New strategic relationship expands Accenture Security’s ability to help
organizations scale their approach to using data analytics, machine
learning, behavioural analytics and advanced visualisations
NEW YORK & LONDON (BUSINESS WIRE) Accenture (NYSE:ACN) has formed a strategic alliance with Ripjar, a data
intelligence company based in the United Kingdom, and has made a
minority investment in Ripjar throughAccenture
The move will expand Accenture Security’s capability indata fusion, automated analytics, and machine learning to help
organizations improve the way they tackle global security challenges.
Terms of the transaction were not disclosed.
As part of the alliance, Accenture Security will leverage Ripjar’s
next-generation strategic intelligence platform, Labyrinth, which gives
Accenture the ability to fuse, analyse and orchestrate data to help its
clients work on important strategic issues including public safety,
financial crime, and the prevention and detection of cyberattacks.
“With the explosion of connected devices, predicting and detecting
cyberattacks from a massive volume of data has become as difficult as
finding a needle in a field of haystacks,” said Kelly Bissell, senior
managing director of Accenture Security. “Ripjar’s unique intelligent
analytics capabilities provide significant insight into complex
investigations and deliver greater situational awareness of complex
threats. Our minority investment in Ripjar reinforces our commitment to
provide clients with innovative solutions to safeguard their systems,
networks and people.”
Building on decades of experience in data analytics within the British
intelligence community, Ripjar’s unique technology provides a
comprehensive suite of integrated tools and data visualizations to drive
detailed forensic analysis that helps organizations more effectively
process, understand and glean strategic insights from any structured or
unstructured data source using artificial intelligence.
“Tackling growing global challenges requires innovative and scalable
approaches,” said Tom Griffin, CEO, Ripjar. “Accenture Security’s global
reach, deep industry experience and innovation-led approach, combined
with Ripjar’s technology, is a real game changer for supporting global
organizations in the fight against cybercrime.”
The relationship with Ripjar was driven by Accenture Ventures, which
focuses on teaming with and investing in companies that create
innovative enterprise technologies. Through extensive relationships with
startups, entrepreneurs, investors, academics, venture capitalists and
corporate R&D groups around the world, Accenture Ventures invests in,
and teams with, promising sources of innovation in the market.
“Accenture’s investment in Ripjar formalizes our strategic relationship
as we work together to industrialize its technology to embed artificial
intelligence, analytics, big data and machine learning into the fabric
of our clients’ systems globally,” said Josh Kennedy-White, managing
director, Accenture Security. “This toolset will now enable clients to
stay on the front foot against financial criminals and cyber
adversaries.”
About Accenture
Accenture is a leading global professional services company, providing a
broad range of services and solutions in strategy, consulting, digital,
technology and operations. Combining unmatched experience and
specialized skills across more than 40 industries and all business
functions underpinned by the world’s largest delivery network
Accenture works at the intersection of business and technology to help
clients improve their performance and create sustainable value for their
stakeholders. With 449,000 people serving clients in more than 120
countries, Accenture drives innovation to improve the way the world
works and lives. Visit us at www.accenture.com .
Accenture Security helps organizations build resilience from the inside
out, so they can confidently focus on innovation and growth. Leveraging
its global network of cybersecurity labs, deep industry understanding
across client value chains and services that span the security
lifecycle, Accenture helps organizations protect their valuable assets,
end-to-end. With services that include strategy and risk management,
cyber defense, digital identity, application security and managed
security, Accenture enables businesses around the world to defend
against known sophisticated threats, and the unknown. Follow us
@AccentureSecure on Twitter or visit us at www.accenture.com/security .
About Ripjar
Founded by former members of the UK’s Government Communications
Headquarters (GCHQ), and backed by UK global investment management and
data science company, Winton, Ripjar develops software products that
combine automation, artificial intelligence, and data visualisation to
enable a new type of augmented analysis that can help tackle complex and
new threats to society including money laundering, cybercrime and
terrorism.
Copyright 2018 Accenture. All rights reserved. Accenture, its logo,and High Performance Delivered are trademarks of Accenture.
Contacts
Accenture
Alison Geib, 703-947-4404
alison.geib@accenture.com
or
Ripjar
media@ripjar.com
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