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Accenture Would make Strategic Expense in Touchcast

3 min read

NEW YORK–(Business WIRE)–Feb 3, 2021–

Accenture (NYSE: ACN) has created a strategic financial commitment, by Accenture Ventures, in Touchcast, a main virtual experience organization.

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Accenture Touchcast expenditure to maximize immersive interaction and collaboration in virtual environments

The COVID-19 pandemic has dramatically accelerated the need to reimagine the way we satisfy, link and collaborate with each individual other. Touchcast harnesses the electrical power of synthetic intelligence and combined fact to give a digital function platform that goes further than a static on the net video expertise, creating an immersive and interactive practical experience.

“Organizations will need to engage with stakeholders almost – essentially bridging the gap concerning bodily and electronic encounters,” claimed Jason Warnke, senior controlling director and worldwide digital experiences guide at Accenture. “Touchcast has emerged as a critical player in the $77 billion digital activities sector, and we glance forward to collaborating with them to convey its working experience to our purchasers.”

Having now teamed on a number of projects collectively, the companies’ romance is deepening as Touchcast joins Task Spotlight, Accenture Ventures’ immersive engagement and expenditure application that connects emerging technological know-how software startups with the Global 2000 to fill strategic innovation gaps. Venture Highlight presents extensive entry to Accenture’s deep domain expertise and its business clients, helping startups harness human creative imagination and produce on the assure of their engineering. By means of the program, Touchcast will co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios to provide its answers to current market extra promptly and properly.

Tom Lounibos, world managing director, Accenture Ventures, stated, “Our financial investment in Touchcast underscores Accenture Ventures’ determination to supporting organizations that are poised to rework their markets and meet up with the wants of our consumers, encouraging them to embrace transform. Touchcast has reimagined the virtual party working experience and we’re fired up to be element of its journey and to tackle this massive chance alongside one another.”

Edo Segal, founder and CEO of Touchcast, additional, “Accenture Ventures’ financial commitment and our participation in its Project Highlight plan will add rocket gas to our capacity to assistance our company shoppers, encouraging to meet up with their present-day – and long term wants – at Accenture scale. Touchcast is major a as soon as-in-a-technology explosion of innovation in the communication and collaborations space. With each other with Accenture, we offer you a powerful mixture of products and services and a chopping-edge technological innovation system.”

Touchcast is the most recent addition to the investment portfolio of Accenture Ventures, which is concentrated on investing in businesses that generate or apply disruptive enterprise systems.

Terms of the expense had been not disclosed.

About Touchcast

Touchcast is the world’s major Digital Working experience company. A pioneer in the use of Mixed Fact and AI, Touchcast features an built-in answer that provides any one the capacity to talk and collaborate successfully and shift their colleagues, companions and clients to choose action. Pay a visit to us at www.touchcast.com.

About Accenture

Accenture is a world wide specialist services business with major capabilities in electronic, cloud and security. Combining unmatched experience and specialized competencies throughout a lot more than 40 industries, we present System and Consulting, Interactive, Engineering and Operations companies — all powered by the world’s major network of Highly developed Know-how and Smart Functions facilities. Our 514,000 men and women deliver on the assure of technologies and human ingenuity just about every working day, serving consumers in additional than 120 nations. We embrace the electrical power of modify to make price and shared results for our consumers, men and women, shareholders, partners and communities. Pay a visit to us at www.accenture.com.

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

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Call: Christina McDonald

Accenture

+1 415 537 7997

[email protected] Lefkowitz

Method Internet marketing + PR for Touchcast

+1 929 506 3052

[email protected]

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Source: Accenture

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

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