Accenture to Launch Network of Generative AI Studios to Help Clients Accelerate Use of Data and AI Technologies

Rhea-AI Summary

Accenture (NYSE: ACN) to Launch Generative AI Studios in North America to Help Companies Optimize Business. The network of generative AI studios will enable clients to explore industry use cases, co-innovate, conduct AI pilots, and scale programs. The studios will connect clients with top data and AI experts and leverage Accenture’s ecosystem partnerships and strategic investments within the Center for Advanced AI. Specialized areas include financial services, health, life sciences, consumer goods, Industry X, manufacturing, chemicals, energy, utilities, software, platforms, communications, media, technology, retail, and public service.

Positive

• The launch of generative AI studios reflects Accenture's commitment to investing in data and AI, providing clients with access to top experts and innovative technologies. The specialized areas of each location cater to the specific needs of clients in those regions, enhancing the value proposition for potential clients.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Accenture (NYSE: ACN) will launch a network of generative AI studios in North America where companies can explore ways to optimize and reinvent their business through the responsible use of generative AI applications.

Clients interested in pursuing commercial uses of generative AI will be able to visit the studios at Accenture Innovation Hubs in Chicago, Houston, New York, San Francisco, Toronto and Washington, D.C. These generative AI studios will have areas of specialization, enabling clients to explore industry use cases, co-innovate, conduct AI pilots, and rapidly initiate and scale programs.

“The studios are designed to help our clients move from interest to action to value, in a responsible way with clear business cases,” said Manish Sharma, North America CEO of Accenture. “We are constantly refreshing our learnings from more than 3,000 client conversations on generative AI this year. We use these conversations as demand signals to understand the real-world challenges our clients face and invest in the areas of greatest need and opportunity.”

As part of Accenture’s $3 billion investment in data and AI, the studios will connect clients with Accenture’s top data and AI experts, who will help them leverage Accenture’s ecosystem partnerships, ventures, and strategic investments within the Center for Advanced AI, as well as more than 1,450 patents and patent applications in our AI solutions, and learnings from more than 300 active generative AI projects.

“Clients are ready to move beyond generative AI experimentation. They want to harness generative AI at scale to fundamentally reinvent their business,” added Sharma. “Clients will come to the studios to access the latest innovations, experiment with new technologies, tools, and approaches to advance their skills, and develop roadmaps to adopt generative AI at scale.”

Each of the generative AI studios supports all of Accenture’s industries and functions; however, some locations will have deeper specialization, reflecting the specific needs of clients in that location.

For example:

• Chicago will specialize in financial services, health, life sciences, consumer goods and services, Industry X and manufacturing.
• Houston will specialize in Industry X, chemicals, energy and utilities industries.
• New York will specialize in life sciences and financial services.
• San Francisco will specialize in software and platforms and communications, media, and technology.
• Toronto will specialize in financial services, retail, health, and public service.
• Washington, D.C. will specialize in health, public service, including federal government services.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 733,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

Copyright ©2023 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231109725516/en/

Jenn Francis

Accenture

+1 630 338 6426

jennifer.francis@accenture.com



Lara Wozniak

Accenture

+1 852 252 8208

lara.wozniak@accenture.com

Source: Accenture

FAQ

What is Accenture (NYSE: ACN) launching in North America?

Accenture is launching a network of generative AI studios in North America where companies can explore ways to optimize and reinvent their business through the responsible use of generative AI applications.

What are the areas of specialization for the generative AI studios?

The areas of specialization include financial services, health, life sciences, consumer goods, Industry X, manufacturing, chemicals, energy, utilities, software, platforms, communications, media, technology, retail, and public service.

How will the generative AI studios benefit clients?

The studios will enable clients to explore industry use cases, co-innovate, conduct AI pilots, and rapidly initiate and scale programs. They will also connect clients with top data and AI experts and leverage Accenture’s ecosystem partnerships and strategic investments within the Center for Advanced AI.

What is the purpose of the $3 billion investment in data and AI by Accenture?

The investment aims to help clients move from interest to action to value in a responsible way with clear business cases, leveraging Accenture’s ecosystem partnerships, ventures, and strategic investments within the Center for Advanced AI, as well as more than 1,450 patents and patent applications in AI solutions, and learnings from more than 300 active generative AI projects.

What industries and functions do the generative AI studios support?

Each of the generative AI studios supports all of Accenture’s industries and functions, with some locations having deeper specialization reflecting the specific needs of clients in those areas.