Accenture acquires Denmark-based AI firm Halfspace

NEW YORK: Accenture (NYSE: ACN) announced on Tuesday that it has acquired Halfspace, a Denmark-based AI company known for its award-winning solutions and products that help organizations leverage and scale artificial intelligence to make faster, more informed decisions.

The acquisition aims to enhance Accenture’s AI capabilities and talent pool in the Nordic region and across Europe. With the integration of Halfspace, Accenture plans to extend its Center for Advanced AI into the Nordics, focusing on aiding clients in capturing and creating value from AI technologies.

Founded in 2015, Halfspace specializes in developing AI and generative AI solutions that streamline complex business workflows and transform data into actionable insights. To date, Halfspace has delivered over 100 data and AI projects to large organizations in the Nordic region. This acquisition will expand Accenture’s footprint in the market.

“AI adoption is accelerating across enterprises faster than any prior technology. Our research shows that 69% of executives believe it brings new urgency to reinvention,” said Carsten Sachmann, Accenture’s lead for the Nordic region. “As one of the largest pure-play AI companies in Northern Europe, Halfspace expands and complements our AI capabilities and talent, enhancing our ability to help our clients benefit fully from the potential of AI.”

Halfspace will add nearly 80 highly qualified AI practitioners to Accenture’s Nordic AI practice. The team has expertise in various fields, including physics, engineering, mathematics, statistics, operations research, computer science, chemistry, economics, biology, and design. The company also maintains strong relationships with leading AI platform companies such as Databricks, Microsoft, and NVIDIA.

“AI innovation continues to grow at an unprecedented pace, but many organizations need support to effectively scale the technology across their operations,” said Matt Prebble, Accenture’s Data & AI lead for EMEA. “With the addition of Halfspace, we are expanding the footprint of our Center for Advanced AI in Europe, strengthening our ability to deliver impactful AI solutions to our clients in the region, helping them drive new levels of value and growth.”

Claus Bek Nielsen, CEO of Halfspace, added, “For the past ten years, we’ve been committed to delivering high-quality AI across industries to drive lasting value for our clients while attracting the brightest and most talented people. By joining forces with Accenture, we can further scale our solutions and industry reach, delivering even greater results for our clients across the Nordic region while creating exciting new opportunities for our team. We are proud to support the expansion of the Center for Advanced AI into the Nordics, with a laser focus on delivering AI excellence.”