from Accenture Investing $3B in AI to Accelerate Customer Reinvention
- Expanding Data and AI Practices, Delivering New Industry Solutions and Pre-built Models to Help Companies in 19 Industries Drive Value
- We are also launching the AI Navigator for Enterprise Platforms to guide AI strategy, use cases, rigorous business cases, decisions and accountable policies.and Center for Advanced AI help maximize the value of generative AI and other AI
- Double AI talent to 80,000 through hiring, acquisitions and training
NEW YORK; June 13, 2023 – Accenture (NYSE: ACN) today helps clients across all industries advance and use AI quickly and responsibly to achieve greater growth, efficiency and resilience announced a three-year, $3 billion investment in data and AI practices.
“There is unprecedented interest in all areas of AI, and the significant investments we are making in data and AI practices will help our clients move from interest to action to value, with a clear business case. It will help us transition in a responsible way,” said Julie Sweet. , Chairman and CEO of Accenture. “As technology matures and provides distinct value, companies that build a strong AI foundation by deploying and scaling it will have the opportunity to reinvent, compete, and achieve new levels of performance. Our clients have complex environments, and in a world where technology is changing rapidly, our deep understanding of ecosystem solutions enables our clients to quickly and cost-effectively We can help you navigate and make smarter decisions.”
This investment builds on Accenture’s 10+ years of leadership in AI. His AI expertise at the company spans over 1,450 of his patents and pending patents worldwide, and his solutions for hundreds of large clients ranging from marketing to retail, security to manufacturing. . Accenture embeds his AI throughout its service delivery approach, driving efficiency, insight and accelerating value for thousands of clients through market-leading platforms such as myWizard, SynOps and MyNav. Six years before him, Accenture pioneered a responsible AI framework. It is now part of how Accenture serves its clients, is embedded in the company’s Code of Ethics, and is the cornerstone of its rigorous and responsible AI compliance program. Accenture is currently working with a number of clients on generative AI projects, including helping hotel groups manage customer inquiries and justice systems integrating judicial process information across hundreds of thousands of complex documents. I’m here.
Today’s announcement includes a range of investments Accenture is making to help companies develop the new strategies, operating models, business cases and digital core architectures they need to capitalize on AI innovation.
- Accenture invests in assets, industry solutions, ventures, acquisitions, talent and ecosystem partnerships to deepen and develop new skills and capabilities across diagnostic, predictive and generative AI.
- The Data & AI practice plans to double its AI workforce to 80,000 professionals through a combination of recruitment, acquisition and training.
- The new AI Navigator for Enterprise helps clients define business cases, make decisions, navigate AI journeys, choose architectures, and understand algorithms and models to drive value responsibly. A generative AI-based platform that helps Building on Accenture’s unique commitment, the platform includes assets designed to accelerate responsible AI practices and compliance programs.
- Accenture creates accelerators for data and AI readiness across 19 different industries, as well as pre-built industry and functional models that leverage new generative AI capabilities.
- To accelerate the use of generative AI, the company’s Advanced AI Center is dedicated to maximizing the value of this technology across clients and within Accenture. This includes significant R&D and investment in reimagining service delivery using generative and other new AI capabilities.
- Accenture invests in new and existing relationships across industry-leading cloud, data and AI ecosystems to reinvent the kind of work we offer our clients. For example, developers can use pre-built models to power prototyping, and creators can build dynamic virtual environments that can adapt to changes in the real world.
“AI will become a megatrend in the next decade as generative AI transforms 40% of all work hours, impacting industries, businesses and the way we live and work,” said Paul Daugherty, Group CEO of Accenture Technologies. It will change the way we work,” he said. “Our expansion of our Data & AI practice brings together all of Accenture’s strengths and breadth of strength to help our clients harness the full potential of AI to reimagine their strategies, technologies and ways of working to deliver responsibly and quickly. We create industry-specific solutions that help drive innovation and value to “best ever.” “
About Accenture
Accenture helps the world’s leading businesses, governments and other organizations build their digital cores, optimize operations, accelerate revenue growth, enhance citizen services and deliver tangible value at speed and scale. We are the world’s leading professional services company. We are a people and innovation leader, with 738,000 employees serving his clients in over 120 countries. Technology is at the heart of change today, and we are one of the world leaders in helping drive that change with our strong ecosystem relationships. We combine strength in technology with unmatched industry experience, functional expertise and global delivery capabilities. We uniquely offer a broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song to deliver tangible results. These capabilities, along with our culture of shared success and our 360 degree value creation commitment, enable us to help our clients succeed and build trusted and lasting relationships. Our success is measured by the 360 degree value we create for our clients, each other, our shareholders, our partners and our community. Visit www.accenture.com.
Forward-Looking Statements
Except for the historical information and discussion contained herein, the statements in this news release, including statements regarding the nature, timing and amounts of investments described in this news release and the expected benefits of such actions, are , may constitute forward-looking statements within the meaning of: Private Securities Litigation Reform Act of 1995. “may”, “will”, “should”, “likely”, “anticipate”, “aspire”, “expect”, “intend”, “plan” , such words as “plan”. The words “believe,” “estimate,” “position,” “outlook,” “target,” “goal,” and similar expressions are used to identify these forward-looking statements. . These statements are neither a guarantee of future performance nor a promise that goals or objectives will be achieved. They also involve a number of risks, uncertainties and other factors that are difficult to predict and may cause actual results to differ materially from those expressed or implied. These risks include the risk that Accenture’s investments in AI may not achieve the expected benefits for the company, and Accenture plc’s most recent Form 10 Annual Report, described under the heading “Risk Factors.” including, but not limited to, risks, uncertainties and other factors. -K and other documents filed or provided to the Securities and Exchange Commission. The statements in this news release speak only as of the date they are made, and Accenture does not update any forward-looking statements in this news release or rely on such statements as actual results or accuracy. We are not obligated to adapt or adapt to changes in our expectations.
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contact:
Rachel Frey
Accenture
+1 917 452 4421
rachel.frey@accenture.com
