McKinsey and Google Cloud collaborate to drive $4tn business value with GenAI

McKinsey and Google Cloud have partnered to unlock the capabilities of generative artificial intelligence (GenAI), with an estimated $4tn in potential business value.
McKinsey and Google Cloud have partnered to unlock the capabilities of generative artificial intelligence (GenAI), with an estimated $4tn in potential business value.
The collaboration launches Gemini for Google Cloud, an innovative initiative positioned to ignite revolutionary shifts across various sectors, according to InsurTech Insights.

Google Cloud’s reputation as a trailblazer in cloud and AI technologies is firmly entrenched in its DNA. With a steadfast commitment to innovation and a cross-functional approach spanning Alphabet’s conglomerate, Google Cloud stands poised to tackle the most formidable business challenges head-on.

The partnership is aimed at harnessing the power of generative AI to catalyse transformative change across industries.

The collaboration benefits from McKinsey’s vast talent pool, which includes 7,000 technologists, designers, and product managers spread across 50 countries.

It’s noteworthy that a substantial number of McKinsey staff members possess certifications from Google Cloud, marking a notable 160% increase from the previous year.

Leveraging insights gathered from interactions with over 200 clients, McKinsey is uniquely positioned to outline the crucial elements for organisational restructuring and AI-led evolution.

“When Google Cloud technology is combined with McKinsey’s industry expertise, technology delivery experience, and capability building, it creates a powerful partnership able to help businesses shape, mobilise and orchestrate large-scale, tech-enabled transformations,” said Bob Sternfels, McKinsey’s global managing partner.

Thomas Kurian, CEO of Google Cloud, added, “Generative AI can transform organisations by increasing workforce productivity, accelerating developer velocity, and streamlining business operations. With this expanded partnership, clients will now be better positioned to successfully scope and optimise their generative AI projects.”

Adrian Booth, leader of Build by McKinsey and the Google Cloud alliance, added, “The partnership is a testament to our belief in this technology and our dedication to leading the charge in unlocking tangible value for our clients. This is not just an alliance. It’s a journey towards redefining the future of business, innovation, and success.”

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