KPMG & Google Cloud: Expanding Enterprises' AI Applications
With enterprises of all industries wanting to get in on the AI surge and the associated optimisations it bring, consultancies are standing as the steward of this new age of digital transformations.
To better tailor their offerings, partnerships are proving key to give them a greater access to new services.
It is here, KPMG is rising to change, announcing an expansion of its longstanding partnership with Google Cloud with a with US$100m investment to adapt its services to meet the growing demand for AI-driven solutions.
What began as a collaboration centred on cloud computing has evolved into a strategic focus on helping companies adopt AI in ways, aiming to generate US$1bn in revenue through the application of Google Cloud’s Gen AI technologies.
Scaling AI solutions across industries
KPMG’s Google Cloud Centre of Excellence, established in April 2024, has become a hub for AI innovation. This centre coordinates product development and technical resources to drive AI adoption in traditionally slower-moving sectors.
The firm’s adoption of Vertex AI Search, Google Cloud's enterprise search tool, within its operations exemplifies its approach. Acting as a proof of concept, the tool enables KPMG to analyse internal data and showcase practical AI applications to clients. Additionally, KPMG is developing AI agents using Vertex AI and retrieval augmented generation (RAG), designed to improve financial research and market analysis by grounding responses in verified data.
“By tailoring solutions to specific customers, business models and workflows of each industry, KPMG and Google Cloud will empower our clients to fully leverage AI and drive value across their enterprises,” says Steve Chase, KPMG’s Vice Chair of Artificial Intelligence and Digital Innovation.
Industry-specific AI applications
The partnership highlights the trend of sector-specific AI solutions. In financial services, KPMG is leveraging Google Cloud’s Vertex AI and Gemini large language models to enhance fraud detection and automate commercial lending processes, balancing efficiency with regulatory compliance.
Healthcare applications focus on Google Cloud’s Healthcare API, enabling practitioners to analyse diverse medical datasets while adhering to strict data protection regulations. In retail, KPMG has developed tools using Google BigQuery, allowing real-time operational insights and personalised customer experiences.
“KPMG has enabled some of the world's largest organisations to transform how they operate with Google Cloud's technology,” says Matt Renner, President of Global Revenue at Google Cloud.
Redefining enterprise technology consulting
The alliance between KPMG and Google Cloud reflects the growing sophistication of enterprise AI adoption. Businesses are now prioritising tailored AI solutions that integrate seamlessly with existing systems and address specific industry challenges.
KPMG’s US$100m investment is not limited to technology; it also focuses on training and development to enhance expertise in areas like AI safety and data protection.
- $100m investment in Google Cloud practice by KPMG
- Targeting $1bn revenue growth through AI services
- Bookings increased tenfold since 2022
“As technological innovation accelerates and our clients' needs rapidly evolve, technology partners like Google Cloud are critical to building capabilities in AI, data and cloud that help us drive sustainable and innovative growth for our clients and our firm,” says Carl Carande, Global Head and US Vice Chair of KPMG Advisory.
This expanded commitment positions KPMG as a leader in navigating the technical and governance complexities of enterprise AI, ensuring responsible implementation that delivers measurable value.
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