Industry News — Consulting Point

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Technology

IBM enhances network IT automation capabilities with Pliant acquisition

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IBM enhances network IT automation capabilities with Pliant acquisition

Tech giant makes strategic purchase to further boost software networking capabilities, offering customers the tools to enable network infrastructure observability, connectivity, control and automation across hybrid cloud environments.

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Accenture books $600m in AI revenue as tech consulting push continues

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Accenture books $600m in AI revenue as tech consulting push continues

Accenture took in $600m from generative AI advice in its latest quarter, as consultancies race to win a slice of a lucrative new revenue stream.

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AlixPartners expands Performance & Technology practice in Southeast Asia with new Partner & Managing Director, Michael Mo

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AlixPartners expands Performance & Technology practice in Southeast Asia with new Partner & Managing Director, Michael Mo

Singapore (12 Mar 2024) - AlixPartners, the global consulting firm, today announced that Michael Mo has joined its Performance & Technology practice as a Partner & Managing Director in the Singapore office.

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Cognizant, Nvidia tap generative AI to boost drug discoveries

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Cognizant, Nvidia tap generative AI to boost drug discoveries

Global IT services and consulting major Cognizant is tapping generative AI (gen AI) technology along with the Nvidia BioNeMo platform to help improve productivity of drug discoveries and speed up its market reach pushing growth in its health sciences vertical.

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Bain & Company acquires PiperLab to scale up AI, ML offerings for clients across EMEA

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Bain & Company acquires PiperLab to scale up AI, ML offerings for clients across EMEA

Deal establishes a further regional hub under Bain’s global Advanced Analytics Group

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Accenture to Acquire Arηs Group

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Accenture to Acquire Arηs Group

Accenture (NYSE: ACN) is to acquire Arηs (pronounced Aris) Group, a Luxembourg based technology services provider focused on supporting public sector transformation across Europe.

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KPMG: Procurement Facing a ‘Critical Year’

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KPMG: Procurement Facing a ‘Critical Year’

Chris McCarney, Principal, Procurement & Outsourcing Advisory Leader at KPMG, explains the essential challenges facing the sector

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West Monroe Promotes 7 New Managing Directors

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West Monroe Promotes 7 New Managing Directors

Group reflects firm’s mission to build the next generation of leaders for clients and the community

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Accenture launches generative AI studio in Dublin office

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Accenture launches generative AI studio in Dublin office

Accenture has opened a new generative AI studio at its Dublin office, where clients will be able to explore the technology and conduct generative AI pilots.

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Manish Prasad appointed president and MD for SAP Indian Subcontinent

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Manish Prasad appointed president and MD for SAP Indian Subcontinent

Prasad succeeds Kulmeet Bawa, who takes on a global role for SAP

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Accenture to Acquire Mindcurv to Expand Composable Commerce Capabilities

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Accenture to Acquire Mindcurv to Expand Composable Commerce Capabilities

ESSEN, Germany; Feb. 28, 2024 – Accenture (NYSE: ACN) has agreed to acquire Mindcurv, a cloud-native digital experience and data analytics company specializing in composable software, digital engineering and commerce services for more than 200 clients worldwide.

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India’s AI market seen touching $17 bln by 2027, notes Nasscom-BCG report

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India’s AI market seen touching $17 bln by 2027, notes Nasscom-BCG report

MUMBAI, Feb 20 (Reuters) - India’s artificial intelligence market is projected to touch $17 billion by 2027, growing at an annualised rate of 25-35% between 2024 and 2027, IT industry body Nasscom and consulting firm BCG said on Tuesday, citing a joint report studying AI-powered tech in the country.

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EY’s Catriona Campbell awarded MBE for services to technology and innovation

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EY’s Catriona Campbell awarded MBE for services to technology and innovation

Catriona Campbell, EY’s UK & Ireland Chief Technology and Innovation leader, has been awarded an MBE in the new year’s honours list.

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dss+ Acquires ADS System Safety Consulting

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dss+ Acquires ADS System Safety Consulting

The acquisition adds the specialized capabilities and deep expertise of the largest U.S. consultancy dedicated to public transport system safety, system security and fire and life safety.

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ACCC brings in DXC Technology for Consumer Data Rights project

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ACCC brings in DXC Technology for Consumer Data Rights project

The Australian Competition and Consumer Commission has brought in DXC Technology to manage its Consumer Data Rights platform.

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Cognizant wins five-year IT services contract with Nike

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Cognizant wins five-year IT services contract with Nike

Cognizant, a global IT consulting firm, has won a five-year contract to help sportswear retailer Nike transform and support its technology operations.

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Why technology startups are key to Australia's space sector

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Why technology startups are key to Australia's space sector

In the run-up to the second edition of the Future Technology Program, a joint KPMG and Stone & Chalk accelerator for local space startups, Stone & Chalk CEO Michael Bromley outlines why startups are key to Australia’s bourgeoning space sector.

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Australian consultancy Elabor8 joins global player Cprime

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Australian consultancy Elabor8 joins global player Cprime

US-based international agile and technology consultancy Cprime has acquired local player Elabor8, adding 140 professionals in a deal that will expand both party’s presence across the Asia Pacific.

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IBM Consulting launches Japan Innovation Hub in the Philippines

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IBM Consulting launches Japan Innovation Hub in the Philippines

IBM Consulting has doubled down on its commitment to South East Asia with the launch of a new Innovation Hub in the Philippines.

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Tech firms dominate Deloitte’s best managed companies list

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Tech firms dominate Deloitte’s best managed companies list

Australian tech services outfits have dominated the third cycle of Deloitte Private’s Best Managed Companies list, including returnees InfoTrack and Kinetic IT and new entrants TSA Group and AC3.

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