Accenture (ACN) Earnings Call
March 22nd, 2018
Pierre Nanterme, Executive Officer
So I am going to give to you some flavor on the blockchain, on the artificial intelligence.
On the blockchain, we have more and more projects. And again, what we see is we’re starting to move from typically prototypes and proof of concept, the famous PoC, to project we’re starting to get some scale. We’re not yet there, but I think we’re starting to see what’s most important with blockchain. What are the relevant areas where blockchain could create value? And that’s what we are doing in our labs. This is what we’re doing with co-innovation with our partners.
And when you have a new technology, the big question is how you create business and value out of this new tech? This is what we’re doing currently with a consortium of banks in Singapore. This is what we’ve been doing – so it’s in the banking environment where we see a lot of application of blockchain. Capital Market as well. This is what we’re doing with the exchange in Australia. Very recently, we announced new opportunities in the shipping industry with a subsidiary of CMA CGM which is one of the largest shipping company in the world.
In the contract management, so we see the payment, we see the transaction exchange and we see a lot around document and contract management. But what we’re starting to explore is as well around tracking and full security, or security in tracking the supply chain. So payment, transaction exchange, contract management, tracking of the supply chain, these are kind of four applied opportunity on the blockchain.