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Accenture collaborates with Faculty to help organisations scale AI and redefine performance across their enterprise
The Accenture and Faculty partnership will help organisations transform their performance by making better decisions through an intelligent platform that connects their AI models, business processes, and decision makers together.
Accenture and Faculty are teaming to help clients maximise business performance with AI-powered decision-making across their enterprise in a safe and impactful way. To further help clients unlock value from data and AI, Accenture will become 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.
The powerful combination of Accenture and Faculty’s AI expertise, industry knowledge and full suite of transformation services, will provide companies with the ability to harness AI effectively across their enterprise and do so in a safe and responsible way. This forms part of Accenture’s recently-announced $3 billion investment over three years in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency, and resilience. The Data & AI practice will double its AI talent to 80,000 professionals through a mix of hiring, acquisitions, and training.
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. As a result, organisations are planning to increase levels of spending primarily in data and AI, despite economic headwinds. The strengthened collaboration with Faculty builds 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.
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.
Shaheen Sayed, Head of Accenture, UK, Ireland & 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.”
Marc Warner, CEO of Faculty, said,
“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.”
Interested to find out how the combination of Accenture strategy and Frontier technology could scale AI across your enterprise? Learn more here.
