KPMG Invests $100M in Google Cloud Alliance to Accelerate Enterprise Adoption of AI for Clients
The expanded partnership is estimated to increase KPMG revenue by $1B through solutions powered by the Google Cloud Platform to unleash the power of genAI
KPMG LLP and Google Cloud today announced a major expansion of their U.S. alliance focused on advancing generative AI, data analytics, and cybersecurity among Fortune 500 companies and global enterprises. KPMG will make a landmark $100 million investment in its Google Cloud practice, which KPMG estimates will drive $1 billion in incremental growth for the firm.
Bookings for KPMG’s Google Cloud practice have increased by 10x in the past two years, and in April 2024 the firm created a Google Cloud Center of Excellence (CoE) to centrally align its product development, industry expertise, and technical resources for enterprises. With today’s new investment, KPMG and Google Cloud will collaborate on new solutions that will help clients solve complex business challenges, focusing on data modernization and responsible AI adoption across industries, with strong initial traction in consumer and retail, healthcare, and financial services. To support this initiative, KPMG will focus on increasing both its Google Cloud and gen AI certifications and will make Google training and certifications available throughout the firm.?
"By tailoring solutions to the specific customers, business models and workflows of each industry, KPMG and Google Cloud will empower our clients to fully leverage AI and drive value across their enterprises,” said Stephen Chase , Vice Chair, KPMG,?Artificial Intelligence and Digital Innovation. “Integrating KPMG’s deep industry, data and AI expertise with Google Cloud’s cutting-edge AI technology is a powerful combination that has boosted our clients’ market advantage, and this expansion will scale the impact we deliver for clients.”
Read more about it here .
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1 天前This partnership between KPMG and Google Cloud represents a powerful step forward in harnessing AI to tackle real-world business challenges. The focus on data modernization and responsible AI adoption, especially in industries like healthcare, finance, and retail, highlights the transformative potential of technology when combined with ethical and strategic innovation. Looking forward to seeing the impact of this collaboration!
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