Bain & Company today announces the acquisition of Pangea, an Italian data science boutique. Pangea’s team will join Bain& Company’s existing Advanced Analytics Group based in its Milan Digital Innovation Hub, bringing specialised knowledge in the area of data science technologies applied to improve management decisions and business performances.
Since 2009, Pangea has supported numerous clients to innovate and improve their internal processes. The team is composed of exceptionally qualified individuals with backgrounds in maths, science and engineering. One of their key areas of expertise is offering hands-on training to senior client executives to enable them to apply theoretical data tools to practical, real-world applications.
“We are glad to have Pangea, a company that applies the most advanced scientific methodologies to resolve business problems, as part of the Bain & Company team. With the age of transformation booming, advanced analytics creates entirely new opportunities for organizations to compete in.”
“With our new colleagues, we will continue to adapt, cut through all the strategic challenges, predict trends, analyze data and develop key insights to help drive new value for our clients.” said Tom De Waele, Partner and Managing Director at Bain & Company Middle East.
“Having already partnered with Bain& Company on multiple client projects, we have seen first-hand the dedication to achieving remarkable client results,” said Francesco Piccolo, co-founder and CEO of Pangea. “Together we will continue to increase the expertise available to clients who want to understand and leverage data to enable their digital transformation.”
“The acquisition of Pangeais a substantial addition to our digital capabilities in Europe and enhances our analytics toolset both in Italy and beyond,” said Domenico Azzarello, EMEA managing partner at Bain & Company. “In the current climate, the need to leverage data to shape business strategy is more important than ever and our four Digital Innovation Hubsspread in key European locations allow us to work hand-in-hand with our clients in their transformation journeys.”
