OneSix, a data services company, has acquired Strong Analytics, a consultancy specialising in Machine Learning and Artificial Intelligence. The merger aims to strengthen the companies’ combined services in data engineering and AI solutions for enterprise clients, setting a new standard in the integrated data and AI landscape.
OneSix Acquires AI Consultancy Strong Analytics to Bolster Data Engineering and AI Services
Chicago, 10 June 2024 — OneSix, a data services company, has announced its acquisition of Strong Analytics, a consultancy in Machine Learning (ML) and Artificial Intelligence (AI). The merger aims to create a comprehensive service offering that bridges data engineering, ML, and AI solutions for enterprise clients.
OneSix’s acquisition of Strong Analytics positions the combined company as a notable player in the integrated data and AI landscape. The merged entity will consist of a diverse team, including data scientists, machine learning experts, AI engineers, and specialists in large language model operations. This integration aims to enhance the company’s ability to provide value-driven solutions, such as creating AI agents for customer service or building next-action engines.
Leadership and Strategic Vision
Dave Kilimnik, former CEO of Hero Digital, will serve as the acting Chief Executive Officer of OneSix during this transition. Kilimnik described the acquisition as transformative for OneSix and its clientele. “By uniting our capabilities, we set a new standard in providing seamless integration of data and AI solutions, empowering enterprises to unlock AI’s transformative value and achieve meaningful business outcomes,” said Kilimnik.
Strong Analytics’ co-founders, Brock Ferguson and Jacob Zweig, bring considerable experience in deploying ML and AI solutions across various sectors, including financial services, pharmaceuticals, and technology. Ferguson emphasised the shared vision and complementary strengths of the two companies. “Our combined expertise will establish a new benchmark for delivering AI and data-driven solutions,” he stated.
Market Context and Client Services
The alliance aims to address a significant gap in the Snowflake ecosystem. While many partners can migrate data to Snowflake’s cloud infrastructure, the new OneSix will focus on utilising that data for high-impact business applications. According to projections, Snowflake software revenue will increase substantially from $2 billion to $10 billion by 2029, highlighting the growing demand for advanced data solutions.
Company Backgrounds
OneSix is a data engineering company that aids organisations in developing strategies, technologies, and teams to harness data effectively. The company collaborates with client teams to overcome business challenges and drives value, leveraging partnerships with various technology firms like Snowflake, Matillion, Fivetran, and Pyramid Analytics.
Strong Analytics specialises in machine learning software, providing custom solutions across industries. Before the acquisition, it was owned by Advantage Solutions Inc., a provider of business solutions to consumer goods manufacturers and retailers.
Implications for the Industry
The merger signifies a trend where companies are increasingly merging data engineering with AI capabilities to offer comprehensive solutions for businesses seeking to leverage big data and AI. This model aims to streamline operations, boost efficiency, and create new growth opportunities through advanced analytics and machine learning.
Future Prospects
With this acquisition, OneSix aims to expand its service offerings and client base significantly. The focus will be on providing end-to-end data and AI solutions that enable enterprises to derive actionable insights and achieve long-term growth objectives.
Both companies maintain dedicated online platforms for more information.
OneSix can be reached at www.onesixsolutions.com, and Strong Analytics at www.strong.io. For media inquiries, Dana Madama is the point of contact via email ([email protected]).
The completion of this acquisition illustrates the growing convergence of data engineering and AI in the business landscape, a trend that is likely to shape the future of enterprise solutions.
