Tuesday, October 1, 2024

Accenture Targets Want for Reskilling and Upskilling Workforce With Launch of Accenture LearnVantage

As new applied sciences emerge onto the fintech scene, some organisations are discovering it tough to maintain their workers updated on the most recent methods to work together with stated tech. To take away this ache level, Accenture, the data tech and consulting agency, has launched Accenture LearnAdvantage. 

Accenture LearnAdvantage supplies Accenture purchasers with complete know-how studying and coaching companies. In flip, this can assist them reskill and upskill their folks in know-how, knowledge and AI to reinvent their organisations and obtain better enterprise worth.

The brand new service is designed to assist leaders throughout industries and governments shortly determine gaps in related expertise being created by advances in applied sciences. Following this, it then supplies industry-specific coaching wanted to fill these gaps at velocity and scale.

This consists of delivering extremely personalised studying experiences for a variety of technical and enterprise customers, from specialised AI and knowledge science, cloud and cyber safety coaching for IT professionals to Gen AI coaching for board and c-suite members and enterprise leaders.

The corporate will make investments $1billion in Accenture LearnVantage over three years and has agreed to accumulate Udacity to construct on and scale for purchasers Accenture’s deep expertise in studying and coaching and meet rising demand for know-how expertise, together with generative AI.

Concentrating on painpoints

In line with Accenture analysis, enterprise leaders say their primary problem is their lack of ability to upskill their workforces, with 51 per cent of organisations beginning to see damaging impacts from worsening IT expertise shortages. As well as, 94 per cent of employees say they wish to be taught new expertise to work with generative AI, however solely 5 per cent of organisations present gen AI coaching at scale.

“We’re keen about serving to our purchasers turn into ‘expertise creators’—with folks on the centre of their reinvention utilizing know-how, knowledge and AI—and a vital a part of that’s investing in industry-specific coaching and know-how expertise improvement,” stated Julie Candy, chair and CEO, Accenture.

“We’re scaling Accenture’s deep capabilities as a world-class studying group to assist our purchasers meet their enterprise progress aims and allow their folks to develop the related expertise they should profit from the alternatives that technological change is bringing.”

Merck case research

Accenture has helped many enterprises upskill their workforces for enterprise reinvention, together with biopharmaceutical firm Merck, referred to as MSD exterior of the USA and Canada.

Dave Williams, executive vice president, chief information and digital officer, MerckDave Williams, executive vice president, chief information and digital officer, Merck
Dave Williams, government vice chairman, chief info and digital officer, Merck

“Digital, knowledge, analytics and AI are touching each a part of what we do as an organization as know-how performs a pivotal position in discovering, creating, manufacturing, and offering entry for sufferers to medicines and vaccines,” stated Dave Williams, government vice chairman, chief info and digital officer, Merck.

“To proceed delivering on our promise to make use of the ability of modern science to save lots of and enhance lives world wide, we’re creating and investing in our folks. We have now launched a groundbreaking generative AI coaching program for our workers in partnership with Accenture to create world-class digital leaders.”

Accenture invests greater than $1billion per 12 months in a variety of studying and coaching for its greater than 700,000 folks, delivering roughly 40 million coaching hours yearly. For instance, coaching helps Accenture obtain its targets to double its deeply expert knowledge and AI apply professionals to 80,000, and the corporate is rolling out coaching for 250,000 know-how professionals by the tip of fiscal 2024. Accenture has already educated greater than 600,000 of its folks within the fundamentals of AI.

Tailoring studying and training

Accenture has invested to create an AI-native studying platform that seamlessly integrates with an organisation’s present studying platforms. With the assistance of an AI suggestion engine, the platform curates the most effective studying content material from Accenture and third-party suppliers to supply a personalised studying journey that aligns with precedence areas of studying.

Accenture LearnVantage will supply tailor-made know-how studying applications; specialised, predesigned know-how academies; ecosystem studying certification companies; and managed companies for a consumer’s personal studying capabilities. LearnVantage additionally will supply nanodegrees, licensed on-line applications designed to supply customers with hands-on expertise and industry-relevant expertise in specialised fields.

The acquisition of Udacity will deliver to Accenture the corporate’s capabilities in integrating proprietary content material, skilled companies and scalable studying know-how. This additionally aligns with Accenture’s long-standing method to studying via formal coaching, studying by doing and training by specialists.

Udacity supplies localised course choices in a number of languages, together with English, Arabic, Korean and Spanish. Udacity’s greater than 230 professionals will be part of the Accenture LearnVantage enterprise. Accenture LearnVantage’s full set of companies might be obtainable later this 12 months following the closing of the acquisition.

Working with companions throughout the ecosystem
Kishore Durg, global lead of Accenture LearnVantageKishore Durg, global lead of Accenture LearnVantage
Kishore Durg, international lead of Accenture LearnVantage

Accenture LearnVantage will work with know-how ecosystem companions, together with Amazon Internet Companies, Google Cloud and Microsoft, to supply generative AI content material, industry-relevant know-how coaching and cloud certifications for his or her joint purchasers. It should additionally work with further world-class studying companions, resembling Pluralsight, Coursera, Workera and Skillsoft.

“The fast rise of generative AI has grown our purchasers’ want for coaching and upskilling their folks in cloud, knowledge and AI as they construct their digital core, which is crucial for reinvention,” stated Kishore Durg, international lead of Accenture LearnVantage. “Accenture LearnVantage will assist our purchasers not solely advance their enterprise targets but additionally assist their folks construct the talents they’ll want for the subsequent waves of know-how change.”

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