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ergodata.ai

Founded Year

2004

Stage

Acquired | Acquired

About Ergo

Ergo is a data-centered business located in Argentina that helps companies create a culture of data-driven decision-making using big data, analytics and artificial intelligence. The company was founded in 2004 and is based in Buenos Aires, Argentina.On April 21st, 2022, Ergo was acquired by Accenture. The terms of the transaction were not disclosed.

Ergo Headquarter Location

Av. Sáenz 17

Buenos Aires, C1437,

Argentina

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Expert Collections containing Ergo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Ergo is included in 1 Expert Collection, including Artificial Intelligence.

A

Artificial Intelligence

9,051 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Latest Ergo News

AI Eye Podcast 687: Stocks discussed: (NYSE: $ACN) (NYSE: $MAXR)

Apr 25, 2022

(NYSE: $ACN) (NYSE: $MAXR) Accenture Acquires Ergo, and Maxar is Awarded $202M in US Gov’t Contracts   Vancouver, Kelowna, Delta, BC - April 25, 2022 (Investorideas.com Newswire) Investorideas.com , a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye - watching stock news, deal tracker and advancements in artificial intelligence. Listen to today's podcast: SHARE PODCAST: Stocks discussed: (NYSE:ACN) (NYSE:MAXR) Accenture ( NYSE:ACN ) has announced the acquisition of Argentina-based data-centred business Ergo, to "expand data and AI capabilities and accelerate data-led transformation on the cloud." Ergo, according to the press release, "combines technology expertise and customer-focused consulting to integrate data and AI across the enterprise and create a trusted single source of insights." Karthik Narain, global lead for Accenture Cloud First, explained: "Almost every day, 2.5 quintillion bytes of data are created by humans and machines across the cloud continuum at the edge, on the internet and in data centers. Cloud is the place where all this data gains accessibility and scale. Cloud's advanced data & AI tools empower companies to transform data into intellectual capital like never before. By acquiring Ergo, Accenture will bring more resources to help clients gain insights about where to focus their transformation for the most value and how data can support better decision-making through the transformation process." Maxar Technologies Inc. ( NYSE:MAXR ) has been awarded U.S. Government mission support contracts in Q1 2022 worth up to $202 million over a six-year period. This work includes "artificial intelligence and machine learning applications, advanced data analytics, software development, data conditioning, geospatial production and dissemination, maritime domain awareness, and training and development." Maxar's CEO Dan Jablonsky said: "Maxar is honored to support U.S. defense and intelligence customers by delivering a breadth of mission-critical geospatial intelligence and related technologies. We're proud to kick off 2022 with a flurry of new and renewed partnerships with our U.S. government partners, and we look forward to continue delivering precise, trusted products and technologies in support of national security missions throughout the year." Global AI Infrastructure Market to Reach $197.39B by 2030 A report published by Polaris Market Research finds that the global AI Infrastructure market is projected to grow from $23.54 billion USD in 2021 to $197.39 billion by 2030, registering a compound annual growth rate (CAGR) of 27.6 percent in the forecast period 2022-30. The following excerpt from the report's summary, outlines some trends impacting the market's growth: The increasing number of cross-industry collaborations and partnerships, tied with the increasing adoption of cybersecurity technologies, artificial intelligence, IoT, robots, industrial automation, and machine vision technology, is attributed to the artificial intelligence infrastructure industry demand. Moreover, deep learning algorithms, along with machine learning algorithms, may assist enterprises in achieving network efficiencies. For instance, companies need to install automated infrastructure management tools in their data centers. Thus, these factors may accelerate the artificial intelligence infrastructure market development in the approaching years. Sam Mowers, Investorideas.com About Investorideas.com - News that Inspires Big Investing Ideas The Investorideas.com podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available. Visit the Podcast page at Investorideas.com: Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com Follow us on Twitter https://twitter.com/Investorideas Follow us on Facebook https://www.facebook.com/Investorideas Follow us on YouTube https://www.youtube.com/c/Investorideas Contact Investorideas.com

  • When was Ergo founded?

    Ergo was founded in 2004.

  • Where is Ergo's headquarters?

    Ergo's headquarters is located at Av. Sáenz 17, Buenos Aires.

  • What is Ergo's latest funding round?

    Ergo's latest funding round is Acquired.

  • Who are the investors of Ergo?

    Investors of Ergo include Accenture.

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