Accenture Takes the Next Step in Industrial AI with Flutura Acquisition

Accenture has announced its acquisition of Flutura, a Bangalore-based industrial artificial intelligence (AI) company. The acquisition of Flutura will enhance Accenture's industrial AI services, improving the performance of plants, refineries, and supply chains, and aiding clients in achieving their net-zero targets more efficiently. The company intends to integrate Flutura's capabilities into its offerings for the energy, chemicals, metals, mining, and pharmaceutical sectors. The terms of the deal have not been disclosed.

Flutura is an Industrial AI company that specializes in generating valuable operational outcomes for industries such as Energy, Chemicals, Process Manufacturing, and Heavy Engineering. Its platform, Cerebra, integrates First Principle-based and Machine Learning models to produce actionable insights for reliability, production, supply chain, and quality functions, resulting in higher yield, uptime, and sustainability outcomes for industrial facilities. Flutura's goal is to help its clients achieve billion-dollar outcomes and empower 100,000 industrial engineers to solve engineering problems using data science. Company has offices in Houston, Palo Alto, and Bengaluru, India.

With around 110 experts, Flutura is dedicated to providing industrial data science services to manufacturers and asset-intensive businesses. The company's AI platform offers self-service solutions for advanced analytics, allowing teams in process, asset management, and reliability engineering to evaluate, predict, and improve asset performance, throughput, reliability, and energy efficiency outcomes in production and manufacturing facilities. On Flutura's AI platform, industrial engineers and data scientists can rapidly create digital models of industrial assets by processing data from various IT and operational technology systems.

Accenture is a global professional services firm that provides a range of services in strategy, consulting, digital, technology, and operations. With operations in over 120 countries, Accenture helps clients from a variety of industries to become high-performance businesses and governments. The company employs over 738,000 people worldwide and has a reputation for innovation, diversity, and sustainability.

The acquisition of Flutura is an important move for Accenture in expanding its capabilities in industrial AI and providing more comprehensive services to its clients in multiple industries. By incorporating Flutura's expertise and industry-leading platform, Cerebra, into its portfolio, Accenture will be able to offer enhanced solutions to improve operational outcomes, increase performance, and accelerate the path to net-zero goals for its clients. This acquisition is a clear demonstration of Accenture's commitment to innovation and helping its clients navigate the complex challenges of the digital age.