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Accenture to acquire Bengaluru-based AI firm Flutura

Accenture, an IT services and consulting firm, announced on Tuesday that it would acquire Flutura, the Bengaluru-based industrial artificial intelligence company. The deal size was not disclosed.

Over 110 professionals at Flutura deliver industrial data science services to manufacturers and other asset-intensive companies.

“Flutura will strengthen Accenture’s industrial AI services to increase the performance of plants, refineries, and supply chains while also enabling clients to accomplish their net-zero goals faster,” Accenture said in a statement.

Ireland-based Accenture plans to bring Flutura’s capabilities to clients in the energy, chemicals, metals, mining, and pharmaceutical industries.

“Flutura democratizes AI for engineers. This acquisition will power industrial AI-led transformation for our clients globally and particularly in Australia, South-East Asia, Japan, Africa, India, Latin America and the Middle East,” Senthil Ramani, senior managing director and Accenture Applied Intelligence lead for Growth Markets, said.

Accenture acquired data science company ALBERT in Japan last year.

Other significant AI acquisitions of Accenture include Analytics8 in Australia, Sentelis in France, Bridgei2i and Byte Prophecy in India, and Pragsis Bidoop in Spain, US-based Clarity Insights and Mudano in the UK.

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