The deal establishes an additional Advanced Analytics and AI hub under Bain’s global Advanced Analytics Group (AAG) – the firm’s AI practice.
Bain & Company has acquired PiperLab, a European provider of artificial intelligence (AI) and machine learning (ML) solutions, to further scale Bain’s AI and ML offerings for clients throughout Europe, the Middle East and Africa (EMEA).
Roy Singh, Bain & Company’s Partner and Global Head of the firm’s Advanced Analytics Practice, said, “Our acquisition of PiperLab will enhance our ability to help clients solve some of their most complex challenges at the intersection of business, data science and engineering – a task that can often be challenging, especially during the new era of generative AI.”
Ignacio Otero, Managing Partner of Bain & Company in Iberia, said, “The demand by clients for top tech talent is increasing rapidly as companies determine how to best leverage their data for competitive advantage. Our vision is to create an analytics powerhouse in Europe not only to better support our regional clients, but to contribute and add value to Bain’s global AAG efforts in our delivery of world-class work on AI initiatives by our clients across the region.”
The deal establishes an additional Advanced Analytics and AI hub under Bain’s global Advanced Analytics Group (AAG) – the firm’s AI practice.