Accenture to develop innovative analytics with the acquisition of OPS Rules

Global consulting and technology services pioneer Accenture has acquired OPS Rules, a boutique analytics consulting company in an effort to expand its machine learning and operations analytics capabilities. Founded in 2012, OPS Rules specializes in the application of data science to create supply chain and operations analytics solutions. It is led by David Simchi-Levi, a Professor of Engineering Systems at the Massachusetts Institute of Technology (MIT) and renowned supply chain and operations analytics expert. Simchi-Levi and his team will soon be a part of Accenture Analytics, and Accenture’s Data Science Center of Excellence, an innovation team that deploys tactics to resolve immediate and complex client problems through advanced analytics approaches, including machine learning, deep learning, text analytics and more.
“Under David Simchi-Levi’s leadership, the team at OPS Rules has been extremely innovative in applying machine learning to optimize various business operations including supply chains, procurement risk and dynamic pricing for the retail industry and beyond. We are delighted to welcome them to the Accenture Analytics team,” said Narendra Mulani, chief analytics officer, Accenture Analytics. “OPS Rules’ expertise and techniques will continue to enhance our ability to create value at scale for our clients through data-driven transformations.”
The completion of the acquisition will add new operations analytics professionals to Accenture’s team that apply machine learning and optimization techniques to develop fresh and innovative analytics approaches for clients across many industries.
“Our mission is in total alignment with Accenture Analytics – meaning every day we are focused on helping clients identify and capture hidden opportunities in their data,” said David Simchi-Levi, chairman of OPS Rules. “By joining Accenture, we will be able to tap into its global footprint, ability to deliver at scale, and deep industry knowledge to collaborate on advanced and operational analytics strategies that can empower even greater change. Together, we can help clients to innovate through advanced data science and transform into insight-driven enterprises.”
Accenture is relentlessly extending its capabilities to develop and deliver new analytics capabilities for its clients. A tie-up with OPS Rules comes across as instrumental to this goal as the latter already serves clients in the consumer packaged goods, high-tech, life sciences and industrial sectors. Last one year has witnessed the launch of Accenture Insights Platform, a cloud-based analytics-as-a-service solution designed to simplify analytics and deliver real-time actionable insights, and the Accenture Cyber Intelligence Platform, a security solution that uses machine learning and streaming analytics to help organizations identify network-born cyber threats. Accenture also acquired Gapso, an advanced analytics services and solutions provider based in Brazil that specialized in solving complex supply chain and logistics challenges.

Abhinav Mohapatra

An author who has a keen interest for the ‘off-beat’ <!--more-->An author who has a keen interest for the ‘off-beat’, he has covered and explored multiple facets of the marketing, advertising

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