AI platform will 'replace one in four management consultants
A new artificial intelligence (AI) business platform which could eradicate one in four management consultants has been launched.
London-based test and intelligence agency Piccadilly Group claims that NEURO can provide better project insights in real-time than a typical team of highly paid consultants – and in a fraction of the time.
Using its machine learning capability, the platform can also accurately predict problems before they even occur and provide real-time managerial analysis, like status updates and defect reporting.
According to the company, Neuro will widen the impact of AI on the labour market from manufacturing and process driven manual labour roles, to those in management, and save businesses $122bn globally.
"Our AI will do for management what Sat Nav did for navigation," said Piccadilly Group co-founder and managing director Dan Hooper.
"Business leaders are on the cusp of a major disruption in their sources of advice and information moving the role of middle management from analysis to judgement."
Piccadilly Group works the likes of Allianz, Barclays, Bank of Ireland and RBS. However, the company was not able to reveal which of its clients are using Neuro.