Be a part of Gen AI enterprise leaders in Boston on March 27 for an unique evening of networking, insights, and conversations surrounding knowledge integrity. Request an invitation right here.
Accenture, the worldwide skilled providers firm, introduced earlier this month the launch of Accenture LearnVantage, a $1 billion funding over three years in an AI-powered studying platform designed to assist shoppers upskill their workforces and capitalize on rising applied sciences. The transfer comes as companies throughout industries battle to seek out expertise with the mandatory abilities in areas equivalent to generative AI, cloud computing, and cybersecurity.
Kishore Durg, the worldwide lead of Accenture LearnVantage, just lately spoke with VentureBeat to speak concerning the huge announcement and what it means for the enterprise. He helped make clear what this implies for the corporate and why it comes simply on the proper time.
“As we proceed to assist our shoppers reinvent in response to new market realities, one of many largest challenges they face is increasing their means to make the most of modern applied sciences to attain better enterprise worth,” Durg stated. “In line with Accenture analysis, enterprise leaders say their No. 1 problem is their incapacity to upskill their workforces, with 51% of organizations beginning to see unfavourable impacts from worsening IT abilities shortages.”
Bolstering Capabilities with Acquisitions and Partnerships
Accenture LearnVantage goals to bridge this hole by providing customized studying paths primarily based on one of the best content material from Accenture and third-party suppliers. The platform’s AI advice engine will floor essentially the most related abilities to people primarily based on their roles and the corporate’s enterprise technique. “It’s supported by an always-on abilities assistant that delivers related studying on the level of want in a method that’s simple to devour, apply and measure,” Durg defined.
The launch of Accenture LearnVantage is bolstered by the corporate’s latest acquisition of Udacity, a digital schooling pioneer. “As a digital schooling pioneer, Udacity will convey to Accenture expanded capabilities in integrating proprietary content material, professional providers and scalable studying know-how that aligns with Accenture’s long-standing method to studying by means of formal coaching, studying by doing and training by specialists,” Durg informed VentureBeat.
Accenture LearnVantage may even accomplice with know-how giants equivalent to AWS, Google Cloud, and Microsoft to supply generative AI content material, industry-relevant know-how coaching, and cloud certifications for joint shoppers. These partnerships, together with Accenture’s deep {industry} experience, will allow the platform to supply tailor-made, contextualized studying experiences for particular industries.
Assembly the Demand for Generative AI Expertise
As demand for generative AI abilities skyrockets, with 94% of employees eager to be taught however solely 5% of firms offering coaching at scale, Accenture LearnVantage is well-positioned to assist shoppers meet this problem. “We’re experiencing great curiosity from senior leaders particularly who need to be educated on GenAI capabilities in order to make applicable choices for GenAI purposes and fund applicable packages,” Durg famous.
Accenture’s $1 billion funding in LearnVantage underscores the rising significance of upskilling and reskilling within the face of speedy technological change. With its AI-powered platform, deep {industry} experience, and sturdy accomplice ecosystem, Accenture LearnVantage has the potential to change into a serious participant within the enterprise studying market and assist companies throughout industries keep aggressive within the age of AI.