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Accenture, NVIDIA announce new business group to help enterprises scale AI adoption

Money Control

Money Control · 9m ago

Accenture, NVIDIA announce new business group to help enterprises scale AI adoption

- Accenture and NVIDIA have formed a new business group to help enterprises scale their AI adoption. - The Accenture-NVIDIA Business Group will focus on reinventing processes and scaling enterprise AI adoption with AI agents. - The group aims to accelerate momentum with Generative AI (Gen AI) and drive new levels of productivity and growth. - Accenture's AI Refinery, which utilizes the full NVIDIA AI stack, will help clients lay the foundation for agentic AI functionality. - Accenture's Gen AI bookings have been steadily increasing, with $1 billion in new bookings in Q4 alone. - Accenture will also debut an agent blueprint for virtual facility robot fleet simulation to enable autonomous, robot-operated software-defined factories.

Related News

Accenture opens genAI studio in Bengaluru

Economic Times

Economic Times · 1y ago

Accenture opens genAI studio in Bengaluru

Accenture has launched a generative AI studio in Bengaluru, India. The studio aims to develop genAI capabilities for enterprises to optimize their business processes. It will offer a full stack of services, including a proprietary genAI model, customization techniques, model managed services, and training programs. The studio is part of Accenture's $3 billion investment in data and AI. With increasing importance placed on AI, Accenture aims to help clients leverage generative AI to reinvent their businesses and achieve new levels of performance.

Another Accenture exec departs: Tyler Buffie moves to EY as principal - The Economic Times

Economic Times

Economic Times · 5d ago

Another Accenture exec departs: Tyler Buffie moves to EY as principal - The Economic Times

Tyler Buffie, after a 13-year tenure at Accenture, has joined EY as a principal to focus on data and AI strategy, promoting innovation with ethical governance and business value. Previously the managing director at Accenture, Buffie announced his transition on LinkedIn, expressing gratitude for his past experiences. His move marks the second instance this year of an Accenture executive leaving for another company amidst restructuring, with Accenture yet to announce his replacement.

Cisco teams up with Nvidia to help businesses get more out of AI than ever before

Techradar

Techradar · 1y ago

Cisco teams up with Nvidia to help businesses get more out of AI than ever before

Cisco and Nvidia have partnered up to provide scalable and secure AI deployment for enterprises. The collaboration aims to deliver both cloud-based and on-premises AI infrastructure, utilizing NVIDIA's Tensor Core GPUs with Cisco's M7 UCS rack and blade servers. This will enable enterprises to handle intense workloads generated by AI operations. Additionally, Cisco will offer management of AI infrastructure through its Networking Cloud, while its ThousandEyes tool uses AI for digital experience monitoring and problem remediation. The partnership seeks to help enterprises build, deploy, manage, and secure AI solutions at scale.

Accenture acquires TalentSprint from NSE Academy

Entrackr

Entrackr · 2m ago

Accenture acquires TalentSprint from NSE Academy

Accenture acquires TalentSprint from NSE Academy Accenture has acquired deep tech education company TalentSprint from NSE Academy Ltd, a wholly-owned subsidiary of National Stock Exchange of India Limited. The acquisition will bolster Accenture LearnVantage’s ability to drive growth through key university certifications and high impact bootcamps, creating trained talent pools for enterprises and governments, Accenture said in a press release. Launched in 2008 by Santanu Paul, J Chowdary, and Madhu Murty, TalentSprint offers certification programs in emerging and deep technologies to aspiring and experienced professionals using a hybrid online/onsite model. Coding bootcamps, AI and data sciences, fintech, blockchains, cyber security, and digital health are some of their recommended programs. According to Accenture, this acquisition will strengthen LearnVantage’s capabilities to help organisations reshape their workforce through upskilling, reskilling, and preparing them for an AI-powered world. TalentSprint’s team of approximately 210 professionals will join Accenture LearnVantage. Over the past 15 years, TalentSprint has formed collaborations with academic institutions, including the Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs), International Institutes of Information Technology (IIITs) and globally-renowned research institutions. Accenture states that TalentSprint’s end-to-end delivery capabilities of focused learning programmes provide a competitive value proposition for learners and enterprises alike, making it a great fit for its expanding LearnVantage business. “The addition of TalentSprint further boosts our ability to meet our clients' demand for training, helping their people gain the essential technology skills in emerging areas needed to reinvent their organisations and achieve greater business value,” said Kishore Durg, global lead of Accenture LearnVantage. TalentSprint's revenue from operations surged 40.8% to Rs 100 crore in FY23 from Rs 71 crore in FY22. The company has yet to file its FY24 and FY25 numbers.

Wipro, Dell Technologies expand partnership to strengthen enterprise AI offerings

YourStory

YourStory · 10m ago

Wipro, Dell Technologies expand partnership to strengthen enterprise AI offerings

Wipro has expanded its partnership with Dell Technologies to integrate their AI enterprise solutions and provide superior technology to enterprises. The collaboration aims to accelerate the adoption of AI across cloud, data center, and edge environments. Wipro's Enterprise AI-Ready platform will leverage Dell's AI Factory with Nvidia to bring GenAI processing power to data without upfront investment. The partnership will support the safe and responsible adoption of AI by offering robust governance, observability, and automation capabilities. The goal is to make AI consumption efficient, agile, reliable, and sustainable for enterprises.

HCLTech integrates NVIDIA AI softwares with GenAI solutions

YourStory

YourStory · 3m ago

HCLTech integrates NVIDIA AI softwares with GenAI solutions

HCLTech has integrated NVIDIA AI Enterprise and Omniverse with its GenAI solutions to enhance AI adoption in enterprises. The integration with NVIDIA's AI software aims to optimize software development, improve code quality, accelerate release timelines, and boost engineering productivity. The SmartTwin platform will employ NVIDIA Omniverse for creating data pipelines, integrating third-party tools, and conducting virtual simulations to quicken product launches and reduce costs, minimizing the reliance on physical prototypes.

Accenture’s Gen AI bets pay off with $3 bn in bookings | Mint

Livemint

Livemint · 9m ago

Accenture’s Gen AI bets pay off with $3 bn in bookings | Mint

Accenture, the world's largest software services company, has recorded $1 billion in generative AI (Gen AI) bookings in the quarter ended August. This brings the total order in the Gen AI segment to $3 billion for the full year. Despite a sequential revenue decline, the interest in this new technology is rising. Gen AI projects accounted for 4% of Accenture's total order bookings for the year. However, analysts note that widespread real-time adoption of Gen AI technology is still a challenge. Accenture remains cautious about the outlook due to ongoing economic headwinds.

Prompt engineers wanted: tech companies hunt for people who speak the AI language

Economic Times

Economic Times · 11m ago

Prompt engineers wanted: tech companies hunt for people who speak the AI language

Technology companies such as Accenture, IBM, and Tata Group are hiring thousands of artificial intelligence specialists, leading to the creation of a new category of workers called prompt engineers. Around 18,000-22,000 new roles have been created in this field in the last six months alone. These engineers, with AI and machine learning certification, can earn annual compensation of around Rs 20 lakh, while entry-level prompt engineers may be paid around Rs 4 lakh per annum. The demand for AI prompt engineers has risen by 300% year-on-year, fueled by the adoption of generative AI technologies.

Meet Yotta Data Services, an Indian startup taking big AI bets

Economic Times

Economic Times · 1y ago

Meet Yotta Data Services, an Indian startup taking big AI bets

Yotta Data Services, a data centre startup in India, has partnered with chipmaker Nvidia to offer high-performance computing capabilities for AI development. Yotta has received the first batch of 4,000 Nvidia H100 chips and plans to scale up to 16,384 GPUs by 2024. They aim to address the growing demand for high-performance GPUs in research labs, enterprises, and startups. Yotta's Shakti-Cloud will provide cost-effective access to Nvidia AI chips on a per-hour usage model. Additionally, Yotta is building an AI data centre in Gujarat's GIFT City, set to go live later this month.

Yotta Data Services to offer cheapest AI compute rates globally, says CEO

Economic Times

Economic Times · 1y ago

Yotta Data Services to offer cheapest AI compute rates globally, says CEO

Yotta Data Services, a leading AI superchip partner of NVIDIA, aims to offer AI compute capacity to startups, IT companies, the Indian government, and foreign enterprises at competitive pricing. By leveraging its partnership with NVIDIA and operating in special economic zones with zero taxation and import duties on AI hardware, Yotta claims it can offer GPU access at a significantly lower cost compared to global hyperscalers. The company plans to scale up quickly by offering low subscription rates and expects to achieve breakeven within 2-3 years on its $1 billion investment in the NVIDIA GPU deal.

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