How AI-powered Reinvention is a Game-changer across Industries

With artificial intelligence (AI) establishing itself as the number one driver of business reinvention, businesses across sectors are planning to bump up investments in the technology and prioritizing talent training and ethics and compliance in the area. Accenture—with its AI-powered reinvention approach—is leading from the front in creating an all-encompassing 360° Value for clients across industries.

At the recent India Today Conclave: Mumbai chapter, Saurabh Kr. Sahu , Managing Director and Lead – India Business, Accenture, shared valuable insights on how AI is now a game-changer in India with bold, transformative potential across industries. According to Saurabh, this journey of AI evolving from “a gimmick to a game-changer,” is powering the future to make life easier and boost human productivity.

In an onstage conversation with Ayush Ailawadi , Technology Editor & Anchor, India Today, Saurabh stressed that India could become the next AI superpower globally as it plays a dual role in this revolution—that of both a supplier and a consumer of AI. He further pointed out the need for ethical and responsible oversight on AI deployments and highlighted the importance of upskilling India’s workforce in this critical technology. Watch Session | Read Article | Discuss

Highlighting India’s Potential to Evolve into a Global AI Leader

India is all set to become a global leader in AI as India reaches its centenary by 2047. At the Business Today (BT) India@100 Summit held recently in Delhi, Saurabh Kr. Sahu , Managing Director and Lead – India Business, Accenture, spoke on India’s vast potential of shaping AI thought leadership and leading the AI revolution, fueled by its strong talent pool, its rapid adoption of emerging technologies and its significance as an epicenter of AI innovation. He also pointed out the rising need for digital literacy and ethical implementation in the AI space. Watch Session | Read Article | Discuss

Reinventing Businesses with the Accenture AI Refinery

The world’s leading enterprises are looking to reinvent with technology, data and AI. In yet another major milestone, Accenture has reinforced its partnership with NVIDIA and launched a new business group that will help clients in their generative AI-powered reinvention efforts. With 30,000 globally trained professionals, the Accenture NVIDIA business group will leverage Accenture's AI Refinery platform—which uses the full NVIDIA AI stack — to help clients scale their AI solutions and reinvent their processes and operations. Read More | Discuss

How can APAC Firms Attain Digital Core Maturity through Generative AI

According to Accenture’s newly launched perspective, Gen-AI-Powered Reinvention: APAC’s opportunity to outpace competition, many businesses in the Asia-Pacific region are unable to get the best out of their reinvention journey due to insufficient Digital Core maturity. Only 2% of APAC companies currently have a reinvention-ready Digital Core. The new report sheds light on various challenges plaguing APAC companies and offers customized insights for clients—emphasizing on hyperlocal and region-specific data to more effectively address local needs and capitalize on opportunities. Read More

The Generative AI Route to Becoming Operations-ready

Being operations-ready can help businesses accelerate generative AI adoption. This not only improves operational efficiency but also expands the scope, use and scaling of generative AI. According to a new Accenture report on Accelerating Reinvention to Support Growth with AI-powered Operations, reinvention-ready firms that have developed Intelligent Operations—powered by talent, assets and platforms and methods and processes—are 3.3x more likely to have successfully scaled high-value generative AI use cases and report 2.5x higher revenue growth. Read More

How can CFOs Help in Scaling Value from Tech-led Disruptions

Technology-led disruptions can lead businesses to create value at scale. According to Accenture’s new CFO Forward Study: 2024 edition, Chief Financial Officers (CFOs) are in the spotlight to transform finances faster. In fact, 86% CFOs state that the speed to reinvent is now significantly faster than in the past. CFOs who want to create value from disruption need to focus on value creation at the outset of a transformation, adopt a generative AI-powered Digital Core – and accelerate and multiply reinvention with the collaborative power of technology, data and talent. Read More

Emerging Technologies in Supply Chain: Tapping into New Value

According to Next Stop Next-gen, a new Accenture research, there is a strong correlation between greater maturity in supply chain network capabilities and solid financial results. A mature supply chain network should employ generative AI and advanced machine learning for autonomous decision-making, advanced simulations and continuous improvement. Supply chain leaders need to embrace greater maturity in supply chain networks through modernizing and connecting the IT landscape, localizing sourcing and production, implementing advanced data platforms, and so on. Read More

How Generative AI can Close Relevance Gap between Brands and Customers

With the widening gulf between what companies offer and what customers expect, marketing, sales and service professionals are staring at an enormous opportunity.?Add to that, the strong potential of generative AI running at scale – and you find businesses embracing productivity gains as well as investing in customer growth. Accenture’s new report, Generative AI for Customer Growth, finds out that companies that adopt generative AI in customer-related initiatives can achieve 25% higher revenue in 5 years than ones focused only on productivity. Read More

How Generative AI can Bring Back Global SDGs on Track

Gen AI for the Global Goals, a new Accenture report, finds that less than 20% of 2030 Sustainable Development Goals (SDGs) of private-sector businesses are on track. To accelerate progress, it is imperative for enterprises to adopt emerging technologies like generative AI, which can provide them critical capabilities to unlock business transformations. However, the sector should also possess a deeper understanding of the risks associated with generative AI to establish effective governance, strategically and responsibly deploy the technology and prepare their workforce. Read More

Accenture is ready to help as you begin to re-imagine your business. If you’d like to know more about how we can partner with you in your Reinvention journey, please feel free to contact us.

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