Atos acquisition of AI consulting firm looks promising

Atos, a France-primarily based worldwide IT providers business, obtained facts science and AI consulting agency Miner & Kasch in a bid to grow its big facts and AI-concentrated consulting apply. The acquisition of the Maryland-primarily based agency comes as enterprises ever more transfer out of AI pilot and experimentation phases and into deploying AI at scale.

The Miner & Kasch obtain, disclosed April 22, builds on Atos’ acquisition of consulting agency zData in 2017 and allows Atos to speed up its facts science service presenting. In between zData and Miner & Kasch, Atos now hasĀ  additional than a hundred AI consultants on workers.

AI at scale

The new acquisition appears to assistance Atos’ buyers take on facts science and AI tasks at scale, as properly as in carry in new buyers, claimed Alan Pelz-Sharpe, founder of sector advisory and investigate agency Deep Investigation.

Expert providers, like the types made available by Miner & Kasch, are just about always necessary to carry out and layout helpful AI purposes, Pelz-Sharpe claimed.

“Interest in AI was massive a number of decades ago, but practical knowledge has demonstrated that nevertheless the technological innovation is superior, buyers have pretty specific demands to deal with and implementation is frequently much from straightforward,” he claimed. “Exterior of specialized niche purposes this sort of as doc capture and autoclassification, AI is rarely ‘out of the box’ due to the fact it entails a large amount of facts instruction and modification to fulfill the customers’ specifications.”

Atos’ AI consultants “will I assume be kept pretty fast paced around the coming decades,” he added.

In accordance to Jerome Sandrini, head of big facts and safety in North The usa at Atos, the acquisition corresponds with Atos’ advancement tactic in North The usa.

“Atos is consistently searching at accelerating advancement in the most ground breaking domains of technological innovation this sort of as artificial intelligence and cybersecurity,” he claimed.

The business uncovered the proper goal in Miner & Kasch, which Sandrini claimed is a “pure participant” in AI and facts science consulting.

At odds

The Atos acquisition of Miner & Kasch arrived the exact same working day that Atos, a publicly traded business, eliminated its 2021 steering for investors and canceled its proposed 2019 dividends amid slumping sales most likely tied to the coronavirus pandemic.

AI and automation in basic will most likely knowledge a surge of interest and activity submit-pandemic.
Alan Pelz-SharpeFounder, Deep Investigation

Still, irrespective of the decrease than expected sales, Atos’ big facts and cybersecurity division experienced a sixteen.3% in profits in the to start with quarter around the to start with quarter of 2019.

“This illustrates that some pieces of the business will endure and some other will carry on to strongly complete as the demand from customers for AI and cybersecurity continues to be robust due to the fact they are frequently strategic to business continuity and transformation programs even additional urgently needed by some of our buyers,” Sandrini claimed.

Pelz-Sharpe also cautioned versus examining into the timing of the two announcements.

Acquisition deals like this routinely take around a calendar year to finalize, and as soon as they start off, are challenging to end.

“That claimed, nevertheless nobody can predict just about anything for confident proper now, AI and automation in basic will most likely knowledge a surge of interest and activity submit-pandemic,” Pelz-Sharpe claimed. “So, a person can argue the timing is in truth fantastic as just about every acquisition takes time to settle and combine into the complete.”

In a different current transfer, Atos finalized the acquisition of Google Cloud Premier partner Maven Wave in February.

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