Accenture Invests $3 Billion in Artificial Intelligence

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Global professional services and consulting company Accenture has announced it will invest an enormous $3bn in artificial intelligence (AI) over the next three years, with the goal of building-up a team of AI professionals and offering AI-focused solutions for its customers. The company says it will double the size of its data and AI practice team, from 40,000 to 80,000 employees, via a combination of hiring, training and acquisitions. Accenture’s total workforce is around 738,000, thus following the expansion, 10% of its employees would be AI professionals. The Dublin-based firm also plans to set up data and AI readiness accelerators across 19 industries.

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Frequently Asked Questions (FAQs) Related to the Above News

How much will Accenture invest in artificial intelligence?

Accenture will be investing $3 billion in artificial intelligence over the next three years.

What is the purpose of this investment?

The investment aims to build up a team of AI professionals and offer AI-focused solutions for Accenture's customers.

How many employees does Accenture plan to hire for its data and AI practice team?

Accenture plans to double the size of its data and AI practice team, from 40,000 to 80,000 employees.

How does Accenture plan to increase the size of its data and AI practice team?

Accenture plans to increase the size of its data and AI practice team through a combination of hiring, training, and acquisitions.

What percentage of Accenture's employees will be AI professionals after the expansion?

10% of Accenture's total workforce of around 738,000 employees will be AI professionals after the expansion.

What types of industries will Accenture set up data and AI readiness accelerators in?

Accenture plans to set up data and AI readiness accelerators across 19 industries.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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