KPMG and Microsoft collaborate to deliver AI solutions for clients, industries, and society

This new partnership between KPMG and Microsoft is said to unlock an earning potential of over $12 billion.

Over the five years, KMPG will use various AI services from Microsoft (Credit: Microsoft)

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KPMG, a multinational professional service network company, has partnered with Microsoft to enable AI services across departments. This five-year strategic agreement is said to allow KPMG to access the latest AI and cloud-related technologies from the industry leader, Microsoft.

This new partnership between KPMG and Microsoft is said to unlock an earning potential of over $12 billion. It is also expected to enhance and supercharge KPMG’s global workforce of 265,000 employees using the latest AI tools and services for audit, tax, and advisory requirements.

Today, we’re expanding 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. https://t.co/KiAhfGg31A

— Satya Nadella (@satyanadella) July 11, 2023

Additionally, KPMG employees will receive early access to upcoming technologies such as Microsoft 365 Copilot and Azure OpenAI Service. This will enable KPMG employees to pilot these solutions, enhancing client engagement and accelerating the development of these digital solutions.

Satya Nadella, Chairman and CEO, Microsoft, said:

We have a real opportunity to apply this next generation of AI to help transform every industry, including professional services. Our expanded partnership with KPMG will bring together AI innovation across the Microsoft Cloud with KPMG’s tax, audit and advisory expertise to empower its employees and unlock insights for its customers.

Bill Thomas, Global Chairman and CEO, KPMG International, said:

Our renewed and strengthened relationship with Microsoft is an exciting moment for our people and our clients. It will help harness the power of our multidisciplinary model by ensuring that our people always have the right expertise, skills, and tools to overcome challenges and provide the very best advice to clients. It will also help make KPMG a more agile and resilient business that continues to be an interesting and exciting place to work.