CBI Member, Accenture announced a new strategic alliance with Chinese AI start-up, Malong Technologies this week. Accenture have made a minority investment in the Shenzhen-based start-up, which has quickly built up a reputation as an AI pioneer and innovation leader.
Please find out more about Accenture’s alliance with Malong Technologies here.
The agreement, in which Malong designates Accenture as its preferred systems integrator and consulting partner, will form a cornerstone of Accenture’s growing Applied Intelligence “computer vision capabilities.” Malong’s product recognition and auto-tagging technology allows machines to "see" physical objects the same way a person does. Retailers can use it to make product checkouts much more efficient and allow their customers to shop for items by taking a picture of it with their smartphones.
The investment in Malong is Accenture Ventures’ first investment in China.
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