technologies, creating new opportunities for organizations to unlock the potential of emerging technologies to drive business value” said Nextira’s founder and CEO, Jason Cutrer. 

The move reflects Accenture’s strategy of strengthening its cloud capabilities to meet the increasing demand for cloud-based solutions.

The company’s shares have shown strong performance, outperforming both its industry and the broader market.

To get in contact with feedback on this article please email us at publishing@krugmaninsights.com 

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