{"id":815705,"date":"2025-02-20T10:02:06","date_gmt":"2025-02-20T15:02:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-invests-in-voltron-data-to-help-organizations-use-gpu-technology-to-simplify-large-scale-data-processing\/"},"modified":"2025-02-20T10:02:06","modified_gmt":"2025-02-20T15:02:06","slug":"accenture-invests-in-voltron-data-to-help-organizations-use-gpu-technology-to-simplify-large-scale-data-processing","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-invests-in-voltron-data-to-help-organizations-use-gpu-technology-to-simplify-large-scale-data-processing\/","title":{"rendered":"Accenture Invests in Voltron Data to Help Organizations Use GPU Technology to Simplify Large-Scale Data Processing"},"content":{"rendered":"

<\/p>\n

Accenture Invests in Voltron Data to Help Organizations Use GPU Technology to Simplify Large-Scale Data Processing<\/b><\/p>\n

\nVoltron Data\u2019s solutions can eliminate data silos and bottlenecks, enabling banks, communications firms and others to harness their data for generative AI and machine learningcapabilities\n<\/p>\n

NEW YORK & MOUNTAIN VIEW, Calif.–(BUSINESS WIRE<\/a>)–
\nAccenture (NYSE: ACN) announced an investment in Voltron Data<\/a>, a company that is building software to unlock the next generation of accelerated computing that underpins modern AI applications. This investment, made through Accenture Ventures<\/a>, will support Voltron Data in its efforts to help organizations use advanced computing technology to speed up large-scale analytics, used for generative AI and machine learning applications.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250220027702\/en\/<\/a><\/p>\n

\"Accenture<\/p>\n

Accenture announced an investment in Voltron Data, a company that is building software to unlock the next generation of accelerated computing that underpins modern AI applications. (Photo: Business Wire)<\/p>\n<\/div>\n

\nFounded in 2021 and headquartered in Mountain View, California, Voltron Data\u2019s core solution\u2014Theseus \u2014is a SQL query engine that can enable enterprises to process petabyte-scale data faster and at a lower cost than traditional CPU-based systems.\n<\/p>\n

\nMany enterprises lack effective methods to quickly garner insights from their massive datasets, leading to slower decision-making and missed opportunities. Theseus uses accelerated hardware, including graphics processing units (GPUs), to quickly analyze log, machine and tabular data – handling what used to be hours-long queries in minutes. For example, cybersecurity systems for financial service institutions generate dozens of terabytes of data daily. With Theseus, organizations can cut the total time to insights by skipping long ingest times and using GPUs to power through data.\n<\/p>\n

\nTheseus is built to help companies take advantage of GPUs and full system hardware accelerators, on-premise or in the cloud, enabling data preprocessing for AI\/ML workloads on GPUs which unifies data analytics and AI pipelines on the same infrastructure, while also reducing energy consumption and data center footprint.\n<\/p>\n

\nDavid Wood, Accenture\u2019s Technology Consulting lead, said, \u201cCompanies across all industries are increasingly using massive datasets to solve complex problems that are beyond the capabilities of traditional infrastructure. Combining Accenture\u2019s expertise in accelerated and high-performance computing with Voltron Data\u2019s large-scale data processing platform, companies can better realize the full potential of their data assets and unlock new kinds of business value.\u201d\n<\/p>\n

\nLike Accenture, Voltron Data works with some of the largest global banks, communications, media & technology firms and governments.\n<\/p>\n

\n\u201cBanks are sitting on an enormous amount of trapped data with the potential to fuel the next generation of AI-powered products and services,\u201d said Michael Abbott, Accenture\u2019s Banking & Capital Markets industry group lead. “Through its Theseus software, Voltron Data can enable banks and others to unlock their data and then quickly move, scale and analyze it in a way that is both cost effective and sustainable. It\u2019s like transforming a one lane road into a multi-lane highway.\u201d\n<\/p>\n

\n\u201cThis investment and collaboration gives Voltron Data greater reach to empower customers looking to capture the massive opportunities of the artificial intelligence boom,\u201d said Craig Dunham, CEO of Voltron Data. \u201cWorking with Accenture means following their historic record of creating value from innovation, expanding our channel partnerships to increase awareness and helping more customers harness the power of their data.\u201d\n<\/p>\n

\nVoltron Data is the latest company to join Accenture Ventures\u2019 Project Spotlight<\/a>, a vertical accelerator for data and AI companies. Project Spotlight offers extensive access to Accenture\u2019s domain expertise and its enterprise clients, helping startups harness creativity and deliver on the promise of their technology.\n<\/p>\n

\nTerms of the investment were not disclosed.\n<\/p>\n

About Accenture<\/b><\/p>\n

\nAccenture is a leading global professional services company that helps the world\u2019s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services\u2014creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 799,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world\u2019s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360\u00b0 value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360\u00b0 value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com<\/a>.\n<\/p>\n

About Voltron Data<\/b><\/p>\n

\nVoltron Data offers a new way to design and build composable data systems for enterprises and government agencies. For more information visit https:\/\/voltrondata.com<\/a> or try Theseus for free here<\/a>. Voltron Data is hiring; openings can be found on the Voltron Data careers page<\/a>.\n<\/p>\n

\nCopyright \u00a9 2025 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.\n<\/p>\n

\nVoltron Data, its logo, and Theseus are trademarks of Voltron Data, Inc.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250220027702\/en\/<\/a><\/span><\/p>\n

\nMichael McGinn
\n
Accenture
\n
+1 312 693 5707
\n
m.mcginn@accenture.com<\/a><\/p>\n

\nJulie Bennink
\n
Accenture
\n
+1 312 693 7301
\n
julie.l.bennink@accenture.com<\/a><\/p>\n

\nEd Zitron
\n
EZPR (on behalf of Voltron Data)
\n
+1 530 794 8766
\n
ed@ezpr.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Finance Fintech Banking Professional Services Software Hardware Data Analytics Data Management Artificial Intelligence<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Accenture announced an investment in Voltron Data, a company that is building software to unlock the next generation of accelerated computing that underpins modern AI applications. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Accenture Invests in Voltron Data to Help Organizations Use GPU Technology to Simplify Large-Scale Data Processing Voltron Data\u2019s solutions can eliminate data silos and bottlenecks, enabling banks, communications firms and others to harness their data for generative AI and machine learningcapabilities NEW YORK & MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Accenture (NYSE: ACN) announced an investment in Voltron Data, a company that is building software to unlock the next generation of accelerated computing that underpins modern AI applications. This investment, made through Accenture Ventures, will support Voltron Data in its efforts to help organizations use advanced computing technology to speed up large-scale analytics, used for generative AI and machine learning applications. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250220027702\/en\/ … <\/p>\n

Continue reading “Accenture Invests in Voltron Data to Help Organizations Use GPU Technology to Simplify Large-Scale Data Processing”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-815705","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAccenture Invests in Voltron Data to Help Organizations Use GPU Technology to Simplify Large-Scale Data Processing - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/accenture-invests-in-voltron-data-to-help-organizations-use-gpu-technology-to-simplify-large-scale-data-processing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accenture Invests in Voltron Data to Help Organizations Use GPU Technology to Simplify Large-Scale Data Processing - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Accenture Invests in Voltron Data to Help Organizations Use GPU Technology to Simplify Large-Scale Data Processing Voltron Data\u2019s solutions can eliminate data silos and bottlenecks, enabling banks, communications firms and others to harness their data for generative AI and machine learningcapabilities NEW YORK & MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Accenture (NYSE: ACN) announced an investment in Voltron Data, a company that is building software to unlock the next generation of accelerated computing that underpins modern AI applications. This investment, made through Accenture Ventures, will support Voltron Data in its efforts to help organizations use advanced computing technology to speed up large-scale analytics, used for generative AI and machine learning applications. This press release features multimedia. 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This investment, made through Accenture Ventures, will support Voltron Data in its efforts to help organizations use advanced computing technology to speed up large-scale analytics, used for generative AI and machine learning applications. This press release features multimedia. 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