Interos

Interos specializes in operational sustainability and supply chain risk management, monitors global business relationships, and identifies risks through machine learning.^[1]

History

2022: Investment from Accenture Ventures

Accenture announced on January 24, 2022 that TAdviser was investing in Interos, a provider of business sustainability and supply chain security solutions. The deal is between Interos and the venture capital arm of Accenture Ventures. The financial terms of the transaction are not disclosed.

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  Accenture acquired the developer IB Interos platforms
  Photo: arlnow.com

An Interos study showed that large companies lose an average of $184 million annually due to supply chain failures. The platform developed by Interos uses technology AI machine learning to monitor and analyze problems arising in supply chains. Monitoring is carried out in real time in a number of risk categories, including financial, operational, management, geographical possible. cyber threats Monitoring data are stored cloud in Operational Resolution Cloud, which allows you to analyze more than 30 million unique records obtained from various sources from both public, scientific governmental and commercial data sets.

"It is important for companies to better analyze and manage not only vulnerabilities from the internal loop, but also to assess potential risks that arise throughout the supply chains," says Kelly Bissell, head of Accenture Security. "Together with Interos, we can help customers see" blind spots "in distributed supply chains involving companies from around the world."

For her part, Jennifer Bisceglie, CEO of Interos, noted that ongoing failures in distributed supply chains are only worsening, they raise problems and risks of business sustainability from the level of warehouse outfits to the level of meetings of top managers. According to her, Interos solutions allow you to transform the ecosystem within the supply chain, analyzing from different angles, optimizing integration, classifying and prioretizing and preventing risks, including those associated with cyber threats.

"The investments received from Accenture will allow us to enter new markets around the world," Jennifer Biselli added.

The cost of Interos is estimated at more than $1 billion. The company joined the Accenture Ventures Project Spotlight program, which brings together technology startups in the field of strategic innovation.

"The acquisition of Interos will allow Accenture to implement comprehensive solutions to ensure the safety of existing supply chains, as well as optimize supply chains in constantly changing external conditions," said Andrei Averin, senior manager of Accenture.

According to him, Russian companies pay special attention to the safety of supply chains. Interos solutions will allow Accenture to expand the range of services offered, including for the Russian market.

"Interos products can be integrated with SAP Ariba-based solutions used by companies, significantly expanding their capabilities," said Andrei Averin.

Notes