Bain & Company announced the expansion of its partnership with OpenAI, creator of ChatGPT and advanced AI models like GPT 4 and the new OpenAI, with the aim of accelerating the transformative impact of AI on the largest organizations in the world
Since 2022, Bain and OpenAI have been collaborating closely. Your global service alliance, announced at the beginning of 2023, brings AI innovations and OpenAI platforms to Bain clients worldwide. Bain has also made OpenAI platforms globally available to its employees, including ChatGPT Enterprise. Such tools have been used to deliver various pioneering and customized technology applications, increasing the efficiency and productivity of employees
Now, Bain and OpenAI will further expand and deepen the scope of their successful partnership. The innovations of OpenAI will be combined with Bain's extensive capability in AI implementation and its broad strategic experience. This expansion will further increase the ability to offer the most powerful solutions and meet the needs of customers throughout their journey with AI
With the expansion of the partnership, Bain is investing in the creation of an OpenAI Center of Excellence (CoE). Led by a dedicated team from Bain, with extensive experience and knowledge of the latestinsightsabout OpenAI's innovations, the CoE will provide services and technologies to help clients generate more value and impact in business
The combination of Bain's extensive experience in the sector with OpenAI's horizontal technological innovations creates revolutionary business value. With the partnership, Bain and OpenAI will co-develop and deliver the first solutions for the retail and healthcare sectors, with expansion to other areas soon. The Center of Excellence will have specialized technical resources, qualified to provide solutions that leverage OpenAI's cutting-edge technology, including multimodal applications, in real time and reasoning
"We saw the power of our partnership with OpenAI as we worked together with clients and within our own company". We achieved transformative results, we drive innovation and create sustainable value. With this expanded collaboration, let's go even further, leading the transformation of industries and delivering an even greater impact, says Christophe De Vusser, Managing Partner and global CEO of Bain
Brad Lightcap, COO of OpenAI, commented: "We are expanding our partnership with Bain to turn cutting-edge AI into real and impactful results for companies across various sectors. We want to ensure that companies make the most of the opportunity to operate more efficiently, better serve your customers and drive a new wave of innovation
The expansion of the partnership between Bain and OpenAI is based on significant results achieved for Bain's clients, including The Coca-Cola Company and Amgen
Bain has been working together with OpenAI to incorporate various AI solutions into its clients' operations and deliver tangible business results across multiple use cases. With that, Bain supported the transformation and improvement of processes, operational models, technological architectures, talents and data assets. Bain is leveraging OpenAI's rapid development products and platforms in its AI transformation consulting offerings, that encompass the development of AI strategies, process change, development of workforce and organizational strength, in addition to technological foundations, guiding leaders through their companies' AI journeys. With the expansion of the partnership, the two organizations begin to work together in a regular series of roundtables and joint industry events to showcase the impact of their collaborations in delivering transformative results for clients worldwide
