Download Accenture Report: POWERED BY BLOCKCHAIN: REALIZING AI'S FULL POTENTIAL
Blockchain’s ability to securely expand an AI implementation’s access to data across organizations will drive a whole new set of insights and value.
Artificial Intelligence (AI) could change the world more than any other advancement since the Industrial Revolution; fundamentally reinventing how businesses compete, grow, and succeed.
However, each AI system, and each algorithm within, is dependent upon training and acting upon trustworthy data to which it has access; typically limited to the organization implementing it.
Simultaneously, blockchain is redefining business processes and systems of record, enabling secure and confident access to shared data between organizations and increased trust and confidence in the data.
Together, AI and blockchain will enable organizations to exceed their current boundaries and gain access to significant amounts of trapped value.
Blockchain: the perfect partner for AI data
Leading business innovators recognize data’s central role in
harnessing AI’s value, though many feel constrained by the
relatively meager flows of trusted information they can currently
draw upon to feed their systems.
That’s why the leading
technology firms have invested billions to acquire data-focused
companies and their capabilities. The power of AI depends on
the access to, magnitude, and quality of the data it can process.
So, while AI redefines the systems of business engagement,
blockchain is recalibrating the systems of record. Together, they
will remap organizational boundaries, moving them from siloed
verticals with complex processes to operate efficiently across
horizontals, and, in the process, releasing large amounts of
currently trapped value.
Meeting the challenge; capturing the opportunity
AI systems are dramatically changing the nature of services and
experiences for consumers. The current phase of the scaled
use of AI has focused on the value and services individual
organizations can deliver to people.
This “internal application
focus” results from the natural commercial emphasis of
individual businesses attempting to drive profit and growth.
Companies usually start with what they can do and control
and the data they store in their systems.
Rarely can a single
organization comprehensively meet a consumer’s holistic needs,
and most current AI implementation efforts reflect that limitation...
Download the Full Accenture 16 page Pdf here:
https://www.accenture.com/_acnmedia/PDF-88/Accenture-Powered-Blockchain-PoV-v2.pdf#zoom=50
Artificial Intelligence (AI) could change the world more than any other advancement since the Industrial Revolution; fundamentally reinventing how businesses compete, grow, and succeed.
However, each AI system, and each algorithm within, is dependent upon training and acting upon trustworthy data to which it has access; typically limited to the organization implementing it.
Simultaneously, blockchain is redefining business processes and systems of record, enabling secure and confident access to shared data between organizations and increased trust and confidence in the data.
Together, AI and blockchain will enable organizations to exceed their current boundaries and gain access to significant amounts of trapped value.
Blockchain: the perfect partner for AI data
Leading business innovators recognize data’s central role in
harnessing AI’s value, though many feel constrained by the
relatively meager flows of trusted information they can currently
draw upon to feed their systems.
That’s why the leading
technology firms have invested billions to acquire data-focused
companies and their capabilities. The power of AI depends on
the access to, magnitude, and quality of the data it can process.
So, while AI redefines the systems of business engagement,
blockchain is recalibrating the systems of record. Together, they
will remap organizational boundaries, moving them from siloed
verticals with complex processes to operate efficiently across
horizontals, and, in the process, releasing large amounts of
currently trapped value.
Meeting the challenge; capturing the opportunity
AI systems are dramatically changing the nature of services and
experiences for consumers. The current phase of the scaled
use of AI has focused on the value and services individual
organizations can deliver to people.
This “internal application
focus” results from the natural commercial emphasis of
individual businesses attempting to drive profit and growth.
Companies usually start with what they can do and control
and the data they store in their systems.
Rarely can a single
organization comprehensively meet a consumer’s holistic needs,
and most current AI implementation efforts reflect that limitation...
Download the Full Accenture 16 page Pdf here:
https://www.accenture.com/_acnmedia/PDF-88/Accenture-Powered-Blockchain-PoV-v2.pdf#zoom=50