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EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate. Discover how EY insights and services are helping to reframe the future of your industry. How digital twin technology powers the future at Xcel Energy How Bristol Myers Squibb overhauled working capital to fund its future How St James’s Hospital's journey to cloud transformed cancer care
As one of the largest professional services organizations in the world, EY needs to stay ahead of the curve with AI. With technological change happening so quickly, what’s the best strategy for this seismic shift? EY deployed Microsoft 365 Copilot to more than 150,000 employees worldwide. This encouraged AI adoption for daily work in a familiar environment. Then, with Copilot Studio, employees learned to build their own agents to accelerate productivity. EY is laying the groundwork for the agentic frontier, where humans direct teams of agents that run entire business processes and workflows, checking in as needed, and reviewing work for quality and business value.
Businesses everywhere stand at the edge of a seismic shift, where humans and machine intelligence collaborate to discover new possibilities. Given its scale and influence in the professional services world, EY is reinvesting to empower its people so that they can help clients seize the moment and stay ahead of the curve. “The stakes are high right now for our clients and for EY, particularly around the area of measuring and managing the value of AI,” says Edwina Fitzmaurice, Global Innovation Market Activation Leader at EY. EY has announced the launch of EY.ai, a unifying platform that brings together human capabilities and AI to help clients transform their businesses through confident and responsible adoption of AI. The platform, EY says, leverages leading-edge EY technology platforms and AI capabilities, with deep experience in strategy, transactions, transformation, risk, assurance and tax, all augmented by a robust AI ecosystem. EY investments of US$1.4bn have provided the foundation for the EY.ai platform.
These investments have supported the embedding of AI into proprietary EY technologies like EY Fabric, used by 60,000 EY clients and more than 1.5 million unique client users, as well as helping secure a... “AI’s moment is now,” Carmine Di Sibio, EY Global Chairman and CEO, says. “Every business is considering how it will be integrated into operations and its impact on the future. However, the adoption of AI is more than a technology challenge. That's why EY teams help clients identify how to capture the transformative power of AI from every seat at the boardroom table and across the enterprise. It’s about unlocking new economic value responsibly to realise the vast potential of this technological evolution.”
EY is helping to realise the potential of EY people with AI knowledge and skills. Following an initial pilot with 4,200 EY technology-focused team members, the global organisation will be releasing a secure, large language model called EY.ai EYQ. In addition, EY will roll out bespoke AI learning and development for EY people. Personal interpretation and synthesis of EY's AI initiatives... EY has been consistently dominating headlines and industry conversations with its bold and unwavering focus on artificial intelligence (AI). Driven by sheer curiosity to understand the depth of their initiatives, I embarked on a journey to piece together the unfolding EY AI story, drawing from recent articles and insightful LinkedIn posts from EY's...
What follows is my personal interpretation and synthesis of their efforts, a narrative constructed from publicly available information. It's important to note that these are my own observations and points, and may not encompass the entirety of EY's official perspective. Furthermore, this is a dynamic and rapidly evolving space, and this compilation may not be entirely comprehensive. However, if you, the reader, uncover additional pieces of this fascinating puzzle, I implore you to share them. Together, we can illuminate EY's ambitious AI journey and make it known to the world! EY embarked on its AI journey with a clear and ambitious vision: to not just adopt AI, but to fundamentally transform how businesses operate.
Their ambition centered around three core pillars: building confidence in AI through robust frameworks and governance, creating exponential value by optimizing performance and experiences, and augmenting people potential through seamless human-AI collaboration. This vision laid the groundwork for a comprehensive AI strategy. LONDON, Sept. 13, 2023 /PRNewswire/ -- The global EY organization (EY) today announces the launch of EY.ai, a unifying platform that brings together human capabilities and artificial intelligence (AI) to help clients transform their businesses through... EY.ai leverages leading-edge EY technology platforms and AI capabilities, with deep experience in strategy, transactions, transformation, risk, assurance and tax, all augmented by a robust AI ecosystem. EY investments of US$1.4b have provided the foundation for the EY.ai platform.
These investments have supported the embedding of AI into proprietary EY technologies like EY Fabric, used by 60,000 EY clients and more than 1.5 million unique client users, as well as helping secure a... Carmine Di Sibio, EY Global Chairman and CEO, says: "AI's moment is now. Every business is considering how it will be integrated into operations and its impact on the future. However, the adoption of AI is more than a technology challenge. That's why EY teams help clients identify how to capture the transformative power of AI from every seat at the boardroom table and across the enterprise.
It's about unlocking new economic value responsibly to realize the vast potential of this technological evolution." EY is helping to realize the potential of EY people with AI knowledge and skills. Following an initial pilot with 4,200 EY technology-focused team members, the global organization will be releasing a secure, large language model called EY.ai EYQ. In addition, EY will roll out bespoke AI learning and development for EY people. In a significant leap for artificial intelligence, Ernst & Young (EY) announces the launch of EY.ai, a groundbreaking platform designed to bolster organizations’ confidence in AI adoption. This platform, backed by a staggering US$1.4b investment, converges human insight with state-of-the-art AI, aiming to support clients as they embark on transformative business ventures.
Carmine Di Sibio, EY Global Chairman and CEO, accentuates the urgency and relevance of AI in today’s business landscape: “AI’s moment is now. Every business is considering how it will be integrated into operations and its impact on the future.” He elaborates on the holistic approach EY embodies, highlighting that”unlocking new economic value responsibly” is paramount in harnessing AI’s transformative power. In its ongoing commitment to fostering AI expertise, EY has initiated a learning program to elevate its team’s AI proficiencies. This move follows a successful pilot involving 4,200 EY technology-focused team members and will introduce the expansive language model, EY.ai EYQ.
It also seeks to expand on the already established AI and analytics curriculum from 2018 and the EY Tech MBA launched in 2020. Multinational consultancy Ernst & Young (EY) said generative AI (genAI) is “radically reshaping” the way it operates, and the company boasts a 96% adoption rate of the technology by employees. After spending $1.4 billion on a customized generative AI platform called EY.ai, the company said the technology is creating new efficiencies and allowing its employees to focus on higher-level tasks. Following an initial pilot with 4,200 EY tech-focused team members in 2023, the global organization released its large language model (LLM) to its nearly 400,000 employees. Even so, the company’s executive leadership insists it’s not handing off all of its business functions and operations to an AI proxy and that humans remain at the center of innovation and development. Looking to the future, EY sees the next evolution as artificial general intelligence (AGI) — a neural network that will be able to think for itself and capable of performing any intellectual task a...
Computerworld interviewed Saiz about how genAI is changing the way the company operates and how its employees perform their jobs. You launched EY.ai a year ago. How has that transformed your organization? What kinds of efficiencies and/or productivity gains have you seen? “Over the past year, we’ve harnessed AI to radically reshape the way we operate, both internally and in service to our clients. We’ve integrated AI into numerous facets of our operations, from enhancing client service delivery to improving our internal efficiencies.
Teams are now able to focus more on high-value activities that truly drive innovation and business growth, while AI assists with complex data analysis and operational tasks. How do the knowledge leaders learn about AI? UNLEASH sits down for an exclusive interview with Raj Sharma, EY Global Managing Partner of Growth and Innovation, to get the full story. One of the world's largest consultancies, EY, is going 'all in' on its AI strategy through a $1.4 billion investment. Upskilling has played a crucial role in preparing EY's 400,000-strong global workforce for the AI era. UNLEASH speaks exclusively to Raj Sharma, EY Global Managing Partner of Growth and Innovation, to get the inside story of the consultancy giant's AI strategy.
Going ‘all in’ is often a calculated risk – even the surest of hands isn’t a guaranteed winner, but when it comes to AI and the future of work, organizations are becoming more confident... EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate. Discover how EY insights and services are helping to reframe the future of your industry. How digital twin technology powers the future at Xcel Energy How Bristol Myers Squibb overhauled working capital to fund its future
How St James’s Hospital's journey to cloud transformed cancer care
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EY Helps Clients Create Long-term Value For All Stakeholders. Enabled
EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate. Discover how EY insights and services are helping to reframe the future of your industry. How digital twin technology powers the future at Xcel Energy How Bristol Myers Squibb overhauled working capita...
As One Of The Largest Professional Services Organizations In The
As one of the largest professional services organizations in the world, EY needs to stay ahead of the curve with AI. With technological change happening so quickly, what’s the best strategy for this seismic shift? EY deployed Microsoft 365 Copilot to more than 150,000 employees worldwide. This encouraged AI adoption for daily work in a familiar environment. Then, with Copilot Studio, employees lea...
Businesses Everywhere Stand At The Edge Of A Seismic Shift,
Businesses everywhere stand at the edge of a seismic shift, where humans and machine intelligence collaborate to discover new possibilities. Given its scale and influence in the professional services world, EY is reinvesting to empower its people so that they can help clients seize the moment and stay ahead of the curve. “The stakes are high right now for our clients and for EY, particularly aroun...
These Investments Have Supported The Embedding Of AI Into Proprietary
These investments have supported the embedding of AI into proprietary EY technologies like EY Fabric, used by 60,000 EY clients and more than 1.5 million unique client users, as well as helping secure a... “AI’s moment is now,” Carmine Di Sibio, EY Global Chairman and CEO, says. “Every business is considering how it will be integrated into operations and its impact on the future. However, the adop...
EY Is Helping To Realise The Potential Of EY People
EY is helping to realise the potential of EY people with AI knowledge and skills. Following an initial pilot with 4,200 EY technology-focused team members, the global organisation will be releasing a secure, large language model called EY.ai EYQ. In addition, EY will roll out bespoke AI learning and development for EY people. Personal interpretation and synthesis of EY's AI initiatives... EY has b...