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Crowe AI investment

Crowe is betting big on Artificial Intelligence

Crowe betting big on Artificial Intelligence with its expansion of AI Center of Excellence (CoE). Crowe is set to revolutionize how organizations integrate AI into their operations.

TheFinanceStory by TheFinanceStory
Published date: 7th October, 2024
Last edited date: 7th October, 2024
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  • Crowe LLP is expanding its Artificial Intelligence (AI) Center of Excellence (CoE).
  • The initiative merges the AI Lab, AI Engineering, and AI Enablement teams.
  • Why? Drive innovation and improve AI capabilities for Crowe and its clients.

Also read: Accenture’s $3Bn AI gamble pays off: CEO Announces Soaring AI Earnings and New GenAI Deals worth $900 Mn

Crowe’s Multidisciplinary Team

Growth Plans: Crowe aims to triple the size of its AI Lab and AI Engineering team to boost collaboration on AI innovations with clients.

AI Lab: Accelerating Innovation: The AI Lab focuses on exploring new ideas by:

  • Developing proofs of concept
  • Identifying emerging technologies
  • Rapidly testing AI use cases

AI Engineering: Customized Solutions: The AI Engineering team builds tailored AI solutions, with engineers and data scientists creating products that meet each client’s specific needs.

AI Enablement Team: Client Support: The AI Enablement team assists clients by:

  • Educating their teams
  • Innovating processes
  • Ensuring smooth deployment of AI solutions

Empowering clients across four AI pillars

The AI CoE aims to foster a dynamic ecosystem that integrates cutting-edge AI technologies into real-world business applications.

Its mission is clear: help clients advance their AI adoption by addressing four key areas:

  • Data curation and quality
  • Governance
  • Transformation
  • The development of bespoke AI tools

Expert leadership to drive AI adoption

Doug Schrock is leading the expansion. He has been with Crowe for 30 years and knows a lot about strategic innovation and technology.

His role is to help Crowe’s clients use AI to:

  • Improve their business operations
  • Shape the future of work

Also read: Future of AI is India: Why finance professionals in India must prioritize upskilling

About Crowe

  • Firm Overview: Crowe LLP is a public accounting and consulting firm.
  • Services Offered: Provides audit, tax, and consulting services to public and private entities.
  • Recognition: Acknowledged as a top workplace in the U.S.
  • Global Network: Operates as an independent member of Crowe Global, one of the largest accounting networks.
  • Network Reach: Comprises over 200 independent firms across 130+ countries.
  • Employee Count: Over 40,000 employees.
  • Revenue: Generated US$5.3 billion in revenue in 2023.
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