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Accenture: Innovation, AI and collaboration create more successful companies

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Companies that combine in-house innovation with investments in artificial intelligence (AI) and collaboration with outside partners saw their enterprise value grow an average of 4.2% since 2013, compared to 2.3% for those that did not invest in such things, according to new research from Accenture. Accenture defines enterprise value as a measure based on market capitalization, debt and cash positions. Overall, the research found that just 17% of the 200 companies Accenture evaluated -- the Fortune 100 and the Intelligent 100 -- are high-performing "collaborative inventor[s]" while more than half of the companies were seen as "observers." Accenture Research estimates companies that move from "observer" status to "collaborative inventor" could see their firm's enterprise value increase by an average of 90%. Accenture found companies must converge and integrate technology, data and people to achieve high success.

  Genre: Research Report > New Finding (0.59)
  Industry: Professional Services (1.00)