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Accenture acquires European data services firm

Accenture has acquired Spanish analytics services firm Pragsis Bidoop. Headquartered in Madrid with additional offices in Barcelona and the UK, Pragsis will add more than 200 employees with deep machine learning, artificial intelligence and big data engineering experience to Accenture’s Applied Intelligence business.

Accenture Applied Intelligence serves the European and Latin American markets by helping enterprise clients scale their deployments of AI, analytics and automation to make improved data-driven decisions.

Founded in 2004, Pragsis Bidoop has a diversified client base of Ibex-35 companies in Spain and multinational corporations with a presence in Mexico, Brazil and other Latin America markets. The company specialises in service provisioning for corporations in a range of industries, from banking and insurance to retail, energy, railways, the public sector and pharma.

Pragsis delivers AI solutions for digital twins (digital models of physical objects, systems or processes), machine learning to optimise manufacturing processes, and advanced predictive models to reduce, for example, supply chain forecasting errors, lost sales and maintenance costs.

“With the addition of Pragsis Bidoop we will multiply our specialised talent in big data, data engineering and artificial intelligence skills, helping clients in the next phases of the data driven transformation journey,” said Juan Pedro Moreno, country managing director for Spain, Portugal and Israel at Accenture.

Pedro Agudo, CEO and co-founder of Pragsis Bidoop, said: “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.”

Financial terms of the acquisition were not disclosed. This July, Accenture opened a new Advanced Technology Center in Alicante, Spain for partners and customers.

Pictured: Juan Pedro Moreno, Accenture (left) and Pedro Agudo of Pragsis Bidoop.