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Accenture Invests in Voltron Data to Help Organizations Use GPU Technology to Simplify Large-Scale Data Processing
February 21, 2025 | BUSINESS WIREEstimated reading time: 2 minutes
Accenture announced an investment in Voltron Data, a company that is building software to unlock the next generation of accelerated computing that underpins modern AI applications. This investment, made through Accenture Ventures, will support Voltron Data in its efforts to help organizations use advanced computing technology to speed up large-scale analytics, used for generative AI and machine learning applications.
Founded in 2021 and headquartered in Mountain View, California, Voltron Data’s core solution—Theseus —is a SQL query engine that can enable enterprises to process petabyte-scale data faster and at a lower cost than traditional CPU-based systems.
Many enterprises lack effective methods to quickly garner insights from their massive datasets, leading to slower decision-making and missed opportunities. Theseus uses accelerated hardware, including graphics processing units (GPUs), to quickly analyze log, machine and tabular data - handling what used to be hours-long queries in minutes. For example, cybersecurity systems for financial service institutions generate dozens of terabytes of data daily. With Theseus, organizations can cut the total time to insights by skipping long ingest times and using GPUs to power through data.
Theseus is built to help companies take advantage of GPUs and full system hardware accelerators, on-premise or in the cloud, enabling data preprocessing for AI/ML workloads on GPUs which unifies data analytics and AI pipelines on the same infrastructure, while also reducing energy consumption and data center footprint.
David Wood, Accenture’s Technology Consulting lead, said, “Companies across all industries are increasingly using massive datasets to solve complex problems that are beyond the capabilities of traditional infrastructure. Combining Accenture’s expertise in accelerated and high-performance computing with Voltron Data’s large-scale data processing platform, companies can better realize the full potential of their data assets and unlock new kinds of business value.”
Like Accenture, Voltron Data works with some of the largest global banks, communications, media & technology firms and governments.
“Banks are sitting on an enormous amount of trapped data with the potential to fuel the next generation of AI-powered products and services,” said Michael Abbott, Accenture’s Banking & Capital Markets industry group lead. "Through its Theseus software, Voltron Data can enable banks and others to unlock their data and then quickly move, scale and analyze it in a way that is both cost effective and sustainable. It’s like transforming a one lane road into a multi-lane highway.”
“This investment and collaboration gives Voltron Data greater reach to empower customers looking to capture the massive opportunities of the artificial intelligence boom,” said Craig Dunham, CEO of Voltron Data. “Working with Accenture means following their historic record of creating value from innovation, expanding our channel partnerships to increase awareness and helping more customers harness the power of their data.”
Voltron Data is the latest company to join Accenture Ventures’ Project Spotlight, a vertical accelerator for data and AI companies. Project Spotlight offers extensive access to Accenture’s domain expertise and its enterprise clients, helping startups harness creativity and deliver on the promise of their technology.
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Rachael Temple - AlltematedSuggested Items
Brent Laufenberg Appointed CIO of the Global Electronics Association, Advancing Technology and Member Services
07/31/2025 | Global Electronics AssociationThe Global Electronics Association (formerly IPC International Inc.) announces the appointment of Brent Laufenberg as its new Chief Information Officer (CIO).
SES AI Accelerates Timeline for Revenue Growth and Profitability with Acquisition of UZ Energy
07/31/2025 | BUSINESS WIRESES AI Corporation, a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced it has executed a definitive agreement to acquire 100% of UZ Energy, an energy storage systems (“ESS”) provider, for a purchase price of approximately $25.5 million, subject to earnout adjustment based on the achievement of specified financial targets.
Teramount Raises $50M to Address Growing Demand for AI Infrastructure Optical Connectivity
07/31/2025 | PRNewswireTeramount, the leader in scalable fiber-to-chip interconnect solutions for AI, data centers and advanced computing, today announced it has raised $50 million in financing led by new investor Koch Disruptive Technologies (KDT). Existing investors Grove Ventures and several new strategic investors, including AMD Ventures, Hitachi Ventures, Samsung Catalyst Fund and Wistron, joined the round.
Hon Hai Technology Group (Foxconn) and TECO Announce Strategic Alliance Targeting AI Data Center Capabilities
07/31/2025 | Hon Hai Technology GroupHon Hai Technology Group (“Foxconn”) and TECO Electric & Machinery Co Ltd (“TECO”) on Wednesday announced a share exchange, strategic alliance that will strengthen their AI infrastructure capabilities and propel the two Taiwanese tech majors into key markets in the global super-computing race.
Leveraging Chemical Data More Efficiently
07/29/2025 | Lynn L. Bergeson, Bergeson & CampbellSome truths transcend politics, one being that chemical data holds enduring value and is becoming increasingly essential. In the United States, regardless of which party federally controls the levers of power, it’s clear that chemical manufacturers and their customers must develop and curate robust data portfolios for their chemical inventories. The commercial imperatives driving this are undeniable and gaining traction.