KPMG and Microsoft join forces with a $2 billion investment to create innovative cloud and generative AI tools. This collaboration will revolutionize KPMG’s operations, streamlining access to regulations and proposal testing, while training its global workforce on AI utilization.
Why it matters: As KPMG and Microsoft join forces to co-develop cloud and AI tools, CIOs should recognize the potential for leveraging these advancements to enhance their organization’s operations, drive strategic decision-making, and unlock new revenue opportunities in the digital age.
- The partnership between KPMG and Microsoft signifies the increasing competition among consulting firms to demonstrate expertise in AI technologies as they play a pivotal role in shaping the future of business operations and strategic decision-making.
- With KPMG’s commitment to training its extensive global workforce on AI utilization, the collaboration with Microsoft aims to equip employees with the necessary skills and knowledge to leverage generative AI tools effectively.
- As AI investments continue to grow, the anticipated market expansion of generative AI enterprise applications presents a significant opportunity for organizations.
