With the acquisition of OPS Rules, a boutique analytics consulting company that specializes in the application of data science to create supply chain and operations analytics solutions, Accenture is seeking to expand its machine learning and operations analytics capabilities.

Its team of operations analytics professionals that apply machine learning and optimization techniques to develop fresh and innovative analytics approaches for clients across many industries would be increased by Accenture after the completion of the acquisition. However none of the companies disclosed the terms of the transaction.

OPS Rules has offices in Waltham, Massachusetts and Richardson, Texas and was founded in 2012. A Professor of Engineering Systems at the Massachusetts Institute of Technology (MIT) and renowned supply chain and operations analytics expert, David Simchi-Levi is the leader of OPS Rules.

Accenture’s Data Science Center of Excellence, an innovation team that focuses on solving immediate and complex client problems through advanced analytics approaches, including machine learning, deep learning, text analytics and more and the Accenture Analytics, part of Accenture Digital would be joined by Simchi-Levi and his team.

To help companies improve operations and enhance business results, OPS Rules provides multi-echelon inventory optimization, custom supply chain analytics, supply chain risk management and dynamic pricing services and the company serves clients in the consumer packaged goods, high-tech, life sciences and industrial sectors.

“Under David Simchi-Levi’s leadership, the team at OPS Rules has been extremely innovative in applying machine learning to optimize various business operations including supply chains, procurement risk and dynamic pricing for the retail industry and beyond. We are delighted to welcome them to the Accenture Analytics team,” said Narendra Mulani, chief analytics officer, Accenture Analytics.

“OPS Rules’ expertise and techniques will continue to enhance our ability to create value at scale for our clients through data-driven transformations,” he added.

“Our mission is in total alignment with Accenture Analytics – meaning every day we are focused on helping clients identify and capture hidden opportunities in their data,” said David Simchi-Levi, chairman of OPS Rules.

“By joining Accenture, we will be able to tap into its global footprint, ability to deliver at scale, and deep industry knowledge to collaborate on advanced and operational analytics strategies that can empower even greater change. Together, we can help clients to innovate through advanced data science and transform into insight-driven enterprises,” he added.

New analytics capabilities for its clients is constantly being developed and delivered by Accenture. The Accenture Cyber Intelligence Platform, a security solution that uses machine learning and streaming analytics to help organizations identify network-born cyber threats and the Accenture Insights Platform, a cloud-based analytics-as-a-service solution designed to simplify analytics and deliver real-time actionable insights were launched by the company within the past year.

Gapso, an advanced analytics services and solutions provider based in Brazil that specialized in solving complex supply chain and logistics challenges, has also been acquired by Accenture.

(Adapted from Streetinsider)