Justin E. Lane’s Post

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;) 

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;) 

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;) 

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;) 

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;) 

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;) 

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;) 

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;) 

Accenture is making more GenAI money than OpenAI.  Let that sink in 🤯 With $3 Billion of bookings linked to GenAI projects in 2024 and $1B in August alone, Accenture generated more revenue from answering the question “What is my AI strategy?” than OpenAI which is aiming at $3B to $4B annual revenue (but with a $5B loss). Impressive, right? I’d love to say “Kudos, Accenture” for leading the way, but I can’t ignore what I heard from a client a few months ago. Accenture quoted €1M to develop an internal GPT with document drag-and-drop for fewer than 50 users. Yes, you read that right, 1M€. For a POC that’s far from technically groundbreaking. They even said that they couldn’t guarantee to provide them with all the features requested as it was a real technical challenge (it was not). -- ➡️ To all the CIOs out there: Let’s stop this madness. Start small, focus on a few key use cases, and work with a tech provider who can deliver a functional PoC in weeks. ➡️ To all the smaller consulting firms out there: if you want your piece of the cake, we’re very happy to partner with you. Bring us in as a vendor and build a change management project around it. ➡️ To Accenture: Let us know if you want a demo of VirtualBrain for your consultants, we know you’re not very well equipped internally ;)