7/20/2024

Headline, July 20 2024/ ''' GULPINGS A.I.'S GUIDANCE '''


''' GULPINGS 

A.I.'S GUIDANCE '''



! FIRST AND FOREMOST ! THE WORLD STUDENTS SOCIETY is the exclusive and eternal ownership of every student of The Netherlands [ Holland ], just as it is the exclusive and eternal ownership of every student in the world.

THE WORLD is hopelessly mired in every conceivable atrocity, hopelessness and helplessness and political turmoil. The World Students Society could change that. '' Welcome All, to !WOW! .

CONSULTING FIRMS CASH IN ON DEMAND FOR A.I. GUIDANCE. Just about every business should seek advice on how to navigate the latest technology trend.

After the ChatGPT came out in 2022, the marketing team at Reckitt Benckiser, the consumer goods company, was convinced that new artificial intelligence technology could help its business. But the team was uncertain about how, so it went to Boston Consulting Group for help.

Reckitt's request was one of hundreds that Boston Consulting Group received last year. It now earns a fifth of its revenue - from zero just two years ago - through work related to artificial intelligence.

'' There is a genuine thirst to figure out what are the implications for their businesses,'' said Vladimir Lukic, Boston Consulting Group's managing director for technology.

The next big boom in tech is a long awaited gift for wonky consultants. For organizations such as Boston Consulting Group, McKinsey & Company, IBM and Accenture, sales are growing and hiring is on the rise because companies are in desperate need of technology Sherpas who can help them figure out what generative A.I. means and how it can help their businesses.

While the tech industry is casting about for ways to make money off generative A.I. the consultants have begun cashing in.

IBM, which has 160,000 consultants, has secured more than $1 billion in sales commitments related to generative A.I. for consulting work and its watsonx system, which can be used to build and maintain A.I. models.

Accenture, which provides consulting and technology services, booked $300 million in sales last year.

About 40% of Mckinsey's business this year will be generative A.I. related, and KPMG International, which has a global advisory division, went from making no money from generative A.I. related work a year ago to going after more than $650 million in business opportunities in the United States tied to the technology over the past six months.

The demand for tech-related advice recalls the industry's dot-com boom. Businesses stampeded consultants for request in the 1990s. From 1992 to 2000, sales for Sapient, a digital consulting firm, went from $950,000 to $503 million.

Subsequent technology shifts like the migration to mobile and cloud computing were less hurried, said Nigel Vaz, chief executive of the firm which is now known as Publicis Sapient.

'' In the mid-90s, C.E.O. would say, ' I don't know what a website is or what it could do for my business, but I need it,' '' Mr. Vaz said. '' This is similar. Companies are saying : '' Don't tell me what to build. Tell me what you can build.' ''

Consultant firms have been scrambling to show what they can do. In May, Boston Consulting Group hosted a day conference at Boston Convention Centre where it set up demonstration booths for OpenAI, Anthropic and other A.I. tech leaders. It also demonstrated some of its own A.I. work in robotics and programming.

Generative A.I. sales are helping the industry find growth after a postpandemic lull. The management consulting industry in the United States is expected to collect $392.2 billion in sales this year, up 2 percent from a year ago, according to IBISWorld, a research firm.

The Honour and Serving of the Latest Global Operational Research on Consultants all, A.I. and the Future continues. The World Students Society thanks Tripp Mickle.

With most loving and respectful dedication to the Global Founder Framers of !WOW!, Leaders, Grandparents, Parents, and then Students Professors and Teachers of the world.

See You all prepare for Great Global Elections on The World Students Society - the exclusive and eternal ownership of every student in the world, and for every single subject : wssciw.blogspot.com and Twitter X !E-WOW! - The Ecosystem 2011 :

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless

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