Accenture is partnering with Predixion Software, a provider of predictive analytics software, with the goal of developing industry- and process-specific analytics solutions.

Accenture says the solutions will reduce the time and cost of decision making by embedding predictive analytics models into existing enterprise software applications. This will enable business users to employ data-driven insights, based on advanced analytical techniques, and apply them directly to operational workflows. This allows them to make faster, fact-based decisions in their day-to-day roles.

Accenture adds that it will make similar solutions available for businesses in industries such as life sciences. Predixion will provide product development capabilities and technical skills on its predictive analytics platform to support the development of new solutions, which will be marketed to Accenture clients.

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