Mudano

Mudano is the British consulting company helping representatives of the financial sector to analyze data. She uses tools of analytics and technology of intellectual data processing that banks, insurance companies and firms which are engaged in the investment management could understand better habits of clients, prevent financial crimes, etc.

History

2020: Accenture purchased Mudano

At the beginning of February, 2020 Accenture announced Mudano acquisition, but did not begin to set the price of purchase.

After closing of the transaction the British startup will join division of Accenture Applied Intelligence in which specialists in the theory and methods of the analysis, engineers of data and professionals in artificial intelligence work. These employees work with analytics, data and AI tools which Accenture has.

Accenture announced Mudano acquisition, but did not begin to set the price of purchase

According to the ZDNet edition on February 3, 2020, for the last several months division extended due to acquisitions. So, Accenture purchased Clarity Insights, Pragsis Bidoop and Analytics8 as it sees growth potential as service provider using artificial intelligence.

Our impulse in Applied Intelligence for the last six months allows us to scale AI in scales for clients worldwide — the director of analytics and global head Accenture Applied Intelligence Athina Kanioura says. — Introducing new talents and opportunities in our business, we supplement our current strategy of organic growth and we increase work speed in the market.

Accenture practices the strategy of merge and absorption long ago in the aspiration to increase and strengthen the business. Only in 2019 the company made 33 acquisitions, having spent for them in the general of difficulties $1.2 billion^[1]

Notes