Grant Thornton partners with Hitachi Solutions to deliver 'business foresight'
Accounting and consulting firm Grant Thornton has partnered with Hitachi Solutions and Microsoft to “turn information into foresight,” according to a release from the consultancy.
The collaboration will leverage AI and machine learning to identify client business needs before they balloon, allowing Grant Thornton to better address client challenges with cutting-edge solutions. As one of the globe’s largest consultancies, the firm regularly works with clients to solve financial, operational, technological, and risk-related challenges.
“We focus on staying ahead of our clients’ needs,” Nichole Jordan, Grant Thornton’s national managing partner of markets, clients and industry, said. “Our clients face obstacles that didn’t even exist five years ago – and we want to help them model, forecast and overcome these obstacles. That’s why we’re embracing potent tools like AI and ML.”
Hitachi Solutions will provide its deep expertise in working with enterprise solutions Microsoft Azure and Microsoft Dynamics 365. This will let Grant Thornton apply AI and machine learning tools across Azure, 365, and LinkedIn Sales Navigator in order to build broader customer relationships, monitor business changes around the clock, and glean valuable client insights.
The collaboration will also incorporate advanced risk-sensing tools developed Hitachi Solutions’ Capax Global. Hitachi acquired cloud and data solutions firm Capax earlier this year; the company was a Microsoft Azure specialist, with deep capabilities in cloud application development, data platform modernization, big data, machine learning, and advanced analytics.
“We appreciate Grant Thornton’s focus on bringing more value to its clients, using intelligent technologies to create predictive models,” Sharan Hildebrand, senior vice president of sales and strategy at Hitachi Solutions, said. “Helping Grant Thornton’s clients gain outside-in expertise – analyzing a sea of data in real time to achieve their goals – has truly unlimited benefits.”
Management consultancies regularly partner with technology firms to either develop custom solutions for their clients, or to help implement new IT/digital transformation strategies.
Grant Thornton worked with Microsoft last year to bring AI and other emerging technology to federal agencies, with an emphasis on optimized financial reporting and internal auditing procedures.