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Accenture to spend US$200 Mn on skill development

Accenture to spend US$200 million on education, training and skills initiatives over next three years to equip people around the world for work in the digital age

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In order to help equip people around the world with job skills for the digital age, Accenture will invest more than US$200 million over the next three years.
“As a technology leader, we have an obligation to apply new scalable technology solutions to help solve complex societal challenges,” said Pierre Nanterme, Accenture’s chairman and CEO. “Our investments will continue to empower Accenture to produce socially minded partnerships and programmes that will have a profound impact on the lives of millions of people throughout the world, now and for the future.”
Rekha M. Menon, Chairman and Sr. Managing Director, Accenture in India, said, “In India we are focused on providing skills to help disadvantaged people get jobs and start businesses, and under Skills to Succeed we’ve collaborated with strategic non-profit organisations and used digital technologies to deliver impact at scale. So far, we’ve enabled more than 380,000 people including women and people with disabilities, to earn livelihoods for themselves, and create employment for others.”
The company’s Skills to Succeed initiative advances employment and entrepreneurship opportunities, leveraging digital innovation to help close employment gaps at scale. Together with a network of non-profits and other ecosystem partners, Accenture has since 2010 equipped more than 2.2 million people with the skills to get a job or build a business, with a goal of equipping a total of more than 3 million people by 2020.

Examples of Accenture’s Skills to Succeed partnerships include, partnering with Enable India to develop a mobile social networking platform, Hamaari Vaani, that uses mobile network connectivity to reach persons with disabilities in remote rural areas to build a community to help find information on welfare schemes, education and employment and more importantly dignity.

Accenture’s Tech4Good projects use advanced technologies to help solve critical challenges facing business and society. For instance, the company collaborated with The Grameen Foundation India, using technologies from artificial intelligence (AI) to augmented reality, to help disadvantaged people improve their financial literacy to enhance their financial and social well-being. In collaboration with Club Egalité, Accenture Labs in Sophia Antipolis, France, is developing a virtual-reality game that helps teen students explore future-proof jobs and develop critical skills for the digital economy, with the goal of encouraging an interest in STEM careers.

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