AWS Provides Deloitte with Industry-Specific Artificial Intelligence, Cloud Solutions

With the use of AWS’s portfolio of cloud and generative AI capabilities, Deloitte can assist clients.

As part of the multi-year arrangement, Deloitte will assist clients in examining technologies that could improve their processes by utilizing AWS platforms like Bedrock and SageMaker.

The two organizations will open an innovation lab where engineers from their respective businesses may work together to develop industry-specific solutions for customers in the financial, industrial, and healthcare sectors.

The combined innovation lab will also investigate next-generation technologies, such as quantum machine learning and autonomous robotics, to determine their applicability to a client’s process.

Additionally, Deloitte and AWS have promised to provide money to aid customers with proofs of concept and production support.

With the most recent arrangement, their seven-year partnership gets extended. During that time, they provided cloud-based AI solutions to companies like TrueServe.

Ruba Borno, vice president of AWS’s global specialist and partner group, stated that “customers across industries are seeking to understand the full transformative potential of generative AI to generate value for their business.” “By combining technical and industry experience with the freedom and flexibility for customers to use a combination of different foundation models for their specific use cases, our partnership with Deloitte has accelerated industry innovation with customers.”

AWS tools, such as the machine learning development platform SageMaker and Bedrock, a fully managed service for creating foundation models, will be made available to Deloitte.

Deloitte will be able to take advantage of Braket, AWS’s cloud-based quantum technology, thanks to the partnership’s expansion into quantum computing.

Deloitte’s C-Suite AI is one of the initial products of this most recent collaboration.

Financial industry customers can create unique big language models with Amazon Bedrock to streamline business contract procedures and respond to questions from chief financial officers and other C-suite team members.

As an early adopter, Toyota Motors of North America enhanced dynamic pricing and parts forecasting by utilizing AWS’s machine learning and decision intelligence capabilities via Deloitte.

According to Deloitte, its most recent collaboration with AWS is consistent with its IndustryAdvantage program. The consultancy firm has set aside $2 billion to assist customers in creating cutting-edge technology solutions targeted at certain industries.

Chief commercial officer of Deloitte Consulting Dounia Senawi stated, “This initiative will usher the next generation of this promising technology into production and help improve the operational efficiencies of the enterprise.”

“We are leveraging Deloitte’s IndustryAdvantage by offering an industry-specific perspective to each of our clients. This shows that we can leverage potent technologies like generative AI to boost worker productivity, gain a competitive edge in the marketplace, and enhance end-user satisfaction, ” Dounia continues.

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