Accenture CEO at Davos: National AI Strategies Require Data Center Infrastructure as Top Priority

Stock News01-22

Accenture PLC (ACN.US) CEO Julie Sweet recently emphasized that data centers must be a core component as governments worldwide race to develop their artificial intelligence (AI) capabilities. Speaking in an interview during the World Economic Forum in Davos, Sweet stated, "It's essential to think long-term. A current misconception is viewing data centers merely as short-term facilities; in reality, this is a matter of national strategy. We are assisting multiple countries with this effort, and when formulating sovereign AI strategies, building a corresponding data center support system is imperative." Earlier this month, Accenture finalized a deal to acquire UK-based AI startup Faculty. This firm has close ties to the UK government, and the acquisition is a significant step in Accenture's broader initiative to reinvent itself and become a leader in the AI domain. To achieve this transformation, Accenture is concurrently advancing two key initiatives: providing AI technology training for its internal employees while phasing out staff who cannot adapt to the technological shift. Sweet commented, "Since 2019, we have been providing technical training for all our employees, from strategic planners down to mailroom staff, without exception. Today, technological proficiency is a fundamental competency. After a company invests in upskilling its workforce, employees' anxiety about career development is significantly alleviated because they know the company is helping them acquire the skills needed for the jobs of the future." She added, "Companies have the autonomy to design their talent strategies. We believe businesses can create new entry-level role structures, but this requires supporting training systems and collaboration with various primary schools, secondary schools, and universities. AI development is still in its early stages, giving us ample space to formulate these plans effectively." Previously, NVIDIA (NVDA.US) CEO Jensen Huang also remarked at the Davos forum that as the global data center construction boom accelerates, roles such as plumbers, electricians, and construction workers could command six-figure salaries. This trend underscores that within the industrial transformation driven by AI, everyone can find opportunities to achieve a prosperous living. Sweet pointed out that a common mistake CEOs make when deploying AI is treating AI itself as the end goal, rather than as a tool to serve the company's broader development objectives. She stressed, "AI is a powerful tool. The real problem arises when a company pursues AI without first defining its commercial strategy and business goals."

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