June 21, 2013 – Skolkovo Foundation, a non-commercial organization established with the aim of development and commercialization of new technologies in Russia and Accenture (NYSE:ACN) signed an agreement on cooperation with the goal of establishment of an Accenture Center for development of solutions in the sphere of predictive analytics at Skolkovo.
Accenture Center at Skolkovo will develop a wide range of solutions in the sphere of predictive analytics which could be used for increase of efficiency of predicting, planning and making business decisions.
Predictive analytics is one the most modern and dynamically developing directions in business analytics, which involves modeling future events on the basis of analysis of the current situation and history of its development. Instrumentally predictive analytics covers many methods of statistical and intellectual analysis of data making it possible to reveal most probable scenarios for development, connected to a certain set of conditions. This allows identifying risks and possibilities for business development and leads to increase of efficiency for taking managerial decisions.
Innovation Center Skolkovo was created as a hub for international intellectual capital used for development of new technologies and support of innovative startups. It already has R&D labs of a number of large global companies on its territory. Accenture will join them.
It is planned that the Center will start its work in July 2013 and reach planned capacity by the end of 2014.
During the first two years Accenture Development Center at Skolkovo will be focused on the following directions:
The priority during the first stage of works of the Accenture Center will be given to development of solutions for industries in energy and oil and gas sectors.
The staff for solutions development in the sphere of predictive analytics will be formed by attracting both Russian and foreign specialists.
Senior vice-president for development and commercialization of the Skolkovo Foundation Vasiliy Belov marked: “Skolkovo Innovation Center is glad about the beginning of this cooperation with such a respected global company as Accenture, well-known for its deep competence in the sphere of managerial consulting and analytics as well as skills to effectively implement best sector solutions and thus create additional value for businesses. We hope that our cooperation will lead to a breakthrough in the sphere of application of predictive analytics solutions and will create new competitive advantages for Russian companies.”
“Russia is one of the priority markets for Accenture and we expect our investments to promote economic development in the country, as well as allow creation of new technologies and support of startups in cooperation with other global residents of Skolkovo”, said Vartan Dilanyan, Managing Director at Accenture in Russia. “We began our cooperation with the Skolkovo Foundation taking into consideration its high international status as well as quality of technological clusters, university and other important infrastructure, which is all combined in this project. This is a favourable place for the development of predictive analytics which are designed to help our clients to use all data about their current business processes for effective decision-making that will lead to real business results.”
Accenture is a global company providing services in the sphere of managerial consulting, technologies and outsourcing. More than 261,000 specialists at Accenture work in 120 countries around the world. Using its unique industrial and technological expertise and comprehensive service possibilities for all economic sectors and also thoroughly having learned from the experience of the most successful world companies, Accenture helps increasing business efficiency for its clients – both commercial companies and state organizations. Net profit of the company for the financial year ending on August 31, 2012 equaled to USD 27,9 billion. For more detailed information about the company see their website www.accenture.com