In these slides from IRIS World 2018, Steve Cox, Chief Evangelist at IRIS Accountancy, expands on the IRIS product strategy and describes how the technologies of tomorrow are being embraced in the IRIS accountancy eco-system.

2. Embracing future technologies

3. Regulatory
change
Technology
evolution
CHALLENGES
TODAY
Talent
gap
Service
delivery

4. Practice as a Business
Compliance & Client-centric
High-street to Digital Highway

6. Bookkeeping
Service /
Training,
Advisory Service
2019
MTDfB
Brexit
Generational
Change
2020
MTDfI
Growth Service,
Funding Service
Client Self-
Service
2021
Niche Markets
Tax All In One
Place
Uber for
Accountants
eInvoicing
International Competition
Compliance Self-Service
2023
GDPR
Fixed Fee,
Value Pricing
Practice
Mergers
20222018
Political
Economical
Social
Mobile First,
Machine Learning
Internet of Things,
Artificial Intelligence
Crypto-Currencies,
Artificial Intelligence
BlockchainUbiquitous Access,
Heterogeneous Stack
Technological

7. BIG DATA MACHINE LEARNING FULL AI

8. HUMANITY

10. HUMANITY STUPIDITY

11. …artificial intelligence is strong enough to be a concern.
I agree with Elon Musk and some others on this and
don’t understand why some people are not as concerned
Bill Gates, founder of Microsoft
“
”
Two years from now (2004),
spam will be solved.
Bill Gates
“
”
…the chance that we are not living in a
computer simulation is one in billions.
Elon Musk
“
”

12. HUMANITY STUPIDITY BIAS

14. Risks / Ethics of AI
HUMANITY STUPIDITY BIAS SECURITY

16. ‘Virtual’ worker bot
• All 1st line customer interactions carried out by ‘bots’
• Email
• Chat
• Messaging
• Phone

17. AI back-office
• All manual processes on older systems carried out through ‘Virtual Staff’
• 24/7 ‘virtual AI staff working hours
• AI processing all compliance so staff only have to review when required

18. Collaborating through VR / AR / MR
• Providing virtual screens so no monitors, unlimited workspace
• Virtual meeting spaces between clients and staff
• 5G enables connection anywhere

19. Actions & reporting via voice
• Realtime Q&A about practice via voice
• Permissions via voice recognition
• Automatic follow on queries

20. Regulatory
change
Technology
evolution
SOLVING
CHALLENGES
TODAY
Talent
gap
Service
delivery

21. +

23. +

24. Regulatory
change
Technology
evolution
SOLVING
CHALLENGES
TODAY
Talent
gap
Service
delivery

26. +

28. +

29. Regulatory
change
Technology
evolution
AI WILL
HELP TO
OVERCOME
THESE
CHALLENGES Talent
gap
Service
delivery

30. BRIDGE TO HMRC
COME SEE ARTIFICIAL INTELLIGENCE IN ACTION

31. Thriving in the Digital Economy
IRIS product strategy & how IRIS will help your practice thrive
Embracing future technologies
The future of tax & technology
Thriving in the Digital Economy – What’s new in IRIS
AFTERNOON TEA & EXHIBITION
COMING UP AFTER LUNCH

32. Thriving in the Digital Economy
IRIS product strategy & how IRIS will help your practice thrive
Embracing future technologies
The future of tax & technology
Thriving in the Digital Economy – What’s new in IRIS
Countdown to MTD-day
Industry Panel – Thoughts on the future of the digital economy
COMING UP THIS AFTERNOON

33. IRISZone
PartnerZone
EXPO ZONE