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International Business Machines Corporation (IBM) has expanded its collaboration with Microsoft Corporation (MSFT) to enhance its consulting capabilities. This partnership integrates Microsoft’s Copilot with IBM’s multi-model AI platform, IBM Consulting Advantage, allowing IBM-certified consultants to utilize AI assistants within Microsoft 365 applications such as Word and Excel.
Through this integration, IBM estimates an annual savings of over 250,000 hours, equating to approximately $35 million in value. In the third quarter, IBM’s Consulting segment generated $5.32 billion in revenues, an increase from $5.15 billion year-over-year. The consulting revenue is projected to reach $21.2 billion for the current fiscal year, reflecting a 2.5% year-over-year growth.
The AI consulting services market is anticipated to grow at a 26.2% compound annual growth rate from 2025 to 2035, positioning IBM favorably within this emerging trend.
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