In its Technology Vision 2023 report, When Atoms Meet Bits: The Foundations of Our New Reality, Accenture mentioned that the suggestions loop between science and expertise is getting quicker, with every accelerating the development of the opposite.
“The next decade will be defined by three mega technology trends—cloud, metaverse and AI—which collectively will collapse the distance of our digital and physical worlds,” mentioned Paul Daugherty, group chief government of Accenture Technology.
“While generative AI will have far-reaching impact, leaders must dive in now to achieve its full promise, as it will require significant investments in data, people, and customizing foundation models to meet organizations’ unique needs.
The rapid adoption of ChatGPT has highlighted the role that generative AI can play in augmenting human capability. Accenture estimates as much as 40% of all working hours will be supported or augmented by language-based AI.
Among business leaders, 98% of respondents agree AI foundation models will play an important role in their organization’s strategies over the next three to five years.
Discover the stories of your interest
“The next wave of business transformation will shift from creating isolated digital capabilities to creating a new reality that seamlessly converges the physical lives we’ve been leading with digital,” mentioned Mahesh Zurale, senior managing director, lead — Advanced Technology Centers in India, Accenture.
“To fully unlock the opportunity of the new reality, companies need to develop an innovation strategy on three pillars – information (IT), physical systems (OT), and science tech (ST) while continuing to invest in skilling across areas like quantum computing, AI, extended reality, creative thinking, and critical reasoning capabilities to name a few.”
The Technology Vision 2023 report relies on inputs from an exterior advisory board of about 25 practitioners. Accenture Research additionally carried out a world survey of 4,777 C-level executives and administrators throughout 34 nations and 25 industries.
Four key traits:
Generative AI: Advancing human functionality as a co-pilot, inventive accomplice or advisor, practically all executives agree that generative AI will spark vital creativity and innovation (98%) and usher in a brand new period of enterprise intelligence (95%).
Digital id: The capacity to authenticate digital customers and property—the inspiration for traversing digital and bodily worlds—is now seen by 85% of executives as a strategic business crucial, not only a technical difficulty.
My information, your information, our information: AI can’t attain its full potential till corporations determine information. That means breaking down information silos and modernizing their information foundations. 90% of executives imagine information is changing into a key aggressive differentiator inside organizations and throughout industries.
Our without end frontier: Feedback loop between science and expertise is getting quicker, with every accelerating the development of the opposite, in ways in which 75% of respondents imagine might start to unlock the world’s grand challenges.
Source: economictimes.indiatimes.com