Bain & Company, a global management consulting firm, has recently acquired Max Kelsen Consulting to strengthen its artificial intelligence (AI) and machine learning (ML) capabilities. Max Kelsen Consulting, based in Australia, is known for its expertise in delivering ML systems, AI-powered applications, and advisory services to clients.
With this acquisition, Max Kelsen Consulting will become a part of Bain’s Advanced Analytics Group (AAG), working to develop and operationalize high-impact AI and ML solutions for enterprises. The integration of Max Kelsen’s team of full stack ML engineers with Bain’s Advanced Analytics Group will enable the two entities to offer enhanced ML and AI capabilities to clients worldwide.
The growing demand for AI-related services and engineering capabilities has prompted Bain to expand its offerings in this space. By bringing in Max Kelsen Consulting’s industry-leading machine learning expertise, Bain aims to provide more powerful solutions to its clients and enable them to be early adopters of AI technology.
Richard Fleming, leader of Bain’s Advanced Analytics Group in Asia Pacific, expressed his excitement about the acquisition, stating that it will strengthen their suite of AI and ML capabilities on a global scale. Max Kelsen Consulting has an impressive track record of working with Australian and global companies to build and deploy ML solutions across various industries, including healthcare & life sciences, mining, financial services, and retail.
Nicholas Therkelsen-Terry, co-founder and CEO of Max Kelsen, believes that joining forces with Bain will help companies navigate the disruptions brought on by generative AI. He emphasized the importance of using AI tools effectively in today’s rapidly evolving business climate, where companies that understand and leverage these tools stand to gain a competitive advantage.
Max Kelsen Consulting has previously partnered with market-leading cloud providers, such as Amazon Web Services and Google Cloud Platform, to deliver ML and AI solutions to their clients. The company’s expertise extends to real-time prediction, forecasting, computer vision, industrial control optimization, and robotics, among other areas.
As the world increasingly embraces AI and ML technologies, the acquisition of Max Kelsen Consulting by Bain & Company signifies the consulting firm’s commitment to staying at the forefront of these advancements. By combining their knowledge and resources, Bain and Max Kelsen Consulting will be well-positioned to address the growing demand for AI and ML solutions across industries and help clients unlock the full potential of these technologies.
