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TRANS

FORMING
INTO AN AI
BUSINESS
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TRANSFORMING YOUR BUSINESS AND
INTRODUCING AI AT SCALE REQUIRES
MULTIDIMENSIONAL STRATEGIC THINKING
TO EFFICIENTLY REALIZE RELEVANT USE CASES, LEVERAGE ACCENTURE’S AI
STRATEGIC APPROACH
Corporate Strategy – Deployment, Agile
Capabilities & Culture Roadmap & Prototyping
Vision & Planning Execution and Operation
WHY? WHY NOW? HOW? PROTOTYPE & VALIDATE SCALE AND REALIZE VALUE
• Strategic goals • Org structure & governance • Define and prioritize AI prototypes according • Build up team
• C-Suite alignment • Establish AI Steering Board to selected use cases • Deploy AI use cases in sprints
• 4-5 Corporate areas to focus on • Define and introduce Metrics and incentives • Calculate high level investments • Scale within organization
WHERE TO PLAY? • Reflect on talent, workforce and culture • Train, measure, learn and reiterate / pivot • Train AI and realize value
• Explore industry value shifts • IT platform architecture (open vs. closed) ROADMAP OPERATE
• Evaluate competitiveness of current SET-UP & RUN • Outline AI use cases roadmap (target state • Execute new Operating Model
organization, products and business model • Set-up new organization implementation) • Continuously enhance RPA and train Artificial
• Explore whether you can use platforms • Implement new operating model • Align and sign off Intelligence
• Agree overall build/buy/partner approach • Recruit and retain talent • Identify areas for continuous improvement
WHAT? • Train personnel
• Focus on existing product portfolio and • Set-up necessary partnerships
processes or new value propositions
• Identification of relevant use cases and
strategic prioritization
WHEN? HOW MUCH?
• Roadmap
• High-level business and tech case

Strategy: What to do Delivery & Operations: Realizing Value


Strategic C-Suite Decisions Develop AI Vision Prepare Organization Time for Action Deliver Impact

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TO IDENTIFY RELEVANT USE CASES ONE HAS TO
UNDERSTAND THE COMPANY’S STRATEGIC GOALS

REALIZING STRATEGIC GOALS WITH A HOLISTIC APPROACH


PLOT USE CASES WITHIN AI BUSINESS FRAMEWORK PRIORITIZE ACCORDING TO ACCENTURE USE CASE
FRAMEWORK
Assumed strategic goals: • Derive ease of enablement for each use case based on capability assessment
Revenue Growth and Operational Efficiency Illustrative • Assess value for each use case
• Assess dependencies and prioritize use cases
Digital Customer Digital
Business High 10 Use Case 2
Use Case 1
Digitalize Value Use Case 17
Internet of 9
Customer Use Case 3
Grow Existing Everything Use Case 16
Experience Business Use Case 4
8
Use Case 14
7 Use Case5 Use Case 13
Use Case 6
Monetize 6 Use Case 7 Use Case 10
Revenue Data
Internet of Value
Growth Things and Services 5 Use Case 9
Use Case 15
Digital 4
Improve Enterprise
Use Case 11
Efficiency 3
Use Case 12
2
Low
Digitalize Operations Value 1
1 2 3 4 5 6 7 8 9 10
Operational Efficiency Complex Ease of Enablement Easy

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APPLY AI TO YOUR INTELLIGENT BUSINESS
ELEMENTS AND ESTABLISH DIGITAL TRUST TO
ROTATE INTO THE NEW
REALIZING STRATEGIC GOALS WITH A HOLISTIC APPROACH
STRATEGIC GOALS & PRINCIPLES
(Profitable Growth, Operational Efficiency & defined guidelines for deploying AI within an org.)

Responsible
AI Drivers

Governance, REGULATION & RESPONSIBLE AI & HUMAN ETHICAL


Stewardship, reskilling
accountability COMPLIANCE AT THE CENTRE DESIGN

Building trust within the organisation through


Honesty, transparency, Building auditable & regulatory compliant AI Implementing AI solutions that are ethical
the way AI is used (e.g. compliance, Security
fairness solutions & Identifying illicit behaviour and build transparency into the process
unbiased data, transparency)
Establish
Digital Trust
INTELLIGENT INTELLIGENT INTELLIGENT INTELLIGENT
TECHNOLOGY PRODUCTS PROCESSES DATA
Rotate into the
NEW
REIMAGINE BUSINESS MODELS UNLOCK THE TRAPPED VALUE OF TRANSFORM THE RELATIONSHIP
AI technologies will reinvent end-to-end DATA BETWEEN HUMAN AND MACHINE
processes, removing not only time and Advanced and integrated analytics will AI will improve how we live and work as
distance factors but also human limitations. continually run on an organization’s large individuals and a society. People will be
data sets. They will update algorithms with able to spend more time on creative work.
transactional data to evolve faster, and
combine data in fresh ways to discover
trends and deliver new insights.

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WE RECOMMEND AN ITERATIVE APPROACH TO
DESIGN & IMPLEMENT TAILORED AI SOLUTIONS

THE TYPICAL DEPLOYMENT JOURNEY GOES THROUGH SIX STAGES


RE – IMAGINE* PROOF OF CONCEPT** PILOT SCALE EXPAND AND MANAGE
ITERATIVE LOOP BY
SELECTED USE CASE 6
5
AI CAPABILITIES

4
3
2
1
2 to 4 weeks 2 to 6 weeks 2 to 4 weeks
TIME
DISCOVER DESIGN & PLAN PROOF OF CONCEPT PILOT SCALE EXPAND & MANAGE
• Understand clients’ strategic • Describe service Controlled learning of AI technology • Continued learning of End to end Expand platform to additional
goals vision and principles with a focus on selected use case the AI based use case implementation of AI business units and deploy
• Accenture insight into what for uses cases • Complete high level based solution with ongoing improvements
works and what not • Develop value assessment and systems and available for
• Initial results market scan: what drivers for use cases roadmap to transition all channels and
are others doing? • Create prototype customers
• How can we understand the • Plan and get ready
market need, solving the for PoC
challenge from the customer
point of view?
*RE-IMAGINE PHASE – define future customer journeys and processes that will input into the PoC
**PROOF OF CONCEPT PHASE – develop PoC iteratively to align to future processes out of the Re-imagine phase
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SILKE GENUIT
AI Insurance Focus Group Lead
Accenture AG

YOUR
Fraumünsterstrasse 16
CH - 8001 Zürich

+41 79 540 57 81

CONTACTS
silke.genuit@accenture.com

BRUNO MANN
BI Analytics Insurance Focus Group Lead
Accenture AG
Fraumünsterstrasse 16
CH-8001 Zürich

+41 79 540 58 65
bruno.mann@accenture.com

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APPENDIX

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ACCENTURE POINT OF VIEWS ON AI

Technology Vision 2018: Citizen AI How artificial intelligence and Reimagening work in the age Transforming into an AI Unleashing AI Power
robotics will amplify of AI, Paul Daugherty, Business
people, products and 03.2018
business

The 5 Most Common Insurer Mistakes in Digital Opportunities that Insurers must get How to build and exploit enterprise-grade
Adopting an AI Technology Strategy – Part 1 & right machine learning capabilities
Part 2
Redefine Insurance with AI

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ORGANIZATIONS, PRODUCTS AND SERVICES ARE
INCREASINGLY MORE INTELLIGENT

AI TECHNOLOGY FRAMEWORK Digital Factory ACCENTURE CREDENTIALS


Level of Autonomous Factory
(NON-EXHAUSTIVE)
Automation
Function 1 Optimize customer acquisition and profits
Automation Machine
Learning Automated question answering for customers via
2
webchat
10
Assess car damage based on photographs sent by
8 3
Process IPA claimants
Deep Cognitive
Learning 2 Computing Extracting sentiment and opinions from unstructured
4
customer survey data
3 NLP/
Analyze summaries of call center conversations to
6 Machine 1
Multimedia 5
Task RPA
Learning 4 Recognition Cognitive derive enriched customer insights
Rule
7 Intelligence Automate financial security validation using Accenture
based
5 6
9 Text Cognitive Robotics solution
Highly Recognition
Front office automation for customer service using
manual 7
Virtual Agents
High
volume Predict patient readmissions and analyze medical
DESCRIPTIVE PREDICTIVE COGNITIVE 8
ANALYTICS ANALYTICS ANALYTICS reports using advanced machine learning techniques
Decision
Transaction
Abstract Complexity 9 Automation of invoicing, sales reporting, etc.
Non-linear
Complex/Linear
Enormous Prediction of prices, risks 10 Next best action combined with machine learning.
amount of data and human behaviour

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AI TECHNOLOGIES Descriptive Analytics

EXPLAINED
RPA – Robotic Process Automation
Data analysis to define the current state of a
Use software to automate manual processes,
business situation relying on historical data in
that are highly repetitive, rule-based and use
the form of producing standard reports, ad
structured data
hoc reports, and alerts.

IPA – Intelligent Process Automation Predictive Analytics


Advanced application spectrum of RPA; Advanced application spectrum of descriptive
cognitive automation of human interaction by analytics which is concerned with forecasting
a software robot future possibilities

Cognitive Analytics
Cognitive Computing
Advanced application spectrum of predictive
A range of AI technologies enabling existing
analytics which can uncover difficult-to-find
information systems to adapt and thereby
patterns and provide confidence-weighted
improve the interaction between humans and
responses to complex inquiries using
computer systems
cognitive elements of computer systems

Machine Learning
Virtual Agents
Lets computers learn from given data. That
Cognitive systems that communicate in
allows to tackle problems that are difficult to
natural language with humans, enabling them
handle with conventional approaches due to
to answer questions and perform business
the amount of data and ambiguity of
processes
information.

Deep Learning
Computers draw insights from large datasets NLP – Natural Language Processing
using methods similar to human brains. Analysis, understanding and generation of
Applications include image analysis, speech human language by computers (in both
recognition, policy learning, and multimodal written and spoken contexts).
data analysis.

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