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IBM and Microsoft Unite to Boost Business Impact of Generative AI Solutions.

In Brief

IBM is intensifying its collaboration with Microsoft to hasten the rollout of generative AI solutions for their mutual enterprise clientele.

IBM Consulting and Microsoft have launched a new service known as the IBM Consulting Azure OpenAI Service.

This comprehensive AI service is now accessible through the Azure Marketplace, enabling developers and data scientists to leverage powerful tools. language models like GPT and Codex series.

In a bold move, IBM has announced an expansion of its partnership with Microsoft, aimed at speeding up the adoption of generative AI technology for their shared enterprise customers.

Both companies are set to unveil a new solution designed to provide clients with the critical skills and technologies necessary to refine their operations and enhance their generative AI capabilities.

Partnering with Microsoft, IBM Consulting is dedicated to assisting clients in both the adoption and growth of the Azure OpenAI Service, facilitated through the newly launched offering. IBM Consulting Azure OpenAI Service solution.

According to the information shared by the company, this fully managed AI service will empower developers and data scientists to utilize significant large language models, including both the GPT and Codex series. This initiative is focused on helping businesses devise a strategic adoption plan while pinpointing unique and beneficial use cases for generative AI.

Clients in the enterprise sector will also benefit from access to IBM Consulting’s vast team of specialists. This team is comprised of 21,000 consultants with expertise in data, AI, and customer experience, who are ready to support the integration of generative AI models to fuel transformation within businesses. A Center of Excellence dedicated to generative AI, housing more than 1,000 experts with specialized knowledge in this area. .

IBM Consulting recently announced Potential Applications of IBM-Microsoft Azure OpenAI Service

The companies have announced a broad collaboration aimed at developing innovative use cases for AI, such as:

Procurement Enhancement: This solution aims to integrate Microsoft Power Platform with Azure OpenAI Service, enhancing sourcing and procurement processes. It provides insights into supply chain dynamics, thereby increasing efficiency, saving time, and generating actionable insights.

  • Content Summarization for Finance: Financial institutions will be empowered to utilize generative AI for quicker, personalized content creation. A recent hackathon highlighted the collaboration between IBM Consulting, Microsoft, and Julius Baer Group, which showcased the ability to efficiently summarize financial reports and even generate audio versions.
  • Automating Healthcare Processes: IBM Consulting plans to leverage Azure OpenAI Service to streamline the prior authorization processes in healthcare. This system analyzes intricate medical records and policy documents, speeding up requests. Additionally, a virtual assistant will assist healthcare professionals in gathering information from patient records, thereby enhancing experiences and alleviating administrative burdens.
  • IBM Consulting and Microsoft have collaborated to address the challenge of decentralized information across organizations. This partnership has led to the implementation of a knowledge extraction tool at Wintershall Dea, a leading company in the gas and oil sector.

By merging Optical Character Recognition (OCR) with Microsoft Azure OpenAI, this tool optimizes information retrieval from extensive knowledge repositories, eliminating the need for manual searches.

IBM's generative models are now accessible on Azure Marketplace, providing data readiness for users. They can deploy this technology directly on Azure, reinforcing the strong partnership between IBM and Microsoft as they drive business transformations.

According to IBM Consulting, their global Azure Data and AI practice has trained its consultants, resulting in over 40,000 Azure certifications.

"Together, Microsoft and IBM are working to deliver cutting-edge solutions to help businesses responsibly and effectively adopt generative AI,\" stated Dinis Couto, GM Global Partner Solutions at Microsoft. As leaders in the provision of cloud and data solutions, we recognize that partners like IBM are essential for enabling our customers to successfully implement generative AI to propel business transformation.

Please be aware that the information on this page does not constitute legal, tax, investment, financial, or any other type of advice. It’s vital to only invest money that you can afford to lose and to seek independent financial counseling if you have any uncertainties. We recommend reviewing the terms and conditions along with the help and support resources provided by the issuer or advertiser. MetaversePost is dedicated to delivering accurate and impartial reporting, but please note that market conditions can shift without prior notice. generative AI Cindy, a dedicated journalist at Metaverse Post, explores the realms of web3, NFTs, the metaverse, and AI, focusing on interviews with key figures in the Web3 industry. She has interviewed more than 30 C-level executives, sharing their invaluable insights with readers. Originally hailing from Singapore, Cindy is currently based in Tbilisi, Georgia, with a Bachelor’s degree in Communications & Media Studies from the University of South Australia and a wealth of experience spanning a decade in journalism and writing.

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