Deloitte premier partner of Singularity University Global Summit

08 September 2017 Consultancy.uk

Big Four consulting firm Deloitte has joined forces with Singularity University to deliver the second Singularity University Global Summit. The flagship event of the US-founded think tank explored how technologies can be used to transform business and life in the future, while helping companies and individuals to avoid digital disruption.

Singularity University is a Silicon Valley think tank that offers educational programs and a business incubator. According to its website, it focuses on scientific progress and "exponential" technologies. The global learning and innovation community uses exponential technologies to tackle the world's biggest challenges, while stating that its aim is to work to build an abundant future for all. Founded in 2008 by innovators Ray Kurzweil and Peter H. Diamandis, the certified benefit corporation is headquartered at the NASA Research Park in Silicon Valley.

The University has hosted its second flagship annual event, Singularity University Global Summit, August 13-15, 2017 at the Hilton Union Square, San Francisco, where 1,500 participants from around the world, from individuals to entrepreneurs representing start-ups, assembled to address the issues surrounding the global economy in the face of digital innovation and disruption. Consulting firm Deloitte was the Premier Consulting Sponsor for the Summit, with several Deloitte speakers addressing the topics of Digital Transformation, Digital Reality, Re-thinking Strategy, and The Future of Work. Deloitte are also co-founding members of Singularity University Netherlands.

Singularity University Global Summit 2017

Negating digital disruption and harnessing the potential of new technologies to transform businesses are two key concerns facing clients of the consulting industry, and a number of different firms have taken to opening innovation centres of different forms in order to address this. This year alone, McKinseySynechron and Cognizant have opened varieties of innovation labs in order to engage clients with innovative techniques. Deloitte themselves have previously sponsored the development of a cyber-security MSc at Leicester’s De Montfort University, and along with having been the Premier Consulting Sponsor for this event, will also back Exponential Manufacturing, Exponential Finance and Exponential Medicine, as well as International Summits taking place in different countries, such as Australia, Canada, Chile, Germany, India, Italy, Japan, Mexico and others.

Singularity University's collaborative platform aims to empower individuals and organisations across the globe to learn about the potential use of accelerating technologies like artificial intelligence, robotics, and digital biology, to that same end, and Deloitte’s involvement with the institution’s Global Summit has seen the firm leverage that expertise to educate businesses and individuals. Deloitte joined a list of elite organisations as program funding partners, including the likes of Google and UNICEF.

Growing change and disruption

"The past year has been one of increasingly rapid change and disruption in the world," said Rob Nail, CEO and Associate Founder of Singularity University. "I remain incredibly encouraged and optimistic for our future. I've seen how exponential technology and innovations from the SU community, startups, and large organisations are positively changing business while solving key challenges humanity is facing. There are concrete examples about how SU alums are having impact in energy, the environment, learning, health, water, food, disaster resilience, shelter, security, prosperity, and governance. If you want to be uplifted, improve and grow your business, see the remarkable progress we are making, and become a force for good in the world, then I invite you to come to the Global Summit and partner with us to get involved!"

At the Global Summit, Deloitte also announced a series of initiatives for individuals, start-ups, and large organisations. The new offerings will focus on helping organisations develop and optimise their innovation capabilities and develop leaders who understand the impact of emerging technologies.

"We live in a time where unprecedented change is disrupting nearly every way we work and live. Our personal and professional lives are shifting in response to new technologies and business models that are changing what's possible and calling for us to respond and adapt, or fall behind. Since 2014, over 1,300 Deloitte clients have participated in SU programs around the world, empowering them to envision and realize significant exponential growth and efficiency opportunities," said Andrew Vaz, Deloitte Global Chief Innovation Officer.

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