August 18, 2017 by Canadian Underwriter
Global professional services company Accenture has opened a new “Liquid Studio” in Toronto to help clients “to turn ideas into innovative applications and solutions with speed and agility.”
The Liquid Studio uses rapid development approaches, including agile methodologies and DevOps (a software development and delivery process), and then applies disruptive technologies such as artificial intelligence, blockchain and serverless architectures, Accenture explained in a press release earlier this week.
“This allows clients to reduce development time from months to days and shorten the time to business impact,” the release said, adding that capabilities of the Liquid Studio will be supplemented by Accenture’s alliance ecosystem, startups and organizations like the Toronto-based Vector Institute, among others. On March 30 of this year, Accenture announced that it was the founding sponsor of the Vector Institute, a non-profit enterprise funded by industry and the federal and Ontario governments. The goal of the institute, Accenture said in a statement at the time, is to “help build and maintain Canada’s position at the scientific forefront of the global shift to artificial intelligence.” Institute partners include Google, Scotiabank, TD Bank, Uber, CIBC, Deloitte, Ernst & Young, KPMG, PwC and Intact Financial Corporation, among others.
“Continuous innovation is imperative to driving Canadian growth and competitiveness, and we will be working closely with our Canadian clients at the Liquid Studio to use new technologies and ways of working to solve their most significant business challenges,” said Steve Convey, managing director of Accenture Technology Canada, in the release from Tuesday.
Convey added that through immersive workshops, organizations will receive “tangible, hands-on experience of how their business can benefit from the most disruptive technologies, such as artificial intelligence and augmented reality. By leveraging agile teams, a start-up culture and multi-speed, microservice and cloud-based architectures, organizations will see more value quickly and easily.”
The Liquid Studio in Toronto and the Vector Institute partnership are a couple of Accenture’s new initiatives, which include expanded investments in training and hiring, aimed at driving innovation locally.
The Liquid Studio in Toronto will collaborate with Accenture Liquid Studios in Silicon Valley, Houston, Paris, Milan, London, Kronberg (Germany), Singapore, Sydney and other locations, and with Accenture Labs, where Accenture incubates and prototypes new concepts through applied research and development projects.