Microsoft and KPMG strengthened their partnership by signing a 5-year agreement that 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, which 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.
With the new digital innovations on Microsoft Cloud, KPMG is planning to help all of its clients benefit from more accurate decision-making capabilities, increased productivity and 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.