Jessica Heygate
Updated on: October 16, 2024 9:26 am GMT
In a major move to harness the power of artificial intelligence (AI), Accenture and Nvidia have announced a partnership aimed at accelerating corporate AI adoption. This collaboration introduces a new Nvidia business group under Accenture that will focus specifically on “agentic AI,” a form of AI that can independently perform tasks and make decisions within defined limits.
Understanding Agentic AI
Agentic AI represents a breakthrough in how businesses can implement AI into their daily operations. Unlike traditional AI that requires constant human input, agentic AI operates autonomously, enabling companies to streamline their workflows. According to Lan Guan, Chief AI Officer at Accenture, this technology marks a shift from simple query-based interactions with AI to creating more sophisticated systems capable of achieving set objectives autonomously.
Significance of the Partnership
This partnership comes in response to a growing demand for generative AI, which has already brought in $3 billion in Accenture bookings over the last fiscal year. However, many businesses still struggle to realize the full benefits of generative AI. Accenture estimates that only 10% of companies have fully scaled this technology, citing obstacles such as:
- Cost
- Complexity
- Technical debt
- Data availability
- Talent readiness
With the new business group, Accenture aims to address these challenges head-on, helping clients fully leverage AI’s potential.
Innovative Tools for AI Adoption
One of the tools being leveraged in this initiative is Accenture’s AI Refinery platform, which utilizes the Nvidia AI stack. The stack includes:
- Nvidia AI Foundry
- Nvidia AI Enterprise
- Nvidia Omniverse
This platform allows companies to build a strong foundation for implementing agentic AI, enabling them to transform business processes effectively.
Enhancing Business Processes
With support from over 30,000 Nvidia-trained professionals, Accenture plans to assist companies in reinventing their operations. For instance, the collaboration aims to deliver faster designs and reduce cycle times for manufacturing processes. The upcoming Nvidia NIM Agent Blueprint will play a crucial role in this effort, facilitating:
- Robot fleet simulation
- Software-defined factories
By integrating this blueprint with the Nvidia Omniverse, Isaac, and Metropolis software, Accenture aims to help industrial firms achieve designs up to 50% faster and cut cycle times by 30%.
Advancements in Marketing with AI
The impact of this partnership also extends to marketing functions. Accenture’s marketing division is incorporating the AI Refinery platform to streamline campaign management. Benefits include:
- Reduction of manual steps by 35%
- Cost reductions by 6%
- Increased speed-to-market by 55%
These improvements will enhance how Accenture creates and runs marketing campaigns, making processes faster and more efficient.
Global Expansion of AI Hubs
In addition to the new group and tools, Accenture plans to establish AI Refinery Engineering Hubs in major cities such as Singapore, Tokyo, Malaga, and London. These hubs will focus on deep engineering skills and technical expertise related to agentic AI systems, particularly in:
- Selection and fine-tuning of AI models
- Large-scale inferencing
This global expansion will help enhance Accenture’s capabilities in deploying advanced AI solutions across various markets.
Looking Ahead
The partnership between Accenture and Nvidia represents a significant step forward in corporate AI adoption. By focusing on agentic AI, the two companies aim to revolutionize how businesses operate. As Lan Guan stated, “The next wave of agentic AI will be a huge step forward, a game changer for our clients.” With the right support and tools, businesses can navigate the complexities of AI and unlock new potential.
The collaboration could very well set the standard for how companies integrate AI into their workflows, paving the way for increased efficiency and innovation. As this partnership develops, it will be exciting to see how agentic AI transforms industries and elevates business operations to new heights.
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