Accenture has globally launched an intelligent automation platform, myWizard, which promises to enhance productivity for organisations. It does so by employing a team of virtual agents—powered by artificial intelligence—to analyse data, identify patterns and guide human workers to make more informed decisions.
This will eventually drive highly impactful business performance, which can include significant improvement in application quality, cost reduction and speed to market.
The Accenture release claims that myWizard will help organisations become approx. 60 per cent more productive. It will achieve this by automating task-related work and enabling them to focus on more strategic work.
The platform mines Accenture’s vast, cumulative knowledge base of vertical industry operating models, process flows and key performance indicators, giving it a unique set of business domain experiences that can identify and support tangible business results.
“By bringing leading technologies together in an automation platform and enabling it with artificial intelligence, we are poised to dramatically impact productivity, decision making and cost and operational improvements for our clients,” Bhaskar Ghosh, group chief executive, Accenture Technology Services, says in an official communique.
“We need to enable people to do more with technology, to achieve greater speed and scale. That’s why we believe intelligent automation is the essential co-worker for the digital age. Accenture myWizard supports our ‘people first’ automation strategy by helping humans do more complex and creative problem-solving,” he adds.
The new platform is expected to be quite beneficial for the IT companies, which are generally under intense pressure to operate with greater speed and manage increasing complexity. These challenges cannot be sustainably addressed by simply increasing headcount.
The platform myWizard has a number of virtual agents that use machine learning to collaborate with human co-workers to manage projects, apply analytics to support business goals, advise on a range of judgement-based tasks and monitor numerous aspects of agile development.
Over the past six months, Accenture myWizard has been deployed to more than 100 clients, globally. Accenture is training approximately 3,000 professionals as it plans to deploy the intelligent automation platform to more than 200 clients by the end of August, 2016.