New Delhi: Accenture plans to invest $3 billion over three years in data and artificial intelligence (AI) practices to drive AI adoption across all industries for “further growth, efficiency and resilience” is.
Outlining ambitious plans for AI, the IT services firm said it would invest in assets, industry solutions, ventures, acquisitions and ecosystem partnerships to develop new skills and capabilities across diagnostic and generative AI. rice field.
Additionally, the company plans to double its AI workforce to 80,000 through a combination of hiring, acquisitions and training.
Accenture has also launched “AI Navigator for Enterprises” to help customers utilize AI.
“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.
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“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.” “
Accenture joins a wave of companies looking to enrich their services and products with generative AI, a momentum led by technology giants such as Microsoft and Google.
Generative AI refers to AI systems that can generate text, audio, and video based on user-provided prompts.
On Monday, Salesforce doubled its venture capital funding for generative AI startups to $500 million and launched an AI cloud service that attracts companies by offering AI-powered products under one roof.
China’s Lenovo also announced that it will invest $1 billion over three years to encourage enterprises to adopt AI. The investment includes his additional $100 million commitment to expand the Lenovo AI Innovators program.
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