Microsoft and KPMG enter partnership of 5 billion dollars

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Microsoft has announced a new partnership with KPMG. The accounting giant will use Microsoft’s cloud services. The deal will comprise 5 billion, according to sources.

KPMG is a big catch for Microsoft, as the company is known as one of the “Big Four” accountancy organisations. The other three are Deloitte, Ernst & Young and PricewaterhouseCoopers.

As part of the new partnership, KPMG plans to roll out services such as Microsoft 365 and Dynamics 365 to members and customers. These products will become the first choice in terms of collaboration and productivity tools for the 207,000 KPMG employees in 153 countries around the world.

KPMG also plans to use Microsoft Azure and Azure AI cloud services as the basis for a global, cloud-based computing platform that the company intends to establish. This platform should help the accounting giant to create new opportunities in the field of artificial intelligence (AI), cyber security and robotic process automation (RPA).

Another victory for Microsoft

Previously, Microsoft had already won the JEDI contract, a 10-year contract with the Pentagon. At the time, Amazon Web Services was still protesting against President Trump’s alleged interference in the trial.

As part of their partnership, Microsoft and KPMG are also financing an incubator to support the transformation of cloud companies, intelligent business applications and smart workplace solutions. This should eventually lead to the development of new tools for organisations in the healthcare and life sciences sectors. This should improve clinical, operational and financial performance. The companies also announced that a new risk management, compliance and internal auditing tool will be introduced to digitise risk and compliance processes.

“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,” Microsoft CEO Satya Nadella said.