Accenture Becomes Founding Sponsor of Vector Institute for Artificial Intelligence in Toronto
March 30 2017 - 7:02AM
Business Wire
Institute Supported by Canadian, Ontario
governments, Industry, and University of Toronto
Accenture (NYSE:ACN) announced it is a founding sponsor of the
new Vector Institute for artificial intelligence (AI) in Canada.
The relationship is based on a shared mission to identify new
business models for artificial intelligence and to position Canada
as a global leader in the digital era.
The goal of the new Vector Institute – a non-profit enterprise
funded by industry and the federal and Ontario governments – is to
help build and maintain Canada’s position at the scientific
forefront of the global shift to artificial intelligence (AI).
Together with industry and educational organizations including the
University of Toronto, the Vector Institute will promote and
nurture Canadian talent and research excellence in deep learning
and machine learning, and actively seek ways to enable and sustain
AI-based economic growth in Canada.
The Vector Institute launch was led by Ontario Premier Kathleen
Wynne, federal Minister of Finance, Bill Morneau, Ed Clark, Chair
of the Vector Institute, and Chief Scientific Advisor Geoffrey
Hinton. An Accenture demonstration showcased the latest in AI
technology, featuring the IPsoft Amelia AI platform and virtual
assistant, as well as a DAQRI Smart Helmet and Microsoft
HoloLens.
“We are excited to work with the Vector Institute on this
unprecedented collaboration in Canada, to explore how business,
government, academia and innovators can continue to master AI –
which increasingly is becoming the predominant way to create new
business, economic and social value,” said Bill Morris, senior
managing director and Canada president of Accenture. “Accenture is
focused on helping our Canadian corporate and government clients
better understand how to apply AI to help reinvent business models,
unlock the trapped value of data, and improve the way we live and
work as a society.”
Nicola Morini, global managing director of artificial
intelligence at Accenture, said, “Accenture believes that
businesses require strong partnerships across industry,
governments, centers for higher learning, and research and
development organizations, to take advantage of a new era in which
artificial intelligence will open up new sources of valuable
growth. The Vector Institute in Toronto is well-positioned to be a
leader in AI and our new relationship reflects Accenture’s
commitment to help our clients transform their businesses and
improve the outcomes they achieve.”
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With approximately
401,000 people serving clients in more than 120 countries,
Accenture plans to hire 1,300 people in Canada this fiscal year.
Accenture drives innovation to improve the way the world works and
lives. Visit us at www.accenture.com.
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AccentureTheresa Ebden, + 1
416-358-6741theresa.ebden@accenture.com
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