Artificial Intelligence platform as the engine for AI to power transformation
KPMG LLP has been granted a patent by the United States Patent and Trademark Office for KPMG Ignite, its artificial intelligence (AI) platform and capabilities. KPMG’s new patent – U.S. patent 10,846,341 – is a core component of KPMG Ignite, which enables rapid AI solution development and delivery by enhancing, accelerating and automating decisions and processes that drive growth, manage risk and optimize cost.
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Ignite enhances the value of our alliances with a number of our strategic partners. It integrates with, and augments, their technologies to enable intelligent, cloud-based solutions to advance our clients’ digital transformation initiatives.
The platform brings together machine learning, deep learning and natural language processing – as well as document ingestion and OCR capabilities – applying them to structured and unstructured data, voice and images. The platform enables KPMG’s resources to provide proprietary capabilities, accelerate development of solutions, and “time to market.” And by leveraging the firm’s relationships with leading technology companies, KPMG can supplement these solutions with advanced data and analytics applications, enterprise systems and end user interfaces to help clients digitally transform their enterprises.
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“Given all the uncertainty created by COVID-19, organizations need to analyze how to effectively navigate through disruption, and prepare for various business contingencies. They can do this best by leveraging a stronger forecasting and modeling approach – powered by AI-driven analysis,” said John Lee, KPMG Ignite co-inventor and managing director, Data and Analytics at KPMG US.
KPMG Ignite helps our clients to swiftly adapt to potential emergencies such as COVID-19 by using intelligent automation to accelerate and enhance their operations, through sophisticated data and analytics and AI.
In addition to John Lee, KPMG Ignite was co-invented by the KPMG team of Timothy Cerino, Justin Edwards, James Gardner and Ricardo Manuel Ramos Dos Santos Neves, under the direction of the KPMG Ignite global product owner, Traci Gusher.
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