Accenture Expands Global Artificial Intelligence Capabilities and R&D Agenda
“Artificial intelligence will disrupt businesses and industries on a global scale, and we see this shift going well beyond deploying analytics, cognitive computing or machine learning systems in isolation,” said Paul Daugherty, Accenture’s chief technology officer. “We are investing early to drive more innovation at Accenture, recruit top talent in every location we operate in, and infuse more intelligence across our global business to help clients accelerate the integration of intelligence and automation to transform their businesses.”
Accenture has also established the Accenture Technology Labs University Grant on Artificial Intelligence; awarding the inaugural grant to an academic research team at the Insight Centre for Data Analytics at University College Dublin. The research team will explore the interface between humans and machines, using cognitive analysis to better understand how both can collaborate and interact effectively.
Analyst firm IDC predicts that the worldwide content analytics, discovery and cognitive systems software market will grow from US$4.5 billion in 2014 to US$9.2 billion in 20191, with others citing these systems as catalyst to have a US$5 trillion – US$7 trillion potential economic impact by 2025.