According to a news release, the acquisition of Udacity will kick-start Accenture's new "LearnVantage" initiative to give its clients upskilling or training opportunities in tech-related jobs. Over 230 of Udacity's staff as well as its library of digital learning content will operate under the umbrella of the LearnVantage program.
“The rise of generative AI represents one of the most transformative changes in how work gets done and is driving a growing need for enterprises to train and upskill people in cloud, data and AI as they build their digital core and reinvent their enterprises,” Kishore Durg, global lead of Accenture LearnVantage, said in a public statement. “The addition of Udacity to Accenture LearnVantage will enable us to bring Accenture’s deep capabilities as a world-class learning organization to clients at scale, helping them build the skills of their people to achieve greater business value.”
The news release said Udacity has so far served over 21 million students in 195 countries in languages including English, Arabic, Korean and Spanish.
“This combined with Accenture’s world-class expertise and global footprint will allow us to reach even more learners and amplify our impact, empowering millions to thrive in the digital economy,” Udacity CEO Kai Roemmelt said in a public statement.
The merger is a rare foray into education technology for Accenture, which often serves state and local government. According to Crunchbase, the company has announced eight acquisitions since January in fields such as technology consulting, digital services, data and research.
