How are IBM and Microsoft collaborating on procurement tech?
The partnership will help their joint clients accelerate the deployment of generative AI, and also provide a new offering of expertise and technology to innovate their business processes and also scale generative AI effectively.
Helping clients implement and scale Gen-AI
The focus of the project is to help clients implement and then scale the Azure Open AI service.
It is part of a series of offerings that IBM and Microsoft have been collaborating around AI, leveraging IBM Consulting skills and Azure OpenAI Service with the target of developing potential solutions and tackle specific use cases.
How is the AI technology being used by IBM and Microsoft
Their Procurement and source to pay solution combines Microsoft Power Platform and Azure OpenAI Service to help businesses automate the repetitive, manual and fragmented sourcing and procurement process. The technology also aims to drive new insights about their supply chains, improve operational efficiency, save time, and generate new actionable insights.
They are also working on summarisation and content generation, streamlining healthcare processes, and enterprise search.
"Businesses are looking for responsible ways to adopt and integrate multi-model generative AI solutions that augment the work their teams are doing in areas such as creative content and code creation, content summarization and search," said Francesco Brenna, Global VP & Senior Partner, Microsoft Practice at IBM Consulting. "Our work with Microsoft is another example of IBM's open ecosystem model designed to bring value to clients while helping them responsibly build and scale generative AI across their businesses."
"Together, Microsoft and IBM are collaborating to deliver innovative solutions that will help customers responsibly accelerate deployment of generative AI," said Dinis Couto, GM Global Partner Solutions, Microsoft. "As a leader in the delivery of generative AI and data solutions, we believe that partners like IBM are critical to enabling customers successful use of generative AI to advance business transformation."
Learn more about the partnership here
*************************************************
For more insights into Procurement & Supply Chain - check out the latest edition of Procurement Magazine and be sure to follow us on LinkedIn & Twitter
Other magazines that may be of interest - Supply Chain Magazine | Sustainability Magazine
Please also check out our upcoming event - Procurement & Supply Chain LIVE in London at the BDC on Sept 26/27th 2023
*********************************************
BizClik is a global provider of B2B digital media platforms that cover 'Executive Communities' for CEOs, CFOs, CMOs, Sustainability Leaders, Procurement & Supply Chain Leaders, Technology & AI Leaders, Cyber Leaders, FinTech & InsurTech Leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare + Food & Drink.
BizClik, based in London, Dubai & New York offers services such as Content Creation, Advertising & Sponsorship Solutions, Webinars & Events.
