KPMG teams up with Dataiku to streamline enterprises’ AI rollouts
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KPMG, the Big Four firm, has teamed up with software vendor Dataiku to help companies speed up their AI and data science projects.
KPMG is one of the world’s largest professional services networks. Dataiku, in turn, is a venture-backed startup that makes software for data scientists and AI developers. Though it’s not as well known as some of the other players in this vertical, the company is a fairly well-established market player: Dataiku’s annual sales passed $150 million in 2021 and it counts Google as an investor.
The first objective of KPMG’s alliance with the software vendor is to help companies move their analytics environment to the cloud. The emphasis will no doubt be on using Dataiku’s data science capabilities to support such projects. As part of its platform, the software vendor provides features for cleaning datasets and visualizing them in dashboards. There’s also a what-if analysis tool that companies can use to compare the different ways of carrying out a business move, such as a market expansion, and determine which one would be optimal.
AI is the other major focus of the KPMG-Dataiku partnership. Last year, Dataiku launched a product called LLM Mesh that can reduce the amount of time necessary to integrate large language models into enterprise applications. The offering also includes features for filtering any irrelevant output that may be generated by those models.
“Our alliance with KPMG not only addresses the technological needs of modern enterprises to meet their business goals, but also ensures that these advancements are implemented in a secure and compliant manner,” remarked David Tharp, the Dataiku executive in charge of the company’s ecosystem partnerships.
In both data science and AI engagements, KPMG will work with companies to identify cost optimization opportunities. The focus will be on helping clients make the most out of the discounts offered by the top cloud operators. In some cases, those discounts can shave a sizable percentage off the monthly hardware bill associated with a Dataiku-powered analytics or AI environment. However, navigating cloud providers’ price reduction options can be quite complicated, which is where KPMG plans to come into the picture for clients.
“Enterprises that want to fully unlock the transformative potential of AI need to tackle comprehensive platform modernization, and integrate advanced analytics with cloud-native data architectures,” Sreekar Krishna, the head of AI at KPMG US, remarked in a prepared statement.”