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Accenture and AWS Extend Generative AI Capabilities to Accelerate Adoption and Value

Accenture

Accenture announced an extension of their strategic collaboration with Amazon Web Services (AWS) to help clients leverage the value of large language models (LLMs) and generative AI for faster business transformation, utilizing the most comprehensive and broadly adopted cloud.

With a 15-year relationship, and as part of its existing strategic collaboration, Accenture and AWS—through the Accenture AWS Business Group—will make a series of strategic investments to develop new industry-specific and cross-industry solutions, pre-built models and trainings to help clients move rapidly from experimentation to scaled, responsible deployment of generative AI technologies within their organizations. These strategic investments will help clients accelerate innovation and value, efficiency, resilience, and improve interactions with customers and employees, transforming work across industries. Built around AWS’s advanced machine learning (ML) and AI technologies, these investments will span across arenas, including financial services, life sciences, customer support, supply chain, cybersecurity, and more.

“With the rise of generative AI, more and more organizations are looking to accelerate their use of all forms of AI across their enterprises,” said Julie Sweet, chair and CEO, Accenture. “Our expanded relationship with AWS will bring our clients across industries new, rigorously developed business cases, more powerful safeguards for using AI responsibly and enhanced expertise that will help them create the most value with these innovative technologies.”

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“We’re excited to bring over 20 years of experience with AI technologies to our expanded relationship with Accenture to help organizations of all sizes realize the benefits of generative AI,” said Adam Selipsky, CEO of Amazon Web Services, Inc. “By providing customers with great choice, flexibility, and security when building and scaling with generative AI on AWS, they can quickly and responsibly deploy applications tailored to their industry-specific use cases. AWS and Accenture will empower customers with new, advanced AI technologies to help them to address their most pressing organizational challenges, drive business transformation, and accelerate innovation.”

Accenture will also work with AWS to develop new industry and cross-industry solutions, including:

  • New AI-driven capabilities across financial services – spanning the sector from banking to capital markets to insurance, and extending the AI capabilities of the Accenture Cognitive Insurance Platform – which today leverages AWS technologies including Amazon Textract, Amazon Comprehend, and Amazon SageMaker – to further improve typically labor-intensive tasks for the industry, such as collecting, classifying and extracting data from multiple sources.
  • Multiple applications across the life sciences value chain – to transform work for areas such as lab transformation, speeding up research and discovery, to document generation for regulatory filings. Accenture will use generative AI technologies to help scientists work in a paperless environment without disrupting their scientific processes.

SOURCE: Businesswire