To encourage the use of data and artificial intelligence (AI), multinational IT giant Accenture opened a generative artificial intelligence (GenAI) studio in Bengaluru. The studio is housed within Accenture’s Innovation Hub and is a component of the $3 billion data and artificial intelligence investment the company announced in June. Accenture has previously declared that, through hiring, acquisitions, and training, it will double its AI talent to 80,000 workers in the following three years.
The studio, located in Accenture’s ‘Innovation Hub,’ is a component of the company’s $3 billion investment in data and artificial intelligence, which was revealed in June of this year. As part of its AI push, Accenture plans to hire 80,000 more people and educate 80,000 more in the next three years, in addition to making acquisitions, the company announced at the time.
“Clients today understand the massive opportunity that GenAI can bring to optimise and reinvent their business, opening up new avenues for growth. However, to harness the full potential of their AI investments, they need to be value-led in every business capability they choose to reinvent with generative AI. Our Bengaluru studio will help our clients around the globe prioritize capabilities across the entire value chain and make the shift to scale their AI investments, rapidly and responsibly,” said Senthil Ramani, global lead – Data and AI, Accenture.
As businesses go from proof of concept to personalizing foundation models with unique data, 74% of C-suite executives plan to boost their expenditure on AI in 2024, up from 50% the year before, according to a recent Accenture survey.
“The studio in Bengaluru offers robust GenAI capabilities combined with a wide range of world class technology services, and in-depth industry knowledge that is the hallmark of Accenture’s Advanced Technology Centers in India. Our clients across 19 industries now have the opportunity to understand, experiment, adopt and scale GenAI solutions to reinvent functions and business models to achieve new levels of performance,” said Mahesh Zurale, global lead – Advanced Technology Centers Global Network, Accenture.
