Microsoft and KPMG have entered a landmark agreement to use AI to empower employees and unlock insights for customers in the new age of AI.
Microsoft and KPMG Partner to Put AI at the Forefront
Today, Microsoft and KPMG announced an expanded partnership to bring together AI innovation across the Microsoft Cloud with KPMG’s tax, audit, and advisory expertise. This landmark agreement will put AI at the forefront of professional services, empowering employees and unlocking insights for customers.
AI Automation and Insights
AI can automate tasks, provide insights, and personalize services, freeing up professionals to focus on more complex and strategic work, making better decisions, and building stronger relationships with clients. As Microsoft CEO Satya Nadella said, “We’re excited to expand our partnership with KPMG, as we bring together AI innovation across the Microsoft Cloud with KPMG’s tax, audit, and advisory expertise to empower employees and unlock insights for customers in the new age of AI.”
Responsibility and Traceability
John Whiteway raised an important question: “I immediately wonder who will own the responsibility for all the ‘decisions’ / results / recommendations that AI systems make?” He also asked about “audit / provenance / traceability in terms of their ‘working out’ of the solution.” These are important considerations as AI systems “soak up” the knowledge and tradecraft of these consultancies and their employees.
Benefits of the Partnership
Pradeep Sanyal commented, “This has the potential to significantly impact the way professional services are delivered, and help accelerate the development and adoption of AI in the services sector.” Abrar Khan added, “Microsoft and KPMG’s increased relationship will surely promote AI innovation and give clients useful information.”
Implications of AI
Dr. Gouri Kumra said, “We have not yet unfolded real intelligence, we are running after artificial intelligence.” P H. added, “Too much AI and too few humans, make businesses look stupid.” Lorenzo Owens concluded, “This is a great move for both companies. Microsoft’s cloud and AI capabilities will be a huge asset for KPMG’s tax, audit, and advisory services.”
“We’re excited to expand our partnership with KPMG, as we bring together AI innovation across the Microsoft Cloud with KPMG’s tax, audit, and advisory expertise to empower employees and unlock insights for customers in the new age of AI.” – Satya Nadella, Microsoft CEO
Today’s landmark agreement between Microsoft and KPMG is a major step forward in the use of AI in professional services. AI can automate tasks, provide insights, and personalize services, freeing up professionals to focus on more complex and strategic work. However, questions remain about responsibility and traceability for decisions made by AI systems. With Microsoft’s cloud and AI capabilities and KPMG’s expertise, this partnership has the potential to significantly impact the way professional services are delivered and accelerate the development and adoption of AI.
Key points from the article:
- AI can automate tasks, provide insights, and personalize services
- AI will help accelerate the development and adoption of AI in the services sector
- The partnership will promote AI innovation and give clients useful information
- The agreement will help free up professionals to focus on more complex and strategic work
- The partnership has the potential to significantly impact the way professional services are delivered
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