Nvidia & Accenture Join to Bring Agentic AI to Enterprises
In a move that signals the dawn of a new era in AI, leaders of their respective sectors Nvidia and Accenture have joined forces to try and usher in the next revolution in AI: agentic AI
“AI will supercharge enterprises to scale innovation at great speed,” Jensen Huang, Founder and CEO of Nvidia, said following the announcement. “Nvidia’s platform, Accenture’s AI Refinery, and our combined expertise will help businesses and nations accelerate this transformation to drive unprecedented productivity and growth.”
This partnership promises to usher in a transformative wave of AI capabilities that could revolutionise how enterprises operate and compete in the digital age.
A game-changer for enterprise AI
The collaboration between Nvidia, the leader in AI chip technology, and Accenture, the world’s largest IT services provider support, aims to accelerate the adoption of agentic AI across industries.
Nvidia will provide Accenture support to create a new NVIDIA Business Group and help to launch Accenture’s AI Refinery platform for agentic AI.
The group will help clients lay the foundation for agentic AI functionality using Accenture’s AI Refinery, which uses the full NVIDIA AI stack - including NVIDIA AI Foundry, NVIDIA AI Enterprise and NVIDIA Omniverse - to advance areas such as process reinvention, AI-powered simulation and sovereign AI.
The platform will enable clients to convert raw NVIDIA technologies and tools into scaled, enterprise AI systems. Accenture said its AI Refinery offering will be available on all public and private cloud platforms and will integrate seamlessly with its other services that focus on AI and cloud.
Agentic AI examined
Agentic AI represents a significant leap forward from the Gen AI systems that have dominated headlines in recent years. While Gen AI excels at creating content based on learned patterns, agentic AI systems are designed to act as autonomous agents, capable of performing complex tasks, making decisions, and interacting with their environments without constant human oversight.
These advanced AI systems can plan actions, break down complex tasks, analyse sensory input, make predictions, and even interact with other systems independently. This level of autonomy and decision-making capability sets agentic AI apart from its predecessors, promising unprecedented levels of efficiency and productivity for businesses willing to embrace the technology.
“Accenture AI Refinery will create opportunities for companies to reimagine their processes and operations, discover new ways of working, and scale AI solutions across the enterprise,” says Accenture's CEO, Julie Sweet.
Accenture is dedicating around 30,000 workers globally to the newly formed business group, with plans to source them through a mix of training and upskilling existing employees and possibly new hires.
The next era of AI
The agentic AI market is poised for explosive growth. According to Emergen Research, the sector is valued at US$30.89bn in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 31.68%. North America currently accounts for approximately 20% of the total market share.
As the Nvidia-Accenture partnership demonstrates, the race to harness the power of agentic AI is well underway. Accenture's commitment underscores the scale of investment and resources being poured into this emerging technology.
The coming years will undoubtedly see intense competition and innovation in the agentic AI space, with businesses across sectors vying to leverage its capabilities for competitive advantage.
Already Nvidia's Justin Boitano, Vice President of Enterprise AI solutions, noted that Gen AI has already sparked about US$1tn in overall market investment, with the company anticipating this fervour extending to other game-changing AI systems, including agentic AI.
As businesses and nations grapple with the opportunities and challenges presented by this transformative technology, one thing is clear: the age of artificial intelligence working independently is no longer a distant future; it is being worked on by two of the very companies that were pivotal to usher in the Gen AI revolution.
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