July 12, 2018
Accenture Expands Touchless Testing Platform with Artificial Intelligence (AI) Technology from Real Time Analytics Platform, Inc.
NEW YORK; July 12, 2018 – Accenture (NYSE: ACN) has acquired an artificial intelligence (AI) technology from Bay Area, California-based Real Time Analytics Platform, Inc. The technology will be integrated into the Accenture Touchless Testing Platform, further strengthening its analytics and cognitive capabilities. Terms of the deal were not disclosed.
Real Time Analytics Platform leverages AI in the form of machine learning, neural networks and natural language processing (NLP) to analyze every stage of the software testing life cycle, enabling users to make data-driven decisions that reduce defects, optimize test case execution and enhance the power of human decision-making in this process. These capabilities complement the existing functionality of the Accenture Touchless Testing Platform to help enable extreme automation and usher in an era of AI-enabled services.
"Continuous testing is increasingly important as companies look to software as a means of competitive advantage," said Kishore Durg, senior managing director, Growth & Strategy and global testing lead for Accenture Technology. "With advances in AI and analytics we can find inefficiencies and eliminate them, improving business productivity by up to 50 percent. The integration of Real Time Analytics Platform will further enhance the AI-driven capabilities of the Accenture Touchless Testing Platform to help our clients increase productivity and agility."
The integration of the Real Time Analytics Platform is Accenture’s latest investment in differentiated AI testing capabilities. Earlier this year, Accenture launched new services for testing AI systems powered by a "Teach and Test" methodology designed to help companies validate the safety, reliability and transparency of their AI systems. Accenture holds more than 250 patents and patent pending applications related to software testing. Real Time Analytics Platform’s patent pending AI for Testing application is a major technological breakthrough in the field of software testing.
Sam Bhat, CEO, Real Time Analytics Platform, Inc. added, "As more organizations embrace digital transformation, the demand for testing and quality assurance will only increase as it’s a critical component for ensuring new applications meet the demands of the business. We’re excited about the value our platform will bring to their already robust offerings in this space."
The Accenture Touchless Testing Platform brings together leading open source, commercial and Accenture proprietary tools and algorithms to automate a robust, touchless testing process for software – all guided by artificial intelligence and analytics. The platform allows testing teams to easily integrate tools from leading players, along with key Accenture innovations, to bring new enterprise software solutions to market faster and with higher quality. The platform can be deployed independently or as part of Accenture myWizard®.
For more on Accenture’s view of the future of testing and quality engineering, visit https://www.accenture.com/us-en/insights/technology/quality-engineering-new
Accenture (NYSE: ACN) is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 449,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
About Real Time Analytics Platform, Inc.
Real Time Analytics Platform, Inc. (RTAP) is a Bay Area, California based technology start-up which has built an AI platform for optimizing the software testing process. Since human effort in this field is neither scalable or predictable, RTAP’s machine learning models can quickly and accurately analyze data from several sources to predict and prescribe the optimal way to test and deliver software products. RTAP integrates easily with existing systems and has all the data engineering, data science and visualization components for implementing AI enabled testing services.
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. These include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations could be adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the changing technological environment could materially affect the company’s results of operations; if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture could have liability or Accenture’s reputation could be damaged if the company fails to protect client and/or company data from security breaches or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s profitability could materially suffer if the company is unable to obtain favourable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture might not be successful at identifying, acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s global delivery capability is concentrated in India and the Philippines, which may expose it to operational risks; as a result of Accenture’s geographically diverse operations and its growth strategy to continue geographic expansion, the company is more susceptible to certain risks; adverse changes to Accenture’s relationships with key alliance partners or in the business of its key alliance partners could adversely affect the company’s results of operations; if Accenture is unable to protect its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; any changes to the estimates and assumptions that Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; many of Accenture’s contracts include payments that link some of its fees to the attainment of performance or business targets and/or require the company to meet specific service levels, which could increase the variability of the company’s revenues and impact its margins; Accenture’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders’ ownership interest in the company; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent annual report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.
# # #
+1 312 693 7301
Copyright © 2018 Accenture. All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.