KPMG LAUNCHES BIG DATA ANALYTICS INVESTMENT ARM TO GAIN RAPID MARKET ENTRY

Ewan Dunbar our consultant managing the role
Posting date: 11/11/2013 8:12 AM

KPMG, the global accountant and consultant has announced the formation of KPMG Capital, which will invest in big data and data analytics companies in Europe and beyond.

Headquarterd in London, KPMG Capital says it will primarily invest in big data and analytics businesses through strategic acquisitions and technology partnerships.

A growing fund

The initial value of the fund is believed to be worth $100 million (£66 million), and when required the KPMG Capital fund will be topped up with cash from its parent company.

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