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Flutura

Full company profile

uuid0000pl6

Namestring
Flutura
Legal namestring
Flutura Decision Sciences and Analytics
Websiteurl
flutura.com
Company typeenum
Private
Founded yearint
2012
Descriptiontext

Flutura (legal name: Flutura Decision Sciences and Analytics) is an industrial AI and IoT solutions provider that builds data science applications for asset-intensive manufacturers. Founded in 2012 and headquartered in Houston with operational roots in Bengaluru, India, the company concentrated on two commercial outcomes — "Asset Uptime" and "Operational Efficiency" — using industrial IoT telemetry, predictive analytics, anomaly detection, digital twins, connected operations, and autonomous systems. Its vertical focus spanned energy, chemicals, mining, and pharmaceuticals, addressing pain points such as equipment reliability, process yield, safety compliance, and energy efficiency. Functional benefits emphasized by the company included productivity improvement, cost optimization, energy efficiency, safety enhancement, improved recoveries, and faster decision-making for engineering and operations leaders.

The company's core technology stack was branded as "Industrial Data Science Services," combining machine learning with multi-domain industrial physics to optimize processes for asset-heavy operators. Commercial distribution was enterprise-direct, with industrial-scale anchor customers; Hindustan Zinc was a named flagship relationship, where Flutura was contracted to deliver AI-led industrial transformation across mining, smelting, and manufacturing operations with an economic-impact target of ₹2,000 crore. Pricing was not publicly disclosed, and the business was structured around long-cycle enterprise services and outcome-linked engagements rather than transactional SaaS.

In June 2023, Accenture acquired Flutura to strengthen its industrial AI capabilities, and the company's offerings were absorbed into Accenture's Industrial Intelligence Suite. Post-acquisition, Flutura operates as a wholly-owned subsidiary within Accenture, with solutions distributed through Accenture's global professional services and consulting channels. Continued commercial activity is evidenced by 2026 partnerships with Hindustan Zinc and V-Spark DeepTech Ventures at the Zinnovation 2026 showcase.

Short descriptiontext

Flutura is an industrial AI and IoT solutions provider that builds data science applications to improve asset uptime and operational efficiency for asset-intensive manufacturers in energy, chemicals, mining, and pharmaceuticals. Acquired by Accenture in June 2023.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersHouston, United States
HQ citystring
Houston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
industrial AI solutions, predictive maintenance, industrial IoT analytics, asset performance management, digital twin solutions
Industry1 code
1AI/ML Solution Integration & MLOps Enablement
CodeBPAEAAAJPrimaryYes
NAICS code1 code
  • Other Communications Equipment Manufacturing334290
SIC code1 code
  • Totalizing Fluid Meters & Counting Devices3824
Product category
Industrial AI & IoT Analytics
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Flutura provides industrial data science and AI solutions for asset-intensive manufacturers, focusing on improving "Asset Uptime" and "Operational Efficiency." The company delivers industrial IoT-based analytics, predictive maintenance, digital twins, connected operations, and autonomous systems for the energy, chemicals, mining, and pharmaceutical sectors. Its offering combines machine learning, anomaly detection, and prescriptive analytics to optimize manufacturing processes.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Partnership targeting ₹2,000 crore in value delivery through productivity improvement, cost optimisation, asset reliability, energy efficiency, safety enhancement, improved recoveries and faster decision-making
Product overview1 text field

Flutura operates as an industrial AI and IoT solutions provider offering specialized data science services for manufacturers and asset-intensive companies. The company's core offering centers on Industrial AI Services that leverage machine learning and analytics to optimize operations in sectors including energy, chemicals, mining, and pharmaceuticals. Flutura was acquired by Accenture in June 2023 to enhance Accenture's industrial AI capabilities.

Product and service1 record
1Industrial AI Services
CategoryIndustrial AI & IoT Analytics
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Partnership2 partners
1V-Spark DeepTech Ventures
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-15
Description

Flutura entered into an agreement with V-Spark DeepTech Ventures at Zinnovation 2026, a strategic technology showcase and AI pitch forum focused on accelerating AI-led transformation across mining, smelting and manufacturing operations. The partnership aims to scale industrial AI solutions across the manufacturing sector.

cxotoday.com
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-05-15
Description

Flutura is one of the AI and deep-tech startups that Hindustan Zinc partnered with at Zinnovation 2026, deploying AI solutions across mining, smelting and manufacturing operations focusing on predictive maintenance, digital twins, connected operations and autonomous systems.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Enterprise AI software provider focused on industrial applications including predictive maintenance, asset performance, and process optimization — directly comparable to Flutura's industrial AI offering for asset-intensive manufacturers.

TypeDirect peer
Description

Industrial AI and IoT analytics platform specializing in asset performance and predictive maintenance for heavy industry, energy, and rail — directly overlaps Flutura's core industrial AI use cases.

TypeDirect peer
Description

AI solutions for industrial applications including predictive maintenance, anomaly detection, and asset optimization across energy, manufacturing, and defense — closely aligned with Flutura's industrial AI stack.

TypeDirect peer
Description

AI/analytics platform purpose-built for manufacturing operations, delivering real-time visibility, predictive maintenance, and process optimization — comparable vertical AI focus for industrial customers.

5AVEVA
TypeBroad incumbent
Description

Established industrial software and data infrastructure provider (including OSIsoft PI) serving process and manufacturing industries — broader portfolio but overlaps Flutura's industrial data/analytics use cases.

TypeBroad incumbent
Description

Industrial IoT and PLM software provider with ThingWorx platform for connected operations and predictive maintenance — broader CAD/PLM business but overlapping industrial AI capabilities.

TypeBroad incumbent
Description

Siemens' industrial IoT and analytics platform serving discrete and process manufacturers with predictive maintenance and asset optimization — large incumbent offering overlapping industrial AI services.

TypeBroad incumbent
Description

Honeywell's industrial analytics platform combining connected assets, process optimization, and predictive maintenance for manufacturing and process industries — competing incumbent in industrial AI.

TypeBroad incumbent
Description

GE's industrial software unit providing asset performance management, predictive analytics, and operations optimization for power, oil & gas, and manufacturing — directly comparable industrial AI offering.

TypeEmerging player
Description

Specialized AI platform for time-series anomaly detection and predictive operations in industrial environments — narrower scope but directly comparable to Flutura's anomaly detection capabilities.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors8 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Flutura

Industrial AI & IoT Analyticsflutura.com

Flutura is an industrial AI and IoT solutions provider that builds data science applications to improve asset uptime and operational efficiency for asset-intensive manufacturers in energy, chemicals, mining, and pharmaceuticals. Acquired by Accenture in June 2023.

What Flutura does

Flutura (legal name: Flutura Decision Sciences and Analytics) is an industrial AI and IoT solutions provider that builds data science applications for asset-intensive manufacturers. Founded in 2012 and headquartered in Houston with operational roots in Bengaluru, India, the company concentrated on two commercial outcomes — "Asset Uptime" and "Operational Efficiency" — using industrial IoT telemetry, predictive analytics, anomaly detection, digital twins, connected operations, and autonomous systems. Its vertical focus spanned energy, chemicals, mining, and pharmaceuticals, addressing pain points such as equipment reliability, process yield, safety compliance, and energy efficiency. Functional benefits emphasized by the company included productivity improvement, cost optimization, energy efficiency, safety enhancement, improved recoveries, and faster decision-making for engineering and operations leaders.

The company's core technology stack was branded as "Industrial Data Science Services," combining machine learning with multi-domain industrial physics to optimize processes for asset-heavy operators. Commercial distribution was enterprise-direct, with industrial-scale anchor customers; Hindustan Zinc was a named flagship relationship, where Flutura was contracted to deliver AI-led industrial transformation across mining, smelting, and manufacturing operations with an economic-impact target of ₹2,000 crore. Pricing was not publicly disclosed, and the business was structured around long-cycle enterprise services and outcome-linked engagements rather than transactional SaaS.

In June 2023, Accenture acquired Flutura to strengthen its industrial AI capabilities, and the company's offerings were absorbed into Accenture's Industrial Intelligence Suite. Post-acquisition, Flutura operates as a wholly-owned subsidiary within Accenture, with solutions distributed through Accenture's global professional services and consulting channels. Continued commercial activity is evidenced by 2026 partnerships with Hindustan Zinc and V-Spark DeepTech Ventures at the Zinnovation 2026 showcase.

Flutura firmographics

Firmographics
Name
Flutura
Legal name
Flutura Decision Sciences and Analytics
Website
https://flutura.com
Company type
Private
Founded year
2012
Operating status
Acquired
Headcount range
51–100 employees
Short description
Flutura is an industrial AI and IoT solutions provider that builds data science applications to improve asset uptime and operational efficiency for asset-intensive manufacturers in energy, chemicals, mining, and pharmaceuticals. Acquired by Accenture in June 2023.
Ownership category
akta.pro rank

Flutura industry classification

Industry
Product category
Industrial AI & IoT Analytics
NAICS
Other Communications Equipment Manufacturing (334290)
SIC
Totalizing Fluid Meters & Counting Devices (3824)
akta.pro primary industry
AI/ML Solution Integration & MLOps Enablement (BPAEAAAJ)

Keywords

  • Industrial AI solutions
  • Predictive maintenance
  • Industrial IoT analytics
  • Asset performance management
  • Digital twin solutions

Where Flutura is headquartered

Location

Headquarters

HQ city
Houston
HQ country
United States
HQ region
North America

Markets served

Flutura business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Distribution channels1 record

Marketing channels1 record

Flutura product offering

Product offering

Core offering

Flutura provides industrial data science and AI solutions for asset-intensive manufacturers, focusing on improving "Asset Uptime" and "Operational Efficiency." The company delivers industrial IoT-based analytics, predictive maintenance, digital twins, connected operations, and autonomous systems for the energy, chemicals, mining, and pharmaceutical sectors. Its offering combines machine learning, anomaly detection, and prescriptive analytics to optimize manufacturing processes.

Product overview

Flutura operates as an industrial AI and IoT solutions provider offering specialized data science services for manufacturers and asset-intensive companies. The company's core offering centers on Industrial AI Services that leverage machine learning and analytics to optimize operations in sectors including energy, chemicals, mining, and pharmaceuticals. Flutura was acquired by Accenture in June 2023 to enhance Accenture's industrial AI capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

  • Industrial AI Services

Quantifiable outcome

  • Partnership targeting ₹2,000 crore in value delivery through productivity improvement, cost optimisation, asset reliability, energy efficiency, safety enhancement, improved recoveries and faster decision-making

Companies that use Flutura

Customer profile

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Flutura technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature1 record

Flutura partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • V-Spark DeepTech VenturescoreStrategic or Co-development Partner · 15 May 2026Flutura entered into an agreement with V-Spark DeepTech Ventures at Zinnovation 2026, a strategic technology showcase and AI pitch forum focused on accelerating AI-led transformation across mining, smelting and manufacturing operations. The partnership aims to scale industrial AI solutions across the manufacturing sector.
  • Hindustan ZinccoreTechnology or Integration · 15 May 2026Flutura is one of the AI and deep-tech startups that Hindustan Zinc partnered with at Zinnovation 2026, deploying AI solutions across mining, smelting and manufacturing operations focusing on predictive maintenance, digital twins, connected operations and autonomous systems.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Flutura competitors and assessment

Company assessment

Direct peers

  • C3.ai: Enterprise AI software provider focused on industrial applications including predictive maintenance, asset performance, and process optimization — directly comparable to Flutura's industrial AI offering for asset-intensive manufacturers.
  • Uptake: Industrial AI and IoT analytics platform specializing in asset performance and predictive maintenance for heavy industry, energy, and rail — directly overlaps Flutura's core industrial AI use cases.
  • SparkCognition: AI solutions for industrial applications including predictive maintenance, anomaly detection, and asset optimization across energy, manufacturing, and defense — closely aligned with Flutura's industrial AI stack.
  • Sight Machine: AI/analytics platform purpose-built for manufacturing operations, delivering real-time visibility, predictive maintenance, and process optimization — comparable vertical AI focus for industrial customers.

Broad incumbents

  • AVEVA: Established industrial software and data infrastructure provider (including OSIsoft PI) serving process and manufacturing industries — broader portfolio but overlaps Flutura's industrial data/analytics use cases.
  • PTC: Industrial IoT and PLM software provider with ThingWorx platform for connected operations and predictive maintenance — broader CAD/PLM business but overlapping industrial AI capabilities.
  • Siemens Digital Industries (MindSphere): Siemens' industrial IoT and analytics platform serving discrete and process manufacturers with predictive maintenance and asset optimization — large incumbent offering overlapping industrial AI services.
  • Honeywell Forge: Honeywell's industrial analytics platform combining connected assets, process optimization, and predictive maintenance for manufacturing and process industries — competing incumbent in industrial AI.
  • GE Digital (Predix): GE's industrial software unit providing asset performance management, predictive analytics, and operations optimization for power, oil & gas, and manufacturing — directly comparable industrial AI offering.

Emerging players

  • Falkonry: Specialized AI platform for time-series anomaly detection and predictive operations in industrial environments — narrower scope but directly comparable to Flutura's anomaly detection capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Flutura social profiles

Digital presence

Flutura financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Flutura leadership team

Management profile

Number of profiles

Profiles2 records

Flutura funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Flutura M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flutura

What does Flutura do?

Flutura provides industrial data science and AI solutions for asset-intensive manufacturers, focusing on improving "Asset Uptime" and "Operational Efficiency." The company delivers industrial IoT-based analytics, predictive maintenance, digital twins, connected operations, and autonomous systems for the energy, chemicals, mining, and pharmaceutical sectors. Its offering combines machine learning, anomaly detection, and prescriptive analytics to optimize manufacturing processes.

Is Flutura a public or private company?

Flutura is a private company. It is classified as corporate owned and is currently acquired.

When was Flutura founded?

Flutura was founded in 2012. It employs 51 to 100 people.

Where is Flutura based?

Flutura is headquartered in Houston, United States, in the North America region.

Who are Flutura's main competitors?

Direct peers on record are C3.ai, Uptake, SparkCognition and Sight Machine. Broad incumbents are AVEVA, PTC, Siemens Digital Industries (MindSphere), Honeywell Forge and GE Digital (Predix). Falkonry is listed as an emerging player.

Does Flutura have an API?

No public API is recorded for Flutura.

What industry is Flutura in?

Flutura's product category is Industrial AI & IoT Analytics. Its primary akta.pro industry code is BPAEAAAJ, AI/ML Solution Integration & MLOps Enablement. Its NAICS code is 334290 and its SIC code is 3824.

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Live signals
GlobeNewswireRevolutionary Growth: Generative AI in IoT to Drive Predictive Maintenance and Anomaly DetectionResearchAndMarkets.com announced the release of the 'Generative AI in IoT Market Report 2026', forecasting the market to grow from $2.03 billion in 2025 to $2.61 billion in 2026 and reach $6.99 billion by 2030, with a compound annual growth rate of 28%. The report highlights key applications including predictive maintenance, real-time anomaly detection, and adaptive automation across manufacturing, healthcare, and transportation sectors. Specific company activities cited include Fortinet Inc.'s introduction of a generative AI IoT security assistant and Accenture Plc. 's acquisition of Flutura Limited to strengthen its industrial AI services.openPR.comGlobal Trends Insight: The Rapid Evolution of Cloud Computing in the Industrial IoT AI MarketThe Business Research Company published a market report forecasting the cloud computing in industrial IoT AI market to reach $274.64 billion by 2030, growing at a compound annual growth rate of 18.8%. In June 2023, Accenture acquired Flutura, an Indian cloud computing solutions provider specializing in industrial IoT, to enhance Accenture's industrial AI capabilities across energy, chemicals, mining, and pharmaceutical sectors. In December 2023, Renesas Electronics Corporation, a Japanese semiconductor manufacturer, launched AI Workbench, a cloud-based virtual platform for AI software design and testing hosted on Microsoft Azure.openPR.comKey Factors and Emerging Trends Shaping the AI in Oil and Gas Market EnvironmentThe AI in oil and gas market is forecasted to reach $7.51 billion by 2030 with a 13.3% compound annual growth rate, driven by cost reduction initiatives, stricter safety regulations, and advancements in AI software platforms. In March 2023, Accenture PLC, an Irish multinational professional services company, acquired India-based Flutura Decision Sciences and Analytics to enhance its digital capabilities and expand its portfolio of AI and data analytics services for the oil and gas sector. The article identifies multiple major technology and energy companies participating in this market as context for industry trends.The Business Research CompanyAI In Manufacturing Market Size, Demand Report 2025The AI in manufacturing market is projected to grow from $4.11 billion in 2024 to $24.39 billion in 2029, representing a compound annual growth rate of 43.3%, with Asia-Pacific identified as the largest and fastest-growing region. Rising automobile demand and increasing adoption of industrial robots are cited as key growth drivers, while US-China trade tensions and tariffs are noted as factors that could modestly reduce growth estimates by 0.7% by disrupting supply chains for industrial IoT components sourced from Germany and Japan. In June 2023, Accenture acquired Flutura, an India-based provider of industrial AI services, to expand its industrial AI portfolio and help clients achieve net zero goals.AccentureAccenture Completes Acquisition of FluturaAccenture has completed its acquisition of Flutura, an industrial artificial intelligence company based in Bangalore, India. This transaction strengthens Accenture's industrial AI services for clients in sectors such as energy, chemicals, metals, mining, and pharmaceuticals. The financial terms of the deal were not disclosed.The Indian ExpressAccenture to acquire Bengaluru-based AI firm FluturaAccenture announced the acquisition of Bengaluru-based industrial AI firm Flutura, though the financial terms were not disclosed. The deal involves integrating Flutura's 110 professionals to enhance Accenture's industrial AI services for sectors like energy and manufacturing. This move aims to accelerate client transformations in net-zero goals and industrial performance across global markets.Business StandardAccenture to acquire AI company Flutura; deal terms not disclosedAccenture announced the acquisition of industrial artificial intelligence company Flutura, which is headquartered in Bengaluru. This marks Accenture's third acquisition in the data and AI space in India, following previous purchases of Bridgei2i and Byte Prophecy. The financial terms of the deal were not disclosed.FinSMEsAccenture to Acquire FluturaAccenture has agreed to acquire Bangalore-based industrial AI company Flutura to enhance its industrial AI services for sectors such as energy, chemicals, and manufacturing. The acquisition aims to help clients improve plant performance and accelerate net zero goals, though the financial terms of the deal were not disclosed.AccentureAccenture to Acquire Industrial AI Company FluturaAccenture has agreed to acquire industrial artificial intelligence company Flutura, headquartered in Bangalore, India. The acquisition aims to strengthen Accenture’s industrial AI services to enhance plant and supply chain performance while helping clients achieve net zero goals faster. Terms of the deal were not disclosed.PR NewswireFlutura and Petrogenium Announce Global Partnership, Offering Customers Unprecedented Value through their Unique Expertise in Energy and DigitizationFlutura Business Solutions LLC and Petrogenium USA LLC announced a multi-year partnership to deliver integrated and digitalized projects, products, and services to the energy industry. The collaboration combines Petrogenium's 300+ years of collective oil and gas expertise with Flutura's AI and digitalization capabilities through its Cerebra Cognitive Digital Twin solution. The companies expect the partnership to help energy and manufacturing companies unlock operational value and support the industry's energy transition efforts.