KPMG and Microsoft have expanded their global partnership to reshape professional services across various areas, including workforce modernisation, secure development, and AI solutions. The collaboration involves a multibillion-dollar commitment from KPMG in Microsoft Cloud and AI services over the next five years, potentially unlocking over $12 billion in growth opportunities for KPMG.
The partnership aims to enhance client engagements, empower KPMG’s global workforce of 265,000 professionals, and address the evolving AI landscape. Key focus areas include audit, tax, advisory, and ESG agendas. The collaboration will drive innovation, profitability, and sustainability while contributing to social impact initiatives such as education and carbon accounting reliability.
Bill Thomas, Global Chairman and CEO, KPMG International, said: “Our renewed and strengthened relationship with Microsoft is an exciting moment for our people and our clients. It will help harness the power of our multidisciplinary model by ensuring that our people always have the right expertise, skills, and tools to overcome challenges and provide the very best advice to clients. It will also help make KPMG a more agile and resilient business that continues to be an interesting and exciting place to work.
Satya Nadella, Chairman and CEO, Microsoft, said: “We have a real opportunity to apply this next generation of AI to help transform every industry, including professional services. Our expanded partnership with KPMG will bring together AI innovation across the Microsoft Cloud with KPMG’s tax, audit and advisory expertise to empower its employees and unlock insights for its customers.”
On the other hand, Salesforce will increase list prices by an average of 9% across Sales Cloud, Service Cloud, Marketing Cloud, Industries, and Tableau in August. This is the first price increase in seven years, following 22 new releases, thousands of features, and over $20 billion invested in research and development. Salesforce leads in providing trusted generative AI solutions for businesses globally.
The new list prices, effective August 2023, include $80 USD for Professional Edition (up $5), $165 USD for Enterprise Edition (up $15), and $330 USD for Unlimited Edition (up $30). Similar adjustments will apply to Industries, Marketing Cloud Engagement and Account Engagement, CRM Analytics, and Tableau.
Source – Microsoft, Salesforce
