Accenture and Planet to Collaborate on AI-Powered Geospatial Intelligence Instruments for Sustainability, Traceable Provide Chain and Local weather Danger Options
Accenture and Planet to Collaborate on AI-Powered Geospatial Intelligence Instruments for Sustainability, Traceable Provide Chain and Local weather Danger Options
NEW YORK and SAN FRANCISCO; Dec. 6, 2022 – Accenture (NYSE: ACN), by way of its Accenture Ventures Challenge Highlight initiative, has entered right into a collaboration settlement with Planet Labs PBC (NYSE: PL), a number one supplier of every day knowledge and insights about Earth, to assist energy decision-making at organizations throughout myriad industries together with agriculture, shopper packaged items, vitality, forestry and authorities.
By combining Planet’s excessive frequency satellite tv for pc imagery knowledge with Accenture’s broad array of sustainability companies and deep trade and expertise experience, the 2 corporations will collaborate on an array of sustainability and influence initiatives, together with measurement, traceable provide chain technique and data-based local weather threat assessments to mitigate disruption throughout world worth chains.
The collaboration with Planet is aligned with Accenture Ventures’ Challenge Highlight, an engagement and early funding program that connects rising expertise startups with the International 2000 to fill strategic innovation gaps.
“With its huge community of satellites, Planet gives one of many richest sources of every day, well timed knowledge about what is going on to our Earth — wealthy knowledge that may yield extremely precious insights to assist drive sustainability developments and profit trade and society as a complete,” stated Tom Lounibos, managing director, Accenture Ventures. “With our organizations’ shared visions and values round sustainability as a key underpinning, we consider our collaboration with Planet will yield numerous alternatives to mix our strengths and innovate on behalf of recent and present shared purchasers.”
Planet operates the world’s largest industrial fleet of roughly 200 earth imaging satellites that seize nearly all of Earth’s landmass day by day. Planet’s knowledge is remodeling the best way corporations and governments use satellite tv for pc imagery knowledge, delivering insights on the every day tempo of change on earth.
Well timed knowledge derived from high-frequency satellite tv for pc imagery can play a strong position in driving quite a few varieties of sustainability efforts starting from vitality transformation and sustainable agriculture to sustainable commodity sourcing and end-to-end provide chain monitoring. The imagery also can yield precious knowledge to assist monetary companies organizations determine market traits and dangers tied to local weather change, vitality assets and commodity availability, whereas additionally serving to public sector protection and intelligence organizations make extra knowledgeable selections pertaining to vitality safety, meals safety and different mission-critical or tactical choice making.
For instance, Accenture’s International H&PS AI/ESG groups and Accenture Federal Companies’ Utilized Intelligence Discovery Lab partnered with Planet utilizing AIP+ (a managed service, multi-cloud atmosphere for superior AI and machine studying instruments and purposes, as nicely we knowledge change for sustainability) to create a proof-of-concept for the Inter-American Growth Financial institution. Utilizing AI/machine studying fashions and Planet knowledge, Accenture was capable of create a geospatial answer that fashions the influence of local weather change on vitality capability in Central America and the Caribbean. This was offered on the IDB Make investments Sustainability Week convention in Miami in June 2022.
“Broadening the adoption of sensible AI purposes as an enabler of ESG threat and influence administration is vital for IDB Make investments,” stated Leonardo Mazzei, Sustainability Sector lead at IDB Make investments. “The proof-of-concept developed in partnership with Accenture is an instance of find out how to leverage novel AI capabilities to speed up sustainability-linked options, placing data-driven decision-making on the core of how companies function.”
“Accenture has demonstrated a deep dedication to sustainability and to serving to its purchasers around the globe make the most of progressive applied sciences and new sources of knowledge to assist drive their sustainability efforts ahead, so we view this as a really strategic collaboration,” stated Kevin Weil, president, Product and Enterprise at Planet. “Along with alternatives to collaborate with many shared purchasers, we consider our participation in Accenture Ventures’ Challenge Highlight program will assist illustrate the advantages our knowledge can ship to organizations throughout completely different trade sectors.”
The Accenture and Planet collaboration builds on Accenture’s broader sustainability initiatives with quite a lot of purchasers, strategic alliance companions, and different worldwide organizations, which incorporates very early-stage investments in key applied sciences and companies that create worth not only for purchasers but in addition its broader ecosystem companions, as sustainability continues to solidify as a prime concern for all stakeholders.
“Working with Planet underscores Accenture’s dedication to house innovation and exploration as a large enterprise alternative for our purchasers,” added Paul Thomas, house innovation lead, Know-how Innovation at Accenture. “From accelerating orbital science to facilitating safe commerce programs in house, we see large advantages in house innovation for enterprise, society, and the planet. In an unsure world, expertise development is the one certainty you possibly can rely on – as we speak and sooner or later.”
About Accenture
Accenture is a worldwide skilled companies firm with main capabilities in digital, cloud and safety. Combining unmatched expertise and specialised expertise throughout greater than 40 industries, we provide Technique and Consulting, Know-how and Operations companies and Accenture Tune — all powered by the world’s largest community of Superior Know-how and Clever Operations facilities. Our 721,000 folks ship on the promise of expertise and human ingenuity day by day, serving purchasers in additional than 120 international locations. We embrace the ability of change to create worth and shared success for our purchasers, folks, shareholders, companions and communities. Go to us at accenture.com.
About Planet
Planet Labs PBC (NYSE: PL) is a number one supplier of world, every day satellite tv for pc imagery and geospatial options. Planet is pushed by a mission to picture the world day by day, and make change seen, accessible and actionable. Based in 2010 by three NASA scientists, Planet designs, builds, and operates the biggest Earth remark fleet of imaging satellites, capturing over 30 TB of knowledge per day. Planet supplies mission-critical knowledge, superior insights, and software program options to over 800 clients, comprising the world’s main agriculture, forestry, intelligence, schooling and finance corporations and authorities companies, enabling customers to easily and successfully derive distinctive worth from satellite tv for pc imagery. Planet is a public profit company buying and selling on the New York Inventory Alternate as PL. To study extra go to www.planet.com and comply with us on Twitter.
Accenture Ahead-Trying Statements
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Planet Labs PBC Ahead-Trying Statements
Aside from the historic info contained herein, the issues set forth on this press launch are forward-looking statements inside the that means of the “protected harbor” provisions of the Non-public Securities Litigation Reform Act of 1995, together with, however not restricted to, Planet Labs PBC’s capacity to seize market alternative and understand any of the potential advantages from present or future product enhancements, new merchandise, or strategic partnerships and buyer collaborations. Ahead-looking statements are primarily based on Planet Labs PBC’s administration’s beliefs, in addition to assumptions made by, and knowledge presently obtainable to them. As a result of such statements are primarily based on expectations as to future occasions and outcomes and usually are not statements of truth, precise outcomes could differ materially from these projected. Elements which can trigger precise outcomes to vary materially from present expectations embody, however usually are not restricted to the chance elements and different disclosures about Planet Labs PBC and its enterprise included in Planet Labs PBC’s periodic experiences, proxy statements, and different disclosure supplies filed occasionally with the Securities and Alternate Fee (SEC) which can be found on-line at www.sec.gov, and on Planet Labs PBC’s web site at www.planet.com. All forward-looking statements replicate Planet Labs PBC’s beliefs and assumptions solely as of the date such statements are made. Planet Labs PBC undertakes no obligation to replace forward-looking statements to replicate future occasions or circumstances.
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Contacts:
Christian Harper
Accenture
+1 917 452 4417
christian.harper@accenture.com
Megan Zaroda
Planet
+1 610 508 2202
megan.zaroda@planet.com
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