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C3 AI and McKinsey Partner to Accelerate Enterprise AI Transformations
Global Reach: QuantumBlack's expertise and C3 AI's technology ensure global implementation success. Enterprise AI software application company C3 AI and management consulting firm McKinsey & Company announced a strategic alliance at Davos on Wednesday to help clients and prospects across industries and geographies accelerate Enterprise AI transformations at scale. The partnership combines McKinsey's expertise in AI, through its QuantumBlack unit, with C3 AI's Enterprise AI software applications to help clients unlock the power of Enterprise AI and agentic AI. Also Read: Responsible AI Can Unlock New Revenue Streams and Growth for Telcos: McKinsey "The alliance combines the deep technical expertise of McKinsey's AI practice, QuantumBlack, and its track record of deploying and scaling AI solutions across industries with C3 AI's cutting-edge Enterprise AI software applications to help clients unlock the power of Enterprise AI and agentic AI to realise significant operational improvements and unlock new growth opportunities," the companies said in a joint announcement on January 22, 2025. Bob Sternfels, McKinsey and Company Managing Partner, said, "The future of every industry will be shaped by AI. This alliance ensures our clients are not just participants, but leaders in that future. Together with C3 AI, we're enabling companies to reimagine their operations, unlock new value, and outpace the competition. This is how we help our clients rewire themselves." "In close collaboration with McKinsey and Company and its AI arm, QuantumBlack, and C3 AI, customers are assured of success in their Enterprise AI deployments," said Thomas M Siebel, Chairman and CEO of C3 AI. "Organisations that choose to partner with us can have confidence in ROI with a focus on managing risk. This is how you win with AI." The alliance will initially focus on delivering turn-key solutions in key Industries. In the energy sector, the focus will be on increasing production, improving safety, and boosting productivity. For manufacturing, the partnership will address issues like optimising throughput and uptime, enhancing product yield and quality, and improving supply chain management. In financial services, the alliance will help companies with fraud detection, risk management, and personalised customer experiences. Also Read: Hexaware Partners with AWS to Drive Migration, Modernisation, and GenAI Solutions The companies said their joint offering will provide clients with the promise of unmatched speed to value. C3 AI's pre-built, industry-specific applications can be rapidly deployed, tailored to meet specific client needs, and quickly scale for maximum impact. QuantumBlack's global scale and expertise will help clients deploy AI solutions that maximise impact and enable rewiring of organisations using AI, the official release said. Together, C3 AI and McKinsey emphasised that their combined expertise will help clients navigate the complexities of AI implementations, mitigate risks, and serve clients around the world.
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C3 AI and McKinsey & Company Announce Strategic Alliance to Accelerate Enterprise-Scale AI Transformations By Investing.com
Joint offering to deliver rapid transformative value across industries DAVOS, Switzerland--(BUSINESS WIRE)--C3 AI (NYSE: AI), the leading Enterprise AI software application company, announced in Davos today a strategic alliance with McKinsey & Company, a preeminent global management consulting firm, to help clients and prospects across industries and geographies accelerate Enterprise AI transformations at scale. The alliance combines the deep technical expertise of McKinsey's AI practice, QuantumBlack, and its track record of deploying and scaling AI solutions across industries with C3 AI's cutting-edge Enterprise AI software applications to help clients unlock the power of Enterprise AI and agentic AI to realize significant operational improvements and unlock new growth opportunities. Modern business challenges are intensely complex " from building resilient global supply chains to optimizing asset performance " and meeting the dynamic organizational demands of today requires both strategic foresight and technical depth. Together, C3 AI and McKinsey will set a new standard for innovation that drives results, at enterprise scale. Bob Sternfels, McKinsey & Company Managing Partner, said, The future of every industry will be shaped by AI. This alliance ensures our clients are not just participants, but leaders in that future. Together with C3 AI, we're enabling companies to reimagine their operations, unlock new value, and outpace the competition. This is how we help our clients rewire themselves. In close collaboration with McKinsey & Company and its AI arm, QuantumBlack, and C3 AI, customers are assured of success in their Enterprise AI deployments, said Thomas M. Siebel, Chairman and CEO, C3 AI. Organizations that choose to partner us can have confidence in ROI with a focus on managing risk. This is how you win with AI. The alliance will initially focus on turn-key solutions, including: The joint offering will provide clients with: This alliance will be global in scale, leveraging the strengths of both organizations to serve clients around the world. About C3.ai (NYSE:AI), Inc. C3 AI (NYSE: AI) is the Enterprise AI software company. C3 AI delivers a family of fully integrated products including the C3 AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, and a portfolio of industry-specific SaaS enterprise AI applications that enable the rapid and cost-effective development and deployment of enterprise-scale AI applications. For more information, please visit www.c3.ai. About McKinsey & Company McKinsey is a global management consulting firm committed to helping organizations accelerate sustainable and inclusive growth. It works across private, public, and social sectors in an integrated way across regions, sectors, and disciplines to ensure clients improve immediate performance and build long-term organizational health. QuantumBlack, its AI arm, combines an industry-leading tech stack with the strength of McKinsey's 7,000 technologists, designers, and product managers serving clients globally. View source version on businesswire.com: https://www.businesswire.com/news/home/20250121789317/en/
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C3 AI Teams Up With McKinsey For AI-Driven Business Transformations: Details - C3.ai (NYSE:AI)
The alliance focuses on boosting efficiency, safety, and risk management with turnkey AI solutions. C3 AI, Inc. AI shares are trading higher on Wednesday. The company disclosed a strategic alliance with McKinsey & Company at Davos to accelerate Enterprise AI transformations. The partnership combines McKinsey's AI expertise through QuantumBlack with C3 AI's advanced Enterprise AI software to drive operational improvements and offer new growth opportunities for clients across industries. Also Read: Tech Stocks Rise After Trump Announces AI Infrastructure Investment The partnersip is expected to deliver turnkey solutions to boost energy production and safety, optimize manufacturing efficiency and supply chains, and enhance fraud detection and risk management in financial services. Thomas M. Siebel, Chairman and CEO, C3 AI, said, "In close collaboration with McKinsey & Company and its AI arm, QuantumBlack, and C3 AI, customers up are assured of success in their Enterprise AI deployments." Bob Sternfels, McKinsey & Company Managing Partner, said, "This alliance ensures our clients are not just participants, but leaders in that future. Together with C3 AI, we're enabling companies to reimagine their operations, unlock new value, and outpace the competition." Last month, C3 AI declared expanded joint initiatives with RTX Corporation's Collins Aerospace to develop and deliver AI solutions in the defense and intelligence space. Price Action: AI shares are up 5.26% at $34.54 at the last check Wednesday. Read Next: Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI Image via Shutterstock. AIC3.ai Inc$35.387.83%WatchlistOverviewMarket News and Data brought to you by Benzinga APIs
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C3 AI and McKinsey & Company announce a strategic partnership at Davos to combine their expertise in AI software and consulting, aiming to accelerate enterprise-scale AI transformations across various industries globally.
C3 AI, a leading Enterprise AI software application company, and McKinsey & Company, a global management consulting firm, announced a strategic alliance at the World Economic Forum in Davos on Wednesday. The partnership aims to accelerate Enterprise AI transformations at scale across industries and geographies 1.
The alliance brings together McKinsey's AI practice, QuantumBlack, with C3 AI's cutting-edge Enterprise AI software applications. This collaboration is designed to help clients harness the power of Enterprise AI and agentic AI, leading to significant operational improvements and new growth opportunities 2.
The partnership will initially focus on delivering turn-key solutions in key industries:
C3 AI's pre-built, industry-specific applications can be rapidly deployed and tailored to meet specific client needs. This approach, combined with QuantumBlack's global scale and expertise, promises unmatched speed to value for clients 1.
Bob Sternfels, McKinsey and Company Managing Partner, emphasized the transformative potential of AI across industries, stating, "The future of every industry will be shaped by AI. This alliance ensures our clients are not just participants, but leaders in that future" 3.
Thomas M. Siebel, Chairman and CEO of C3 AI, highlighted the partnership's focus on successful Enterprise AI deployments, saying, "Organizations that choose to partner with us can have confidence in ROI with a focus on managing risk. This is how you win with AI" 2.
The alliance will leverage the strengths of both organizations to serve clients worldwide. QuantumBlack's global scale and expertise will help clients deploy AI solutions that maximize impact and enable rewiring of organizations using AI 1.
Following the announcement, C3 AI's shares were reported to be trading higher, indicating positive market sentiment towards the strategic alliance 3.
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C3 AI and Capgemini have announced an expanded partnership to enhance the delivery of Enterprise AI solutions across various industries, aiming to improve efficiency, productivity, and cost reduction for businesses worldwide.
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C3.ai's stock rises significantly following an expanded partnership with Microsoft and positive market signals from Nvidia's earnings report, highlighting growing enterprise AI adoption.
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C3.ai reports strong Q1 earnings with revenue and EPS beats, but faces stock decline due to concerns over profitability and a cautious outlook. The company's focus on AI diversification and federal contracts shows promise amid market volatility.
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Bain & Company announces an expanded collaboration with OpenAI, establishing a dedicated Center of Excellence to drive AI innovation and deliver transformative solutions across industries.
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C3.ai, a leading enterprise AI software provider, has launched a new generative AI product for government services. The announcement has led to a significant surge in the company's stock price.
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