Accenture Makes Strategic Investment in Cloud-Based Reality Data Solutions Provider Cintoo
27 Janeiro 2022 - 6:59AM
Business Wire
Startup joins Accenture Ventures’ Project
Spotlight program to accelerate go-to-market strategy
Accenture (NYSE: ACN) has made a strategic investment, through
Accenture Ventures, in Cintoo, a provider of solutions used to
better manage and leverage 3D data sourced from reality capture
devices in the cloud.
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Accenture Makes Strategic Investment in
Cloud-based Reality Data Solutions Provider Cintoo (Photo: Business
Wire)
As reality capture capabilities, such as laser scanning devices
that generate 3D digital images of physical objects, advance, so
too are opportunities to deploy digital twins across industries.
However, the development of digital twins is challenged by the fact
that laser scanning files are extremely large and complex.
Additionally, collaboration is often limited as stakeholders in
different locations lack universal, simultaneous access to the
scans. Cintoo’s multimodal 3D platform, Cintoo Cloud, transforms
laser scan files into mesh-based, cloud-compatible reality capture
data that can be easily shared with project stakeholders across the
globe.
“Our investment in Cintoo demonstrates Accenture Ventures’
ongoing commitment to nurturing the development of advanced
technologies that can drive better business results for our
clients,” said Tom Lounibos, managing director, Accenture Ventures.
“Our research shows that as more of the physical world is
represented in a digital space, enterprise leaders will need to be
able to bring data and intelligence together and experiment in a
risk-free environment. Facilitating this will ultimately transform
how companies operate, collaborate and innovate. We believe that
Cintoo’s cloud-based offerings are uniquely positioned to help
organizations translate physical data and create digital
environments that increase real-time agility and efficiency at
scale.”
Cintoo is now part of Accenture Ventures’ Project Spotlight, a
deeply immersive engagement and investment program that targets
emerging technology software startups to help the Global 2000
embrace the power of change and fill strategic innovation gaps.
Project Spotlight offers extensive access to Accenture’s deep
domain expertise and its enterprise clients, to help startups
harness human creativity and deliver on the promise of their
technology.
“The global market for digital twin capabilities is projected to
reach $48bn by 2026. As that market grows, complexity and
connectivity challenges around reality data capture and translation
will also increase, driving the need for solutions that can make
the data more accessible and efficient,” said Dominique Pouliquen,
CEO of Cintoo. “Accenture Ventures’ investment will help accelerate
our mission to address the growing global need for cloud-based
solutions that provide reality data on-demand.”
“Increasingly, organizations are creating digital twins of
plants, products, supply chains and more to redefine the things
they make and how they make them. However, to fully realize the
benefits of these living models, companies must be able to draw
upon 3D data capture,” said Andy Webster, managing director and
global lead for Capital Projects at Accenture Industry X. “Cintoo
not only provides direct, cloud-based access to store and manage
this data, but also allows companies to analyze and interact with
it for optimal business results.”
Terms of the investment were not disclosed.
About Accenture Accenture is a global professional
services company with leading capabilities in digital, cloud and
security. Combining unmatched experience and specialized skills
across more than 40 industries, we offer Strategy and Consulting,
Interactive, Technology and Operations services — all powered by
the world’s largest network of Advanced Technology and Intelligent
Operations centers. Our 674,000 people deliver on the promise of
technology and human ingenuity every day, serving clients in more
than 120 countries. We embrace the power of change to create value
and shared success for our clients, people, shareholders, partners
and communities. Visit us at accenture.com.
About Cintoo Cintoo is a French and US startup,
established in 2013 to find a solution for managing terabytes of
Reality Capture data in the cloud for Architecture, Engineering,
Construction, and Industry 4.0 businesses. The company launched its
SaaS platform, Cintoo Cloud, in 2019, which uses its
patent-pending, core point cloud-to-mesh engine to stream huge 3D
data using any PC, laptop or tablet with a web browser. Email
contact@cintoo.com or visit www.cintoo.com
Copyright © 2022 Accenture. All rights reserved. Accenture and
its logo are trademarks of Accenture.
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Christina McDonald Accenture +1 415 537 7997
christina.mcdonald@accenture.com
Accenture (NYSE:ACN)
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