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    Home » AI governance at Accenture: Innovation that is responsible
    AI governance Accenture
    AI governance Accenture
    AI

    AI governance at Accenture: Innovation that is responsible

    By Fiona HuangMay 9, 2024No Comments4 Mins Read
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    • Accenture emphasises the importance of involving various stakeholders, including technologists, legal experts, ethicists, and business leaders, to ensure a well-rounded and responsible approach to AI governance.
    • Accenture has developed a comprehensive Responsible AI framework that includes principles such as empathy, fairness, transparency, and accountability. This framework aims to guide the ethical use of AI, ensuring that AI systems are developed and deployed with societal values in mind.
    • Recognising the need for specialised skills in the AI field, Accenture advocates for the professionalisation of AI practitioners.

    In artificial intelligence (AI) field, governance is not just a buzzword; it’s a blueprint for the future. Accenture, a leading global professional services company, has recognised the importance of AI governance and has been at the forefront of shaping responsible AI practices

    In the ever-evolving landscape of business and technology, Accenture stands as a beacon of innovation and expertise. As a global professional services company, Accenture has carved a niche for itself by delivering a comprehensive suite of services that span strategy, consulting, digital, technology, and operations.

    A brief history

    Accenture’s journey began in 1953 when Andersen Consulting, a wing of the accounting firm Arthur Andersen, started using computers to solve business problems, marking the dawn of the data processing era. Over the years, Andersen Consulting grew into a formidable entity, eventually rebranding as Accenture in 2001. The new name, derived from the phrase “accent on the future,” reflects the company’s forward-thinking approach and commitment to shaping the future of business and technology.

    Services and expertise

    Accenture’s service offerings are as diverse as they are comprehensive. The company’s strategy and consulting services help clients navigate the complexities of the business world, leveraging deep industry insights and a robust understanding of market dynamics. In the digital arena, Accenture’s interactive services are at the forefront of innovation, helping clients harness the power of emerging technologies to drive growth and enhance customer experiences.

    Technology is at the core of Accenture’s operations, with the company providing cutting-edge solutions that range from cloud computing and cybersecurity to artificial intelligence and the Internet of Things (IoT). Accenture’s operational services are designed to streamline and optimise business processes, ensuring that clients can operate efficiently and effectively in a fast-paced, competitive environment.

    Also read: How does deepfake AI work?

    Accenture’s responsible AI framework

    Accenture has developed its own Responsible AI framework, which is comprised of four pillars to ensure ethical, transparent, and accountable use of AI. This framework leads to consistency with user expectations, organsational values, and societal laws and norms.

    Accenture has outlined several principles that form the cornerstone of responsible AI governance:

    Empathy: Understanding the societal implications of AI and addressing the impact on all stakeholders.

    Bias Control: Rigorous examination of training data to prevent embedding real-world biases into AI algorithms.

    Transparency: Clarity in AI operations and decision-making processes, with the ability to explain AI-driven outcomes.

    Accountability: Setting high standards to manage AI’s impact and maintaining responsibility for AI’s outcomes.

    AI Safety and Security: Ensuring developers share safety test results and critical information with governing bodies.

    Also read: How is digital transformation changing the healthcare industry?

    Sustainability and corporate responsibility

    Accenture is also a leader in sustainability and corporate responsibility. The company’s efforts in this area are driven by a belief that businesses have a role to play in creating a more sustainable and equitable future. Accenture’s sustainability initiatives are aligned with the United Nations Sustainable Development Goals, and the company is committed to making a positive impact on the communities it serves.

    The future with Accenture

    As we look to the future, Accenture continues to be a trusted partner for businesses navigating the complexities of the digital transformation journey. With a relentless focus on innovation, a commitment to excellence, and a global network of skilled professionals, Accenture is poised to help clients unlock new opportunities and drive growth in the digital age.

    Accenture is more than just a service provider; it is a catalyst for change, a driver of innovation, and a beacon of knowledge in a rapidly evolving world. As the company continues to push the boundaries of what’s possible, it remains a vital partner for businesses looking to thrive in the digital era.

    Accenture AI governance
    Fiona Huang

    Fiona Huang, an intern reporter at BTW media dedicated in Fintech. She graduated from University of Southampton. Send tips to f.huang@btw.media.

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