Accenture (ACN) Expands Palantir Capabilities With RANGR Data Acquisition and New AI Investments

Accenture Plc. (NYSE:ACN) ranks among the best slow growth stocks to invest in. On November 20, Accenture Plc. (NYSE:ACN) acquired RANGR Data, a Palantir partner with extensive experience using a client-centric strategy to drive scaled transformation. The acquisition is expected to expand Accenture’s Palantir business in the US by adding 40 employees with experience in Palantir Foundry and AIP to Accenture’s team. It will strengthen the base of forward-deployed engineers who design, develop, and implement customized solutions in close collaboration with clients.

This follows Accenture’s current trend of continued investments in AI to speed up consumer transformations. To improve client capacity to monitor marketing ROI and boost revenue through AI-driven insights, the company recently invested in Alembic, an AI-powered marketing intelligence platform.

Accenture Plc. (NYSE:ACN) is also in collaboration with PPL Corporation and Apptio to create a new digital financial management platform that streamlines reporting and delivers real-time financial data for business planning.

Accenture Plc. (NYSE:ACN) is a global professional services company that provides strategy, consulting, technology, and operations services to help businesses reinvent themselves using technology, data, and AI. It offers guidance in areas such as cloud computing, artificial intelligence, and digital transformation, among others.

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