Accenture Technology Vision 2023: Generative AI to Usher in a Bold New Future for Business,

Merging Physical and Digital Worlds

 

Report explores how expertise will rework the way in which individuals work and reside

 

Accenture unveils generative AI heart of excellence for shoppers and companions

 
NEW YORK; March 30, 2023 – New analysis from Accenture (NYSE: ACN) finds that generative AI and different quickly evolving applied sciences are ushering in a daring new future for enterprise as bodily and digital worlds change into inextricably linked.
 
The Accenture Technology Vision 2023, “When Atoms Meet Bits: The Foundations of Our New Reality,” explores the expertise tendencies underpinning the convergence of the bodily and digital, as companies look to speed up enterprise reinvention within the right here and now.  
 
“The next decade will be defined by three mega technology trends—cloud, metaverse and AI—which collectively will collapse the distance of our digital and physical worlds,” mentioned Paul Daugherty, group chief government of Accenture Technology. “While generative AI could have far-reaching impression, leaders should dive in now to realize its full promise, as it should require vital investments in knowledge, individuals, and customizing basis fashions to fulfill organizations’ distinctive wants. 
 
The meteoric rise of ChatGPT has captivated the world’s consideration on the facility of generative AI to reinforce human functionality. Accenture estimates as a lot as 40% of all working hours will probably be supported or augmented by language-based AI. Among enterprise leaders, 98% of respondents agree AI basis fashions will play an vital position of their group’s methods over the subsequent three to 5 years.

Accenture’s Technology Vision 2023 identifies 4 tendencies which might be key to unlocking this new shared actuality:

• Generative AI: Advancing human functionality as a co-pilot, inventive companion or advisor, practically all executives agree that generative AI will spark vital creativity and innovation (98%) and usher in a brand new period of enterprise intelligence (95%).
• Digital identification: The capability to authenticate digital customers and property—the muse for traversing digital and bodily worlds—is now seen by 85% of executives as a strategic enterprise crucial, not only a technical subject.
• My knowledge, your knowledge, our knowledge: AI can’t attain its full potential till corporations work out knowledge. That means breaking down knowledge silos and modernizing their knowledge foundations. In reality, 90% of executives imagine knowledge is turning into a key aggressive differentiator inside organizations and throughout industries.
• Our eternally frontier: Feedback loop between science and expertise is getting sooner, with every accelerating the development of the opposite, in ways in which 75% of respondents imagine might start to unlock the world’s grand challenges.

Building on years of analysis and consumer work, Accenture has established a company-wide group—the Generative AI and Large Language Model (LLM) Center of Excellence, bringing collectively 1,600 professionals devoted to generative AI and leveraging the depth and expertise of greater than 40,000 AI and knowledge professionals throughout Accenture. To assist information and inform enterprise leaders, Accenture has printed “A New Era of Generative AI for Everyone,” an in-depth examine of generative AI/LLM that gives actionable insights on how leaders can finest use this disruptive expertise.
 
For 23 years, Accenture has taken a scientific look throughout the enterprise panorama to determine expertise tendencies with the best chance of disrupting companies and industries. For extra data on this 12 months’s report, go to www.accenture.com/technologyvision or comply with the dialog on Twitter with #TechVision.
 
About the Research
For the Technology Vision 2023 report, “When Atoms Meet Bits: The Foundations of Our New Reality,” Accenture gathered enter from an exterior advisory board of greater than two dozen practitioners spanning private and non-private sector, academia, enterprise capital and entrepreneurial corporations. In parallel, Accenture Research performed a world survey of 4,777 C-level executives and administrators throughout 34 international locations and 25 industries. The survey was fielded between December 2022 and January 2023.
 
About Accenture

Accenture is a number one international skilled providers firm that helps the world’s main companies, governments and different organizations construct their digital core, optimize their operations, speed up income development and improve citizen providers—creating tangible worth at pace and scale. We are a expertise and innovation led firm with 738,000 individuals serving shoppers in additional than 120 international locations. Technology is on the core of change at the moment, and we’re one of many world’s leaders in serving to drive that change, with robust ecosystem relationships. We mix our energy in expertise with unmatched trade expertise, purposeful experience and international supply functionality. We are uniquely in a position to ship tangible outcomes due to our broad vary of providers, options and property throughout Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, along with our tradition of shared success and dedication to creating 360° worth, allow us to assist our shoppers succeed and construct trusted, lasting relationships. We measure our success by the 360° worth we create for our shoppers, one another, our shareholders, companions and communities. Visit us at www.accenture.com.
 

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Contacts:
 
Christian Harper
Accenture
+1 917 452 4417
christian.harper@accenture.com
 
Jenn Francis
Accenture
+1 312 693 4411
jennifer.francis@accenture.com
 
Julie Bennink
Accenture
+1 312 693 7301
julie.l.bennink@accenture.com