Accenture Betting on Computer Vision in Asia

By • on August 31, 2018

The WARC website reported that Accenture, the global consultancy, has formed a strategic alliance with and has invested in the computer-vision start-up Malong Technologies, in a move that hints at the company’s China growth strategy and its belief in the commercial application of AI. The deal is Accenture Venture’s first investment in China, and falls under the company’s Open Innovation mantra, which effectively brings its clients closer to young companies working on big ideas, ideas in which Accenture will then have a stake. The value of the investment was not made public. Already, the focus of the deal – which both sides refer to as an alliance – is on developing joint industry solutions and go-to-market activities.

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