EY inks major deal to push Microsoft products worldwide
Consulting firm and systems integrator EY is embarking on a major expansion of its relationship with Microsoft that will see 150,000 of its employees trained in use of the software giant's technologies.
The deal will have a particular focus on the Power Platform, Microsoft's line of business intelligence and app development tools. But it will also see Microsoft expand its ability to sell Azure cloud services through EY, which has a significant presence in New Zealand with offices in Auckland, Wellington and Christchurch and a wide roster of public and private sector clients.
UK-headquartered EY is itself a major Microsoft user with 300,000 of its employees using the Microsoft Teams collaboration platform to do its work. In addition, 1 million of its clients' personnel use Microsoft products, generating 250 million transactions per day, according to EY's global chairman and CEO Carmine Di Sibio.
With 80% of EY's customers already using Microsoft's Azure platform, the deal is an opportunity to push its tax, auditing and compliance products by leveraging Microsoft's strength as a cloud computing player.
Satya Nadella and Carmine Di Sibio
Di Sibio points to the massive digital transformation sparked by the pandemic as the prime opportunity for the alliance.
When the pandemic first started, we found out that only 25% of our clients had a digitized supply chain," he said in a video with Microsoft CEO Satya Nadella.
"That obviously is something that changed as the pandemic went along."
EY's Azure-based global tax platform is currently used by 1,600 businesses, Di Sibio added.
"We are going to scale that to around 20,000 clients over the next five years."
Improving the back-office functions of EY clients will be a key aspect of the partnership. But EY wants its engineers to collaborate with Microsoft's to develop new cloud-enabled products over the coming years.
EY was last year named as one of the partners helping Fonterra move to Azure as the first anchor tenant in Microsoft's new data centre region currently being constructed in Auckland. That project aims to "fundamentally reshape" how Fonterra delivers its IT.
EY set up a dedicated Microsoft Services Group in December. The two companies are also developing the "EY Trusted Data Fabric," described as an "enterprise data offering that will automate the processing and adoption of data and provide access to data with advanced artificial intelligence (AI)-powered data management capabilities across multiple EY platforms".
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