Accenture, a global management consulting and professional services company worked on the strategic alliance with Paxata, a self-service data preparation software developer. Accenture made a small investment in it to expertise in analytics and big data business outcomes for customers. The amount invested remains undisclosed.
The two companies assure empowering customers with “exceptional data control across multiple data sources. This will speed time-to-business-insight and free up IT resources, allowing scarce data talent to work on strategic data architecture, rather than tactical data preparation.”
The companies jointly said Paxata’s Adaptive Information Platform and self-service data prep application will surface in the Accenture Insights Platform (AIP). AIP is a cloud-based analytics-as-a-service solution developed to solve business problems supporting a data-driven culture.
The companies deal is explicated below: