The participation agreement signed today between KPMG Australia and IBM Australia extends existing agreements in the US and the UK, with likely other member companies to follow. Kristin Silva Head of Communications, KPMG T: 02 9335 8562 / 0411 110 953 E: firstname.lastname@example.org limited liability by a system approved under professional standards. How good is the design, user experience and ease of use of the solution? How fast can it be used? “We believe we are one step closer to a turning point where the use of automation, machine learning and data analytics tools will dramatically improve the range of performance and depth of knowledge we can offer our customers. Today`s announcement complements the company`s focus on innovation and disruption,” said Ken Reid, National Managing Partner for Innovation at KPMG Australia. “We have strengthened our skills in a number of new technologies through acquisitions. We recently launched a new practice, Solution 49x, to help customers use the performance of cognitive and artificial intelligence. And we have formed a number of important strategic alliances locally and globally,” he added. How unique has the approach of solving a long-standing or intractable problem been? Auditing is particularly suitable for cognitive technologies, as it is increasingly important to manage huge amounts of structured and unstructured data related to a company`s financial and non-financial information. The exponential data analysis functions of cognitive technology can change the way critical decisions are made and the level of security that can be provided. Duncan McLennan, National Managing Partner of Audit at KPMG in Australia, said: “Data and analytical techniques are already changing auditing by enabling the analysis of much larger amounts of data than traditional samples from which conclusions can be drawn. Cognitive technology will allow us to build on these advances in data and analysis. You will be a game changer of how the value of audits is perceived by the market. KPMG`s use of IBM Watson technology will accelerate teams` ability to analyze and respond to financial and operational data critical to the health of organizations and capital markets. Cognitive technology enables better collaboration between humans and systems and enables natural language communication and analysis of huge amounts of data to provide faster insights.
Watson integrates machine learning and other artificial intelligence technologies into a scalable system that can be accessed through a number of applications. Does the solution address a high priority area? Is it achieving its objective effectively and effectively? Is it possible to scale it? It focuses on audit and assurance services. KPMG intends to introduce cognitive technologies into these and other offerings to further strengthen the focus on quality and knowledge. To what extent has the idea been fully implemented? Can it have an effect on the ground? Can it be transferred to another location? All winners will receive an invitation to the Call for Code Global Award Announcement and support from the Linux Foundation. Each member of the student team has the opportunity to have a job interview for a potential position at IBM. Submissions are evaluated in the same way based on 4 main criteria that evaluate whether the solution solves a real problem and effectively uses technology. KPMG has announced plans to further enhance its cognitive capabilities and apply IBM Watson`s computer technology to a number of its professional services in Australia. .
Call for Code, created by David Clark Cause and supported by ibm, the United Nations` charitable partner for human rights – invites developers and problem solvers to develop solutions that tackle societal problems. . . .