Source: Benzinga

AnswerRocket: AnswerRocket Acquires Cognitive Spark to Accelerate Agentic AI Transformation for Enterprises

Strategic acquisition adds deep data science capabilities to AnswerRocket's AI consulting services AnswerRocket, a pioneer in enterprise AI solutions since 2013, today announced the acquisition of Cognitive Spark, a management consulting firm that specializes in developing advanced data science and machine learning algorithms for enterprises. Cognitive Spark's team immediately strengthens the company's ability to transform complex data science into accessible insights through agentic AI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250422699568/en/ AnswerRocket Acquires Cognitive Spark to Accelerate Agentic AI Transformation for Enterprises The integration of Cognitive Spark's capabilities with AnswerRocket's consulting practice and its agentic Max AI platform will enable clients to: Close the gap between strategic business initiatives and technical capabilities Transform data science from a specialized function to an enterprise-wide capability Solve complex business problems through custom machine learning algorithms and accurate data foundations Deploy AI agents that autonomously perform advanced statistical analysis Reduce time-to-insight from weeks to minutes for business decision-makers Maintain enterprise-grade governance and security for AI-powered analytics Making Advanced Analytics Accessible with Agentic AI Enterprises today invest millions in data science capabilities yet struggle to translate this investment into business impact. The disconnect between sophisticated analytical models and business decision-makers creates a costly gap where valuable insights remain trapped within specialized teams. AnswerRocket's expanded capabilities address this challenge through agentic AI solutions that solve critical business problems and deliver actionable insights. Cognitive Spark's expertise will enable AnswerRocket to create and deploy intelligent AI agents that automate complex data science routines for various use cases, such as pricing optimization, demand forecasting, and predictive customer analytics. Providing AI agents with data science tools makes advanced analytics accessible and actionable for business users, via AnswerRocket's Max AI or the customer's preferred agentic platform. Ensuring Data Readiness for Enterprise AI Adoption Critical to any successful AI implementation is the quality and accuracy of the underlying data. The combined expertise of AnswerRocket and Cognitive Spark addresses this foundational challenge through comprehensive data readiness services, including data engineering, data cleansing, and data harmonization. These capabilities ensure that AI solutions operate on reliable information, producing trustworthy insights that executives can confidently use for strategic decision-making. This end-to-end approach addresses the entire AI value chain, from data preparation and quality assurance to advanced analytics and business-ready insights. Strategic Expansion of AI Consulting Practice "Our acquisition of Cognitive Spark directly tackles the 'last mile problem' of data science, where valuable data insights often fail to reach decision-makers," said Jim Johnson, Managing Partner of AI Solutions and Consulting at AnswerRocket. "By joining agentic AI and data science, we can make advanced analytics broadly available to business users, enabling them to confidently make critical decisions on a daily basis." Cognitive Spark brings extensive experience in advanced analytics across multiple industries, including retail, financial services, healthcare, and construction. The Cognitive Spark team will be joining AnswerRocket, led by Andrew Sweet, current CEO of Cognitive Spark, who will serve as Vice President, Enterprise AI Solutions. "Joining AnswerRocket creates an unparalleled opportunity to scale the impact of advanced data science," said Sweet. "Organizations often struggle to bridge sophisticated analytics and practical business applications. By combining our expertise with AnswerRocket's agentic AI services, we're making advanced analytics truly accessible and driving real business impact." About AnswerRocket Founded in 2013, AnswerRocket is an enterprise AI solutions company that helps organizations achieve measurable results through AI transformation. The company provides end-to-end services including AI strategy and advisory, data architecture and engineering, custom AI solution development, operationalization and adoption support, and ongoing evolution of AI implementations. The company's proprietary frameworks and accelerators-including its agentic AI platform, Max AI-enable rapid development of enterprise-grade AI solutions that seamlessly integrate with existing infrastructure. For more information, visit www.answerrocket.com . About Cognitive Spark Cognitive Spark is a specialized data science firm focused on developing advanced machine learning algorithms and AI solutions for enterprise applications. Cognitive Spark's team of data scientists and AI specialists excels at creating custom predictive models and automated analytics solutions that deliver measurable business impact. The firm's distinctive management consulting practice bridges the critical gap between technical capabilities and strategic business objectives, helping C-suite executives transform data insights into actionable corporate strategies and operational improvements. For more information, visit www.cognitivespark.ai . View source version on businesswire.com: https://www.businesswire.com/news/home/20250422699568/en/ Tate Mikkelsen C: 347-453-0910 E: answerrocket@10fold.com Market News and Data brought to you by Benzinga APIs

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Est. Annual Revenue
$5.0-25M
Est. Employees
25-100
Alon Goren's photo - CEO of AnswerRocket

CEO

Alon Goren

CEO Approval Rating

90/100

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