By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Marketing In Asia
  • Marketing
    • Viral
    • Expert Opinions
    • News & Trends
    • Research
    • Market Podcasts
    • Market Videos
    Marketing
    This category deals with best news and updates on marketing and branding news and events.
    Show More
    Top News
    Stella Zhu
    How AI is Disrupting Advertising Production and Creatives
    1 month ago
    market mall retail photo
    Maximising Loyalty ROI: A Guide for Retail Marketers
    1 month ago
    Jonathan_Reeve_Headshot
    Eagle Eye Reveals Impact of Loyalty Programs on APAC Retailers
    2 months ago
    Latest News
    Marketing in Asia Presents an Exclusive Interview with Ankita Thakur, Group Head of Marketing, MoneyHero Group
    1 day ago
    How retailers can prepare for the rise of Gen Zalpha
    3 days ago
    Are coworking spaces the best way to keep up the next generation of Malaysian workers engaged?
    1 week ago
    Marketing in Asia Presents an Exclusive Interview with Ng Chew Wee, Head of Business Marketing, APAC at TikTok
    3 weeks ago
  • Startup
    • News from Startup world
    • Startup Stories
    • Trends and Opinions
    • Startup Podcasts
    • Startup Videos
    Startup
    News and articles from startup and venture investment world
    Show More
    Top News
    Japan’s Evolving Booze Culture: A Market in Transformation
    Japan’s Evolving Booze Culture: A Market in Transformation
    7 months ago
    text
    Safe Space™ announces partnership with National Healthcare Group as it continues to boost employee support and wellbeing
    8 months ago
    Sakshi Kalani Founder & CEO of Savy Click and Jaipur Unfolded
    AI-Powered Analytics: Sakshi Kalani on Influencer Marketing in 2025
    8 months ago
    Latest News
    Byron J. Fernandez: Minimize the stress of business crises with strong CX
    5 months ago
    Vedant Mahajan Acquires Stake in Flite: Transforming Event Technology with Innovation
    5 months ago
    Navigating the Digital Economy and Tax Challenges for SMEs
    5 months ago
    sehatUP Launches India’s First Integrated Digital Health Clinic, Pioneering Holistic Healthcare
    7 months ago
  • Business
    • Feature Stories
    • News
    • Business Podcasts
    • Business Videos
    Business
    News and press releases from business world of Asia
    Show More
    Top News
    Andy See
    Marketing in Asia Presents an Exclusive Interview with Andy See, Founder and Managing Director of Perspective Strategies
    1 week ago
    Ng Chew Wee, Head of Business Marketing, APAC at TikTok
    Marketing in Asia Presents an Exclusive Interview with Ng Chew Wee, Head of Business Marketing, APAC at TikTok
    3 weeks ago
    Gabie Boko_CMO_NetApp
    Marketing in Asia Presents an Exclusive Interview with Gabie Boko, Chief Marketing Officer, NetApp
    1 month ago
    Latest News
    Marketing in Asia Presents an Exclusive Interview with Ankita Thakur, Group Head of Marketing, MoneyHero Group
    1 day ago
    How retailers can prepare for the rise of Gen Zalpha
    3 days ago
    Modern retail marketing technology solution allows businesses to deliver mind-blowing numbers of offers in real time
    1 week ago
    Are coworking spaces the best way to keep up the next generation of Malaysian workers engaged?
    1 week ago
  • Society
    • Inspiration
    • Destinations & Travel
    • Food & Gourmet
    • People
    • Young Voices
    • Society Videos
    • Society Podcasts
    Society
    News and articles from and for societies around us
    Show More
    Top News
    Smashers Sports Acquires Delhi Franchise of WPBL: A Game-Changer in India’s Sports Entertainment
    Smashers Sports Acquires Delhi Franchise of WPBL: A Game-Changer in India’s Sports Entertainment
    5 months ago
    Resorts World Cruises Sets Sail from Dubai with New Luxury Gulf Voyages
    Resorts World Cruises Sets Sail from Dubai with New Luxury Gulf Voyages
    6 months ago
    Australia luxury property
    Australia’s Luxury Real Estate Market Soars as Affluent Buyers Seek Waterfront Dreams
    6 months ago
    Latest News
    From Taboo to Triumph: How Malaysians Are Transforming Their Intimate Health Journey
    2 months ago
    Top 5 Misconceptions About Antibiotics Malaysians Need to Stop Believing
    2 months ago
    Eagle Eye Reveals Impact of Loyalty Programs on APAC Retailers
    2 months ago
    Elevate Your Haircare in 2025 with Jung Beauty’s Luxurious Camellia Edition Treatment
    4 months ago
  • Press Release
  • Awards
    • MIA Impact Circle Stellar CxO 2023 Malaysia
    • MIA Impact Circle Stellar CxO 2023 India
    • MIA Impact Circle Stellar CxO 2023 Philippines
    • Australian Women in Business Excellence Awards
    • MIA Impact Circle Stellar CxO 2024 Singapore
    • Mia Impact Circle Stellar Cxo 2024 Hongkong Award 
    • Mia Impact Circle Stellar Cxo 2024 Indonesia Award 
Search
Technology
  • Hot
  • Trending
  • Editor’s Choice
  • NSFW
  • Reactions
  • Authors
  • Viral on Internet
Other Pages
  • My Bookmarks
  • Customize Interests
  • About Marketing In Asia
  • Business Register & Login
  • Web Stories
  • Videos
  • Disclaimer
  • Terms of Service
  • Privacy Policy
© 2024 Marketing In Asia Sdn Bhd. All Rights Reserved.
Reading: KPMG and Microsoft Usher in the Future of Professional Services with AI and Cloud Innovation
Share
Sign In
Notification Show More
Latest News
balabala
Dalziel & Pow launches innovative retail space in Suzhou, China, for Children clothing giant Balabala
Press Release
Ivo Ivanov - CEO DE-CIX International
DE-CIX unveils 2024 Annual Report: Strong growth in customer capacity, peak traffic and network connectivity across global and regional markets, including Malaysia
Press Release
avia
Widespread Use Of Illicit Streaming Devices In Taiwan Poses Potential National Cybersecurity Threat, New Research Finds
Press Release
Medeze
Southeast Asian stem cell leader Medeze launches voluntary conditional cash partial offer for 10% stake in SGX-listed Cordlife Group Limited
Press Release
MyJobe Homepage
Connecting Companies and Professionals: MyJobe Makes Its Debut as Malaysia’s Homegrown Business Hub
Press Release
Aa
Marketing In Asia
Aa
  • Hot
  • Trending
  • Editor’s Choice
  • NSFW
  • Reactions
  • Authors
  • Viral on Internet
  • My Bookmarks
  • Customize Interests
  • About Marketing In Asia
  • Business Register & Login
  • Startup Register & Login
Search
  • Marketing
    • Viral
    • Expert Opinions
    • News & Trends
    • Research
    • Market Podcasts
    • Market Videos
  • Startup
    • News from Startup world
    • Startup Stories
    • Trends and Opinions
    • Startup Podcasts
    • Startup Videos
  • Business
    • Feature Stories
    • News
    • Business Podcasts
    • Business Videos
  • Society
    • Inspiration
    • Destinations & Travel
    • Food & Gourmet
    • People
    • Young Voices
    • Society Videos
    • Society Podcasts
  • Press Release
  • Awards
    • MIA Impact Circle Stellar CxO 2023 Malaysia
    • MIA Impact Circle Stellar CxO 2023 India
    • MIA Impact Circle Stellar CxO 2023 Philippines
    • Australian Women in Business Excellence Awards
    • MIA Impact Circle Stellar CxO 2024 Singapore
    • Mia Impact Circle Stellar Cxo 2024 Hongkong Award 
    • Mia Impact Circle Stellar Cxo 2024 Indonesia Award 
Have an existing account? Sign In
Follow US
© 2023 Marketing In Asia Sdn Bhd. All Rights Reserved.
Marketing In Asia > Blog > Business > News > KPMG and Microsoft Usher in the Future of Professional Services with AI and Cloud Innovation
News

KPMG and Microsoft Usher in the Future of Professional Services with AI and Cloud Innovation

profile
Last updated: 2023/07/12 at 4:56 PM
haidar bajrai
Share
5 Min Read
KPMG and Microsoft
SHARE

Professional services are on the precipice of a significant shift. KPMG and Microsoft, two global giants, recently declared a substantial enhancement of their existing collaboration. This strategic move is primed to redefine professional services across several pivotal domains, including the modernization of the workforce, the safe and secure implementation of AI solutions, and the overarching influence of these technologies on clients, industries, and society as a whole.

The symbiotic relationship between these two industry leaders involves KPMG’s multibillion-dollar commitment to Microsoft’s cloud and AI services over the next half a decade. This strategic investment has the potential to unlock a staggering growth opportunity of over US$12 billion for KPMG. The expanded alliance will be pivotal in enhancing KPMG’s client engagement, streamlining the employee experience, and driving the company’s growth in a responsible, trustworthy, and secure manner.

Also Read: Dukaan, the Indian Startup, Utilizes AI for Efficiency, Leading to Staff Reductions 

Microsoft’s cloud and Azure OpenAI Service will enable KPMG’s global workforce of 265,000 to tap into their creative reservoir, conduct faster analysis, and dedicate more time to strategic advisory. This empowerment will support clients, including the more than 2,500 joint clients of KPMG and Microsoft, in navigating the rapidly evolving AI landscape, resolving their biggest business challenges, and successfully adapting to the future world of work.

As part of the partnership, KPMG professionals will pilot Microsoft 365 Copilot and Azure OpenAI Service technologies with selected business groups across the global organization. This amalgamation of cutting-edge tools with KPMG’s experience, insights, and sector-specific expertise is set to elevate client engagement and expedite digital solution development.

Bill Thomas, Global Chairman and CEO of KPMG International, expressed excitement about the expansion of their relationship with Microsoft. He underscored the importance of leveraging their multidisciplinary model by equipping their workforce with the right expertise, skills, and tools to surmount challenges and offer the best advice to clients. This strategic alliance will not only make KPMG more agile and resilient but will also contribute to the responsible use of revolutionary cloud and AI technologies.

Satya Nadella, Chairman and CEO of Microsoft, highlighted the enormous potential of the next generation of AI to transform every industry, including professional services. He emphasized the synergy of AI innovation across the Microsoft Cloud with KPMG’s tax, audit, and advisory expertise to empower employees and unlock insights for customers. This collaboration’s substantial expansion, founded on over a decade of mutual cooperation, promises substantial benefits to KPMG firms’ core business areas.

Also Read: Australia’s Disappointment Over China’s Delay on Barley Tariff Review; WTO Case Revival Looms

Firstly, the audit process will be revolutionized by the infusion of data analytics, AI, and Azure Cognitive Services through the KPMG smart audit platform, KPMG Clara. This will empower KPMG’s 85,000 audit professionals to focus more intensively on high-risk areas of the audit, sector-specific risks, and challenges. Secondly, in the tax domain, the integration of Azure OpenAI Service and Microsoft Fabric into KPMG Digital Gateway will give clients more integrated and transparent access to their data.

Finally, in the advisory field, an AI-enabled application development and knowledge platform on Microsoft Azure will expedite the creation of specialized solutions for clients. A joint engagement with Coca-Cola EuroPacific Partners (CCEP) serves as a testament to this successful collaboration.

Lastly, KPMG and Microsoft will work collaboratively to support businesses with their Environmental, Social, and Governance (ESG) agendas. This will include the KPMG Circularity Tracker and an ESG and climate data management and analytics solution, both built upon Microsoft Cloud for Sustainability and Microsoft Azure. Additionally, the two companies will continue exploring opportunities to drive social and community impact worldwide.

This information is based on Siliconcanals.

You Might Also Like

Twilio Announces Multi-Year Strategic Partnership with Microsoft to Accelerate Conversational AI Initiatives

Enginemailer Now Available in the Microsoft Azure Marketplace 

New SAS AI governance resources offer clarity and confidence at crucial AI moment

69% of Retailers in Singapore View AI Agents as Essential to Beating Competition Amid Rising Costs

Modern retail marketing technology solution allows businesses to deliver mind-blowing numbers of offers in real time

MIA
Get Latest Job Updates on Whatsapp and Telegram
SCIKEY Logo
Whatsapp
Telegram
TAGGED: AI, artificial intelligence, Business Innovation, Cloud Technology, Data Analytics, KPMG, KPMG Clara, Microsoft, Microsoft Azure, Professional Services, Workplace Modernization

Sign Up For MIA Newsletter

Be keep up! Get the latest updates about the Marketing world delivered straight to your inbox.

    By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
    haidar bajrai July 12, 2023 July 12, 2023
    Share This Article
    Facebook Twitter LinkedIn Email Copy Link Print
    Share
    What do you think?
    Love0
    Happy0
    Joy0
    Surprise0
    Sad0
    Angry0
    Cry0
    profile
    By haidar bajrai
    Follow:
    With a strong sense of compassion and a desire to effect real change, I am a passionate and purpose-driven person committed to having a positive impact on the world. I am inspired by works that present fresh viewpoints and insights. Hence i engage with travelling and participating in outdoor activities to learn more about the world. Exposure to diverse cultures and environments fuels my capacity for creative problem-solving, which also broadens my perspective on life.
    Previous Article Lauren Blasco, AC Ventures Lauren Blasco of AC Ventures Joins ASEAN-BAC’s Carbon Center of Excellence to Propel Carbon Market Growth
    Next Article Vietjet-Introduces-Complimentary-Sky-Care-Insurance-for-All-Passengers Fly With Peace of Mind: Vietjet Introduces Complimentary Sky Care Insurance for All Passengers
    Leave a comment Leave a comment

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

    9.5k Followers Follow
    3.4k Followers Like
    1.1k Followers Follow
    214 Followers Follow
    208 Subscribers Subscribe

    Latest News

    balabala
    Dalziel & Pow launches innovative retail space in Suzhou, China, for Children clothing giant Balabala
    Press Release 5 hours ago
    Ivo Ivanov - CEO DE-CIX International
    DE-CIX unveils 2024 Annual Report: Strong growth in customer capacity, peak traffic and network connectivity across global and regional markets, including Malaysia
    Press Release 6 hours ago
    avia
    Widespread Use Of Illicit Streaming Devices In Taiwan Poses Potential National Cybersecurity Threat, New Research Finds
    Press Release 1 day ago
    Medeze
    Southeast Asian stem cell leader Medeze launches voluntary conditional cash partial offer for 10% stake in SGX-listed Cordlife Group Limited
    Press Release 1 day ago

    PropertyGuru

    property guru

    You Might also Like

    twilio
    Press Release

    Twilio Announces Multi-Year Strategic Partnership with Microsoft to Accelerate Conversational AI Initiatives

    1 day ago
    global network
    Press Release

    Enginemailer Now Available in the Microsoft Azure Marketplace 

    2 days ago
    SAS
    Press Release

    New SAS AI governance resources offer clarity and confidence at crucial AI moment

    3 days ago
    salesforce logo
    Press Release

    69% of Retailers in Singapore View AI Agents as Essential to Beating Competition Amid Rising Costs

    1 week ago
    //

    Get Asia to Notice You

    Quick Link

    • Contact
    • RSS Terms of Service
    • Policies & Standards
    • About Us
    • FAQ
    • Disclaimer
    • Terms Of Service
    • Privacy Policy

    Top Categories

    • Marketing
    • Startup
    • Feature Stories
    • News
    • People
    • Inspiration

    Sign Up for Our Newsletter

    Subscribe to our newsletter to get our newest articles instantly!

      Marketing In AsiaMarketing In Asia
      Follow US
      © 2024 Marketing In Asia. All Rights Reserved.
      • Disclaimer
      • Terms of Service
      • Privacy Policy