Business Forum • 23 July, 2024 at 10:37 AM
Deloitte closed a global multi-year strategic collaboration agreement with Amazon Web Services (AWS) to support companies around the world scale their Generative Artificial Intelligence, data and analytics and quantum computing capabilities by using AWS services such as Amazon SageMaker, Amazon Bedrock, Amazon Q and Amazon Braket. Together, the two organizations will establish an Innovation Lab, helping companies explore technologies like artificial general intelligence (AGI), quantum machine learning (ML), and autonomous robotics, and supporting them innovate and solve industry-specific issues by using Gen AI capabilities. In addition, the two organizations will make funding available to support companies take successful proofs of concept (POCs) into production.
The Innovation Lab will allow Deloitte and AWS engineers to collaborate on building industry-specific solutions across financial services, government and public sector, life sciences and health care, media and telecommunications, consumer and energy, resources and industrials. For example, Deloitte's C-Suite AI for CFOs is one of the first POCs being developed out of the lab. It builds large language models (LLMs) that can simplify enterprise contract workflows, offers a custom GPT (Generative Pre-trained Transformer) to answer CFO questions, generates investor documentation drafts and automates customer service. It enables streamlining financial functions in the key areas of planning, operations, reporting and investor relations. C-Suite AI is a tool powered by NVIDIA to help financial services industry companies build custom large language models with Amazon Bedrock.
Toyota Motors North America (TMNA) is one of the companies that use AWS machine learning and decision intelligence services to enhance their data ecosystem and deliver value to their customers. Dynamic pricing and parts forecasting are among the innovative solutions created as a result of the collaboration with Deloitte.
“Thanks to this collaboration, companies in Romania will gain access to a vast set of expertise in new technologies, as well as in specific industries, provided by Deloitte's and our partners' global networks of professionals. All the companies are trying to understand how the new generation of technologies can help them achieve their objectives, but moving from exploring to actual production is very complex and difficult. This is one of the challenges that this collaboration can address successfully,” stated Andrei Paraschiv, Consulting Partner, Deloitte Romania.
With a full spectrum of tailored AI services and deep industry and domain knowledge, Deloitte supports companies at every stage of their transformational journey, from developing AI strategies to building and implementing Generative AI solutions that enhance productivity and deliver greater client impact. Additionally, Deloitte is training more than 120,000 professionals worldwide in AI through a dedicated programme and investing more than $2 billion in global technology learning and development initiatives to boost skills in AI and other areas.
Deloitte has been an AWS Partner Network Premier Tier Services Partner for over seven years.