KPMG mentioned on Tuesday it would spend $2 billion on synthetic intelligence and cloud providers by means of an expanded partnership with Microsoft, intently following Accenture in betting on the newest applied sciences to climate a slowdown in advisory offers.
The accounting agency mentioned it would incorporate AI into its core audit, tax and advisory providers for shoppers as a part of the five-year partnership.
Professional providers corporations face a slowdown in business as their clients downsize or maintain off on consulting and transformation tasks to avoid wasting prices in a difficult macro financial surroundings.
The expanded partnership will assist help KPMG’s shoppers and a pair of,500 clients serviced collectively by KPMG and Microsoft.
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Source: economictimes.indiatimes.com