Accenture (ACN) Invests in CLIKA and Edge AI Expansion

Accenture plc (NYSE:ACN) ranks among the best predictive analytics stocks to buy right now. Accenture plc (NYSE:ACN) stated on August 21 that it will make investments in CLIKA, an AI compression platform firm, through its Accenture Ventures arm. In addition to speeding up the deployment of AI for edge devices, including smartphones, IoT endpoints, autonomous cars, and industrial robotics, the plan seeks to increase Accenture’s expertise in intelligent edge and infrastructure engineering.

The deal includes CLIKA joining Accenture Ventures’ Project Spotlight, a vertical accelerator for data and AI firms that gives access to Accenture’s business clients and domain knowledge. Additionally, to assist in bringing high-performance, small AI models to real-world devices across sectors, the partnership will focus on developing enterprise-ready edge AI capabilities for secure deployments at scale.

Accenture plc (NYSE:ACN), based in Dublin, Ireland, is a multinational professional services firm specializing in IT consulting, digital transformation, and management solutions. The company took its foray into predictive analytics over a decade ago and is on track to become a premier data company.

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Disclosure: None. This article is originally published at Insider Monkey.