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Wednesday, July 12, 2023

KPMG deploys Microsoft OpenAI capabilities across its internal platforms

 Another example of AI integration

KPMG LLP and Microsoft Establish Industry-Leading Initiative to Scale Generative AI Across Audit, Tax and Advisory

Companies co-invest to deliver generative AI solutions for Audit, Tax and Advisory U.S. clients

KPMG deploys Microsoft OpenAI capabilities across its internal platforms

Collaboration delivers responsible, secure approach to deploying AI at scale

NEW YORK, May 11, 2023 – KPMG LLP, the U.S. audit, tax, and advisory firm, and Microsoft are establishing an AI Innovation Initiative, focused on co-developing solutions for clients across industries and embedding Azure OpenAI Service across nearly all dimensions of KPMG’s U.S. business. The initiative will be led by Cherie Gartner, KPMG’s Global Lead Partner for Microsoft. 

“Embracing the capabilities of generative AI will shape business solutions and create new opportunities for growth and success at our firm, in our industry and for our clients,” said Carl Carande, Vice Chair – Advisory for KPMG U.S. and Global Head of Advisory. “Over the past decade, Microsoft and KPMG have worked together to put ethics and security at the center of everything we do. The collective ingenuity of the team dedicated to our AI Innovation Initiative will allow us to innovate at a rapid pace, maintain the trust of our stakeholders, and deliver transformational value for our clients.”

Many KPMG U.S. partners and employees can already apply Microsoft’s generative AI capabilities against KPMG proprietary data within the firm’s secure cloud platform built on Microsoft Azure, and the firm will embed generative AI capabilities across its client delivery models. This collaboration with Microsoft and use of Azure OpenAI Service allows KPMG to layer Microsoft’s state-of-the-art machine learning models, natural language processing capabilities and enhanced analytics onto firm data sets and solutions within its secure cloud environment, protecting client and firm data.

“KPMG is known for delivering exceptional audit, tax, and advisory services to its clients, and we are thrilled to expand our collaboration with generative AI technologies to accelerate growth and innovation across KPMG and for its clients,” said Judson Althoff, executive vice president and chief commercial officer at Microsoft. “Through this initiative, we will work with KPMG to harness the power of Microsoft Azure, Azure OpenAI, and Microsoft 365 Copilot to deliver AI-empowered solutions within our trusted cloud environment. ... ' 

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