Professional services leader EY recently announced the launch of EY.ai, a new platform leveraging artificial intelligence to assist clients in transforming operations. EY.ai amalgamates EY’s deep business experience, existing technology solutions, and an ecosystem of alliances into a unified offering for confidently implementing AI.
The launch follows EY investing $1.4 billion over the past 18 months towards embedding AI across offerings and securing related acquisitions. EY.ai combines proprietary tools like EY Fabric, used by over 60,000 clients, with leading cloud capabilities. The goal is making next-gen AI accessible for reshaping organizations.
A core component is upskilling EY’s over 300,000 employees on AI skills and ethical usage. Following a pilot with 4,200 technology staff, the firm is providing learning programs and credentials to elevate competencies. This includes access to a large language model called EYQ that captures broad knowledge.
The human-centered approach looks to augment teams across service lines spanning transactions, assurance, tax and more. EY believes AI marks an “industrial revolution for knowledge work”, requiring reimagining operating and business models. EY.ai provides the tools to capture AI’s transformative potential responsibly.
Underpinning the platform are assessment components like EY’s AI Confidence Index that evaluates risks and data governance. This combined with a maturity model and value accelerator shape how initiatives are prioritized based on client needs. EY.ai also embeds the latest generative AI into the EY Fabric backbone reaching 80% of revenue.
The launch includes previously released AI solutions such as an intelligent payroll chatbot that improves employee experience. EY Assurance leverages AI for predictive analytics, search, summarization and analysis. This combination of people and technology aims to enhance quality and empower augmented teams.
EY.ai additionally consolidates an ecosystem of alliances and startups collaborating on cutting-edge AI. Notable partners include Microsoft, providing early Azure AI access, as well as Dell, Thomson Reuters, IBM and more. This ecosystem facilitates linking advanced infrastructure to EY services and client priorities.
The commitment highlights EY’s belief that a human-first approach to AI implementation can drive exponential value. With trust and transparency foundations in place, EY.ai strives to make AI’s potential accessible for widespread change.