Industry News — Consulting Point

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AI

Deloitte rolls out PairD chatbot in latest Big Four AI move

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Deloitte rolls out PairD chatbot in latest Big Four AI move

Staff can use the chatbot to help with routine tasks, but have been told to check its work for accuracy.

Deloitte is equipping 75,000 of its staff with a generative AI-powered chatbot to help them carry out basic tasks more quickly. It is the latest indication that the biggest names in accountancy – the so-called Big Four firms – are embracing automation as a way of boosting productivity.

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India’s AI market seen touching $17 bln by 2027, notes Nasscom-BCG report

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India’s AI market seen touching $17 bln by 2027, notes Nasscom-BCG report

MUMBAI, Feb 20 (Reuters) - India’s artificial intelligence market is projected to touch $17 billion by 2027, growing at an annualised rate of 25-35% between 2024 and 2027, IT industry body Nasscom and consulting firm BCG said on Tuesday, citing a joint report studying AI-powered tech in the country.

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Judd Caplain, Former Global Head of Financial Services at KPMG has joined Team8’s Fintech Advisory Board

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Judd Caplain, Former Global Head of Financial Services at KPMG has joined Team8’s Fintech Advisory Board

Team8, a unique global venture group that builds and invests in early-stage companies with deep expertise in cyber, data, fintech, and digital health, is proud to announce that Judd Caplain, the former Global Head of Financial Services at KPMG has joined Team8’s Fintech Advisory Board.

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Oliver Wyman helping Saudi Aramco with Big Data and AI unit

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Oliver Wyman helping Saudi Aramco with Big Data and AI unit

Oliver Wyman is advising Saudi Aramco in their efforts to build a Big Data and AI unit. The new business unit will aim to leverage advanced data analytics to help the oil giant enhance decision-making across the business and profits.

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Davide Olivieri joins BearingPoint as US partner

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Davide Olivieri joins BearingPoint as US partner

Davide Olivieri has joined management consultancy BearingPoint as a US partner.

Based in the firm’s Chicago office, Olivieri will lead and build the data, analytics, and AI offering – which will help companies deploy tools to harness data and scale technologies such as generative AI.

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McKinsey named a Leader in Digital Transformation Services by Forrester

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McKinsey named a Leader in Digital Transformation Services by Forrester

McKinsey has been named a Leader, the highest designation possible, in The Forrester Wave™: Digital Transformation Services, Q4 2023 report.

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Cybersecurity trends: IBM’s predictions for 2024

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Cybersecurity trends: IBM’s predictions for 2024

From world events to the economy, 2023 was an unpredictable year. Cybersecurity didn’t stray far from this theme, delivering some unexpected twists. As organizations begin planning their security strategies for 2024, now is the time to look back on the year before and extrapolate what the future may hold.

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The Hackett Group launches AI readiness assessment tool

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The Hackett Group launches AI readiness assessment tool

The Hackett Group, a Miami-headquartered research and consulting firm, has launched Ai XPLR, an artificial intelligence (AI) readiness and opportunity assessment tool.

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Global strategy and management consulting firm Oliver Wyman has launched a new office in Bahrain, its sixth in the Middle East.

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Global strategy and management consulting firm Oliver Wyman has launched a new office in Bahrain, its sixth in the Middle East.

Accenture has announced a new collaboration with AI specialist Faculty to help organizations leverage AI-powered decision-making.

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Accenture acquires Italian AI advisory company Ammagamma

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Accenture acquires Italian AI advisory company Ammagamma

Accenture has acquired Ammagamma, an Italy-based firm that helps companies adopt artificial intelligence solutions.

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Capgemini sees 5G’s AI potential and challenges

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Capgemini sees 5G’s AI potential and challenges

Telecommunication networks are complex organisms that are growing only more complex as they evolve to support more in-depth 5G use cases.

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Mastercard launches AI and economics consulting practices

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Mastercard launches AI and economics consulting practices

Mastercard has expanded its consulting business with new offerings in artificial intelligence and economics consulting.

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IBM Consulting invests heavily in generative AI on AWS platform

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IBM Consulting invests heavily in generative AI on AWS platform

IBM Consulting has expanded its relationship with Amazon Web Services (AWS) to help more mutual clients derive value from generative artificial intelligence.

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EY and IBM Launch Artificial Intelligence Solution Designed to Help Increase Productivity and Drive Efficiencies within HR

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EY and IBM Launch Artificial Intelligence Solution Designed to Help Increase Productivity and Drive Efficiencies within HR

The EY organization and IBM (NYSE: IBM) today announced the launch of EY.ai Workforce, an innovative HR solution that helps enable organizations to integrate artificial intelligence (AI) into their key HR business processes. This marks a pivotal next step in the collaboration between the companies and a significant milestone in the role of AI increasing productivity within the HR function.

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Middle East's Gen AI economy could reach $24 billion per year by 2030

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Middle East's Gen AI economy could reach $24 billion per year by 2030

Generative AI (Gen AI) could reach nearly $24 billion per year by 2030 within the Middle East, according to a report by consulting firm Strategy&.

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McKinsey launches a generative AI chatbot to bring its knowledge to clients

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McKinsey launches a generative AI chatbot to bring its knowledge to clients

Consulting firms provide businesses with professional advice based on thorough research of a specific industry or area. As a result, consultancy firms have robust sources and research data -- and now McKinsey & Company has launched an AI chatbot to helps its clients access this information.

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McKinsey & Company launches internal generative AI tool Lilli

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McKinsey & Company launches internal generative AI tool Lilli

Lilli, a new generative AI tool developed in-house by global consulting firm McKinsey & Company, is set to become available this fall. The interactive platform will deliver insights to employees based on a knowledge base of over 10,000 documents and archival data.

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Elixirr partners with generative AI platform Responsum

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Elixirr partners with generative AI platform Responsum

Management consultancy Elixirr has partnered with Responsum, an Austin-based generative AI acceleration platform.

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Capgemini launches new set of generative AI offerings

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Capgemini launches new set of generative AI offerings

Building on a strong generative AI momentum, the Group has boosted its capabilities across the business and is launching a new set of end-to-end generative AI offerings to deliver on a strong pipeline of client opportunities

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IBM Expands Partnership with Adobe To Deliver Content Supply Chain Solution Using Generative AI

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IBM Expands Partnership with Adobe To Deliver Content Supply Chain Solution Using Generative AI

IBM (NYSE: IBM) announced plans to expand its longstanding partnership with Adobe to help brands successfully accelerate their content supply chains through the implementation of next-generation AI including Adobe Sensei GenAI services and Adobe Firefly (currently in beta), Adobe's family of creative generative AI models.

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