Accenture has acquired Search Technologies, a Herndon, Virginia-based technology services firm specializing in the design, implementation and management of big data and search analytics. Terms of the transaction were not disclosed.
Search Technologies delivers enhanced content analytics capabilities using transactional and contextual data.
By applying artificial intelligence (AI) technologies, such as machine learning to this type of client data, Accenture can help generate more precise insights that drive improved business outcomes.
With the acquisition, Search Technologies is joining the existing community of data scientists and engineers within Accenture Analytics and will focus on developing and industrializing solutions that make unstructured content – from social media to video to voice and audio – easily searchable to support data discovery, analytics and large-scale reporting.
Search Technologies employs nearly 200 big data engineers and search experts from locations across the United States, Costa Rica, Europe and the Philippines.
Kamran Khan, president and CEO of Search Technologies, will lead a new Content Analytics team within Accenture Analytics.
By better understanding the context and sentiment behind transactions, organizations can deliver better customer experiences and business outcomes, said Narendra Mulani, chief analytics officer, Accenture Analytics. Combining Search Technologies’ data engineering expertise with Accenture’s data science, analytics and AI capabilities enhances will enhance Accenture’s ability to help clients become data-native, intelligent enterprises, he added.
Search Technologies’ proprietary Content Processing Framework and collection of API-level data connectors – which enable access to unstructured enterprise data across disparate and legacy systems – will be integrated into the Accenture Insights Platform (AIP). This will help clients embed analytics and AI into their business to generate new intelligence at speed and scale.
For more information about Accenture, go to www.accenture.com.