Creating enduring value with AI
 

The disruptive potential of Generative AI (GenAI) has captured the attention and imagination of the world over the past 18 months, driving the transformation of industries. The surge in the development and adoption of GenAI tools and applications through powerful use cases has been seen across business, government, and society. Deloitte is committed to helping clients harness the potential of GenAI as a growth and innovation catalyst to create enduring enterprise value, while at the same time managing risk through Deloitte’s Trustworthy AI™ framework. We are evolving our own workforce by equipping our people with the necessary AI tools, resources, and mindsets to prepare for future challenges.

We help clients incorporate AI readiness into their strategy and operations, to scale their GenAI solutions, and enhance workforce-wide GenAI capabilities to create competitive advantage and broader AI acceleration in the market. In 2024, Deloitte expanded its global GenAI incubator network to include eight regional hubs, enabling clients to innovate with GenAI proofs of concept, to ultimately develop, deploy, and scale solutions.

Innovating in space
 

Deloitte also invests in a range of next-generation technologies and domains that will have a significant and transformational impact on Deloitte clients, people, and society. One example is space – both the exploration of space, and the use of space-based data and technologies for on-Earth activities. Deloitte is a professional services leader in space, supporting our clients as they build their presence in space, a domain that is experiencing rapid innovation and evolution.

In 2019 Deloitte launched the GRAVITY Challenge, a collaborative innovation program connecting public and private sector challenges with space-enabled technology and capability. The GRAVITY Challenge conducted its 6th challenge in 2024, with solutions providing real-time insights for access to over thousands of kilometers of remote power lines, road and rail networks and for measuring carbon impact, boosting land productivity and grazing management for agriculture clients.

Since its launch, GRAVITY has:

• Addressed 50+ social, environment and industry challenges from government and private organisations globally  
• Attracted 1,000+ innovators forming 400+ teams from 17 countries to work on solving these challenges  
• Delivered 170+ learning webinars educating on the value and capability of space, the detail of each challenge, space data and technology uses, and business skills including pitching and proposal writing.

GRAVITY Challenge provides a unique opportunity for participants and innovators to collaborate and engage with public and private sector businesses, customers and data sets while receiving mentorship from Deloitte leaders and global space community. GRAVITY’s global community 1,500+ GRAVITY challengers, sponsors, supporters, innovators, and stakeholders has facilitated the sharing and growth of space knowledge, and to promote space capability and use cases.

In collaboration with the World Economic Forum (WEF), Deloitte recently conducted a first-of-its-kind global analysis on the economic, climate, and nature value of Earth observation data, integrating perspectives from a group of 40 industry, technology, and climate leaders to define the economic and climate value proposition of Earth observation data. The analysis forecasts that the Earth observation market will grow to more than US$700 billion by 2030, involving various non-space sectors. Furthermore, the report highlights specific interventions that have the potential to reduce greenhouse gas (GHG) emissions by over 2 gigatons annually, equivalent to the combined emissions of 476 million gasoline-powered cars and the novel adoption for AI use cases with space data.

We are working with clients in both the Space sector and other sectors to utilize the technology and data assets from space, for instance:

• Deloitte launched the Geospatial and AI Platform for Scenario Planning and Monitoring powered by Google Cloud to help clients make more sustainable decisions and take action to mitigate the impacts of climate change, such as community readiness for rising sea levels. As part of its new platform, Deloitte will leverage Google Earth integrations, Google Earth Engine, and Vertex AI to improve operational resilience and help organizations proactively anticipate and plan for a myriad of challenges, such as urban planning, disaster response, and infrastructure development.
• In collaboration with local coastal counties in the United States, Deloitte US has leveraged Earth observation and geospatial data combined with advanced analytical modelling to develop a digital twin to test and monitor the impacts of climate-related risks such as sea level rise, chronic flooding, and extreme heat on communities, the economy, and critical infrastructure.
• Working with several US-based electric utilities, Deloitte has implemented advanced AI models across a diverse range of mission-critical operations. From leveraging LiDAR to detect and predict vegetation encroachment near power lines to maintain clearance and prevent ignition or storm outage, to combining Edge AI, computer vision, and GenAI to automate asset inspections, to utilizing satellite images to assess storm damage and inform resource deployment for faster restoration, Deloitte has enabled significant enterprise benefits resulting in higher safety, OpEx efficiency, deferred CapEx, and additional revenue.

Using GenAI and other next-gen technologies to innovate with our clients and for ourselves

Recent innovation awards