The global EY organization (EY) has unveiled EY.ai, a platform designed to facilitate the responsible integration of artificial intelligence (AI) into business operations. EY.ai leverages EY’s extensive experience in strategy, transactions, transformation, risk, assurance, and tax, combining it with advanced AI technologies from EY’s ecosystem.
EY has invested $1.4 billion to lay the groundwork for the EY.ai platform. This investment includes embedding AI capabilities into EY’s proprietary technologies, such as EY Fabric, used by more than 60,000 EY clients and over 1.5 million unique client users. It has also enabled EY to make strategic technology acquisitions in cloud and automation.
Carmine Di Sibio, EY Global Chairman and CEO, emphasized the significance of AI in today’s business landscape, stating that the adoption of AI extends beyond technology challenges. EY aims to help clients harness the transformative potential of AI throughout their organizations in a responsible manner.
EY is also focusing on enhancing its workforce’s AI knowledge and skills. A secure, large language model called EY.ai EYQ will be introduced after an initial pilot program with 4,200 EY technology-focused team members. Additionally, EY will provide tailored AI learning and development programs for its employees.
EY.ai’s ecosystem involves strategic alliances with leading organizations, including Dell Technologies, IBM, Microsoft, SAP, ServiceNow, Thomson Reuters, and UiPath. These alliances, along with Microsoft’s Azure OpenAI capabilities, offer EY teams early access to advanced AI technologies for enhancing service offerings.
EY’s collaboration with Dell Technologies aims to simplify generative AI adoption, offering clients validated hardware, software, and security solutions optimized for generative AI use cases.
With Thomson Reuters, EY is working on combining insights across various domains and accelerating the development of AI-driven solutions in areas such as tax, law, global trade, and environmental, social, and governance (ESG) services.
EY.ai will be underpinned by the EY.ai Confidence Index, which evaluates AI from a risk, governance, and data management perspective. The EY.ai Maturity Model assesses an enterprise’s AI readiness compared to industry peers, while the EY.ai Value Accelerator prioritizes initiatives for strategic impact and growth.
The platform will also empower EY teams and users worldwide by integrating generative AI and development tools into EY Fabric, the organization’s global technology backbone.
EY.ai will introduce various AI solutions and services, including the EY Intelligent Payroll Chatbot, designed to streamline employee payroll processes and assist employers.
EY is actively exploring a joint-research opportunity with the University of Southern California’s School of Advanced Computing to advance AI technology while emphasizing ethical and responsible AI development.
EY.ai’s launch will be accompanied by a marketing campaign centered around the theme of ‘The Face of the Future,’ showcasing how EY’s services will be augmented by AI. The campaign emphasizes EY’s commitment to building a better working world, creating value, and making a positive human impact.
About EY: EY is a global organization dedicated to building a better working world, fostering trust in the capital markets, and helping clients grow and transform through a wide range of services across various sectors. EY’s member firms operate independently and do not provide legal services. For more information about EY, visit ey.com.
(Note: This article has been provided for informational purposes and does not constitute an endorsement or promotion of EY or its services.)
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