Accenture Invests in Data Technologies Business Inrupt | Enterprise

NEW YORK–(Enterprise WIRE)–Mar 29, 2022–

Accenture (NYSE: ACN) has produced a strategic investment, by way of Accenture Ventures, in Inrupt, an enterprise software package company targeted on placing on the internet own details back again in the electric power of consumers although also reinventing how enterprises and governments take care of electronic knowledge.

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Accenture Invests in Info Technology Business Inrupt (Picture: Organization Wire)

World Large World wide web founder, Sir Tim Berners-Lee, co-established Inrupt to assist men and women, companies and application builders conquer the problem of siloed info. The company’s Business Reliable Server system, which is based mostly on Berners-Lee’s open-resource internet technology Reliable, allows companies and governments to present buyers and citizens own knowledge vaults — which provide jointly and retail store facts from many, disconnected sources in a internet typical format and let people to make your mind up which info to share throughout purposes and services.

Analysis from Accenture reveals that 89% of executives imagine that their organization’s means to deliver small business value will significantly be based mostly on the limitations and alternatives of their know-how architecture. Rather of having duty for accumulating, storing, defending and unifying details throughout incompatible again-conclusion units, enterprises and governments can arrange personalized consumer info all-around the person it belongs to, furnishing far more command and transparency.

“Managing and storing private info is a fragmented system for firms and one particular that will make it challenging for buyers to realize in which their facts resides and who has regulate of it,” claimed Tom Lounibos, running director of Accenture Ventures. “Our expense in Inrupt demonstrates our determination to encouraging our purchasers rethink their technology architectures and resource new solutions. Inrupt can enable empower end users and corporations alike to completely transform the standard just one-way experience of facts ownership into a more collaborative practical experience at scale throughout several sources, which is increasingly critical as businesses begin building a metaverse technique.”

Berners-Lee stated, “Thirty-a few many years following the birth of the Earth Vast Website, Inrupt is delivering on my unique eyesight of a net of shared advantage, for absolutely everyone. With Stable, our potent open-resource technological know-how, we are doing the job to build a new world wide web era by placing people in regulate of their information, offering businesses new options to develop worth for customers, and letting builders to thrive in an open marketplace of innovation.”

Inrupt is now a section of Accenture Ventures’ Task Spotlight, an engagement and financial investment system that connects rising technologies software program startups with the Global 2000 to fill strategic innovation gaps. Job Highlight delivers comprehensive access to Accenture’s area abilities and its company shoppers, helping startups harness human creative imagination and deliver on the guarantee of their technological innovation.

John Bruce, Inrupt’s co-founder and CEO, said, “Users and companies alike are discouraged by the present-day dynamics of electronic information, but it doesn’t want to be this way. We have the engineering to share securely, and we have the applications to place persons in management of their possess info and to permit companies and developers to access that info when buyers permit it — when it advantages each sides. Very good for the personal and similarly useful to the group.”

Paul Daugherty, Accenture’s team main executive – Know-how and chief engineering officer, lately participated in a discussion about the potential of the internet with Sir Tim Berners-Lee and John Bruce of Inrupt during the world start of Accenture’s Engineering Vision 2022, entitled “ Meet up with Me in the Metaverse: The Continuum of Know-how and Experience Reshaping Small business.” The report appears at how businesses are racing toward a long run that is incredibly various from the 1 they had been built to operate in — as technologies, these kinds of as extended actuality, blockchain, digital twins and edge computing, are converging to reshape human encounters.

Phrases of the financial commitment have been not disclosed.

About Accenture

Accenture is a world specialist providers organization with primary capabilities in digital, cloud and security. Combining unmatched experience and specialised expertise across more than 40 industries, we supply Approach and Consulting, Interactive, Technology and Functions providers — all run by the world’s biggest community of Innovative Technology and Smart Functions facilities. Our 699,000 people today provide on the guarantee of engineering and human ingenuity each day, serving clients in much more than 120 countries. We embrace the electric power of improve to make worth and shared success for our clientele, men and women, shareholders, associates and communities. Go to us at accenture.com.

About Inrupt

Inrupt is developing know-how to generate the following period of the web, inspired by the initial eyesight of the inventor of the internet, Sir Tim Berners-Lee. Our individual facts vault technology, Good, transforms the way businesses tactic person details and unlocks the web’s total possible. To learn more about Inrupt, pay a visit to www.inrupt.com

Copyright © 2022 Accenture. All legal rights reserved. Accenture and its symbol are logos of Accenture.

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Speak to: Denise Berard

Accenture

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Key word: NEW YORK UNITED STATES NORTH America

Sector Key phrase: Computer software Technological innovation NETWORKS Facts Management

Source: Accenture

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PUB: 03/29/2022 07:59 AM/DISC: 03/29/2022 07:59 AM

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