Accenture is opening its newest lab in Dublin to accelerate its research and development agenda in artificial intelligence to help clients across industries integrate intelligent systems to improve operations and create new growth opportunities.
The new Technology Lab is central to Accenture’s commitment to Dublin as a Centre for Innovation, established to capitalize on Ireland’s role as a technology hub in Europe and to access highly skilled talent in science, technology and engineering in the region.
“Artificial intelligence will disrupt businesses and industries on a global scale, and we see this shift going well beyond deploying analytics, cognitive computing or machine learning systems in isolation,” said Paul Daugherty, Accenture’s chief technology officer. “We are investing early to drive more innovation at Accenture, recruit top talent in every location we operate in, and infuse more intelligence across our global business to help clients accelerate the integration of intelligence and automation to transform their businesses.”
As part of today’s announcement, Accenture has also established the Accenture Technology Labs University Grant on Artificial Intelligence; awarding the inaugural grant to an academic research team at the Insight Centre for Data Analytics at University College Dublin. The research team will explore the interface between humans and machines, using cognitive analysis to better understand how both can collaborate and interact effectively.
Artificial Intelligence—the broad field of new technologies that enable software to sense, comprehend, act and learn—is disrupting how businesses operate and compete while also accelerating the delivery of business outcomes in the “As-a-Service” economy. Analyst firm IDC predicts that the worldwide content analytics, discovery and cognitive systems software market will grow from US$4.5 billion in 2014 to US$9.2 billion in 2019, with others citing these systems as catalyst to have a US$5 trillion – US$7 trillion potential economic impact by 2025.
The global network of Accenture Technology Labs includes locations in: San Jose, California and Arlington, Virginia, in the United States; Sophia Antipolis, France; Beijing, China; Bangalore, India; and Dublin, Ireland. The Tech Labs are part of Accenture’s broader network of innovation centers—more than 80 around the world—which focus on helping clients develop innovative solutions based on new and emerging technologies.