EY Introduces EY.ai: Revolutionizing Business Transformation with Human-AI Fusion

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UPDATED: May 1, 2024 4:43 PM

LONDON — The global professional services firm EY has launched EY.ai, a groundbreaking platform merging human expertise with artificial intelligence (AI) to empower clients in embracing AI-driven transformation responsibly. EY.ai integrates cutting-edge technology platforms and extensive AI capabilities with deep expertise in strategy, transactions, transformation, risk, assurance, and tax. These capabilities are enriched by an expansive AI ecosystem, with substantial investments totaling US$1.4 billion laying the foundation for the platform. Carmine Di Sibio, EY Global Chairman and CEO, emphasizes the importance of capturing the transformative power of AI across enterprises, underscoring EY’s commitment to unlocking new economic value responsibly.

Elevating Workforce AI Skills EY’s commitment to harnessing its workforce’s potential through AI knowledge and skills is exemplified by the introduction of EY.ai EYQ, a secure, large language model. The global organization is launching tailor-made AI training and development programs for its employees, designed to elevate and expand their AI skills responsibly. This initiative builds upon the success of existing AI, data, and analytics learning programs, with over 100,000 credentials awarded to date, as well as the EY Tech MBA program introduced in 2020.

Fostering an AI Ecosystem EY.ai serves as a hub for a dynamic AI ecosystem, uniting business, technological, and academic partners in the AI realm. Strategic alliances with global innovation leaders such as Dell Technologies, IBM, Microsoft, SAP, ServiceNow, Thomson Reuters, and UiPath, as well as collaborations with emerging AI pioneers, underscore EY’s commitment to shaping the future of AI technology. Leveraging early access to Azure OpenAI capabilities granted by Microsoft, EY teams are actively developing advanced Generative AI solutions. Additionally, EY’s alliance with Dell Technologies focuses on investing in AI-focused capabilities, including Dell Generative AI Solutions.

Anchored by AI-Powered Solutions and Services EY.ai introduces the EY.ai Confidence Index, drawing upon industry-leading practices in risk management, governance, and data management to provide comprehensive AI evaluation and monitoring. Complemented by the EY.ai Maturity Model and the EY.ai Value Accelerator, these tools aid enterprises in assessing their AI standing, prioritizing initiatives, and accelerating growth. EY.ai’s expanding portfolio includes solutions such as the EY Intelligent Payroll Chatbot, developed in collaboration with Microsoft, and new AI-enabled capabilities in EY Assurance technology.

A Vision for AI Ethics and Responsibility EY is exploring joint research opportunities with the University of Southern California’s School of Advanced Computing, aligning with the university’s Frontier of Computing initiative. This collaboration underscores EY’s commitment to advancing AI technology guided by ethics and responsibility. The launch of EY.ai will be supported by an integrated marketing program themed ‘The Face of the Future,’ highlighting how EY professionals are empowered by AI to deliver exponential value and make a positive human impact.

For more information, visit ey.ai

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