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Tuesday, January 31, 2023

Accenture (NYSE: ACN) Announces Strategic Investment in Cintoo

Accenture plc (NYSE: ACN) disclosed that it has invested in Cintoo which is a provider of solutions used to better handle and leverage 3D data sourced from reality capture devices in the cloud. Accenture has made a strategic investment through Accenture Ventures. Cintoo is now part of Project Spotlight of Accenture Ventures.

Accenture Ventures’ continued dedication to encouraging the development of sophisticated technologies that may create greater business outcomes for clients is demonstrated by Accenture’s investment in Cintoo. According to its findings, as more of the real world is reflected digitally, business executives will need to be able to combine data and intelligence and experiment in a risk-free environment.

Cintoo’s cloud-based products, according to Accenture, are well prepared to support enterprises in translating physical data into digital ecosystems that boost real-time agility and efficiency at large. Additionally, Accenture disclosed that Cintoo’s multimodal 3D platform, Cintoo Cloud, can change laser scan files into mesh-based, cloud-compatible reality store data that can be easily shared with project stakeholders across the world.

Furthermore, Cintoo contemplates that Accenture Ventures’ investment will support it to pursue its mission to tackle the increasing global need for cloud-based solutions that offer reality data on-demand. Accenture has earned recognition as a global professional services company with prominent capabilities in digital, cloud, and security.

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