Accenture, IPSoft launch new practice for AI adoption in business

Accenture and IPSoft have launched a new practice called Accenture Amelia Practice (AAP), a new business unit aimed at helping clients adopt artificial intelligence in business. Accenture claims that AAP will help organisations in improving their business outcomes and create new growth opportunities. The company said that it will develop an array of go-to-market strategies, solutions and consulting service offerings for the deployment of virtual agent technology for clients across several industries. In the initial stages, the business unit will cater to clients in banking, insurance and travel industries with its virtual agent technology. Accenture chief technology officer, Paul Daugherty said: "Artificial intelligence is maturing rapidly and offers great potential to reshape the way that organisations conduct business and interact with their customers and employees. "At the same time, executives are overwhelmed by the plethora of technologies and many products that are advertising AI or Cognitive capabilities.