IBM Revolutionizes Consulting with AI-Powered IBM Consulting Advantage Platform
October 22, 2024IBM has unveiled an ambitious vision for the future of consulting, integrating human expertise with advanced software through its IBM Consulting Advantage platform.
The company announced a significant enhancement of IBM Consulting Advantage, which is an AI-powered delivery platform aimed at boosting consulting expertise.
A recent survey revealed that 86% of consulting buyers are looking for services that incorporate AI and technology assets, highlighting the growing demand for innovative consulting solutions.
The newly introduced Granite 3.0 large language models will be the default model for IBM Consulting Advantage, showcasing impressive performance across both academic and industry benchmarks.
The expansion of IBM Consulting Advantage includes enhanced capabilities for Cloud Transformation and Management, providing AI-driven strategies to optimize cloud investments and mitigate risks.
As part of its expansion, IBM plans to onboard 50 clients utilizing the new capabilities by the close of 2024, with a case study demonstrating a 60% reduction in invoice entry cycle time for a global retail client.
David Cushman from HFS Research emphasized that IBM Consulting Advantage improves consultant efficiency and client outcomes through the effective integration of AI.
The platform aims to empower IBM's 160,000 consultants to deliver greater client value at reduced costs across various applications, including customer service and IT modernization.
IBM Consulting Advantage for Business Operations is focused on transforming essential business functions such as HR and finance through AI, with the goal of simplifying operations and enhancing user experience.
Consultants can utilize IBM Consulting Advantage via a conversational interface powered by IBM watsonx, which facilitates the comparison of different generative AI models.
Summary based on 1 source
Get a daily email with more AI stories
Source
IBM Newsroom • Oct 21, 2024
IBM Expands Capabilities in IBM Consulting Advantage to Help Clients Maximize ROI of AI