Organisations that have reached a higher level of AI maturity than others have mastered a set of capabilities across technology, organizational strategy, talent and culture. In an interaction with Dataquest, Prithivijit Roy, Managing Director, Accenture Applied Intelligence (AAI) explains why AI is everyone's business and how organisations can advance their AI maturity. DQ: Where are enterprises in their AI adoption journey currently? What are the challenges they face? Prithivijit Roy: Each industry is in different stages of their AI adoption journey, according to Accenture's latest research on AI maturity.

Accenture will soon acquire Mudano, a strategic data consultancy to UK financial services firms. While the terms of the transaction have not been disclosed, the intent of the acquisition is to enhance Accenture's analytics, data, and artificial intelligence (AI) transformation capabilities. After the acquisition, Mudano's team of data professionals will join Accenture Applied Intelligence, which employs more than 20,000 professionals worldwide who help clients scale artificial intelligence, including 6,000 data scientists, data engineers, and artificial intelligence professionals. Ed Broussard, Mudano CEO, said, "Accenture's reputation for excellence and large-scale delivery will enable us to help clients realize the benefits of data transformation -- from setting the strategy and building the culture to leveraging the game-changing insights that data analytics can bring. We are excited to become part of one of the world's leading companies and look forward to the opportunities this will bring for our employees and clients."

Failure to Scale Artificial Intelligence Could Put 75% of Organizations Out of Business, Accenture Study Shows Companies that shift from AI experimentation to execution achieve lasting ROI and competitive agility NEW YORK; Nov. 14, 2019 – Three-quarters of C-level executives believe if they don't move beyond experimentation to aggressively deploy artificial intelligence (AI) across their organizations they risk going out of business by 2025, according to a newly released study from Accenture (NYSE: ACN). The report, titled "AI: Built to Scale" and produced by Accenture Strategy and Accenture Applied Intelligence, is based on a global survey of 1,500 C-level executives across 16 industries designed to understand how companies are implementing AI across their organizations. The research found 84% of C-level executives believe they won't achieve their business strategy without scaling AI, yet only 16% have made the shift from mere experimentation to creating an organization powered by robust AI capabilities. As a result, this small group of top performers is achieving nearly three times the return from AI investments as their lower-performing counterparts. The report reveals the secret to success for these top performers centers around three key elements: a strong data foundation; multiple dedicated AI teams; and a C-suite-led commitment to strategic, organization-wide AI deployment.

Accenture has announced plans to launch a new Applied Intelligence Studio for Mining in Johannesburg. The studio will apply the latest in data science and artificial intelligence technologies with new data sources for real-time co-creation of innovative digital solutions that can help mining companies solve some of their hardest analytical problems. It is expected to open in February 2019. "They are increasingly looking to apply advanced analytics to reimagine processes, unlock trapped value, and drive operational excellence in their businesses today and position themselves for growth tomorrow." "Volatile commodity prices, rising input costs and changing global demand for commodities require mining companies to rethink their strategies and business models to remain competitive," said Rachael Bartels, a senior managing director who leads Accenture's mining business globally.

A new study shows that business leaders are taking steps to ensure responsible use of artificial intelligence (AI) within their organizations. Most AI adopters – which now account for 72 percent of organizations globally – conduct ethics training for their technologists (70 percent) and have ethics committees in place to review the use of AI (63 percent). AI leaders – organizations rating their deployment of AI "successful" or "highly successful" – also take the lead on responsible AI efforts: Almost all (92 percent) train their technologists in ethics compared to 48 percent of other AI adopters. The findings are based on a global survey among 305 business leaders, more than half of them chief information officers, chief technology offers, and chief analytics officers. The study, "AI Momentum, Maturity and Models for Success," was commissioned by SAS, Accenture Applied Intelligence and Intel, and conducted by Forbes Insights in July 2018.

A new study shows that business leaders are taking steps to ensure responsible use of artificial intelligence (AI) within their organizations. Most AI adopters – which now account for 72 percent of organizations globally – conduct ethics training for their technologists (70 percent) and have ethics committees in place to review the use of AI (63 percent). AI leaders – organizations rating their deployment of AI "successful" or "highly successful" – also take the lead on responsible AI efforts: Almost all (92 percent) train their technologists in ethics compared to 48 percent of other AI adopters. The findings are based on a global survey among 305 business leaders, more than half of them chief information officers, chief technology offers, and chief analytics officers. The study, "AI Momentum, Maturity and Models for Success," was commissioned by SAS, Accenture Applied Intelligence and Intel, and conducted by Forbes Insights in July 2018. AI now has a real impact on peoples' lives which highlights the importance of having a strong ethical framework surrounding its use, according to the report.

POLITICO Establishes Global AI Forum for Business Leaders and Policymakers with Accenture as Founding Partner First in series of AI summits will take place on March 19-20, 2018 in Brussels, Belgium BRUSSELS; March 8, 2018 – POLITICO, with Accenture Applied Intelligence as the founding partner, is launching a global artificial intelligence (AI) forum to help business leaders and government policymakers understand the impact of AI innovation and to inform responsible use of AI. As AI-based decisions have an increasing impact on human lives, the initiative aims to empower decision-makers to build a framework for governance in pivotal and unchartered territory. The initiative will hold a series of AI summits and roundtables in multiple cities in Europe and the US. The first AI Summit will take place on March 19-20, 2018 in Brussels, Belgium. Carlos Moedas, European Union Commissioner for Research Science and Innovation, and John Delaney, US Congressman and founder of the bipartisan AI Caucus, are two keynote participants of the event.