Manifest Space: Space Enterprise with Accenture's Paul Thomas & John Schmidt 7/20/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 20 July 2023
⏱️ 28 minutes
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| 0:00.0 | Accenture is a Fortune 500 services and consulting company. |
| 0:04.3 | It helps organizations improve operations and implement strategies to grow businesses |
| 0:08.9 | with a big focus on using tech to do so. |
| 0:12.1 | Accenture releases an annual technology vision and just recently announced a $3 billion investment in artificial intelligence over the next three years. |
| 0:20.0 | With a workforce of 732,000 operating across 120 countries, |
| 0:25.0 | the firm is on the front lines of new trends and is paid to identify |
| 0:30.0 | and implement the innovations that are changing industries, which is why Accenture's |
| 0:34.8 | take on space is significant. |
| 0:37.8 | And I'll just say within the next 10 years, we think every business is going to be a space business. |
| 0:42.6 | And what does that mean? |
| 0:43.8 | Well, in our definition, that means that every business is going to do some element |
| 0:48.0 | of either research, development, manufacturing, or providing service to their |
| 0:52.4 | customers using space based. |
| 0:55.0 | And we feel like that is something where Accenture could play a very unique role. |
| 0:59.0 | It's all about data, capturing it, secure transmission, computing and processing, and ultimately distribution. |
| 1:07.0 | Paul Thomas is the Managing Director leading space innovation and technology, and John |
| 1:11.1 | Schmidt is Senior Managing Director of Aerospace and Defense globally at Accenture. |
| 1:16.0 | On this episode, we talk the business cases for space, which range from monitoring methane |
| 1:21.0 | emissions for utilities to quantum computing from the cosmos. |
| 1:25.0 | I'm Morgan Brennan and this is manifest space. Paul and John John thank you so much for joining me today. It's great to have you on the |
| 1:37.0 | podcast. Thanks Morgan's good to be here with you. Pleasure to be him. |
| 1:40.8 | So the last time you and I sat down and spoke you told me a little bit about |
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