BCG and Intel Join Forces to Provide Customized AI Solutions

Boston Consulting Group (BCG) and Intel have announced a strategic partnership today. The collaboration will leverage Intel's end-to-end artificial intelligence (AI) hardware and software to enable Generative AI (GenAI), providing fully customized and proprietary solutions for enterprise customers while ensuring the isolation of privacy data within a trusted environment.

Suchi Srinivasan, Managing Director and Partner at BCG, stated, "Generative AI is an emerging and dynamic field, which means organizations must choose the right technology to drive their journey into Generative AI. This technology needs to be enterprise-grade from the start, taking into account privacy, security, usability, and scalability. Our collaboration with Intel will enable businesses to gain a competitive advantage through customized Generative AI solutions while carefully managing the people, processes, and policy changes needed to extract maximum value from these transformative solutions."

Expanding the capabilities of AI applications across enterprises continues to pose challenges for various industries. While the new wave of Generative AI capabilities has the potential to revolutionize entire industries and create long-term competitive advantages, one obstacle preventing widespread adoption is the inherent risks associated with data privacy and security. The foundation of this partnership lies in embedded security to better protect current and future data. According to a joint study by BCG and MIT Sloan Management Review, 84% of global executives believe that Responsible AI (RAI) should be a top priority on the management agenda, yet only 25% of executives have developed comprehensive RA plans.

Sandra Rivera, Executive Vice President and General Manager of Intel's Data Center and AI business, expressed, "Generative AI requires a truly democratized approach that can provide more secure and scalable options for businesses to safely benefit from the technology. Our collaboration with BCG allows us to assist clients in building Generative AI applications that require technology optimized across their chosen security boundaries for the entire stack."

BCG leverages the complementary advantages of Intel Xeon Scalable processors and the AI-optimized hardware accelerator, Habana Gaudi, along with Intel's AI supercomputers supported by production-ready hybrid cloud-scale software, to support domain-specific foundational models trained on BCG's proprietary data. These models provide insights based on over 50 years of highly confidential and proprietary data. Additionally, all AI training and inference are performed within BCG's secure environment.

With a customized natural language chatbot interface supported by Intel's AI hardware and software, BCG employees can retrieve and summarize information through semantic searches that were previously buried in lengthy lists within multi-page documents. User reports indicate a 41% increase in satisfaction, a 25% improvement in result relevance, and a 39% increase in work completion rates compared to the existing.