KPMG partners with Google to bring AI and cloud solutions to clients
Big Four consultancy KPMG has teamed up with Google to provide digital solutions powered by the Google Cloud Platform. The partnership has already rolled out solutions related to intelligent customer interaction and GDPR compliance, with further client solutions being planned for the future.
Businesses striving to remain competitive are increasingly looking at digitalisation and Industry 4.0 elements like artificial intelligence and cloud computing to unlock new efficiencies and boost productivity. Tech giant Google is one of the leading forces in AI, cloud computing, and automation, and is shaping up to be the leading super-corporation of an exciting robotic future.
Many companies are contracting the help of consulting firms like KPMG to help them create and implement digital strategies. Most of the time, these consultancies partner up with premier tech firms like Microsoft, IBM, Oracle, and Google to provide tailored digital solutions for clients.
Now, Big Four accounting and consulting firm KPMG has announced that it has partnered with Google to support clients with the adoption of AI and cloud computing technology. KPMG will build a suite of solutions on the Google Cloud Platform (GCP) to support a wide range of industry clients with cyber security, compliance, and business and process performance improvement. The solutions will have the added strength of GCP’s trusted security, data analytics, and machine learning.
KPMG already has two solutions ready on the Google Cloud Platform – KPMG Intelligent Interactions and GDPR Assessment and Compliance. Intelligent Interactions uses machine learning and speech-to-text technology to automate and enhance customer interactions. Furthermore, virtual assistants built with Google Cloud machine learning language tech can anticipate customer needs based on predefined triggers.
With GDPR regulations taking effect a week ago in the EU, many firms outside Europe are still not compliant with the digital data privacy law. With huge fines brandished as punishment for non-compliance, firms with dealings in the EU need a plan in place. KPMG’s GDPR solution assists clients with the challenges of compliance, while laying the basis for strong data management and privacy beyond the domain of GDPR. The solution combines KPMG’s advisory expertise in regulation and compliance with Google’s secure cloud-based data warehousing and infrastructure – reducing compliance costs while streamlining processes.
"Organizations are seeing advanced technologies and natural language experiences as a key to transforming their businesses," commented Benjie Thomas, Canadian Managing Partner, Advisory Services for KPMG Canada. "KPMG is creating data-driven solutions that harness Google Cloud technology, including machine learning, to help our member firm clients advance business strategies and deliver unrivaled digital experiences."
The partnership synergizes KPMG’s industry knowledge and process consulting with Google’s cutting-edge machine learning models, giving clients a streamlined way to integrate AI into their business.
"Our alliance with KPMG helps customers across industries benefit from the advantages of Google Cloud, including our advanced security, data analytics and machine learning capabilities, to solve real business challenges," says Tariq Shaukat, President, Partners and Industry Platforms, Google Cloud. "We're working alongside KPMG to develop new solutions that help enable customers to actively participate in the ideation and creation of their own solutions."
In related KPMG news, the firm acquired Canadian IT solutions consultancy Adoxio – a specialist in Microsoft Dynamics customer relationship management software. The acquisition bolstered KPMG’s deep expertise in Microsoft Dynamics 365 – where the firm is part of the ‘Inner Circle’, a designation awarded to only one percent of Microsoft Dynamics partners.
