After an investment of 1.4 billion dollars in Artificial Intelligence, The consulting firm EY has launched the AI platform EY.ai, developed to help the company’s clients expand the adoption of Artificial Intelligence. Its mission is to offer the consulting firm’s clients versions of its consulting products powered by AI, in a step that places the consulting firm in the same line of thinking regarding Artificial Intelligence as a growth engine as several of its main competitors. , such as Accenture and KPMG.
Ey.ai allows us to have an AI ecosystem with diverse capabilities and functions, available in part thanks to various alliances of the consulting firm with technology companies. Among them is Microsoft, which offered the consulting firm access to Azure OpenAI functions in an early development phase. Also Dell Technologies, IBM, SAP, ServiceNow, Thomson Reuters and UIPath.
The investment made by the company in AI that we have mentioned was allocated to the development of the platform’s foundation, a task that included the integration of Artificial Intelligence into EY proprietary technologies, such as EY Fabric. But it has also served to finance several purchases of technology companies related to the cloud and automation.
This platform is not the only AI-related launch that EY is going to make, since after a pilot test with some 42,000 EY team members working in various technology areas, the consulting firm is also going to launch a large language modelcharacterized by its security, and which is called EY.ai EYQ.
For Carmine Di Sibio, CEO and President of EY«The time for Artificial Intelligence is now. All companies are assessing how it will be integrated into their operations and its impact in the future. However, AI adoption is more than a technological challenge. That’s why EY teams help clients identify how to capture the transformative power of AI from every seat in the boardroom to the rest of the business. It is about how to take advantage of the new economic value in a responsible way to realize the great potential of this technological evolution.«.
