Bain & Company entered into a strategic partnership with AI Aspire, an advisory company founded by AI researcher and entrepreneur Andrew Ng, to help Global Enterprise expand artificial intelligence across its operations.
This collaboration combines Bain's sector expertise and experience in AI deployment with experience with NG's work in AI and machine learning. This partnership is in a position to help organizations drive enterprise-level outcomes beyond pilot projects.
“AI is the most transformative technology of our generation. To get the full potential, we need both cutting-edge technical thinking and practical implementation,” said Chuck Whitten, senior partner in digital capabilities and global head of Bain & Company. “That's what Bane does his best. We welcome Andrew Ng, one of the leading AI gurus, to our team and join forces with 1,500 AI and digital practitioners to help our clients move from experiments to corporate-wide impact.”
NG, who is also the founder of Deeplearning.ai, said the partnership is to help companies make AI part of their core business strategy.
“We are excited to partner with Bain & Company to create the best AI that leaders around the world can access,” he said. “Companies lack a thoughtful, strategic approach to AI risk are far behind their competitors, and this partnership is being prepared to lead the organization.
Bain reports a significant increase in demand for AI-driven business transformation is rising across the sector. Today, technology and AI-related work accounts for nearly 30% of the company's revenue. This is expected to grow to 50% over the next few years.
The partnership leverages Bain's AI, Insights and Solutions practices, including over 1,500 experts across data, analytics, machine learning, technology architecture and organizational development.
These teams work closely with Bain's industry practices to provide end-to-end support from implementation strategy.
The move is also based on Bain's existing partnerships with Openai, Microsoft, AWS, Google, SAP, Salesforce and IBM, expanding the broader AI and digital ecosystem.
