Unilever and Accenture Join Forces to Establish a New Industry Standard in Generative AI-Powered Productivity
September 05 2024 - 2:29AM
Business Wire
Accenture (NYSE: ACN) has expanded its strategic partnership
with Unilever (LON: ULVR) to simplify its digital core and apply
generative AI to drive efficiencies and improved business
agility.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240905109256/en/
Accenture has expanded its strategic
partnership with Unilever to simplify its digital core and apply
generative AI to drive efficiencies and improved business agility.
(Photo: Business Wire)
Announcing this multi-year program, Unilever will work with
Accenture to establish the foundation on which to set a new
industry standard in gen AI powered productivity. This includes
scaling use cases that have shown to be effective in delivering
cost reductions and operational efficiencies across the business
globally.
Hein Schumacher CEO, Unilever, said, “We have already introduced
500 AI applications across Unilever, helping us to reach new levels
of efficiency. But as AI matures and becomes increasingly
intelligent and intuitive, we see so much more potential. Now, as
part of our action plan to deliver faster growth, drive
productivity, and dial up performance, we’re going deeper. With the
help of Accenture’s world-class tools and capabilities, we will be
able to analyze where and how AI can have the highest
transformational impact and deliver the greatest returns.”
Unilever will look to leverage Accenture’s GenWizard platform to
accelerate their technology and digital product development. The
gen AI platform has more than 350 patents and ready-to-apply tools
and frameworks that work together to provide a comprehensive
solution for any given technology business objective.
Julie Sweet, chair and CEO, Accenture, said, “This next exciting
chapter in our decades-long collaboration with Unilever will raise
the bar on how enterprises can scale gen AI to power productivity
and value at speed. Accenture’s GenWizard platform will enable
Unilever to create a full spectrum of targeted gen AI solutions
across its business that can realize efficiencies and cost savings,
uncover new ways of working and ultimately help drive competitive
advantage.”
This collaboration builds on the previously announced effort to
explore applications to scale gen AI across Unilever’s business
operations. Since then, Unilever has focused efforts on identifying
and testing new AI concepts, designs and projects from its
“Horizon3 Labs.”
About Unilever Unilever is one of the world’s leading
suppliers of Beauty & Wellbeing, Personal Care, Home Care,
Nutrition and Ice Cream products, with sales in over 190 countries
and products used by 3.4 billion people every day. We have 128,000
employees and generated sales of €59.6 billion in 2023.
For more information about Unilever and our brands, please visit
www.unilever.com.
About Accenture Accenture is a leading global
professional services company that helps the world’s leading
businesses, governments and other organizations build their digital
core, optimize their operations, accelerate revenue growth and
enhance citizen services—creating tangible value at speed and
scale. We are a talent- and innovation-led company with
approximately 750,000 people serving clients in more than 120
countries. Technology is at the core of change today, and we are
one of the world’s leaders in helping drive that change, with
strong ecosystem relationships. We combine our strength in
technology and leadership in cloud, data and AI with unmatched
industry experience, functional expertise and global delivery
capability. We are uniquely able to deliver tangible outcomes
because of our broad range of services, solutions and assets across
Strategy & Consulting, Technology, Operations, Industry X and
Song. These capabilities, together with our culture of shared
success and commitment to creating 360° value, enable us to help
our clients reinvent and build trusted, lasting relationships. We
measure our success by the 360° value we create for our clients,
each other, our shareholders, partners and communities. Visit us at
www.accenture.com.
Forward looking statements Except for the historical
information and discussions contained herein, statements in this
news release may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “may,” “will,” “should,” “likely,” “anticipates,”
“aspires,” “expects,” “intends,” “plans,” “projects,” “believes,”
“estimates,” “positioned,” “outlook,” “goal,” “target” and similar
expressions are used to identify these forward-looking statements.
These statements are not guarantees of future performance nor
promises that goals or targets will be met, and involve a number of
risks, uncertainties and other factors that are difficult to
predict and could cause actual results to differ materially from
those expressed or implied. These risks include, without
limitation, that the partnership might not achieve the anticipated
benefits for Accenture, as well as the risks, uncertainties and
other factors discussed under the “Risk Factors” heading in
Accenture plc’s most recent Annual Report on Form 10-K and other
documents filed with or furnished to the Securities and Exchange
Commission. Statements in this news release speak only as of the
date they were made, and Accenture undertakes no duty to update any
forward-looking statements made in this news release or to conform
such statements to actual results or changes in Accenture’s
expectations.
Copyright © 2024 Accenture. All rights reserved. Accenture and
its logo are registered trademarks of Accenture
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240905109256/en/
Unilever Press-Office.London@unilever.com
Tara Burns Accenture +44 7850 435185
tara.burns@accenture.com
Accenture (NYSE:ACN)
Historical Stock Chart
From Oct 2024 to Nov 2024
Accenture (NYSE:ACN)
Historical Stock Chart
From Nov 2023 to Nov 2024