Aerospace & Defense Industry to See Greatest Impact from Artificial Intelligence Compared to Other Key Emerging Technologies, Accenture Report Finds Study underscores the need for reskilling in the sector for future competitiveness NEW YORK; June 13, 2019 – The aerospace and defense (A&D) industry will be more affected by artificial intelligence (AI) than by any other major emerging technology over the next three years, according to Aerospace & Defense Technology Vision 2019, the annual report from Accenture (NYSE: ACN) that predicts key technology trends likely to redefine business. The study also underscores the growing importance of reskilling programs as a competitive lever. AI, comprising technologies that range from machine learning to natural language processing, enables machines to sense, comprehend, act and learn in order to extend human capabilities. One-third (33%) of A&D executives surveyed cited AI as the technology that will have the greatest impact on their organization over the next three years -- more than quantum computing, distributed ledger or extended reality. In fact, two-thirds (67%) of A&D executives said they have either adopted AI within their business or are piloting the technology.
Accenture is proud to be a major sponsor of the 53rd International Paris Air Show, 17 to 23 June 2019 at Le Bourget Parc des Expositions. Accenture will be showcased in the air, returning to this biennale event as the trade flying display exclusive sponsor. On the ground, Accenture's most experienced aerospace and defense industry leaders will be on hand to share our latest research findings, discuss competitive challenges, explore industry growth opportunities, and demonstrate the latest technology and digital innovations at the VIP Chalet n 33, adjacent to the main runway, from Monday June 17 to Wednesday June 19 between 8:30 and 18:00. We look forward to meeting you there!
Accenture have announced a partnership with IPsoft, the creators of the cognitive agent Amelia. The two firms will collaborate to create the first Accenture Amelia practice, designed to accelerate client adoption of artificial intelligence to improve business outcomes and create new growth opportunities for their businesses. Accenture will utilize IPsoft's Amelia platform to develop go-to-market strategies, solutions and consulting service offerings around deployments of virtual agent technology for clients across several industries with initial focus on banking, insurance and travel. "Artificial intelligence is maturing rapidly and offers great potential to reshape the way that organizations 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," said Paul Daugherty, Accenture's chief technology officer.