Accenture expands AI Refinery platform in Europe with sovereign capabilities

PARIS - Accenture (NYSE: ACN), a $200.9 billion market cap technology consulting powerhouse and prominent player in the IT Services industry, has expanded its AI Refinery platform in Europe with new sovereign and agentic capabilities designed to help organizations maintain control over critical data while implementing AI solutions, according to a company press release. According to InvestingPro data, the company maintains strong financial health with annual revenues of $67.2 billion.

The expanded platform, built on NVIDIA Enterprise AI, offers configurable AI models tailored to national languages and contexts, with deployment options that ensure data remains within national jurisdictions. This addresses growing concerns about data sovereignty, particularly for public sector and critical infrastructure industries such as energy, telecommunications and defense. With a solid financial foundation and an operating margin of 32.2%, Accenture appears well-positioned to support this expansion. Want deeper insights? InvestingPro offers 8 additional key tips about Accenture’s financial performance and market position.

"AI provides a unique opportunity for Europe to reinvent its economy, drive productivity, resilience and competitiveness," said Mauro Macchi, Accenture’s CEO for Europe, Middle East and Africa.

Accenture estimates Europe will represent up to 30% of the global sovereign AI market by 2030. The company is currently working with a European public utility to deploy sovereign GPUs as-a-service, ensuring AI compute resources remain secured within national borders.

The platform also introduces physical AI capabilities for manufacturing, including a software development kit that leverages NVIDIA Metropolis for video and image analysis. KION AG is exploring these capabilities to enhance safety and productivity in manufacturing and warehouse automation.

Several European organizations are already implementing the platform. L’Oréal-backed startup Noli is using AI Refinery to create an AI-powered beauty advisor for its marketplace. Nestlé is launching an AI service developed with Accenture that creates product content using digital twins powered by NVIDIA Omniverse.

Accenture first unveiled its AI Refinery platform in October 2024 and reports filing 55 patent applications across 10 countries. The platform is available on public and private cloud platforms and integrates with other Accenture Business Groups.

In other recent news, Accenture has announced an investment in Reserv, an insurance claims processing firm specializing in AI-driven solutions. This strategic move aims to enhance the efficiency and accuracy of insurance claims handling, with Reserv leveraging artificial intelligence to analyze extensive data sets. Accenture Ventures’ investment will help Reserv expand its business model and integrate services for global carriers managing complex datasets. Additionally, Accenture is partnering with OP Financial Group to modernize its non-life insurance division, Pohjola Insurance, by migrating IT applications to a cloud-based platform. This collaboration will utilize generative AI and advanced analytics to improve operational efficiency and customer service.

In leadership developments, Accenture has appointed Ndidi Oteh as the new CEO of Accenture Song, effective September 1, 2025. Oteh will succeed David Droga, who will transition to a strategic role as vice chair across Accenture. Meanwhile, TD Cowen has reaffirmed its Buy rating on Accenture shares with a price target of $336, despite industry growth concerns highlighted by Booz Allen’s recent financial disclosures. Lastly, Accenture and SAP have launched a joint offering named ADVANCE, aimed at assisting organizations with their transition to the cloud, promising modernization within a six to twelve-month timeframe.

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