PwC, a multinational professional services network, is investing $1 billion over the next three years to develop and scale its artificial intelligence (AI) offerings. To drive system productivity, and gain more insight, the investment will concentrate on generative AI, a breakthrough in how PwC performs daily business activities.
Microsoft and PwC are joining forces to take advantage of Azure OpenAI service to initiate cutting-edge customer solutions that integrate AI models with Azure’s enterprise-grade capabilities, which are secured with reliable AI-optimized infrastructure. In addition, PwC staff members are also undergoing training on AI tools and features to increase their career opportunities and enable customers to benefit from AI and other revolutionary technologies.
Eric Boyd, Corporate Vice President, AI Platform, Microsoft said, “We are thrilled that PwC decided to incorporate Azure OpenAI service and empower their workflow progress. We are confident that this venture along with OpenAI has the potential to open the gates for companies to experience generative AI applications in a safe and confidential way.”
The joint effort by Microsoft and OpenAI has already been incorporated into PwC’s services for industries including insurance, aviation, and the healthcare sector. The initiative has not only spared clients time and money, but also facilitated revenue increase. OpenAI’s GPT-4 and ChatGPT together with Microsoft’s Azure OpenAI Service will provide PwC with the opportunity to implement AI transformation, while providing customers with better outcomes.
About PwC
PwC is a multinational professional services network with offices in 157 countries. They provide auditing, consulting, tax, and other services to their oil and gas, banking, automobile, and aviation clients, among others. They are committed to helping enterprises shape their future using the technological resources and capabilities that PwC offfers.
About Eric Boyd
Eric Boyd is the Corporate Vice President for AI Platform of Microsoft. With nine years of experience in driving AI, Machine learning, and deep learning efforts, he endeavors to promote advancements in AI technology through resources like Microsoft’s Azure technical services. Mr. Boyd’s focus is on new markets, strategic customer engagements and the initiatives necessary to accelerate customer success in areas such as Industry 4.0, intelligent manufacturing, and healthcare.
