EY puts AI at centre of consulting services as tech transformation demand surges
Embedding AI into an organisation can lead to a 65% growth in revenue but only half of Australian companies have an AI plan.
EY is putting AI at the centre of its advisory services to clients as the technology boom increasingly leaves unprepared businesses at risk of losing revenue.
The consulting firm has been helping clients move from AI experimentation to embedding the technology across systems, decision-making and service delivery and demand has ramped up for advice on enterprise-grade AI transformation.
EY global chief innovation officer Joe Depa told Capital Brief the consulting firm is advising clients to start preparing for future growth, which will require AI.
He said businesses are being told to ensure they've "got a responsible AI framework embedded into everything you do now, right from the ground up and you have to make sure that you've got responsible AI policies and procedures and methods".
