BIG DATA MANAGEMENT

Accenture Agreed to Acquire End-to-End Analytics

Accenture | November 23, 2020

Accenture Agreed to Acquire End-to-End Analytics
Accenture (NYSE: ACN) has consented to acquire End-to-End Analytics, a boutique analytics and information science consultancy situated in Palo Alto, CA, with extra workplaces in Brazil. End-to-End Analytics gets a profound legacy the cutting edge, retail, mechanical, automotive and buyer products enterprises, upheld by a solid arrangement of resources and accelerators in the regions of flexibly chain, determining, exchange advancement, estimating, promoting, and customer analytics. End-to-End Analytics will join Accenture's Applied Intelligence work on, improving how the organization serves customers across North and South America.

End-to-End Analytics' group of in excess of 70 experts are exceptionally gifted in the improvement of information and analytics methodology, and the utilization of enhancement, AI and AI on an expansive scope of innovation stages. Established in 2005, End-to-End Analytics has utilized its solid industry and useful aptitude, combined with its incorporated counseling model methodology – joining analytics, business discernment, and innovation – to transform experiences into activities and incentive for a portion of the world's most unmistakable brands.

“Over the past year, our focus on strategic acquisitions has enabled us to enhance how we serve clients in the analytics, data, and AI space,” said Sanjeev Vohra, global lead for Accenture Applied Intelligence. “By adding End-to-End Analytics to Accenture Applied Intelligence, we look forward to scaling their unique approach to data science blended with our functional consulting practice to help our clients navigate the pace of change and gain more business value from their data and AI investments.”

Gartner predicts that by 2022, public cloud administrations will be basic for 90% of information and analytics advancement. The correct blend of specialized aptitudes and tools — especially in regions like gracefully chain and retail, which are changing rapidly to satisfy moving needs — will help make end-to-end AI and analytics capacities to assist associations with exploiting this potential.

“Our clients are relying on Accenture’s broad technology expertise and human ingenuity to drive business transformation at speed powered by deep analytics and insight,” said Saleem Janmohamed, senior managing director and U.S. West market unit lead, Accenture. “Together, End-to-End Analytics and Accenture will bring clients industry and functional depth, unmatched AI and analytics capabilities and a proven track record of delivering business results."

“We’re proud of the growth we’ve achieved and results we’ve delivered for clients over the past 15 years and appreciate all of the great clients that shared our journey,” said Colin Kessinger, managing partner, End-to-End Analytics. “Joining Accenture will enable us to scale the impact of our work with an even broader client base, give our people new opportunities to grow their careers, and deepen the bench of valuable skills at the company.”

This acquisition builds on Accenture’s growing analytics, data, and AI business around the world, with recent acquisitions of Analytics8 in Australia, Pragsis Bidoop in Spain, Clarity Insights in North America, Mudano in the UK, Byte Prophecy in India, and Sentelis in France.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.

Spotlight

The digital revolution is producing vast quantities of social, psychological, and organizational data that social workers can harness to address society’s most difficult problems. Data from computerized social service, education, and health records; open data portals; social media posts; web searches; and mobile GPS devices and sensors can help to illuminate social problems and propel effective solutions. Technological innovations have made it possible to manage and analyze such digital assets in real time. Despite the technological progress, the social sector has been slow to incorporate a continuous flow of data analytics to inform policy and practice.


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BUSINESS STRATEGY

Revenue Growth and Increased Profitability mark Subex’s Q2FY21 Results

subex | November 09, 2020

Subex, a pioneer in the space of Digital Trust, today announced its consolidated financial results for the quarter ended September 30, 2020. Performance Highlights for the quarter ended September 30, 2020: Revenue for the quarter at INR 933 million as against INR 857 million in Q2FY20 EBITDA for the quarter at INR 254 million as against INR 207 million in Q2FY20 EBITDA excluding Forex gains/losses for the quarter at INR 298 million as against INR ­­­178 million in Q2FY20 Profit after Tax (PAT) for the quarter at INR 123 million as against INR 63 million in Q2FY20 Vinod Kumar, Managing Director & CEO, Subex, said, “During a period where the industry as a whole is continuing to come to grips with the ‘new normal’, we are very pleased to report both revenue and profit growth for the second quarter of FY21. Market traction, along with our singular focus on Digital Trust, is slowly building the growth momentum. Despite the challenges of remote working, we are performing well on delivery and operations. With the recent appointment of our new CTO, we have augmented the management bandwidth required to drive an exciting product roadmap intended to expand our digital trust portfolio. We will also be strengthening our engagement with global strategic partners around our new solutions and technology areas such as blockchain, AI/ML to drive wider market adoption.“ Commenting on the results, Anil Singhvi, Chairman of the board, said, “Despite business challenges globally due to Pandemic, Subex has done very well. Continued good performance on all fronts, cleaned up balance sheet and improved free cash flows, are enabling us to invest in newer businesses and service our reduced capital base well” Highlights of the Quarter Launched Partner Ecosystem Management which will allow CSPs to accelerate their digital services portfolio expansion Listed as a Sample Provider for Augmented Analytics in Gartner’s Emerging Technologies and Trends Impact Radar for Artificial Intelligence in Telecom report Selected by a Tier-I Middle East operator for ROC Revenue Assurance and ROC Fraud Management Secured a new deal with a regulatory body in Africa to validate the revenues reported by operators in the region and the associated license fees Update on Capital Reduction Completed the capital reduction process Trading of new Subex shares commenced w.e.f. 5th November, 2020 About Subex Subex is a pioneer in enabling Digital Trust for businesses across the globe. Founded in 1994, Subex has spent over 25 years in helping global Communications Service Providers maximize their revenues and profitability. With a legacy of having served the market through its world-class solutions for business optimization and analytics, Subex is now leading the way by enabling all-round Digital Trust in the business ecosystems of its customers. Focusing on privacy, security, risk mitigation, predictability, and confidence in data, Subex helps businesses embrace the disruptive changes in the business landscape and succeed with Digital Trust. Subex leverages its award-winning product portfolio in areas such as Revenue Assurance, Fraud Management, Network Analytics, and Partner Management, and complements them through its digital solutions such as IoT Security and Insights. Subex also offers scalable Managed Services and Business Consulting services. Subex has more than 300 installations across 90+ countries.

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BIG DATA MANAGEMENT

NV5 Acquires AT Advanced Technologies, Strengthening Data Center Commissioning and Mission Critical Services

NV5 | December 28, 2021

NV5 Global, Inc. , a provider of compliance, technology, engineering, and environmental consulting solutions, announced today that it has acquired AT Advanced Technologies Asia Pacific Pte. Ltd. (AT), an international consulting firm providing commissioning management and engineering services for high tech facilities and data centers. AT’s clients include large international technology and financial companies that depend on the efficiency and reliability of mission-critical data centers for their day-to-day operations. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5’s earnings. “Data center commissioning and mission critical engineering is a high-margin, high-growth sector that NV5 entered in early 2021 with the successful acquisition of Industrial Design Associates International. Singapore is one of the largest and fastest growing data center markets in the world, and AT Advanced Technologies’ give us a competitive edge in capitalizing on data center market growth in Singapore and throughout Southeast Asia.” Dickerson Wright, PE, Chairman & CEO of NV5 Founded in 1999, AT has completed more than 350 projects in Asia and Australia and operates out of three offices in Singapore, Hong Kong, and India. “We are excited to join NV5 and the acquisition strengthens our existing platform for further expansion,” said Victor John Carey, CEO and Founder at AT Advanced Technologies. “AT Advanced Technologies complements our energy efficiency and building analytics services and expands our international commissioning capabilities. We look forward to presenting our combined capabilities to existing customers and new client pursuits,” said Gary Hui, PE, Vice President of NV5 Energy Efficiency and Mission Critical Services. About AT Advanced Technologies AT Advanced Technologies is a building services engineering, commissioning management, and energy management consulting firm providing clients with integrated skills and expertise to match the expectation of blue chip multi-national companies. With a unique blend of qualified technical staff from the UK, Australia, Singapore, and various countries in South East Asia, AT Advanced Technologies delivers world class services to clients in the financial and technology markets. AT Advanced Technologies is a member of the USGBC (LEED), the Commissioning Specialists Association (CSA) and is bizSAFE Star certified. About NV5 NV5 Global, Inc. is a provider of compliance, technology, engineering, and environmental consulting solutions for public and private sector clients supporting sustainable infrastructure, utility, and building assets and systems. The Company focuses on multiple verticals: testing, inspection & consulting, infrastructure, utility services, buildings & program management, environmental health sciences, and geospatial technology services to deliver innovative, sustainable solutions to complex issues and improve lives in our communities. NV5 operates out of more than 100 offices nationwide and abroad.

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BIG DATA MANAGEMENT

Databricks Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for Cloud Database Management Systems

Databricks | December 20, 2021

Databricks, the Data and AI company and pioneer of data lakehouse architecture, today announced that Gartner has positioned Databricks as a Leader in its 2021 Magic Quadrant for Cloud Database Management Systems (DBMS) report for the first time. In combination with its positioning as a Leader in the 2021 Gartner® Magic Quadrant for Data Science and Machine Learning Platforms (DSML) report earlier this year, Databricks is now the only cloud native vendor to be recognized as a Leader in both Magic Quadrant reports. The Gartner report evaluated 20 different vendors based on completeness of vision and ability to execute within the rapidly evolving market. "We consider our positioning as a Leader in both of these reports to be a defining moment for the Databricks Lakehouse Platform and confirmation of the vision for lakehouse as the data architecture of the future. We're honored to be recognized by Gartner as we've brought this lakehouse vision to life. We will continue to invest in simplifying customers' data platform through our unified, open approach." Ali Ghodsi, CEO and Co-Founder of Databricks We believe the uniqueness of the achievement is in how it was accomplished. It is not uncommon for vendors to show up in multiple Magic Quadrants each year across many domains. But, they are assessed on disparate products in their portfolio that individually accomplish the specific criteria of the report. The results definitively show that one copy of data, one processing engine, one approach to management and governance that's built on open source and open standards – across all clouds – can deliver class-leading outcomes for both data warehousing and data science/machine learning workloads. We feel our position as a leader in the 2021 Magic Quadrant for DBMS underscores a year of substantial growth for the company. These milestones include the announcement of its fifth major open source project Delta Sharing, the acquisition of cutting-edge German low-code/no-code startup, 8080 Labs, as well as raising a total of $2.6 billion in funding in 2021 at a current valuation of $38 billion to accelerate the global adoption of its lakehouse platform. Gartner, "2021 Cloud Database Management Systems," Henry Cook, Merv Adrian, Rick Greenwald, Adam Ronthal, Philip Russom, December 14, 2021 Gartner, "2021 Magic Quadrant for Data Science and Machine Learning Platforms," Peter Krensky, Carlie Idoine, Erick Brethenoux, Pieter den Hamer, Farhan Choudhary, Afraz Jaffri, Shubhangi Vashisth, March 1, 2021 Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Databricks Databricks is the data and AI company. More than 5,000 organizations worldwide — including Comcast, Condé Nast, H&M, and over 40% of the Fortune 500 — rely on the Databricks Lakehouse Platform to unify their data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe. Founded by the original creators of Apache Spark™, Delta Lake and MLflow, Databricks is on a mission to help data teams solve the world's toughest problems.

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BIG DATA MANAGEMENT

Software AG, SAP partner on industry 4.0 data

Software AG | February 24, 2021

Software AG and SAP have partnered to better surface supply chain management data with the aim of improving product quality. The news, which landed as Software AG held its Capital Markets Day, highlights how multiple players are forming partnerships to focus on the industry 4.0 market. Software AG's alliance with SAP will combine SAP's S/4HANA Cloud with Software AG's TrendMiner, which is self-service industrial analytics software for smart factories. According to the companies, the partnership will bring sensor-generated time-series data into the analytics and operational performance fold. Software AG in January reported bookings growth of 31% in the fourth quarter and 24% for 2020. Digital transformation drove demand for Software AG. For 2020, Software AG reported revenue of €834.8 million, down 3.8% from a year ago. Net income (non-IFRS) was €125.4 million. Software AG said that it will "double down on its existing strategy by focusing on five priority areas, namely: continuing to develop its subscription growth engine, fostering product innovation, driving internal simplification to improve productivity, progressing the ongoing cultural transformation driving its success, and taking a more proactive stance towards Mergers & Acquisitions."

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Spotlight

The digital revolution is producing vast quantities of social, psychological, and organizational data that social workers can harness to address society’s most difficult problems. Data from computerized social service, education, and health records; open data portals; social media posts; web searches; and mobile GPS devices and sensors can help to illuminate social problems and propel effective solutions. Technological innovations have made it possible to manage and analyze such digital assets in real time. Despite the technological progress, the social sector has been slow to incorporate a continuous flow of data analytics to inform policy and practice.

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