KPMG in Canada increasing investments and capabilities in generative synthetic intelligence

KPMG bolsters its generative AI capabilities with Microsoft 365 Copilot integration, upskills its workforce and unveils proprietary instruments equivalent to Kleo, the agency’s first generative AI-powered chatbot

TORONTO, June 12, 2024 /CNW/ – KPMG in Canada is bolstering its investments and capabilities in generative synthetic intelligence with proprietary instruments, coaching and options to reinforce the work of the agency’s 10,000 professionals and ship extra modern and impactful options to Canadian organizations.

(CNW Group/KPMG LLP)

(CNW Group/KPMG LLP)

Canada is dealing with a major productiveness problem and we imagine generative AI has monumental potential to assist Canadian organizations elevate their productiveness. We’re totally dedicated to serving to companies perceive and use generative AI to its fullest potential, as a result of we have seen first-hand how the expertise can assist re-define how our personal folks work,” says Stephanie Terrill, KPMG in Canada’s AI Government Chief and Enterprise Unit Chief of the agency’s Administration Consulting observe.

“At KPMG in Canada we have been experimenting, piloting and implementing AI throughout the agency for a while. And in some methods, we take into account ourselves ‘shopper zero,’ which implies we’re testing and piloting new generative AI options and sharing that experience with shoppers by serving to them implement their very own AI options to unravel quite a lot of enterprise issues. It is an thrilling time to be innovating internally and with shoppers,” she provides.

The agency’s latest investments and initiatives in generative AI embody:

  • Upskilling agency management and companions with a strong generative AI govt coaching program designed to spice up productiveness, spur innovation and ship deeper insights to Canadian companies. The coaching centered on navigating the disruptive impression of generative AI to the agency and its shoppers, demonstrated KPMG’s Trusted AI framework, explored use instances, and emphasised KPMG’s human-centric strategy to generative AI.

  • Remodeling the workforce with training, coaching and knowledge-sharing periods for all staff, together with KPMG’s 24 hours of AI, immersive AI studying marathons the place KPMG in Canada professionals take part in a full day of steady AI training with colleagues from world wide; necessary threat administration coaching to foster accountable use of generative AI; and self-guided studying modules the place KPMG professionals can elevate their AI information and expertise at their very own tempo.

  • Constructing, growing and evolving Kleo, the agency’s generative AI information administration platform and chatbot accessible to KPMG in Canada professionals to enhance their day by day work expertise. Kleo contains function-specific bots tailor-made to areas equivalent to human sources, advertising and marketing, and knowledge expertise groups, and is inbuilt KPMG’s personal Microsoft Azure cloud surroundings leveraging OpenAI’s GPT-4 mannequin – offering privateness, safety and management over delicate firm information. Kleo helps with duties equivalent to analysis, information evaluation and synthesizing solutions to complicated questions. Kleo is adaptable for shopper use inside a shopper’s personal personal cloud infrastructure. Since its launch in December 2023, Kleo has helped improve productiveness and high quality, based on an inside KPMG survey of the agency’s customers, and almost three quarters of KPMG professionals surveyed use Kleo often. Kleo was developed in accordance with KPMG’s Trusted AI Framework.

  • Deploying Copilot for Microsoft for 365 by means of a set of companies and software frameworks that assist organizations shortly implement and scale Copilot, an AI-powered companion built-in into Microsoft 365 purposes that streamlines workflows and improves effectivity. Copilot helps customers enhance productiveness by accelerating content material creation, managing emails, paperwork, chats, conferences and contacts, and automating and lowering routine duties. Copilot for M365 has been deployed to professionals throughout KPMG in Canada for inside use, and the agency is an early entry associate for Copilot for M365 in Canada – a part of an expanded alliance between the corporations introduced final summer season.

  • Increasing KPMG in Canada’s govt coaching centre. Co-developed with Microsoft Canada, the Operational Danger Expertise Improvement Centre gives coaching and upskilling on generative AI and cybersecurity for CEOs, board administrators and homeowners of small and medium-sized companies. The coaching helps enterprise leaders perceive the potential and impression of generative AI on their group, determine use instances, implement generative AI options and threat mitigation methods, and redefine enterprise fashions. The centre just lately added Copilot for Microsoft for 365 coaching to its curriculum to assist organizations totally leverage the advantages of Copilot.

  • Creating a proprietary generative AI-powered platform that manages and streamlines complicated doc opinions utilizing customizable immediate libraries. The instrument – piloted by KPMG Legislation professionals – assists with expediting due diligence, contract administration, threat assessments, compliance and different duties for authorized and monetary companies sectors. The platform is a customized resolution for shoppers deployed of their Microsoft Azure OpenAI cloud environments, guaranteeing shopper information stays protected and safe.

“The transformative energy of generative AI guarantees to alter organizations, enterprise fashions, and, in lots of instances, even complete industries. It additionally gives an unprecedented alternative for Canada to reshape its economic system for the higher, however provided that it is adopted quickly and responsibly, underpinned by belief and pushed by human ingenuity and experience. By leveraging our multi-disciplinary crew of AI advisors and technologists and upskilling all our professionals, we’re serving to organizations harness the ability of AI whereas safeguarding their information,” says Walter Pela, AI Consumer and Market Improvement Lead.

“We anticipate using generative AI to develop exponentially over the following few years. To speed up adoption of generative AI, it is essential for organizations to grasp methods to construction their information, maximize their use of AI applied sciences, and set up and implement guardrails to handle the dangers.”

KPMG was just lately ranked #1 in high quality rankings for AI Recommendation and Implementation by Supply Consulting. The agency has additionally been acknowledged as a pacesetter in IDC MarketScape’s Canadian AI Companies 2022 Vendor Evaluation and a pacesetter in AI companies in IDC’s MarketScape Worldwide Synthetic Intelligence Companies Vendor Evaluation 2023.

About KPMG in Canada

KPMG LLP, a restricted legal responsibility partnership, is a full-service Audit, Tax and Advisory agency owned and operated by Canadians. For over 150 years, our professionals have supplied consulting, accounting, auditing, and tax companies to Canadians, inspiring confidence, empowering change, and driving innovation. Guided by our core values of Integrity, Excellence, Braveness, Collectively, For Higher, KPMG employs greater than 10,000 folks in over 40 areas throughout Canada, serving private- and public-sector shoppers. KPMG is persistently ranked considered one of Canada’s prime employers and among the finest locations to work within the nation.

The agency is established beneath the legal guidelines of Ontario and is a member of KPMG’s world group of unbiased member corporations affiliated with KPMG Worldwide, a non-public English firm restricted by assure. Every KPMG agency is a legally distinct and separate entity and describes itself as such. For extra data, see kpmg.com/ca.

For media inquiries:

Roula Meditskos
Nationwide Communications and Media Relations
KPMG in Canada
(416) 549-7982
[email protected]

SOURCE KPMG LLP

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