Professional Services
Is artificial intelligence sexist?
Managing director of AI at Accenture in Canada, host of The AI Effect podcast with Amber Mac, which launches Season 2 on Oct. 23 Artificial intelligence (AI) is bringing amazing changes to the workplace, and it's raising a perplexing question: Are those robots sexist? While it may sound strange that AI could be gender-biased, there's evidence that it's happening when organizations aren't taking the right steps. In the age of #MeToo and the drive to achieve gender parity in the workplace, it's critical to understand how and why this occurs and to continue to take steps to address the imbalance. At Accenture, a global professional services company, we have set a goal to have a gender-balanced work force by 2025. There is no shortage of examples that demonstrate how a diverse mindset leads to better results, from reports of crash test dummies that are modelled only on male bodies, to extensive academic studies on the performance improvements at firms with higher female representation.
Industry 4.0: The critical facts - SIGnals
Industry 4.0 has been dubbed the next industrial revolution, with many analysts expecting the digitalisation of manufacturing to revolutionise how goods are processed and produced. Global consulting firm PwC surveyed more than 2,000 'first movers' from nine major industrial sectors to see how they approached Industry 4.0. Performance improvements will be made with smart manufacturing initiatives like integrated planning, scheduling, and predictive maintenance. This is because intelligent machines are available permanently and without interruption. They can identify and report when they need to be serviced or have parts replaced.
Global Bigdata Conference
What will "the new normal" look like for our HR leaders as we approach 2020? It's been nine years since McKinsey & Company coined the phrase, 'the new normal," referring to the fundamental changes in the business landscape following the Great Recession of 2008. We are witnessing revolutionary, not just incremental change. As Paul Daugherty said in his best selling book, "Human Machine: Re-imagining Work in the Age of AI," the workplace experience is changing in profound ways. According to research conducted by Accenture and the World Economic Forum, 87% of workers polled believe new technologies like artificial intelligence will improve their work experience and they are willing to invest their free time over the next few years to learn new skills to supplement their current ones.
Accenture introduces Ella and Ethan, AI bots to improve a patient's health and care using the Accenture Intelligent Patient Platform
Accenture will provide live demos of Ella and Ethan at the Accenture Dreamforce booth #1500, between Sept. 25 and Sept. 28. Click here to learn more about the Accenture Intelligent Patient Platform and additional AI capabilities that have been designed to enable a change in how healthcare organizations are using advanced analytics to drive unique clinical and economic value. Salesforce, Health Cloud, Einstein and others are among the trademarks of salesforce.com,
PwC: Romania has huge potential in the field of AI due to local talents in robotics, technology and IT - Business Review
According to the report, global GDP could be up to 14 percent higher in 2030 as a result of AI. This is the equivalent of an additional USD 15.7 trillion – making it the biggest commercial opportunity in today's fast changing economy. Of this, USD 6.6 trillion is likely to come from increased productivity and USD 9.1 trillion from consumption side effects, the report shows. Accordingly, growth will be driven by three factors: productivity gains from businesses automating processes (including use of robots and autonomous vehicles); productivity gains from businesses augmenting their existing labour force with AI technologies (assisted and augmented intelligence) and increased consumer demand resulting from the availability of personalised and/or higher-quality AI-enhanced products and services. Over the past decade, almost all aspects of how we work and how we live – from retail to manufacturing to healthcare – have become increasingly digitised, the report notes.
Artificial Intelligence threatens to devastate jobs in developing world
In the China model, a nation leverages its large population and low costs to build a base of blue-collar manufacturing. It then steadily works its way up the value chain by producing better and more technology-intensive goods. In the India model, a country combines a large English-speaking population with low costs to become a hub for outsourcing of low-end, white-collar jobs in fields such as business-process outsourcing and software testing. If successful, these relatively low-skilled jobs can be slowly upgraded to more advanced white-collar industries. Both models are based on a country's cost advantages in the performance of repetitive, non-social and largely uncreative work -- whether manual labor in factories or cognitive labor in call centers.
Management Consulting's AI-powered Existential Crisis
Smart technology is as much a threat to strategy consulting as it is proving to be to Wall Street. This article is part of an MIT SMR initiative exploring how technology is reshaping the practice of management. We all understand that AI is a disruptive force in the market, but it still takes some convincing for many of us to accept just how deeply AI will affect even highly skilled knowledge-based industries. Management consulting offers a prime example. A $250 billion industry filled with some of the smartest people on the planet, consulting tends to view itself as an elite, untouchable echelon of the business world. But it is vulnerable to the same market forces that are disrupting services everywhere.
Tata Consultancy Services
Be it the steam engine, electric bulb, computer, or robot, machines have been at the core of industrialization evolution from the late 18th century through today's Industry 4.0. They have been there for us when volume and coverage mattered. However, this digital economy, accelerated by automation, robotics, and artificial intelligence, demands a delivery paradigm vastly different from the conventional one. This new machine first model for delivery will be hinged on human-machine collaboration. Human ingenuity, together with machine precision and power will, be the guiding force for elevated growth and success in this Business 4.0TM era.
PwC and Accenture support Artificial Intelligence conference in Dubai
The Artificial Intelligence Week Middle East conference has wrapped up in Dubai, with PwC and Accenture among the sponsors and exhibitors featuring at the two-day event. Covering the banking & finance, government, and healthcare sectors, the Artificial Intelligence Week Middle East conference was held over the 4th and the 5th at the Park Hyatt in Dubai, featuring exhibitions, networking, pitches, and talks from some of the regional leaders in the field, including Xavier Anglada, Accenture Digital Lead for MENAT, and Stephen Anderson, Clients & Markets Leader for PwC Middle East. PwC in the Middle East, the event's official AI Consulting Sponsor & Partner, presented its recent annual AI report for the delegates in attendance, outlining the projected $96 billion boost to the United Arab Emirates' GDP by 2030 through the implementation of AI technologies – part of the $15.7 trillion possible worldwide windfall, and representing a 13.6 percent contribution to the UAE's overall GDP. Accenture – the AI event's Lead Digital Transformation Partner – has itself predicted huge gains for the UAE economy through AI adoption, amounting to some $182 billion in gross value add by 2030, while Accenture and PwC between them point to sizeable potential opportunities in the financial services, utilities, healthcare, education, transport, manufacturing and retail sectors. Unsurprisingly perhaps, consumer goods CEOs in the UAE are among the world's most enthusiastic for AI according to a further recent report by KPMG.And not just consumer goods CEOs in the UAE, but both wider industry and the government and public spheres are ready to embrace artificial intelligence – at least, if the line-up of AI tech conferences being held in the Emirates is anything to go by, with among others the Artelligence Forum having taken place in Dubai in April and the World AI show scheduled again in the city for April of next year.