Accenture
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Accenture forms Nvidia Business Group to chase agentic AI
Consulting giant Accenture is forming an Nvidia Business Group in its own organization to help it drive and grow AI adoption in enterprises, a move that comes as part of a newly expanded partnership between the two firms, and more deeply entwines Accenture with the company that has become the poster boy of the AI boom.
Accenture said it will help enable agentic AI by leveraging its AI Refinery framework, which uses the full Nvidia AI stack, including Nvidia AI Foundry, AI Enterprise and Omniverse platforms, to advance areas such as process reinvention, AI-powered simulation, and sovereign AI. The company already has AI Refinery Engineering Hubs in Mountain View, California, and Bangalore, and intends to build additional hubs in Accenture Singapore, Tokyo, Malaga, and London. The partners already are working with some customers to support agentic AI, one prime example being Indosat Group in Indonesia, with whom Accenture and Nvidia are working on a sovereign AI project.
Accenture AI Refinery will be available on all public and private cloud platforms and will integrate seamlessly with other Accenture Business Groups to accelerate AI across the SaaS and cloud AI ecosystem, the company stated. Accenture also plans to debut a new Nvidia NIM Agent Blueprint for virtual facility robot fleet simulation, which integrates Omniverse and Nvidia’s Isaac robotics software and Metropolis video analytics software to enable industrial companies to build autonomous, robot-operated software-defined factories and facilities. Accenture will use these new capabilities at Eclipse Automation, an Accenture-owned manufacturing automation company, to deliver as much as 50% faster designs and 30% reduction in cycle time on behalf of its clients, the company said.
L3Harris and Accenture Collaborate to Accelerate Technology Reinvention for Growth
L3Harris Technologies announced a strategic collaboration with Accenture to accelerate its technology reinvention. The initiative, part of L3Harris’ LHX NeXt transformation, is centered around building a strong digital core and establishing new ways of working that will help optimize operations and enable future growth.
L3Harris will leverage Accenture’s deep industry expertise and digital skills steeped in cloud, infrastructure, and application services to drive increased agility, scalability and improved user experiences. As part of this collaboration, a portion of L3Harris’ IT professionals will join Accenture, where they will benefit from industry-specific training, new technology and operational skills development.
Accenture Invests in Turbine to Accelerate Use of AI-Powered Cell Simulations for Biopharma Research and Development
Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Turbine, a predictive simulation company that is building a platform for interpreting human biology. Accenture’s investment will help Turbine further extend its capabilities to global biopharma companies that can benefit from Turbine’s ability to uncover hidden biological insights, with the potential to guide and accelerate key drug development workstreams.
Turbine’s core technology, the Simulated Cell™ platform, utilizes machine learning to understand how human cells make decisions. The platform intricately models molecular interactions within and around cells, enabling virtual experiments in volumes that are nearly impossible to achieve in the physical world and revealing mechanisms that drive diseases and response to therapies.
Accenture Invests in Sanctuary AI to Bring AI-Powered, Humanoid Robotics to Work Alongside Humans
Accenture has made a strategic investment, through Accenture Ventures, in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide variety of work tasks quickly, safely and effectively.
Sanctuary AI’s general-purpose robot PhoenixTM, recently recognized as one of TIME magazine’s “Best Inventions of 2023,” can perform a multitude of work tasks. For instance, at a Mark’s retail store in Langley, BC, Canada, Phoenix has performed more than 100 tasks, including choosing and packing merchandise, and correctly cleaning, tagging, labeling and folding items, with robotic hands that rival human hand dexterity and fine manipulation. Phoenix is powered by the company’s AI control system, CarbonTM, which mimics subsystems found in the human brain, such as memory, sight, sound and touch, and translates natural language into action in the real world.
Accenture and Mujin Establish Joint Venture to Bring AI and Robotics to the Manufacturing and Logistics Industries
Accenture and Mujin, a leader in intelligent robotics for manufacturing, logistics and supply chain operations, have established Accenture Alpha Automation, a joint venture for the manufacturing and logistics industries. Accenture Alpha Automation will help companies automate their management infrastructure with data-driven solutions that seamlessly combine data from manufacturing and logistics operations with management data. The joint venture is 70% owned by Accenture and 30% by Mujin.
The joint venture will combine Mujin’s experience in industrial robotics and automation with expertise from Accenture’s digital engineering and manufacturing service, Industry X. Accenture Alpha Automation’s solutions will integrate previously disconnected operational data from manufacturing and logistics sites with business management data, such as the company-wide supply chain status, financial information and market information. Accenture and Mujin will bring these solutions to clients to help them make faster, better decisions and hyper-automate their manufacturing and logistics processes.
Accenture Expands Partnership with SAP to Help Clients Establish Responsible and Resilient Supply Chains
Accenture (NYSE: ACN) announced it will collaborate with SAP SE to help organizations reinvent their supply chains with a comprehensive supply chain nerve center that can reduce risk, enhance visibility and support sustainability goals. Additionally, Accenture and SAP plan to co-develop new capabilities for the SAP® Integrated Business Planning for Supply Chain (SAP IBP) solution to help further enhance an organization’s ability to quickly and cost-effectively respond to changes in supply, demand and inventory.
Using cloud, data, artificial intelligence (AI) and analytics, the supply chain nerve centerprovides n-tier transparency, allowing organizations to identify risks beyond tier one and tier two suppliers by giving deeper visibility into their network of suppliers and subcontractors. It turns data into actionable insights and improves decision-making by sensing factors such as whether suppliers align with an organization’s Environmental, Social and Governance (ESG) goals.
🦾 Mujin Secures $85M in Series C Funding to Accelerate Intelligent Robotic Automation
Mujin, a leader in intelligent robotics for manufacturing, logistics, and supply chain operations, has successfully raised $85 million in its Series C funding round, reflecting the company’s rise to market leadership. The funding round was led by SBI Investment Co., Ltd. in Japan, along with Pegasus Tech Ventures, a prominent Silicon Valley venture capital firm, 7 Industries from the Netherlands, corporate investor Accenture, and renowned angel investor Dr. James Kuffner. With this fresh infusion of capital, Mujin aims to enhance the accessibility of its revolutionary intelligent robotics platform, the MujinController, to integrators and end users, empowering them to develop new, advanced automation applications and drive further innovation.
The Supply Chain Vulnerability Scan from Cosmo Tech is now Available on the SAP® Store
Cosmo Tech announced that its Supply Chain Vulnerability Scan is now available on the SAP® Store, the online marketplace for SAP and partner offerings. This AI-Simulation add-on integrates with SAP Integrated Business Planning software and delivers supply chain resilience at all levels of planning to customers.
Cosmo Tech is teaming with Accenture, its preferred global systems integrator, to bring the Supply Chain Vulnerability Scan to SAP Integrated Business Planning customers globally for improved supply chain resilience.
Accenture Completes Acquisition of Flutura
Accenture (NYSE ACN) has completed its acquisition of Flutura, an industrial artificial intelligence (AI) company, headquartered in Bangalore, India. Terms of the transaction, which Accenture announced on March 21, 2023, were not disclosed. Flutura strengthens Accenture’s industrial AI services for clients in the energy, chemicals, metals, mining, and pharmaceutical industries.
Boehringer Ingelheim: Healthy data creates a better world
Accenture and Siemens: Tackling industrial machinery challenges through Intelligent Service and Asset Lifecycle (ISAL)
The industrial machinery industry is being transformed by global supply chain disruptions, changes to equipment practices and a push for greater sustainability. Executives seeking to adapt to the shifting landscape need reliable partners and world-class solutions.
Accenture and Siemens can partner with industrial machinery manufacturers to help manage this period of transformation. This post discusses trends in the sector, the Intelligent Service and Asset Lifecycle (ISAL) solution and the role Accenture and Siemens play to support a new direction for industrial machinery companies.
Mars, Accenture to Develop ‘Factory of the Future’
Mars is collaborating with Accenture to digitize its operations using artificial intelligence (AI), cloud, edge technology and digital twins. The companies have been working in partnership since 2020, trialing digital twin solutions for Mars’ manufacturing operations. The tech will allow Mars to simulate and test planned changes before committing resources to them. The project seeks to target the company’s overall emissions, as well as water use and cost of operations, with digital twin tech hoped to enable predictive maintenance and pre-empt other potential problems to minimize cost (and resource) waste.
Accenture to Acquire Eclipse Automation to Help Clients Build Factories of the Future
Accenture (NYSE: ACN) has agreed to acquire Eclipse Automation, a provider of customized manufacturing automation and robotics solutions headquartered in Cambridge, Ontario, Canada. The acquisition will allow Accenture to offer automated production lines that leverage the cloud, data and artificial intelligence (AI), making factories and plants smarter and thus, more productive, sustainable and safe. Financial terms were not disclosed.
Eclipse Automation creates automated manufacturing systems to produce sophisticated products for life sciences, industrial equipment, automotive, energy and consumer goods companies. Its technologists and engineers design, build, integrate and service advanced automation solutions for producing components and devices such as electric vehicle batteries and wearable blood-glucose monitors. Eclipse Automation’s solutions include automation control systems, production machines and robots, with critical customized tooling manufactured in-house.
Accenture x Cosmo Tech: Demo Real-time & optimized decision making
Semiconductor growth through as-a-service models
This report examines As-a-Service (AaS) as an increasingly relevant competitive growth model for the semiconductor industry. Originally successful in the software realm, AaS business models are poised to help semiconductor companies fuel growth, boost revenue, innovate faster, and deepen relationships with customers. When planned and implemented correctly, AaS can substantially increase shareholder value and improve predictability of revenue. However, if executed poorly, it can negatively impact a company’s bottom line.
How the USPS Is Finding Lost Packages More Quickly Using AI Technology from Nvidia
In one of its latest technology innovations, the USPS got AI help from Nvidia to fix a problem that has long confounded existing processes – how to better track packages that get lost within the USPS system so they can be found in hours instead of in several days. In the past, it took eight to 10 people several days to locate and recover lost packages within USPS facilities. Now it is done by one or two people in a couple hours using AI.