Accenture and Faculty partner to help clients scale AI
Accenture has announced a collaboration with AI solutions provider Faculty. Together, the companies will help clients scale AI-powered decision making in their organisations.
Speaking on the news, Shaheen Sayed, head of Accenture for the UK, Ireland and Africa, said, “Organisations have been catapulted into an age of intelligence and understand it’s now crucial to reinvent how they operate with AI at the core. While many organisations are navigating this new era of AI, they often hit stumbling blocks when it comes to understanding, and then making decisions from swathes of their siloed data. Working with Faculty, we can help companies drive value from AI responsibly and help deliver on the investments that will likely define them in the next decade.”
Founded in 2014, Faculty is a leading provider of human-led AI solutions. They have helped over 250 customers across various sectors to build enterprise-level AI solutions to unlock value and make better decisions.
Accenture is a global IT and technology consultancy, which services some of the world’s largest businesses – helping them get the most of deploying new technology across their operations. To further help clients unlock value from data and AI, Accenture will work as the preferred implementation partner for Frontier, Faculty’s AI operating system. Together the companies will leverage the intelligent platform to ensure an organisation’s processes and workflows are connected, and then plugged into an interactive digital twin that can show the impact a decision will have across a company’s entire system.
Marc Warner, CEO of Faculty, added, “AI should sit at the top of every CEO’s agenda – and businesses failing to capitalise will struggle to remain competitive. Yet few leaders truly understand how to reap AI’s benefits whilst safely managing its risks. This partnership will guide businesses through their transformation journey, resulting in safe implementation, connected processes, and human-led decision making.”
Recent Accenture research shows the c-suite’s top concern going into 2024 is adapting to advancements in technology and innovation such as AI and automation. The strengthened collaboration with Faculty will form a key part of its efforts to aid clients with this, building on Accenture’s longstanding leadership in AI, which includes a history of more than 1,450 patents and pending patent applications worldwide and hundreds of client solutions at scale, ranging from marketing to retail and security to manufacturing.
This also forms part of Accenture’s recently-announced $3 billion investment over three years in its data and AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency, and resilience. The will double its AI talent to 80,000 professionals through a mix of hiring, acquisitions, and training.