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Deal establishes an additional regional hub beneath Bain’s world Superior Analytics Group.
Bain & Firm has acquired PiperLab, a European supplier…
“Our acquisition of PiperLab will improve our potential to assist shoppers remedy a few of their most complicated challenges on the intersection of enterprise, information science and engineering – a activity that may usually be difficult, particularly throughout the brand new period of generative AI,” mentioned Roy Singh, Bain & Firm accomplice and world head of the agency’s Superior Analytics observe.
Ignacio Otero, managing accomplice of Bain & Firm in Iberia, mentioned: “The demand by shoppers for high tech expertise is growing quickly as corporations decide methods to greatest leverage their information for aggressive benefit. Our imaginative and prescient is to create an analytics powerhouse in Europe not solely to raised assist our regional shoppers, however to contribute and add worth to Bain’s world AAG efforts in our supply of world-class work on AI initiatives by our shoppers throughout the area.”
Previous to changing into a part of Bain, PiperLab constructed a powerful observe document all through the area and throughout business sectors, together with in insurance coverage, telecoms, utilities, logistics, digital and media, and different industries, working with shoppers from world companies to small startups. It should now kind a part of Bain’s larger AAG world ecosystem consisting of greater than 500 information scientists, machine studying engineers and operations analysis consultants all working to carry holistic enterprise and know-how options to shoppers worldwide.
The PiperLab deal marks the most recent in a sequence of 26 acquisitions and investments by Bain within the final 5 years, with a sequence of more moderen offers targeted on enhancing the agency’s digital choices by way of AAG and Bain’s wider Vector digital practices.
SOURCE: Bain & Firm
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