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Unilever and Accenture Join Forces to Establish a New Industry Standard in Generative AI-Powered Productivity

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Accenture (NYSE: ACN) has expanded its strategic partnership with Unilever (LON: ULVR) to simplify the latter's digital core and apply generative AI to drive efficiencies and improve business agility. This multi-year program aims to set a new industry standard in gen AI-powered productivity, scaling use cases that have shown effectiveness in delivering cost reductions and operational efficiencies globally.

Unilever will leverage Accenture's GenWizard platform to accelerate technology and digital product development. The platform boasts over 350 patents and ready-to-apply tools. This collaboration builds on a previous effort to explore gen AI applications across Unilever's operations, with the company already having introduced 500 AI applications and focusing on identifying and testing new AI concepts from its 'Horizon3 Labs'.

Accenture (NYSE: ACN) ha ampliato la sua partnership strategica con Unilever (LON: ULVR) per semplificare il nucleo digitale di quest'ultima e applicare l'IA generativa per aumentare l'efficienza e migliorare l'agilità aziendale. Questo programma pluriennale mira a stabilire un nuovo standard industriale nella produttività potenziata dall'IA generativa, ampliando i casi d'uso che hanno dimostrato efficacia nel garantire riduzioni dei costi e efficienze operative a livello globale.

Unilever utilizzerà la piattaforma GenWizard di Accenture per accelerare lo sviluppo di tecnologia e prodotti digitali. La piattaforma vanta oltre 350 brevetti e strumenti pronti all'uso. Questa collaborazione si basa su uno sforzo precedente per esplorare le applicazioni dell'IA generativa nelle operazioni di Unilever, con la compagnia che ha già introdotto 500 applicazioni IA e si sta concentrando sull'identificazione e test di nuovi concetti di IA dai suoi 'Horizon3 Labs'.

Accenture (NYSE: ACN) ha ampliado su asociación estratégica con Unilever (LON: ULVR) para simplificar el núcleo digital de esta última y aplicar IA generativa para impulsar eficiencias y mejorar la agilidad empresarial. Este programa a varios años tiene como objetivo establecer un nuevo estándar en productividad impulsada por IA generativa, ampliando casos de uso que han demostrado ser efectivos en ofrecer reducciones de costos y eficiencias operativas a nivel global.

Unilever aprovechará la plataforma GenWizard de Accenture para acelerar el desarrollo de tecnología y productos digitales. La plataforma cuenta con más de 350 patentes y herramientas listas para usar. Esta colaboración se basa en un esfuerzo previo para explorar aplicaciones de IA generativa en las operaciones de Unilever, donde la empresa ya ha introducido 500 aplicaciones de IA y se centra en identificar y probar nuevos conceptos de IA de sus 'Horizon3 Labs'.

Accenture (NYSE: ACN)는 Unilever (LON: ULVR)와의 전략적 파트너십을 확대하여 Unilever의 디지털 핵심을 간소화하고 생성형 AI를 적용하여 효율성을 높이고 비즈니스의 민첩성을 개선하고자 합니다. 이 다년간의 프로그램은 생성형 AI 기반의 생산성에 대한 새로운 산업 기준을 설정하는 것을 목표로 하며, 전 세계적으로 비용 절감 및 운영 효율성을 제공하는 데 효과적인 사용 사례를 확장합니다.

Unilever는 Accenture의 GenWizard 플랫폼을 활용하여 기술 및 디지털 제품 개발을 가속화할 것입니다. 이 플랫폼은 350개 이상의 특허와 즉시 사용할 수 있는 도구를 자랑합니다. 이번 협업은 Unilever의 운영 내에서 생성형 AI 응용 프로그램을 탐색하기 위한 이전의 노력을 기반으로 하며, Unilever는 이미 500개의 AI 응용 프로그램을 도입하였고 'Horizon3 Labs'에서 새로운 AI 개념을 식별하고 테스트하는 데 집중하고 있습니다.

Accenture (NYSE: ACN) a élargi son partenariat stratégique avec Unilever (LON: ULVR) pour simplifier le cœur numérique de cette dernière et appliquer l'IA générative afin d'accroître l'efficacité et d'améliorer l'agilité des affaires. Ce programme pluriannuel vise à établir un nouveau standard industriel pour la productivité propulsée par l'IA générative, en développant des cas d'utilisation qui ont prouvé leur efficacité dans la réduction des coûts et l'efficacité opérationnelle à l'échelle mondiale.

Unilever utilisera la plateforme GenWizard d'Accenture pour accélérer le développement technologique et des produits numériques. La plateforme possède plus de 350 brevets et des outils prêts à l'emploi. Cette collaboration s'appuie sur un effort antérieur visant à explorer les applications de l'IA générative dans les opérations d'Unilever, l'entreprise ayant déjà introduit 500 applications d'IA et se concentrant sur l'identification et le test de nouveaux concepts d'IA issus de ses 'Horizon3 Labs'.

Accenture (NYSE: ACN) hat seine strategische Partnerschaft mit Unilever (LON: ULVR) erweitert, um das digitale Kernsystem von Unilever zu vereinfachen und generative KI anzuwenden, um Effizienz zu steigern und die Flexibilität des Unternehmens zu verbessern. Dieses mehrjährige Programm zielt darauf ab, einen neuen Branchenstandard für Produktivität, die durch generative KI ermöglicht wird, zu setzen und Anwendungsfälle zu skalieren, die sich global als effektiv in der Reduzierung von Kosten und Steigerung der operativen Effizienz erwiesen haben.

Unilever wird die GenWizard-Plattform von Accenture nutzen, um die Entwicklung von Technologie und digitalen Produkten zu beschleunigen. Die Plattform verfügt über mehr als 350 Patente und sofort einsatzbereite Werkzeuge. Diese Zusammenarbeit baut auf einem früheren Bestreben auf, generative KI-Anwendungen in den Abläufen von Unilever zu erkunden, wobei das Unternehmen bereits 500 KI-Anwendungen eingeführt hat und sich darauf konzentriert, neue KI-Konzepte aus den 'Horizon3 Labs' zu identifizieren und zu testen.

Positive
  • Expansion of strategic partnership between Accenture and Unilever
  • Implementation of generative AI to drive efficiencies and cost reductions
  • Utilization of Accenture's GenWizard platform with over 350 patents
  • 500 AI applications already introduced across Unilever's operations
Negative
  • None.

Insights

This partnership between Unilever and Accenture marks a significant leap in the application of generative AI in the consumer goods industry. The implementation of Accenture's GenWizard platform could be a game-changer, potentially setting new benchmarks for AI-driven productivity in large enterprises.

The scale of this initiative is impressive, with Unilever already having 500 AI applications in place. The focus on scaling effective use cases globally suggests a mature approach to AI adoption, moving beyond experimentation to tangible business impact. This could lead to substantial cost reductions and operational efficiencies across Unilever's vast global operations.

However, the success of this initiative will depend on Unilever's ability to effectively integrate these AI solutions into its existing workflows and overcome potential challenges in data quality, employee adoption and ethical AI use. The outcomes of this partnership could influence AI adoption strategies across the entire consumer goods sector.

This strategic partnership has significant financial implications for both Unilever and Accenture. For Unilever, the focus on AI-driven efficiency aligns with its action plan to deliver faster growth and drive productivity. If successful, this could lead to substantial cost savings and improved margins, potentially boosting Unilever's financial performance in the medium to long term.

For Accenture, this multi-year program represents a major business opportunity. As a leader in AI consulting, successfully implementing this large-scale AI transformation for a global giant like Unilever could strengthen Accenture's market position and attract similar high-value contracts from other multinational corporations.

Investors should monitor key financial metrics in upcoming quarters, such as Unilever's operating margins and Accenture's consulting revenue growth, to gauge the early impact of this partnership. The long-term value creation will depend on the scalability and sustainability of the AI-driven efficiencies achieved.

NEW YORK & LONDON--(BUSINESS WIRE)-- Accenture (NYSE: ACN) has expanded its strategic partnership with Unilever (LON: ULVR) to simplify its digital core and apply generative AI to drive efficiencies and improved business agility.

Accenture has expanded its strategic partnership with Unilever to simplify its digital core and apply generative AI to drive efficiencies and improved business agility. (Photo: Business Wire)

Accenture has expanded its strategic partnership with Unilever to simplify its digital core and apply generative AI to drive efficiencies and improved business agility. (Photo: Business Wire)

Announcing this multi-year program, Unilever will work with Accenture to establish the foundation on which to set a new industry standard in gen AI powered productivity. This includes scaling use cases that have shown to be effective in delivering cost reductions and operational efficiencies across the business globally.

Hein Schumacher CEO, Unilever, said, “We have already introduced 500 AI applications across Unilever, helping us to reach new levels of efficiency. But as AI matures and becomes increasingly intelligent and intuitive, we see so much more potential. Now, as part of our action plan to deliver faster growth, drive productivity, and dial up performance, we’re going deeper. With the help of Accenture’s world-class tools and capabilities, we will be able to analyze where and how AI can have the highest transformational impact and deliver the greatest returns.”

Unilever will look to leverage Accenture’s GenWizard platform to accelerate their technology and digital product development. The gen AI platform has more than 350 patents and ready-to-apply tools and frameworks that work together to provide a comprehensive solution for any given technology business objective.

Julie Sweet, chair and CEO, Accenture, said, “This next exciting chapter in our decades-long collaboration with Unilever will raise the bar on how enterprises can scale gen AI to power productivity and value at speed. Accenture’s GenWizard platform will enable Unilever to create a full spectrum of targeted gen AI solutions across its business that can realize efficiencies and cost savings, uncover new ways of working and ultimately help drive competitive advantage.”

This collaboration builds on the previously announced effort to explore applications to scale gen AI across Unilever’s business operations. Since then, Unilever has focused efforts on identifying and testing new AI concepts, designs and projects from its “Horizon3 Labs.”

About Unilever
Unilever is one of the world’s leading suppliers of Beauty & Wellbeing, Personal Care, Home Care, Nutrition and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 128,000 employees and generated sales of €59.6 billion in 2023.

For more information about Unilever and our brands, please visit www.unilever.com.

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 750,000 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.

Forward looking statements
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, that the partnership might not achieve the anticipated benefits for Accenture, as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

Copyright © 2024 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture

Unilever

Press-Office.London@unilever.com

Tara Burns

Accenture

+44 7850 435185

tara.burns@accenture.com

Source: Accenture

FAQ

What is the purpose of Accenture's expanded partnership with Unilever?

Accenture (ACN) has expanded its partnership with Unilever to simplify its digital core and apply generative AI to drive efficiencies and improve business agility, aiming to set a new industry standard in AI-powered productivity.

How many AI applications has Unilever already introduced?

Unilever has already introduced 500 AI applications across its operations, helping the company reach new levels of efficiency.

What is Accenture's GenWizard platform that Unilever will be using?

Accenture's GenWizard platform is a generative AI platform with over 350 patents and ready-to-apply tools and frameworks. Unilever will use it to accelerate their technology and digital product development.

How does this partnership align with Unilever's business strategy?

This partnership aligns with Unilever's action plan to deliver faster growth, drive productivity, and improve performance by leveraging AI to have the highest transformational impact and deliver the greatest returns.

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