Key Takeaway
Matt has been appointed to oversee Accenture’s services across the UK, Ireland, and Africa, joining the Global Management Committee. This role is significant as the UK is the third-largest AI market, projected to be worth £72.3bn (US$92bn) in 2024. Accenture is rapidly expanding its AI workforce, increasing from 40,000 in 2023 to 77,000 by 2025. CEO Julie Sweet emphasized the importance of advanced AI for future growth, with the firm anticipating over US$1bn in savings from a business optimization program, which will be reinvested in the company and staff upskilling.
The appointment positions Matt to oversee all of Accenture’s services across the UK, Ireland, and Africa, including strategy, consulting, technology, and operations, while also joining Accenture’s Global Management Committee.
This role is filled with potential. The UK is the third largest AI market globally, valued at £72.3bn (US$92bn) in 2024, according to government figures, with London ranked as the third largest city in the world for launching AI companies.
Accenture Revenue Growth Fueled by AI Services
Accenture has increased its AI workforce from 40,000 professionals in 2023 to 77,000 by 2025. In September, CEO Julie Sweet informed analysts that advanced AI is essential for the future, and that every CEO, board, and C-suite acknowledges this. The firm anticipates saving over US$1bn from a business optimization program, which it plans to reinvest in the business and in upskilling its staff.
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