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Accenture Forms Strategic Alliance and Invests in Data Intelligence Company Ripj ...

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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 through

Accenture

The move will expand Accenture Security’s capability in

data fusion, automated analytics, and machine learning to help

organizations improve the way they tackle global security challenges.

Terms of the transaction were not disclosed.


Accenture Forms Strategic Alliance and Invests in Data Intelligence Company Ripj ...

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
Accenture Forms Strategic Alliance and Invests in Data Intelligence Company Ripj ...
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