Deal establishes a further regional hub under Bain's global Advanced Analytics Group.
Bain & Company has acquired PiperLab, a European provider of artificial intelligence (AI) and machine learning (ML) solutions, to further scale Bain's AI and ML offerings for clients throughout Europe, the Middle East and Africa (EMEA). The deal establishes an additional Advanced Analytics and AI hub under Bain's global Advanced Analytics Group (AAG) – the firm's AI practice.
Based in Madrid and founded in 2015, PiperLab aims to provide companies with data-driven solutions that improve operations, increase productivity, and reduce costs. Now, as part of Bain's AAG EMEA operations, Bain and PiperLab will work together as a unified and multidisciplinary team that will harness the power of Bain's full suite of AI products and solutions to help clients to secure real business value.
