Magazine : 
Accenture Launches AI Studio in India for Enhanced Data and AI Adoption
Accenture, a leading global IT services firm, has inaugurated a Generative AI Studio in India to expedite the integration of data and artificial intelligence (AI). As a component of Accenture's substantial $3 billion investment in data and AI, this studio will facilitate collaborative solution creation between the company's team and clients, leveraging a contemporary data and AI foundation, LLM architecture, ecosystem partnerships, talent, and frameworks for responsible AI.
"Clients understand the massive opportunity that generative AI can bring to optimize and reinvent their business, opening up new avenues for growth. However, to harness the full potential of their AI investments, they need to be value-led in every business capability they choose to reinvent with generative AI. Our Bengaluru studio will help our clients around the globe prioritize capabilities across the entire value chain", said Senthil Ramani, Global Lead–Data & AI, Accenture.
In a recent survey conducted by Accenture, it was found that 74% of C-suite executives intend to boost their spending on AI in 2024, marking a significant rise from the 50% reported in the preceding year. This surge in investment reflects a shift for companies as they transition from proof of concept to tailoring foundational models using proprietary data.
"Our clients across 19 industries now have the opportunity to understand, experiment, adopt and scale generative AI solutions to reinvent functions and business models to achieve new levels of performance", said Mahesh Zurale, Global Lead – Advanced Technology Centers Global Network, Accenture.
Leveraging the strategic investments in Accenture’s Center for Advanced AI for clients, the studio will utilize the wealth of knowledge derived from Accenture's extensive portfolio of more than 1,450 pending and issued patents in AI. Additionally, insights gained from over 300 ongoing generative AI projects will contribute to the studio's initiatives.
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