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Accenture chief says most companies not ready for AI rollout

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Most companies are not ready to deploy generative artificial intelligence at scale because they lack strong data infrastructure or the controls needed to make sure the technology is used safely, according to the chief executive of the consultancy Accenture.

The most hyped technology of 2023 is in an experimental phase at most companies and macroeconomic uncertainty is holding back IT spending generally, Julie Sweet told the Financial Times in an interview ahead of the company publishing quarterly results on Tuesday.

Accenture reported another big jump in revenues from generative AI projects in the three months to November 30, with $450mn in bookings compared with $300mn over the previous six months. But they remain small relative to group sales of $64bn…

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