DUBLIN, 29 September 2022: EY has today launched AI Labs – a unique artificial intelligence (AI) centre of excellence – offering clients access to game changing capabilities in big data, AI, smart automation, VR/AR and advanced analytics. A collaboration with the ADAPT SFI Research Centre, will also see EY investing in PhD students and research fellowships to drive research capacity and innovation in the area of AI.
The suite of AI capabilities and services on offer will allow organisations across multiple industries and sectors to implement these advanced technologies to optimise new growth opportunities and to solve their most complex industry challenges. AI Labs will expand EY’s existing technology consulting business across AI, automation, machine learning, and big data over the next three years.
Speaking at an event to launch the AI Labs, Paul Pierotti, EY Ireland Partner, Data Analytics and Emerging Technology said: “AI and smart automation present endless opportunities for organisations to solve complex issues in their respective industries. By adopting these technologies and embedding them in their operational models, organisations will find themselves at the forefront of positive industry and societal change. By taking the necessary measures to adopt these technologies Irish organisations will be set on a new path of digital optimisation and success. AI Labs at EY epitomises the value we place on innovation as a firm as reflected in the ongoing expansion of our vibrant technology consulting business.”
AI Labs is delivered in collaboration with EY wavespace innovation centres, and will be supported with the advanced research, skills, and insights it needs to thrive, through a a four-year strategic collaboration with the ADAPT SFI Research Centre for AI-driven digital content technology. The collaboration will facilitate the application of advanced technology and research initiatives that address real-world industry challenges. These will consist of a portfolio of collaborative projects, initially co-funding two PhD students in 2022 but scaling to include research fellowships, targeted projects and other collaborations, including but not limited to health, transport, and utilities.
Declan McKibben, Executive Director of the ADAPT Centre added: “The ADAPT Centre brings together the best researchers in Human Centric AI across eight universities in Ireland to drive AI Adoption and Innovation here in Ireland and internationally. By building and valuing strong relationships with academic institutions, the innovation ecosystem, and businesses, we ensure that knowledge transfer can happen much more rapidly in line with the pace of innovation today. This partnership signals a new strategic approach to our engagement with EY which will nurture talent, drive innovation and turn good ideas into great solutions for tomorrow."
The ADAPT collaboration will allow EY the opportunity to invest in research initiatives that align with its digital strategy, through creating additional research capacity and driving innovation. Research will be focused on initial use cases in data governance, customer content & engagement, intelligent supply chain and manufacturing, and sustainability.