What Are The 10 Best AI Consulting Firms
30 August 2022
Google CEO Sundar Pichai has described the advent of artificial intelligence (AI) as more revolutionary than the discovery of fire or electricity. According to PwC, it has the potential to contribute $15 trillion to the global industry by 2030.
I have worked with countless organizations on their AI strategies; however, companies wanting to capitalize on AI face significant barriers regarding the skills and resources needed to put it to use. To bridge this gap, many businesses turn to AI consultancies. These experts have the specialized knowledge and experience required to help companies deploy AI to create more intelligent products and services, improve their internal processes, and ultimately make better use of the data available to them.
One of the most frequently asked questions I get from clients is: can you recommend an AI consulting firm to help us turn our AI ambitions into practice? So here are my top ten that are generally considered to be the best at what they do.
Quantum Black is the AI consultancy arm of McKinsey, which began as a data and analytics firm working in the field of Formula One racing. It uses an approach that it describes as Hybrid Intelligence – combining the power of technology and people to solve problems for clients by leveraging machine learning and bespoke tools such as its Brix code-sharing platform.
Boston Consulting Group
As another of the big three management consulting companies, BCG also has its own practice dedicated to AI and data analytics. To assist its clients with their AI challenges, it employs a number of proprietary AI platforms, including a solution focused on sustainability called CO2.
IBM has been working in the field of business computing longer than just about anyone else, so they might seem like an ideal partner when it comes to rolling out AI solutions. Its solutions center around enabling companies to use chatbots, computer vision, and to drive machine learning initiatives from pilots into full-scale operation. Its Trustworthy AI initiatives are designed to ensure ethical considerations aren’t overlooked.
A smaller company than those mentioned so far, but one that counts global brands including Pepsico, Disney, and Siemens among its clients. Among its accomplishments, it counts assisting Indian food tech company Arya to build the first robotic tea maker utilizing AI and internet of things (IoT) technologies.
EY is a global consultancy organization with a presence in 150 countries. Their broad exposure to international business markets makes them perfectly placed to understand the value of AI, as well as other transformative technologies such as robotics and quantum computing, to just about any market.
Infosys has built its own AI consultancy service around the pillars of enabling intelligent enterprise automation, creating new revenue models, and encouraging ethical use of AI. This last element is referred to as "responsible AI," and the company says this framework alone can enable its client to increase operating margins by up to 5 percent.
A UK-based consultancy that specializes in applying AI, automation, machine learning other advanced analytics processes to solving its customers’ data challenges. It does this by aligning technology offerings with business strategies in order to understand how insights can lead to outcomes, as well as unlock value from structured or unstructured data.
Billing itself as an "AI and data science consulting company," DataRoot Labs specializes in providing AI-as-a-service to startups on flexible pricing models. With expertise in recommendation systems, natural language processing, and virtual assistant technology, its skillset lies in helping businesses understand how AI technology can overcome their challenges and how it can be efficiently deployed.
Addepto, headquartered in Poland, has helped a number of Fortune 500 companies, including P&G and Citibank, to develop strategies and deploy solutions around AI technology. It aims to help clients realize the value in the data that they are able to collect and analyze by drawing out insights that help them build new business models or streamline existing ones.
An AI consulting division of Capgemini, Cambridge Consultants has been responsible for AI breakthroughs in a number of fields, including self-piloting drones, intelligent driving assistance, and language translation, since it was first founded in the 1960s. It also offers its expertise on a consultancy basis to other businesses wanting to take advantage of the opportunities offered by machine learning.
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