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Accenture joins Indo Count Industries on its digital transformation journey
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IT consultancy giant Accenture has partnered with Mumbai-headquartered textile manufacturer Indo Count Industries Limited to help in its digital transformation journey by standardising, optimising, and re-engineering business processes. The partnership will target functions like manufacturing, supply chain, logistics, and procurement.
Accenture will design, develop, and deploy SAP S/4HANA Cloud-based digital core. Further, by using data and analytics, the technology platform will help automate and digitise the company’s operations enabling improved inventory management, quality standardisation, optimal energy consumption and sustainable growth, leading to enhanced customer experience.
Dinesh Singh, a managing director who leads Accenture’s Chemicals and Natural Resources practices in India, said, “Faced with multiple challenges including labour intensive manual processes, volatility of raw material supply, and rising environmental concerns, textile companies will need to reinvent every part of their business using technology, data and artificial intelligence (AI) to optimise operations and accelerate innovation. A strong data-driven digital core will serve as the foundation for Indo Count’s reinvention, and we are pleased to be a part of this reinvention journey.”
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To be sure, in December 2023, Accenture introduced a set of new services to help companies customise foundational models and scale generative AI applications. The new services include a proprietary generative AI model “switchboard,” customisation techniques, model-managed services and specialised training programs.
Switchboard allows users to select a combination of models to address the business context or based on factors like cost and accuracy. Users will also be allowed to customise large language models (LLMs) for specific business contexts, data sources, and techniques, along with managed services for ongoing fine-tuning and prompt engineering.