Artificial Intelligence Leaders Generate Greater Shareholder Value, Finds New Report from Accenture Research

TORONTO, June 15, 2017 /CNW/ - New research released by Accenture (ACN) reveals that companies with optimal artificial intelligence (AI) innovation strategies generate greater shareholder value. But less than one fifth of leading companies that leverage AI have achieved this performance in recent years. These companies have demonstrated high'AIQ' by combining strong in-house innovation and external collaboration. Accenture's report "Boost Your AIQ: Transforming into an AI Business," published in collaboration with the G20 Young Entrepreneurs' Alliance, assesses both the Fortune Global 100 and Accenture's list of Intelligent 100 pioneers in the development and application of AI technologies, for the period of 2010 to 2016. In order to measure their Artificial Intelligence Quotient (AIQ), the research analyzes the level of both their in-house capabilities and investments in AI as well as their commitment to partnering with outside partners.