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Accenture is making a significant commitment to AI with a $3bn investment in its Data & AI practice, announced in June 2023. This investment will enhance assets, industry solutions, ventures, acquisitions, talent, and partnerships. The firm aims to double its AI talent to 80,000 professionals through hiring, acquisitions, and training. In late 2023, Accenture appointed Lan Guan as its Chief AI Officer.

Accenture’s leadership in AI spans over a decade, with more than 1,450 patents and pending applications globally. In May 2024, the company strengthened its focus on responsible AI by appointing Arnab Chakraborty as its first Chief Responsible AI Officer. This move supports clients in adopting AI responsibly, particularly in the realm of generative AI.

“Clients are eager to embrace the potential of generative AI, and we are ready to help them build responsible AI into every use. We do this for ourselves, and we can use that example to help our clients find success faster,” said Julie Sweet, Chair and CEO of Accenture.

Accenture has prioritized ethical AI since 2017, embedding responsible AI into its Code of Business Ethics. In 2022, it launched an enterprise-wide responsible AI program, ensuring the tracking, risk assessment, and ongoing monitoring of AI systems.

2024 AI-related highlights

  • Accenture opens a new Advanced Technology Center in Bhubaneswar, expanding AI-driven digital services in India. (Feb 2024)
  • Invests in Sanctuary AI to bring humanoid robotics to perform work tasks (March 2024)
  • Accenture Federal Services Partners with Microsoft to Launch Cloud Modernization and Migration Factory on Azure (Mar 2024)
  • Accenture and Adobe Expand Partnership to Co-Develop Industry-Specific GenAI Solutions for Marketing Transformation (Mar 2024)
  • Announces launch of its AI Refinery™ framework, built on NVIDIA AI Foundry, to enable clients to build custom LLM models with the Llama 3.1 collection of openly available models (July 2024)
  • Announces expansion with Amazon Web Services (AWS) to create a Responsible AI platform (August 2024)
  • Accenture acquires SAP consultant Camelot to boost AI-driven, resilient supply chains. (Oct 2024)
  • Accenture Subsidiary and Google Public Sector Partner for Rapid Prototyping and Piloting AI-powered Solutions for Govt Agencies (Oct 2024)
  • Accenture partners with NVIDIA, launching a new group to scale agentic AI adoption for businesses. (Oct 2024)