Goto

Collaborating Authors

 Professional Services


Artificial Intelligence with Salesforce and Accenture

#artificialintelligence

Humans remains at the center of AI. AI adds a new level of personalization and teaches us what makes us human. With AI, creativity will become more important is the workplace.


Machine learning methods (infographic)

#artificialintelligence

Our visual primer shows the most common ones in use and the business problems they solve. Artificial intelligence (AI) and machine learning are a hot topic in the enterprise, with company leaders having high hopes for how they can be used to improve and automate business processes. In fact, some 54% of organizations are making substantial investments in AI today, and that number jumps to 63% in three years, according to our 2017 Global Digital IQ Survey. So how will AI solve business problems, like helping you figure out why you're losing customers or assessing the risk of a credit applicant? It depends on a number of factors, especially the data you are working with and the type of training that will be required.


Analysis Half of millennials could be competing with robots for jobs

#artificialintelligence

About half of millennials looking for work are interested in jobs that carry a risk of automation, a new study suggests. The findings indicate the youngest and most educated generation in the American workforce isn't necessarily more robot-proof than older workers, who tend to be portrayed as the primary victims of automation. "Millennials show a considerable amount of interest in occupations that face a threat of automation," said Daniel Culbertson, an economist at the Indeed Hiring Lab, the research institute attached to the international job site, and the author of the report. "That gets lost when people talk about millennials being so highly educated and more interested in tech roles." A college degree doesn't protect against robot rivals because even well-paid, highly skilled jobs could shrink or vanish in the near future, he said. Recent graduates who land high salaries aren't impervious if their job is characterized by repetitive tasks and decisions.


Artificial Intelligence, IoT, Big Data driving a new transition wave: Accenture's Bhaskar Ghosh

#artificialintelligence

Technology changes are all around us, and coming faster than ever. Today, every business is a digital business, and people are engaging with and relying on technology more than before. "While technology has long been developed to serve specific business needs, we are now in an era where people are central to the design and development of technologies," says Bhaskar Ghosh, group chief executive, Accenture Technology Services. Accenture's Tech Vision for 2017 stresses on'technology for people' as the core theme. What is driving this finding?


How artificial intelligence is pushing man and machine closer together

#artificialintelligence

With more than $5 billion in 605 deals of VC investment over last 2 years, artificial intelligence (AI) is poised to have a transformative effect on consumer, enterprise, and government markets around the world. While there are certainly obstacles to overcome, consumers believe that AI has the potential to assist in medical breakthroughs, democratize costly services, elevate poor customer service, and even free up an overburdened workforce. We dug deeper into those perceptions through an online survey of consumers and business decision makers, and an expert salon with thought leaders in the field. This original research unpacks key ways AI may impact our world, delving into its implications for society, service, and management.


PwC: Artificial Intelligence Will Be The Business Advantage Of The Future

#artificialintelligence

Business decision makers are optimistic about artificial intelligence and the impact it will have on their businesses, according to a new study by PwC. "A Revolutionary Partnership: How AI Is Pushing Man And Machine Closer," a survey of 2,500 U.S. consumers and business decision makers, found that business leaders, specifically, believe AI is going to be fundamental in the future. In fact, 72% termed it a "business advantage." Business decision makers said they are most optimistic about AI's potential to increase efficiencies with automated communications and alerts to enable more proactive approaches (70%) and to improve big data analytics (59%). Additionally, PwC found, AI has the potential to minimize customer service pain points, with consumers beginning to prioritize AI service experiences over human contact.


Accenture adopts German accent for AI research » Banking Technology

#artificialintelligence

Accenture and the German Research Centre for Artificial Intelligence (DFKI) have formed an alliance to make the most out of artificial intelligence (AI) technologies. Accenture will get access to DFKI research results, AI tools, and its "Living Labs". Prof. Dr. Wolfgang Wahlster, CEO of DFKI, says it is seeing a "high degree of maturity for applications in the areas of smart data and services, deep learning, human-robot-collaboration and AI-based retail". According to Accenture, AI is a major growth and productivity factor for the economy, and is projected to boost labour productivity by up to 40% through "fundamentally changing how we work and reinforcing the role of people to drive growth in business". The firm adds that AI has the potential to more than double Germany's annual growth rate of gross value added from 1.4% to 3% by 2035.


AI software start-up Airts nets six-figure PwC deal

#artificialintelligence

Artificial intelligence (AI) software start-up Airts has landed a six-figure contract with accounting giant PwC for its system that helps to manage the workload of employees. The Edinburgh-based firm, which launched in 2013 and has an eight-strong team, is now preparing to roll out its software, dubbed Braid, to more clients across the UK and overseas on the back of the deal with the PwC service delivery centre in Poland. Its software aims to ease the burden on employers and staff of managing their workloads by using AI to automate schedules and allocate tasks depending on factors such as their capacity and skills. Chief executive and co-founder Andrew Bone said: "Major professional services firms like PwC constantly have to decide how best to allocate staff to client engagements in a way that balances the competing needs of the customer, the wellbeing of staff and, ultimately, the bottom line. Braid supports companies to overcome this challenge at scale by optimising the schedule as circumstances change." Airts, co-founded by chief technology officer Dr Alastair Andrew, has been supported by business accelerator programme Entrepreneurial Spark and last year raised £300,000 of seed investment from Scottish angel investors to fund its growth.


Analytics in banking: Time to realize the value McKinsey & Company

#artificialintelligence

Results like these are the good news about analytics. But they are also the bad news. While many such projects generate eye-popping returns on investment, banks find it difficult to scale them up; the financial impact from even several great analytics efforts is often insignificant for the enterprise P&L. Some executives are even concluding that while analytics may be a welcome addition to certain activities, the difficulties in scaling it up mean that, at best, it will be only a sideline to the traditional businesses of financing, investments, and transactions and payments. Analytics can involve much more than just a set of discrete projects.


Insurance Customers Need to Get Used to Talking to Machines

#artificialintelligence

Frustrated with automated answering machines before you finally get to speak with a customer service representative? When it comes to insurance, you'll just as likely end up dealing with a robot as a human within three years, according to a survey by Accenture Plc. About two-thirds of insurers already use artificial intelligence-based "virtual assistants," the consulting firm said in the report, which was published on Wednesday. Of the executives who took part in the survey, 85 percent said they plan to invest "significantly" in AI in the next three years. "It's coming pretty quickly," John Cusano, global head of Accenture's insurance practice, said in a telephone interview.