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Accenture Will make Strategic Investment in Touchcast | Business enterprise

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NEW YORK–(Small business WIRE)–Feb 3, 2021–

Accenture (NYSE: ACN) has designed a strategic investment decision, via Accenture Ventures, in Touchcast, a main virtual experience corporation.

This press launch attributes multimedia. Check out the total release in this article: https://www.businesswire.com/news/property/20210203005083/en/

Accenture Touchcast investment to increase immersive interaction and collaboration in virtual environments

The COVID-19 pandemic has radically accelerated the want to reimagine the way we meet, join and collaborate with every other. Touchcast harnesses the energy of synthetic intelligence and combined fact to give a digital party system that goes over and above a static on-line video knowledge, generating an immersive and interactive experience.

“Organizations want to engage with stakeholders pretty much – fundamentally bridging the hole in between physical and digital activities,” said Jason Warnke, senior handling director and international electronic ordeals guide at Accenture. “Touchcast has emerged as a critical participant in the $77 billion digital activities industry, and we search forward to collaborating with them to bring its encounter to our consumers.”

Acquiring by now teamed on many tasks with each other, the companies’ partnership is deepening as Touchcast joins Task Spotlight, Accenture Ventures’ immersive engagement and financial commitment system that connects rising technologies software package startups with the Worldwide 2000 to fill strategic innovation gaps. Project Spotlight presents considerable obtain to Accenture’s deep area know-how and its business shoppers, encouraging startups harness human creativity and supply on the guarantee of their technologies. Through the software, Touchcast will co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios to carry its alternatives to sector much more immediately and correctly.

Tom Lounibos, world managing director, Accenture Ventures, claimed, “Our expenditure in Touchcast underscores Accenture Ventures’ motivation to supporting providers that are poised to transform their marketplaces and satisfy the demands of our clientele, encouraging them to embrace modify. Touchcast has reimagined the digital occasion expertise and we’re psyched to be section of its journey and to deal with this significant possibility alongside one another.”

Edo Segal, founder and CEO of Touchcast, extra, “Accenture Ventures’ financial investment and our participation in its Task Highlight program will add rocket fuel to our capability to help our enterprise purchasers, serving to to meet their current – and potential desires – at Accenture scale. Touchcast is leading a when-in-a-era explosion of innovation in the communication and collaborations place. Alongside one another with Accenture, we give a strong mixture of providers and a chopping-edge technological innovation system.”

Touchcast is the newest addition to the investment decision portfolio of Accenture Ventures, which is targeted on investing in corporations that develop or implement disruptive organization technologies.

Terms of the investment decision were being not disclosed.

About Touchcast

Touchcast is the world’s leading Digital Encounter corporation. A pioneer in the use of Mixed Truth and AI, Touchcast delivers an integrated remedy that provides any individual the means to communicate and collaborate efficiently and shift their colleagues, partners and consumers to acquire motion. Take a look at us at www.touchcast.com.

About Accenture

Accenture is a world wide professional services enterprise with top abilities in electronic, cloud and security. Combining unmatched knowledge and specialized abilities across much more than 40 industries, we give Approach and Consulting, Interactive, Technologies and Functions companies — all powered by the world’s major community of Advanced Technologies and Intelligent Operations facilities. Our 514,000 folks produce on the assure of know-how and human ingenuity every single day, serving clientele in far more than 120 nations around the world. We embrace the energy of modify to produce worth and shared success for our customers, individuals, shareholders, associates and communities. Take a look at us at www.accenture.com.

Copyright © 2021 Accenture. All rights reserved. Accenture and its symbol are logos of Accenture.

Watch supply model on businesswire.com:https://www.businesswire.com/information/dwelling/20210203005083/en/

Get hold of: Christina McDonald

Accenture

+1 415 537 7997

[email protected] Lefkowitz

Approach Promoting + PR for Touchcast

+1 929 506 3052

[email protected]

Key word: UNITED STATES NORTH The usa NEW YORK

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Source: Accenture

Copyright Organization Wire 2021.

PUB: 02/03/2021 07:59 AM/DISC: 02/03/2021 07:59 AM

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