Accenture

AI to drive urgency for reinvention, act as personal brand ambassador: report

As artificial intelligence (AI) spreads rapidly across enterprises and society, faster than any prior technology, 69 per cent of executives, including those in India, believe it brings a new urgency to reinvent how technology systems and processes are designed, built, and operated, a report revealed on Tuesday. The ‘Accenture Technology Vision 2025’ predicted that AI will increasingly act as a technology development partner, a personal brand ambassador, power robotic bodies in the physical ...

May 1, 2024 1:32 PM

Generative AI could boost bank revenues by 6 percent in next three years: Accenture

Banks across the globe could witness a substantial increase in revenues over the next three years by incorporating generative AI, as suggested by a recent report from Accenture. The report highlights that banks embracing this technology could experience a revenue surge of up to 600 basis points (bps) within this timeframe. Accenture's analysis, which involved studying more than 150 large banks worldwide, including public and private sector banks in India, revealed that adopting generative AI c...