[Pierr]Why Accenture Is Increasing Investment In Artificial Intelligence

Accenture (NYSE:ACN), which provides management consulting, technology and outsourcing services, is structured around five operating groups – communications, media & technology, financial services, health & public service, and products and resources – which together make up 13 industry groups serving clients globally. On a broader level, over 50% of its revenues come from consulting for its 13 industry groups, while the rest comes from outsourcing services. However, in light of the advent of artificial intelligence system, which is expected to disrupt businesses and industries on a global scale, Accenture has announced that it is accelerating its research and development efforts in artificial intelligence. [] In this note, we will explore the broader trends in the AI industry and how Accenture plans to capitalize on it. See our full analysis on Accenture Expected Trends…


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