McKinsey is excited to announce their collaboration with Google Cloud to empower clients in driving substantial, innovative transformations through the capabilities of generative AI (gen AI), specifically with Gemini for Google Cloud.
The Power of Partnership
This strategic alliance underscores McKinsey’s commitment to an open ecosystem of leading gen AI innovators, aiming to equip clients with the necessary expertise and solutions across the technology spectrum for seamless adoption and scalability.
McKinsey’s track record spans various industries and technical domains, leveraging Google Cloud’s robust infrastructure and gen AI capabilities to enhance productivity, streamline processes, and optimize AI investments. Notable projects include the development of a gen AI-powered search platform for a process manufacturer, reducing maintenance times significantly, and a virtual agent for banking customers, delivering personalized service to expedite query resolution.
Google Cloud stands at the forefront of cloud and AI technologies, deeply embedded in its DNA since inception. With an array of cutting-edge products and engineering talent, Google Cloud empowers enterprises worldwide to drive transformative change and enhance operations on a global scale.
A Collaboration for Transformation
This partnership leverages McKinsey’s extensive talent pool, including its gen AI arm, QuantumBlack, and AI by McKinsey, comprising 7,000 technologists, designers, and product managers across more than 50 countries. Collaboratively, with an exponential increase in Google Cloud-certified professionals, the alliance aims to redefine organizational landscapes through AI-based transformations.
Bob Sternfels, McKinsey’s global managing partner, highlights the potency of combining Google Cloud’s technology with McKinsey’s industry insights and delivery capabilities, facilitating large-scale, tech-enabled transformations.
Thomas Kurian, CEO of Google Cloud, emphasizes the transformative potential of generative AI in enhancing workforce productivity, accelerating developer velocity, and optimizing business operations. Through an expanded partnership, clients gain enhanced capabilities to scope and optimize gen AI projects effectively.
Capturing Business Value
McKinsey estimates a staggering $4 trillion in value to be unlocked through gen AI and cloud technologies. The alliance with Google Cloud focuses on four key avenues for value capture: cloud-enabled business transformations, tech modernization programs, gen AI-enabled solutions, and industry-specific use cases.
For instance, in collaboration with Formula E racing, McKinsey’s QuantumBlack data scientists collaborated with Google Cloud’s gen AI solutions team to develop gen AI chatbots. Utilizing Vertex AI and Google Cloud’s language models, these chatbots provided real-time car performance data, contributing to setting a world record for indoor land speed and enhancing the fan experience.
Moreover, in partnership with a process manufacturer, McKinsey and Google Cloud piloted two high-impact generative AI use cases: an AI-enabled search platform for operations and a corporate research tool. These initiatives, spearheaded by experts from QuantumBlack and Google Cloud engineers, resulted in improved productivity and cost reduction.
In conclusion, McKinsey and Google Cloud’s partnership signifies a shared commitment to driving tangible value for clients through transformative technologies. Adrian Booth, leader of Build by McKinsey and the Google Cloud alliance, views this collaboration as a journey towards redefining the future of business, innovation, and success.
See also: DataStax Procures Startup Responsible for Langflow, a Low-Code AI Development Platform
