IBM Revolutionizes Consulting with AI-Powered IBM Consulting Advantage Platform

October 22, 2024
IBM Revolutionizes Consulting with AI-Powered IBM Consulting Advantage Platform
  • IBM 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


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