Microsoft and KPMG strengthened their partnership by signing a 5-year agreement. The new agreement will accelerate the global professional services firm’s digital transformation strategy.
According to a Microsoft News Center report, KPMG expects to spend $5-billion on boosting its digital strategy.
KPMG is improving its workplace using the Microsoft 365 suite, as well as Azure and Azure AI. Microsoft’s Azure will be used as the main pillar of a new common, cloud-based platform.
The platform is expected to improve KPMG’s digital products with new changes in cloud-based audit, tax solutions and risk management capabilities.
“Together with KPMG, we’re accelerating digital transformation across industries by bringing the latest advances in cloud, AI and security to highly regulated workloads in tax, audit and advisory…” said Microsoft CEO Satya Nadella.
Cloud is the new trend
Using the new digital innovations on Microsoft Cloud, KPMG is planning to help its clients benefit from more accurate decision-making capabilities. This will also increase productivity, leading compliance and security standards.
“Our alliance with Microsoft has become a critical component in helping us deliver industry-leading solutions and services to clients. Our significant multiyear investment continues to empower our people to work more efficiently and collaboratively while maximizing the power of a workforce that blends people and technology…” said Bill Thomas, Global Chairman, KPMG International.
“By harnessing Microsoft’s intelligent and trusted cloud, we aim to help clients be at the forefront of change and better prepared for a digital-first future.”
With this agreement KPMG is seeking to combine industry expertise and advanced cloud-based technology. A good example is how KPMP in the United States is partnering with Microsoft to use Azure in the healthcare and life-sciences industries. The collaboration is helping organizations within these industries to make the most out of their clinical, operational and financial performance.
KPMG will create a set of cloud-based capabilities ranging from hosting infrastructure based on Microsoft Azure to more than 50 advanced solutions. KPMG will further empower its global workforce of over 207,000 employees across 153 countries. This will help its clients through increased collaboration, improved productivity and data-driven insights.
Microsoft Azure is a cloud computing service operated for application management via data centers. It provides software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS) and supports many different programming languages, tools, and frameworks, including both Microsoft-specific and third-party software and systems.