KPMG partners with Verizon to bring private 5G to KPMG Lakehouse

KPMG

A new generation for mobile connectivity with 5G and beyond

Next-gen Mobile Networks

Verizon

Companies that develop hardware and equipment for mobile service providers and enterprises to build, maintain and optimize private 5G/6G networks, including switches, antennas, microchips, and routers

KPMG and Workiva partners for  enhanced alliance to deliver environmental, social, and governance (ESG) focused solutions and services.

Workiva

The partnership will empower organizations to harness treasury technology quickly, automate manual processes, reduce dependency on spreadsheets and improve cost efficiency.

IBSFINtech

KPMG will form part of Astra's Decentralized Legal Network (DLN) of legal and compliance experts performing KYC services

Providing AI-driven market intelligence and workflow automation to give firms an edge

Capital Markets Tech

Astra

Platforms that help companies meet anti-money laundering requirements and provide identity verification tools such as KYC checks.

During the collaboration, the NC department will utilize KPMG’s Resource Integration Suite Connected Platform, which is founded in Red Hat’s OpenShift program, to unite disparate healthcare functions, evolve the current Medicaid software and give the state’s citizens a more accessible interface

NC Department of Health and Human Services

BM Technologies engages KPMG LLP as Independent Registered Public Accounting Firm.

BM Technologies

KPMG Lower Gulf has announced a strategic partnership with Microsoft, Informatica and Snowflake to enable clients to leverage their data, with artificial intelligence (AI), machine learning and other new technologies to deliver growth, efficiency, and competitive advantage.

Data Infrastructure & Analytics

Microsoft

Solutions to unify data from disparate sources by extracting, transforming, loading, and storing data in a usable form (such as in data warehouses) for further analysis.

Informatica

Snowflake

To implement advanced cyber solutions and services in the UAE.

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

Companies that support businesses with AI-based cybersecurity platforms and human resources for 24/7 threat monitoring and response.

The FMBT team provides accounting and tax services, as well as management consulting and financial planning services to its clients.

FMBT

The alliance is designed to help KPMG´s clients accelerate the digitalization of their entire contract lifecycle encompassing supplier and client mandates.

Sirion

The partnership gives clients a single cloud-based platform solution for VAT compliance and reporting across multiple countries.

Sovos

The addition of the DayOne Consulting teams enhances the firm's existing technology, data, digitization, and automation offerings by providing the complete Workday management system including finance, human resources, payroll, and scheduling.

Day One Consulting

KPMG announces the acquisition of Fortica, a Quebec-based company with an excellent reputation in the market and specializing in the deployment of cybersecurity strategies and best practices with dedicated cloud expertise.

Fortica

Companies that provide platforms and technologies to protect enterprise data and infrastructure in the cloud from internal and external threats.

Construction project and cost consultancy firm KMCS has been acquired by KPMG.

KMCS

Rubicon Red’s team to provide specialist skills in intelligent automation, data engineering and software integration to mid-market organisations.

Rubicon Red

Bentley University is working with Big Four accounting firm KPMG to develop curriculum for a new Master’s in Accounting program with a focus on analytics.

Bentley University

Shamrock Ventures, B.V.

BP Energy Partners

Neglected Climate Opportunities

Equinor Ventures

i(x) investments

ContextLabs

The two parties will collaborate by integrating Laiye's AI-powered RPA technology with KPMG's professional services to empower more enterprises to realize Intelligent Automation.

Laiye

KPMG Australia has acquired Oracle platinum partner Certus Asia Pacific.

Certus APAC

KPMG Spark to use Bill.com For automated bill pay services.

BILL

WE Impact

NHS Digital has chosen KPMG to be its “innovation partner” in the field of cybersecurity.

NHS Digital

Together, KPMG and Alteryx will leverage their knowledge and experience in shaping data strategies and delivering broad digital transformation initiatives to speed automation outcomes, modernize tax functions and establish governance and security.

Alteryx

Solutions that enable businesses to carry out data processing and create ML models on the underlying data for predictive analysis.

KPMG and IntellectEU partner for providing business and industry insights to launch blockchain app.

Bringing the benefits of blockchain to the enterprise

Enterprise Blockchain Solutions

IntellectEU

Companies and protocols that offer industry and context specific blockchain-based solutions for enterprise applications

The new partnership offers customers a new pathway to innovation by combining the low-code power of the Aurachain platform with KPMG's domain expertise in several industries, including financial services, retail and utilities.

Aurachain™

ETAS Korea agreed to cooperate with KPMG Samjong Accounting on automobile security business.

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

ETAS

Companies providing cybersecurity solutions for IoT-enabled vehicle devices

A strategic partnership with KPMG for the distribution and onboarding of its ecommerce solutions.

mdf commerce

The move will see the group be integrated into the KPMG family of services as KPMG Future Analytics.

Future Analytics

KPMG and Appian announced the launch of the Workplace Reentry Digital Toolkit to assist companies in getting their employees back to their work locations in a measured way

Appian

Esker along with KPMG Netherlands announced the extension of their reseller partnership. As part of the agreement, KPMG Netherlands will provide consultation, implementation, and support for Esker’s Procure-to-Pay and Order-to-Cash solutions.

Esker

Moomin

Kiilto Ventures

Earth-friendly biotech solutions for the textile, packaging and construction industries.

Bio-based Materials

Origin by Ocean

Developers of alternative materials for industrial applications such as sporting goods, electronic components, and automotive parts

KPMG and housing non-profit the Community Preservation Corporation decided to take the plunge, partnering with no-code application development company Unqork to create a new app designed to help those affected by the financial crisis resulting from the coronavirus pandemic.

Unqork

KPMG looks to leverage Shivansh's offerings around SAP S4 HANA, SAP SuccessFactors and SAP analytics.

Shivansh Solutions

Vancouver, British Columbia’s KPMG is acquiring the ServiceNow practice of Wirefire — known as Wirefire Creative Inc.

Wirefire

The academy proposes to offer programs in finance to fresh graduates and experienced finance professionals, to address new skill requirements that digital transformation has brought about in the finance sector.

Educational technology plays a pivotal role in driving and enabling the revolution in post-secondary learning

Higher EdTech

NIIT

Designers of learning programs and creators of learning content, aggregators and libraries of learning content and program, massive open online course (MOOC) platform operators, and providers of content development tools for authoring and course-building.

Nets has collaborated with KPMG, to develop Nets Fraud Ensemble, a next-generation fraud monitoring and prevention solution.

Nets

KPMG's Clinical Intelligence (KCI) platform is helping clinicians improve the quality of care by furnishing them with pharmacogenomics data – information about how genes interact with medicines – from Coriell Life Sciences (CLS), supported by Thermo Fisher Scientific's leading genetic analysis platform and content.

Leveraging personal data for custom-fit diagnosis and treatment

Precision Medicine

Thermo Fisher Scientific

Companies providing genetic tests to identify individuals with high risk or at-risk of having hereditary disease, aid physicians with a diagnosis, and support clinical decision making.

Coriell Life Sciences

Microsoft, a company synonymous with software, and also more recently, profoundly connected to providing enterprise blockchain solutions, will assist KPMG alongside well-known enterprise blockchain company R3 with its Corda Blockchain.

KPMG partners with blockchain providers Microsoft, R3, TOMIA for telecoms.

Tomia

IBM, KPMG, Merck, Walmart team up for drug supply chain blockchain pilot. IBM is acting as the technology partner, KPMG brings a deep understanding of the compliance issues, Merk is of course a drug company and Walmart would be a drug distributor through its pharmacies and care clinics.

Merck

Companies that offer blockchain-based solutions that enable users and companies to track price, date, location, quality, and other relevant information for supply chain management

Walmart

The acquisition will help KPMG develop technology products for clients as it has plans to build its own centre of excellence specialising in decision-science and artificial intelligence-driven solutions.

Recommender Labs

KPMG Australia has acquired the UX, web and mobile app technology firm, Love Agency, which specialises in building solutions for enterprise and government clients.

Love Agency

Saniel Ventures

Promises increased productivity, cost-efficiency, and competitiveness in the legal industry

LegalTech

Plexus

Tools to manage and digitize the legal practice of individual lawyers and law firms. Features include intake management, legal case/project management, team and client management, team collaboration, client communication and engagement, document storage systems, time and expense tracking, and billing and invoicing.

KPMG in Singapore and the Agency for Science, Technology and Research's (A*Star) Institute for Infocomm Research (I2R) unveiled their first jointly developed cyber threat hunting tool.

The Agency for Science, Technology and Research

Companies that provide AI-based tools to monitor an organization’s entire infrastructure to identify threats, provide tools for incident investigations, and help automate remediation tasks.

Using KPMG's blockchain enablement services, KPMG professionals will work with Guardtime to provide strategy, assessment, as well as design and implementation services,” the press release explains.

Guardtime

PricewaterhouseCoopers

Deloitte

Ernst & Young

Finnish startup Origin by Ocean cultivates and harvests algae to transform them into chemical ingredients that can be used in the manufacturing of common consumer products. The company’s patented biorefining technique extracts value-adding bio-based chemicals from harvested invasive algae and sustainably cultivated seaweed within a single industrial process. As of August 2023, the company has developed six ingredients to replace traditional chemical components in certain sectors, including food and beverages, cosmetics, personal hygiene, textiles, and even livestock fodder in agriculture.Between 2020 and 2022, the company concentrated on industrial piloting, developing multiple proof of concepts and creating its initial trial batch. Moving forward from 2022 to 2023, the company's primary focus had been on upscaling process integration and expanding its feedstock ecosystem, aiming to secure its first commercial agreements and off-take agreements with customers. Over 2024 to 2025, the company planned on making small-scale product deliveries to customers and initiating plans for a biorefinery plant. By 2025, the company planned to commence commercial production, with the establishment of its first industrial-scale biorefinery plant near the Baltic Sea. As part of its long-term strategy, the company aimed for global expansion by 2027 and achieving EUR 500 million (~USD 533 million) in sales via global sales by 2030.Key customers and partnershipsIn July 2023, the company partnered with Finnnish textile and home furnishing company Marimekko to replace synthetic thickener in the print paste. Via the pilot project, it printed a range of textile products using Origin by Ocean's Caerulo alginate, a print paste thickener derived from marine biomass found in the Dominican Republic.Funding and financialsIn April 2023, the company raised EUR 7.5 million (~USD 8 million) in seed funding from main investors <a href="https://voimaventures.com/">Voima Ventures </a>and <a href="https://www.lifelineventures.com/">Lifeline Ventures </a>and <a href="http://www.batofin.fi/">Batofin </a>and Security Trading to build the commercialization and production capabilities of the company.

Plexus is a legal technology company based in Australia that offers a comprehensive suite of software-as-a-service (SaaS) products and legal secondment services to streamline and automate various legal processes. Its flagship product, Plexus Gateway, is a legal operating system that integrates automation, custom workflows, e-signatures, and end-to-end contract lifecycle management capabilities. Launched in 2016, this platform aims to boost productivity and efficiency for in-house legal teams by minimizing manual tasks and reducing risks associated with inconsistent processes.
Plexus Contract Management, another key offering, goes beyond mere document storage by providing features like renewal reminders, negotiation tools, e-signatures, and powerful search and summarization capabilities, transforming documentation into a valuable asset. The company's workflow solution, specifically tailored for legal tasks, ensures reliable and consistent processes, thereby mitigating risks and maximizing efficiency.
Additionally, Plexus offers matter management and task triaging functionalities, enabling legal teams to prioritize tasks, gain insights into productivity levels, and minimize double handling or wasted time. The company's marketing compliance solution allows marketers to seamlessly obtain compliant terms and conditions, acquire necessary permits, handle draws and winner notifications, and review marketing collaterals within 24 hours, significantly streamlining marketing campaigns and promotions.
Plexus has established itself as a leader in legal technology, with its solutions being adopted by approximately 65% of the top 100 companies listed on the Australian Securities Exchange (ASX). As of 2024, the company serves over 300 of the world's most progressive legal functions, including renowned brands like L'Oréal, Woolworths, General Motors, Australia Post, Coca-Cola, and RBC, among others.
In November 2022, Plexus sold its flexible legal talent division, Plexus Engage, to Axiom, a global leader in on-demand legal talent. This acquisition allowed Plexus to focus exclusively on scaling its award-winning legal technology business globally.

Wokelo AI operates a secure GenAI platform geared toward accelerating business research. It provides customized, in-depth analyses for market intelligence and investment research, distinguishing itself through the creation of human-like syntheses at scale.The company's platform serves as a research assistant and co-authoring tool, capable of generating high-fidelity, factually bounded reports and presentations. It offers information on various business aspects, like mergers and acquisitions, partnerships, product strategy, and user reviews, among others​. It is also capable of generating various business documents, including sector briefings, company due diligence, financial analysis, earnings transcripts and annual reports analysis, investment memos, and market maps​.Wokelo AI utilizes a proprietary cognitive engine that curates a range of data, including analyst reports, internal data, podcasts, product reviews, call transcripts, articles, and news, along with 500+ pre-integrated datasets. It also utilized GPT models by OpenAI and open-source models like LLaMA as of November 2023.Key customers and partnershipsThe primary clientele of Wokelo comprises professionals from private equity firms, investment banks, corporate strategy departments, and venture capital firms. Some of its disclosed customers as of May 2024 included Guggenheim, Sage, Tata, Deloitte, Gratia, and Seven Seven Six.

Deriving insights from uncommon data streams

Alternative Data

AdviceRobo offered a solution that combined affordability, personality, and digital identity to create dynamic customer profiles and scores. This technology enabled reduction in errors related to credit decisions and portfolio risk. It facilitated safe onboarding of underserved customers and promoted financial inclusion for unbanked groups, especially in developing markets. AdviceRobo's product was flexible and could be customized to cater to specific target audiences and requirements.

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

<div>
 
 Founded in 2023, Cranium is an enterprise AI security and trust software company, enabling organizations to gain visibility, security, and compliance across their AI and GenAI systems. Cranium has been incubated and funded in stealth inside of KPMG Studio.&nbsp;
 
 
 Using the Cranium Enterprise software platform, organizations can map, monitor, and manage their AI/ML environments against threats without interrupting their teams&rsquo; training, testing, and deployment of AI models. The Cranium platform allows organizations to quickly gather and share information about the trustworthiness and compliance of their AI models with their third parties, clients, and regulators.&nbsp;
 
 
 Cranium&rsquo;s software is custom-built to address the gap between data science, compliance, and cybersecurity teams by providing a single source of truth for AI security risks. Cranium&rsquo;s &ldquo;AI cards&rdquo; can be used by organizations to demonstrate AI/ML compliance and to showcase the security and trustworthiness of one AI pipeline, one asset, or an entire organization&rsquo;s AI systems. It supports compliance mapping to the NIST AI RMF and EU AI Act. Some of the features of Cranium&rsquo;s platform include minimum configurations, no-code analysis, rapid time-to-value, tool- and cloud-agnostic, the ability to automatically map and visualize the AI pipelines, and integration with the current tool set.&nbsp;
 
 
 Funding and financials
 
 
 In
 <a href="https://sp-edge.com/updates/23158">
 October 2023
 </a>
 , Cranium raised USD 25 million in a Series A funding round led by Telstra Ventures, with participation from KPMG LLP and SYN Ventures. The funds were slated to be allocated toward innovation, research, development, and expanding the company&rsquo;s business operations.
 
</div>

Wokelo is a Gen-AI powered investment research platform for automating complex research workflows like due diligence, sector research, and portfolio monitoring. Leveraging its proprietary large language model (LLM) based-agents, Wokelo automates and streamlines the curation, synthesis, and triangulation of data, delivering client-ready outputs. Wokelo works with leading private equity funds, investment banks, consulting firms, and corporates to make data-driven decisions.

Cranium is an AI security and trust platform that delivers security and trust to the AI revolution. Companies can map, monitor, and manage their AI and ML environments against adversarial risks with the Cranium Enterprise software platform without interfering with how their teams work.

Auditoria is improving compliance using leading-edge artificial intelligence and machine learning technology. It is a provider of ai-driven automation solutions for finance teams, Engineering Capital and Firebolt Ventures. Its flagship offering, leverages natural language processing, artificial intelligence, and machine learning to remove friction and repetition, automate finance back office business processes, and deliver cutting-edge real-time predictive analytics to enterprise finance and accounting teams.

Tide is the only marketing & analytics suite that empowers you to launch and track Web3-native campaigns.

Unblock provides a crypto service platform for business solutions. They combine their modules, so businesses can efficiently offer customers the ability to buy, sell, send, receive, and store cryptocurrencies.

HypeLab is a web3 ads network using on-chain data for ads personalization and targeting. We help web3 companies monetize their platforms via ads and provide a scalable user acquisition channel for advertisers.

We provide solutions for customers who demand trusted provenance in their data, tracked veracity through the data’s supply chain of use, and a requirement for trusted insights.  We produce Asset Grade Data. (AGD) We utilize machine learning, artificial intelligence, cryptographic proofing and distributed ledger technologies to build Asset Grade Analytics (AGA), that drive new context-driven insights. https://www.contextlabs.com/about

WE Impact provides financial assistance and shared resources to support their development, journey success, and preparation for investment. They help them gain access to the market and increase their network of contacts.

Origin by Ocean, founded in 2019, is a platform-based algae refining company from Finland. Their patented biorefining process makes it possible to extract valuable bio-based chemicals from harvested invasive algae and ecologically farmed seaweed. The organic algae-based products can substitute conventional chemical ingredients in food & beverage, cosmetics, hygiene, textiles and many other goods and materials. Their algae harvesting platform can provide livelihoods to coastal entrepreneurs across the world, starting with the Baltic Sea and the Caribbean, while clearing eutrophied oceans of polluting nutrients.

Plexus is on a mission to transform legal value. Through advanced technology and flexible access to world-class talent, Plexus powers the world’s leading organisations, enabling legal teams to deliver more with less, and freeing lawyers to focus on higher value strategic work. Founded in Melbourne 2011, Plexus now has an international footprint with offices in Sydney, London and Washington DC. The business has been profiled as a case study in the disruption of the professional services industry by HBR, INSEAD, ACU, and RMIT, and their thought leadership can often be found published in the AFR, Sydney Morning Herald, ALB, Lawyers Weekly and The Age. Plexus launched Gateway, the world’s first legal operating system, in 2016, and already it’s being used by in-house legal teams at over 200 of the world’s largest organisations including L’Oreal, Samsung, Woolworths, Spotify, General Mills, Coca Cola and General Motors. Gateway gives in-house legal teams the tools they need to deliver faster, better and more cost-effective legal support. It enables them to manage risk at speed and reduces external spend while increasing client satisfaction and employee engagement. In May 2019, Plexus raised A$4.65 million in Series-A funding led by KPMG, with whom they have also formed a strategic partnership. Get in touch to find out why more GCs are partnering with Plexus to transform their functions.

AdviceRobo is a big data software company that supports financial institutions, investors, telecom operators and e-commerce providers accelerate growth sustainably while reducing their financial risks. The company offers a robo-advice platform that integrates big data driven marketing & risk analytics for onboarding new-to-company customer segments while predicting fraud, churn, claim, ESG & investment risks. Usecases are in acquisition for banks, insurers, telecom operators & e-commerce providers (buy-now-pay-later). AdviceRobo specialises in customer profiling of SME's and non-credit scored consumer segments and operates across 13 countries.

They want to make possible an agriculture that inspires.  This means food production that is profitable for farmers, safe for consumers and good for the environment. They need to produce 70 percent more food by 2050 to feed the world with less fuel, land, fertiliser and water. They have to do this at the same time as dealing with unprecedented impacts of climate change. Productivity growth in agriculture has stagnated for decades. Digital technology is the key to unlocking the next wave of improvements. They use the power of digital technology to sustainably increase production throughout the entire food value chain. This is how they will help feed the world without compromising the planet. This future will inspire more young people to work in their industry.  It’s time for inspiring agriculture.

Based in California, Norse is a cybersecurity firm that offers internet security intelligence solutions to e-commerce and enterprise clients. The firm delivers live and accurate attack intelligence solutions enabling its customers to block attacks, uncover hidden breaches, and track threats emerging around the globe.  It is focused on improving the performance, catch-rate, and return-on-investment for enterprise security infrastructures. Norse, which was founded in 2010, serves global financial, government, and technology organizations through its products and services.

Flexeye can optimize quality, improve performance, maintain compliance or reduce risks of your business operations, processes and assets including people. Recognized by Gartner as a ‘Cool Vendor 2014’ for IoT and in Asia Pacific, Flexeye is labelled as the ‘One to Watch’ in the report ‘Market Trends: Digital Business Opportunities in Smart Cities Need IoT Foundations’ Gartner, July 2104. Flexeye is the lead partner of the HyperCat Consortium 2014, a UK Government programme that has received £8m funding.

Bottlenose is a cognitive computing company that makes data analysis easy. By automating machine learning, data mining, and predictive analytics, Bottlenose helps its clients spend more time extracting insights and less time managing data. The company's platform, Nerve Center, makes BI live and interactive. It detects patterns and trends in massive amounts of rapidly changing data to help customers achieve business awareness and complete insight into what is going on in and around the organization. The company was founded in 2010 and headquartered in Sherman Oaks, California.

Professionalising the App industry Drawing from senior experience in marketing, management & sales as well as innovation, technology & software engineering, we are bringing Order to the Disorder.  Through our tried & tested agile process we deliver amazing Apps for global brands, in an ordered, managed and measured way.  Customer in the room The customer is central to our process. And it works. By putting the customer in in the room, we gain the understanding of the business, brand and rationale for an App.  We transpose this understanding into successful Apps that have engaging User Experiences (UX) with well-designed User Interfaces (UI).  Platform agnostic  Platform expertise We Produce, Promote and Productise App ideas on platforms that are relevant to the brand, client and end user.And with world class expertise in Google Android, Apple iOS (iPhone/iPad/iPod), Microsoft Windows Phone 7 (WP7) plus RIM/Blackberry and Nokia Symbian we know how to get the best out of each platform.  Come and say hello We support Mobile Monday London, a grass roots community for folk with an interest in mobile technology and how it's used. We're always at the monthly events, come and join us! www.mobilemonday.org.uk

Xevo, a part of Lear Corporation, is a Seattle-based global leader in connected-car software and a development partner to some of the world’s largest automakers. The company’s award-winning automotive software solutions make it possible for automobile manufacturers to deliver groundbreaking in-vehicle experiences while allowing automotive OEMs, merchant partners, and service providers to capitalize on new monetization opportunities. For more information, visit xevo.com.

Harmony Software is the leading analytic engine for B2B & B2C exchanges, portals, ASPs and platform partners.

Intraspect Software provides inter-enterprise solutions for collaborative business processes. The company offers solutions for portal collaboration that enables its portal users to create shared communities and collaborate on areas relevant to the organization which includes strategic accounts, products, and business processes. It offers Intraspect 5.5 which provides architectural enhancements for inter-enterprise deployments and C-mail Services that allows its users to interact with Intraspect solutions using a communication method in business. Intraspect Software is a U.S.-based company that was founded in 1995 and it was acquired in 2003 by Vignette.

''Incentive Systems is the industry pioneer and leader in the Enterprise Incentive Management marketplace, which is predicted by AMR to grow rapidly, reaching an annual market size of $2 billion in software revenue alone in 2005, and is also the first software company in which Thomas Weisel Capital Partners, LP made a private equity investment,'' said Alan Menkes, partner, co-director of private equity for Thomas Weisel Partners LLC. ''Since their initial investment, Incentive Systems has continued to deliver industry-leading technology and services to the marketplace, and has seen tremendous growth in demand for its solutions, among both public and private organizations, across several industries. The company is on track to reach its goal of profitability in the near-term, and they were delighted by the oppornity to lead this round and further strengthen their partnership with Incentive Systems.''

webMethods provider of open solutions for business community integration. As one of the first products to deliver XML-based e-commerce solutions, the webMethods B2B(TM) product suite leverages a variety of open Internet standards to automatically link business processes with those of key partners--without the time or expense of altering existing legacy, proprietary or ERP applications.

As of May 31, 2000, Octane Software Inc. was acquired by E.piphany Inc. Octane Software, Inc. provides application software and services to the rapidly emerging customer relationship management (CRM) market. The company was founded in 1997 and is based in San Mateo, California.

Silknet offered enterprise level customer relationship management software (CRM) designed from the ground up for the internet.

KPMG the audit, tax, and advisory firm, is the U.S. member firm of KPMG International Cooperative. KPMG International’s member firms have 145,000 professionals, including more than 8,000 partners, in 152 countries. KPMG employees distribute donated books in Paterson, NJ KPMG delivers a globally consistent set of multidisciplinary services based on deep industry knowledge. The industry focus helps KPMG professionals develop a rich understanding of client's businesses and the insight, skills, and resources required to address industry-specific issues and opportunities.  Their history spans three centuries and features several significant mergers, recently combining Peat Marwick International, Klynveld Main Goerdeler, and their member firms, into KPMG in 1987. KPMG global member firm combined revenues totaled $22.7 billion for the fiscal year ending September 30, 2011, a 10.1 percent increase in U.S. dollars, or 6.2 percent in local currency terms.  Global revenue by function and region can be found in KPMG's International Annual Review.

<div> KPMG is a global professional services network of firms and is one of the Big 4 accounting firms in the world. The company generated USD 36.4 billion in FY2023 (year ending September 30). The company operates in three segments: Advisory (deal advisory, consulting, and strategy), Audit, and Tax and Legal Services (business tax, compliance transformation, etc). Under these segments, the business offers services such as transformation solutions, digital strategy, financial services tax, and more. Advisory was the largest segment by revenue, accounting for ~44% of total revenue in FY2023. KPMG&rsquo;s operations are spread worldwide and grouped into three regions: Americas, Asia-Pacific, and the largest revenue earner, EMA (Europe, Middle East, Africa, and India), with a ~43% share of total revenue in FY2023. The company aims to achieve net zero and reduce emissions by 50% by 2030.&nbsp; </div>

KPMG to spend $100 million on AI partnership with Google Cloud

Platforms that help financial market participants collect, manage, and use traditional and alternative data, derive market insights from news, and provide trade signals to make informed decisions.

Platforms that help institutions such as asset managers, investment banks, and hedge funds to develop platforms to trade and operate brokerage services for various financial assets and instruments such as stocks, fixed income securities, derivatives, commodities, and foreign currencies.

Companies that use blockchain technology to share and synchronize data and improve efficiency across the trading workflow and post-trade actions such as clearing and settlement.

These platforms provide services such as risk detection, regulatory compliance, risk management, risk intelligence, collateral management, internal processes management, and strengthening of internal controls.

Companies that use GenAI as a core part of their product offering for capital markets

Companies and protocols that leverage blockchain technology to act as content delivery networks (CDNs) or provide content sharing solutions

Companies that leverage blockchain technology to offer databases, query services and data sharing

Companies that offer blockchain-enabled Internet-of-Things (IoT) development platforms for building networks and transferring IoT device data

Companies that leverage blockchain to protect and manage digital intellectual property (IP) rights

Companies that leverage blockchain technology to provide cybersecurity and identity management solutions for enterprises

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 KPMG revealed a USD 100 million collaboration with Google Cloud aiming to amplify its enterprise AI services in the coming four years.
 This alliance aims to create AI agents and foster staff training leveraging Google's technology. Not all the investment will benefit Google Cloud as the majority will be deployed for internal projects. Over the previous two years, KPMG has experienced a tenfold surge in bookings for services related to Google Cloud.
 
</div>

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