The professional services company plans to build and expand new skills and capabilities across predictive, diagnostic, and generative AI by investing in industry solutions, assets, ventures, acquisitions, and ecosystem collaborations while doubling its AI personnel to 80,000
Accenture to expedite customers' reinvention with an investment of $3bn in its data and AI practice. (Credit: Maksym Kozlenko/Wikimedia Commons)
Accenture has announced an investment of $3bn in its data and artificial intelligence (AI) practice over three years to expedite the reinvention efforts of its clients.
The investment will support clients spanning all sectors to quickly and responsibly progress and leverage AI to bolster growth, efficiency, and resilience.
Accenture plans to build and expand new skills and capabilities across predictive, diagnostic, and generative AI by investing in industry solutions, assets, ventures, acquisitions, talent, and ecosystem collaborations.
According to the professional services company, the data and AI practice will double its AI personnel to 80,000 via a combination of recruitment, acquisitions, and training.
Besides, the company plans to introduce the new AI Navigator for Enterprise platform to assist customers in making decisions, defining business cases, navigating AI journeys, selecting architectures, and comprehending algorithms and models.
The generative AI-based platform will include assets developed to speed up responsible AI practices and compliance programmes.
Accenture chair and CEO Julie Sweet said: “Companies that build a strong foundation of AI by adopting and scaling it now, where the technology is mature and delivers clear value, will be better positioned to reinvent, compete and achieve new levels of performance.
“Our clients have complex environments, and at a time when the technology is changing rapidly, our deep understanding of ecosystem solutions allows us to help them navigate quickly and cost effectively to make smart decisions.”
Accenture will also establish a centre for advanced AI, which will be committed to maximise the uses of generative AI across clients and within the company.
The new centre will include extensive research and development and investments to advance service delivery with the help of generative and other emerging AI capabilities, said Accenture.
Furthermore, Accenture said that it will develop accelerators for data and AI readiness across 19 distinct sectors along with pre-built industry and functional models to utilise the new generative AI capabilities.
The company has already integrated AI across its service delivery strategy through its platforms, including myWizard, SynOps, and MyNav.