Accenture Makes Strategic Investment in Touchcast | Small business

NEW YORK–(Company WIRE)–Feb 3, 2021–

Accenture Touchcast financial commitment to increase immersive communication and collaboration in digital environments

The COVID-19 pandemic has substantially accelerated the have to have to reimagine the way we satisfy, join and collaborate with every other. Touchcast harnesses the electricity of artificial intelligence and combined truth to give a digital event platform that goes further than a static on the net movie working experience, generating an immersive and interactive practical experience.

“Organizations want to interact with stakeholders virtually – essentially bridging the hole amongst physical and electronic encounters,” explained Jason Warnke, senior controlling director and worldwide digital experiences guide at Accenture. “Touchcast has emerged as a critical player in the $77 billion digital gatherings market place, and we seem ahead to collaborating with them to deliver its encounter to our clients.”

Acquiring presently teamed on a number of projects together, the companies’ relationship is deepening as Touchcast joins Job Highlight, Accenture Ventures’ immersive engagement and expense software that connects emerging know-how software package startups with the Global 2000 to fill strategic innovation gaps. Venture Spotlight offers in depth obtain to Accenture’s deep domain knowledge and its enterprise clientele, supporting startups harness human creativeness and produce on the guarantee of their know-how. As a result of the method, Touchcast will co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios to deliver its answers to sector a lot more promptly and properly.

Tom Lounibos, global managing director, Accenture Ventures, explained, “Our expense in Touchcast underscores Accenture Ventures’ dedication to supporting organizations that are poised to renovate their markets and meet the demands of our consumers, serving to them to embrace adjust. Touchcast has reimagined the virtual function working experience and we’re energized to be section of its journey and to tackle this large possibility collectively.”

Edo Segal, founder and CEO of Touchcast, extra, “Accenture Ventures’ financial commitment and our participation in its Project Spotlight program will include rocket fuel to our ability to aid our enterprise clientele, aiding to meet up with their existing – and long term demands – at Accenture scale. Touchcast is leading a the moment-in-a-generation explosion of innovation in the conversation and collaborations space. Alongside one another with Accenture, we provide a highly effective blend of products and services and a reducing-edge know-how system.”

Touchcast is the most up-to-date addition to the financial investment portfolio of Accenture Ventures, which is centered on investing in businesses that build or apply disruptive business technologies.

Conditions of the investment were being not disclosed.

Touchcast is the world’s primary Virtual Experience enterprise. A pioneer in the use of Blended Actuality and AI, Touchcast provides an built-in resolution that provides anybody the capacity to connect and collaborate successfully and go their colleagues, companions and consumers to acquire motion. Check out us at www.touchcast.com.

Accenture is a world-wide qualified products and services corporation with main capabilities in electronic, cloud and stability. Combining unmatched working experience and specialised techniques throughout extra than 40 industries, we give Strategy and Consulting, Interactive, Engineering and Operations companies — all run by the world’s major network of Sophisticated Technology and Clever Operations centers. Our 514,000 folks deliver on the assure of technology and human ingenuity each day, serving purchasers in extra than 120 nations. We embrace the electricity of alter to produce worth and shared achievements for our shoppers, folks, shareholders, companions and communities. Go to us at www.accenture.com.

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Make contact with: Christina McDonald

Method Advertising + PR for Touchcast

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