Deloitte partners with Amazon to enhance global AI and data capabilities
The Innovation Lab by Deloitte and Amazon Web Services will develop industry-specific AI solutions.
Deloitte has formed a strategic collaboration with Amazon Web Services (AWS) to assist companies globally in enhancing their capabilities in generative artificial intelligence, data analytics, and quantum computing. The partnership includes the establishment of an Innovation Lab, with a focus on cutting-edge technologies like AI, quantum machine learning, and autonomous robotics. This lab aims to address industry-specific challenges and support companies in successfully transitioning proofs of concept into full production.
The Innovation Lab will facilitate collaboration between Deloitte and AWS engineers to develop solutions for diverse industries, encompassing financial services, healthcare, media, and energy. One of the initial projects, Deloitte’s C-Suite AI™ for CFOs, is designed to streamline financial functions using large language models. These models simplify workflows, generate investor documentation, and automate customer service. This tool is powered by NVIDIA and Amazon Bedrock to specifically aid the financial services sector.
Toyota Motors North America exemplifies a company benefiting from AWS machine learning and decision intelligence services to enhance their data ecosystem. Innovative solutions, such as dynamic pricing and parts forecasting, have been developed through their collaborative efforts with Deloitte. The partnership’s objective is to assist companies in transitioning from exploration to production of new technologies, addressing the inherent complexities and challenges involved.
Why does this matter?
Deloitte remains committed to supporting companies throughout their AI transformation journey. They offer tailored AI services and leverage their deep industry knowledge. The firm is currently training over 120,000 professionals worldwide in AI and investing more than £2 billion in technology learning and development initiatives. This extensive programme aims to boost skills in AI and other advanced technologies, ensuring greater client impact and improved productivity.
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