KPMG to invest US$5 billion in its digital strategy

KPMG to invest US$5 billion in its digital strategy
Firm will implement Microsoft 365, Teams, Azure and AI services as part of five-year agreement

Elly Yates-Roberts |

Consultancy firm KPMG is to invest US$5 billion in its digital strategy. As part of a five-year agreement, it will implement Microsoft 365, Teams, Azure and artificial intelligence (AI) services. 

KPMG will use Microsoft Azure and its AI capabilities to create a cloud-based platform for new audit capabilities, tax solutions and risk management. Clients in all industries will be able to benefit from efficient service delivery and leading compliance and security standards.

Microsoft and KPMG are also developing a portfolio of cloud business and smart workplace solutions through a jointly funded incubator. One such project is enabling healthcare and life sciences companies to leverage Azure for improved clinical, operational and financial performance by making better use of data. 

The partnership will also see KPMG enhance its smart audit platform KPMG Clara with AI and Teams, giving users a secure platform to share information, communicate and leverage real-time data. 

“Together with KPMG, we’re accelerating digital transformation across industries by bringing the latest advances in cloud, AI and security to highly regulated workloads in tax, audit and advisory,” said Satya Nadella, CEO of Microsoft. “KPMG’s deep industry and process expertise, combined with the power of our trusted cloud — spanning Azure, Dynamics 365 and Microsoft 365 — will bring the best of both organisations together to help customers around the world become more agile in an increasingly complex business environment.”

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