Tech News Summary:
- Accenture plans to invest $3 billion over the next three years in its Data & AI practice to help clients across 19 industries advance and use AI quickly and efficiently, achieving greater growth, efficiency, and resilience.
- The investment includes initiatives such as creating accelerators for data readiness, launching the AI Navigator for Enterprise platform, and establishing an Advanced AI Center.
- Accenture aims to double its AI talent to 80k professionals through recruiting, acquisitions, and training. The company’s AI expertise spans over a decade with more than 1,450 patents worldwide. This investment is expected to transform industries in the next decade.
Accenture, a leading global professional services company, has announced its plan to invest $3 billion over the next three years to bolster its artificial intelligence (AI) capabilities. In a press release, Accenture stated that this significant investment will focus on scaling Accenture’s AI technology to meet increasing client demand for innovative, intelligent solutions.
Accenture believes that AI has the potential to revolutionize industries and create new market opportunities for organizations. This has been particularly evident during the ongoing pandemic, where AI has proven to be crucial in managing the crisis and supporting the economy.
The investment will be used to expand Accenture’s AI services and enhance its AI research capabilities. In addition, Accenture will also broaden its partnership with academia in the AI field to accelerate innovation and bring new ideas to the marketplace.
“AI is fundamental to the creation of new business models and transforming traditional industries. We see it as the key enabler for our clients to reinvent their businesses,” said Julie Sweet, CEO of Accenture. “By significantly investing in AI and expanding our capabilities, we can help our clients better meet the challenges of today’s rapidly-evolving marketplace.”
Accenture’s AI technology focuses on three core areas: intelligent automation, data science, and conversational AI. The company has a proven track record of delivering AI solutions that help clients drive growth, reduce costs, and improve customer experiences.
With the new investment, Accenture intends to accelerate its delivery of AI solutions that will amplify the impact of human ingenuity. “We believe AI has the potential to unlock new possibilities for our clients and society, and we are excited to expand our capabilities to help create a better future for all,” Sweet concludes.