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C3 AI and McKinsey & Company Announce Strategic Alliance to Accelerate Enterprise-wide Artificial Intelligence Transformations Investing.com

A joint offering to deliver rapid transformative value across industries

DAVOS, Switzerland–( BUSINESS WIRE )–C3 AI (NYSE: AI ), a leading enterprise artificial intelligence software application company, announced today in Davos a strategic alliance with McKinsey & Company, a preeminent global management consulting firm, to help clients and prospects across industries and geographies accelerate 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 Agent AI to realize significant operational improvements and unlock new opportunities for growth.

Modern business challenges are extremely complex—from building resilient global supply chains to optimizing asset performance—and meeting today’s dynamic organizational demands requires both strategic foresight and technical depth. Together, C3 AI and McKinsey will set a new standard for innovation that drives results, at the enterprise level.

Bob Sternfels, McKinsey & Company Managing Partner, said, The future of every industry will be shaped by AI. This alliance ensures that our clients are not only participants, but also leaders in that future. Together with C3 AI, we enable companies to rethink their business, unlock new value and outperform the competition. This is how we help our clients rewire themselves.

Working closely with McKinsey & Company and its artificial intelligence arm, QuantumBlack and C3 AI, customers are assured of success in implementing enterprise AI, said Thomas M. Siebel, president and CEO of C3 AI. Organizations that choose to partner with us can be confident in ROI with a focus on risk management. This is how you win with AI.

The alliance will initially focus on turnkey solutions, including:

  • energy: Increasing production, improving safety, increasing productivity.
  • Production: Improving throughput and uptime, improving product yield and quality, increasing operator efficiency, optimizing supply chains.
  • Financial services: Fraud detection, risk management, personalization of user experiences.

The joint offer will enable clients to:

  • Unmatched speed for value: C3 AI’s pre-built industry-specific AI applications can be quickly deployed and tailored to the exact needs of clients.
  • Transformative scale and impact: QuantumBlack’s global scale and expertise will help clients implement AI solutions that maximize impact and enable the rewiring of AI-enabled organizations.
  • Reduced risk and accelerated adoption: The combined expertise of C3 AI and McKinsey will help clients navigate the complexities of implementing AI, reducing risk and ensuring success.

This alliance will be global in scope, leveraging the strengths of both organizations to serve clients around the world.

About C3.ai (NYSE:), Inc.

C3 AI (NYSE: AI) is an 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 business AI applications and a portfolio of industry-specific SaaS business AI applications that enable fast and cost-effective development and deployment of enterprise-level AI applications . For more information, please visit www.c3.ai.

About McKinsey & Company

McKinsey is a global management consulting firm dedicated to helping organizations accelerate sustainable and inclusive growth. It works in the private, public and community sectors in an integrated way across regions, sectors and disciplines to provide clients with immediate performance improvement and building long-term organizational health. QuantumBlack, its artificial intelligence division, combines a leading technology stack with the strength of McKinsey’s 7,000 technologists, designers and product managers serving clients around the world.

C3 AI Public relations
Edelman
Lisa Kennedy
415-914-8336
pr@c3.ai

Investor relations
ir@c3.ai

Source: C3.ai





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