Analysys Mason buys Swedish AI consultancy Modulai

Analysys Mason has acquired Modulai, a Swedish artificial intelligence consultancy founded in 2018. Modulai employs a team of approximately 35 engineers who specialize in various technical fields, including generative AI, computer vision, natural language processing, recommender systems, and robotics.

The consultancy builds custom solutions for a diverse client base that ranges from startups and scaleups to private-equity portfolio companies and Fortune 1000 organizations. Following the acquisition, Modulai leadership emphasized that successfully capturing value from artificial intelligence depends on overcoming organizational bottlenecks and implementing bold strategies, alongside utilizing the underlying technology.