EY is building on its collaboration with IBM to help global clients leverage new advanced analytics and accelerate their adoption of transformational technologies.

EY will work directly with IBM on joint go-to-market activities and new applications based on IBM’s portfolio of analytics, Big Data products, and cloud solutions. EY also will have access to IBM’s test and demo software catalogue, technical support and training resources.

EY will leverage its suite of analytics—around finance and performance management; predictive, cognitive and enterprise asset management; supply chain; finance; and risk management —to develop new solutions with IBM, boosting its client offerings in key sectors like life sciences, financial services, power and utilities, health care, consumer products, oil and gas and the public sector.

EY and IBM have a long-standing relationship developing innovative analytics to help clients solve their complex business issues. For example, EY’s Counter Fraud, powered by IBM, is configured to combine decades of EY’s investigative, forensic accounting and industry-specific knowledge with the Big Data computing intelligence and scalability of IBM.

Additionally, EY’s driver-based performance management solution incorporates IBM Cognos and TM1 capabilities to understand the impact on the organization of key financial and non-financial drivers—both external and internal. When a driver changes, the planning and reporting processes can help determine the expected outcome and test alternative scenarios to deal with that change