Professional Services
Automation is here to stay…but what about your workforce? Deloitte Financial Services
This Deloitte Global report outlines a clear roadmap for you to deploy RPA within your organization. Our paper indicates that companies that are not already considering automation as a component of a broader worker ecosystem will miss significant opportunities for efficiency, quality enhancement, risk mitigation, innovation, and ultimately growth. This report, Automation is here to stay…but what about your workforce?, is the first in a series of upcoming reports looking at automation in Financial Services. Read this report to learn what automation has to offer, and how that might impact your business. Contact a Deloitte professional to get strategic advice on how you can prepare your workforce for launching your next automation initiative.
AI in HR: Artificial intelligence to bring out the best in people
Whenever there's a need to draft a job description, Expedia Inc.'s 3,000-plus recruiters and hiring managers have the option to call on a writing coach. The online travel-booking company's writing companion is Textio Inc., an artificial intelligence application that runs in the cloud and analyzes each typewritten word in milliseconds to spot gender bias or other language that might turn off good candidates. The software generates an effectiveness score and suggests alternative phrasing, in effect teaching the recruiter how to write a job description more effectively. We are in the age of "the Facebook generation"-- millennials. They'll make up the majority of the workforce.
Why Automation and AI are Cool, Until They're Not - InformationWeek
Already, some vendors are touting their ability to replace salespeople and even data scientists. In the past, knowledge jobs were exempt from automation, but with the rise of machine learning and AI, that's no longer true. In the near future, machines will be able to do even more tasks that have historically been done by humans. Somewhere between doomsday predictions and automated utopia is a very real world of people, businesses and entire industries that need to adapt or risk obsolescence. One difference between yesterday's automation and today's automation (besides the level of machine intelligence) is the pace of change.
AI will rob companies of the best training tool they have: grunt work
Deloitte has what it calls an "apprenticeship model." The international auditing and professional services firm hires thousands of entry level employees with the expectation that most of them will work hard, then leave after they've learned marketable skills. The organization--like many companies--looks like a pyramid, with many more employees at the bottom level than at the middle or top level. That structure makes sense when there's a lot of grunt work to do. In the process of auditing a company, for instance, Deloitte employees used to pick up to 100 contracts to review manually.
Flipboard on Flipboard
Deloitte has what it calls an "apprenticeship model." The international auditing and professional services firm hires thousands of entry level employees with the expectation that most of them will work hard, then leave after they've learned marketable skills. The organization--like many companies--looks like a pyramid, with many more employees at the bottom level than at the middle or top level. That structure makes sense when there's a lot of grunt work to do. In the process of auditing a company, for instance, Deloitte employees used to pick up to 100 contracts to review manually.
Accenture Becomes Founding Sponsor of Vector Institute for Artificial Intelligence in Toronto
Accenture Becomes Founding Sponsor of Vector Institute for Artificial Intelligence in Toronto Institute Supported by Canadian, Ontario governments, Industry, and University of Toronto TORONTO; Mar. 30, 2017 – Accenture (NYSE: ACN) announced it is a founding sponsor of the new Vector Institute for artificial intelligence (AI) in Canada. The relationship is based on a shared mission to identify new business models for artificial intelligence and to position Canada as a global leader in the digital era. The goal of the new Vector Institute – a non-profit enterprise funded by industry and the federal and Ontario governments – is to help build and maintain Canada's position at the scientific forefront of the global shift to artificial intelligence (AI). Together with industry and educational organizations including the University of Toronto, the Vector Institute will promote and nurture Canadian talent and research excellence in deep learning and machine learning, and actively seek ways to enable and sustain AI-based economic growth in Canada. Canadian Finance Minister Bill Morneau wears Accenture's AI-enabled DAQRI Smart Helmet during the launch of the Vector Institute for AI at the MaRs Discovery District in Toronto, Ont.
Consulting Companies in Analytics, Data Mining, Data Science, and Machine Learning
Abbott Analytics, provides data mining consulting, knowledge transfer, and training for direct marketing, fraud detection, bioinformatics, and scientific computing. Algoritmica, providing consultancy and customized predictive analytics solutions for a number of international companies. Altius, specializes in the design and building of business-critical information systems that enhance business intelligence (BI) and performance management. Analytica, a consulting and IT firm serving US public and private sector enterprises focused on national security, law enforcement, health care and financial services. Analytics Advisory Group, offers services to improve your business outcomes by providing advisory, consulting, and training services anchored in Analytics. Analytical People offers a range of services, and resources, to any organisations who are looking to deploy Data Mining, Predictive Analytics or Statistical Analysis tools or methods. Anderson Analytics, focuses on helping clients gain the "Information Advantage" via quantitative and qualitative solutions to challenging marketing problems. Anthem Marketing Solutions, marketing and media strategists armed with the analytical capabilities and product solutions you need to deliver on your goals. Apteco, consultation and advice on the use of Faststats data mining to improve business insight and marketing campaigns. ASID Analytics provides data science consulting services, Tulsa, OK, USA. Austin Provider Solution, healthcare and managed care business intelligence solutions, including DSS for Hedis. Bayesia, providing consulting and customized solutions for computer-aided decision making, specializing in Bayesian Networks. Bentley University Center for Quantitative Analysis, provides professional analytical consulting services in support of fundamental and applied business research. Beyond the Arc, Inc., a strategic consultancy specializing in Voice of the Customer; uses analytics and text mining to translate customer data into knowledge, making customer experience more meaningful.
Artificial intelligence emerging as a force for good
The topic of artificial intelligence is getting a wealth of attention this year, and a new study from PricewaterhouseCoopers finds that businesses and consumers are warming up to the potential benefits of AI. The PwC study "Bot.Me: A revolutionary partnership" looks at the global impact of AI and was compiled from insights from a 2017 event that gathered AI experts and a survey of 2,500 consumers and business leaders. The study looks at the collective views of AI in society today and its future implications. There are several highlights from this study, including the fact that AI is no longer viewed as primarily a corporate tool to increase automation (and thereby kill jobs). Instead, it is seen as emerging technology that can handle global challenges.
Artificial Intelligence, IoT to help deliver million midday meals in India: Accenture
Accenture has launched Million Meals' project with NGO Akshaya Patra to increase the number of midday meals served to children in state-run schools. Disruptive technologies like Artificial Intelligence (AI) and Internet of Things (IoT) will enable organisations to deliver a million midday meals to schoolchildren in India, said a top official of software major Accenture. "We have applied AI, IoT and block-chain to exponentially increase the number of midday meals served to children in state-run schools under'Million Meals' project with NGO Akshaya Patra," said Accenture Labs Managing Director Sanjay Podder in a statement. Block-chain is a distributed database that compiles a growing list of ordered records called blocks. The US-based Accenture collaborated with the city-based Akshaya Patra Foundation, which operates the government-funded MidDay Meal Scheme in state-run and state-aided schools, in implementing the novel project with new IT products and solutions.