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<v ->If I look at the last 30 to 40 years,</v>

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we are in a unique set of circumstances.

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We have inflation.

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We have a demographic shift

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in at least all advanced economies

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where there are fewer people.

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Add to it cyber risk, geopolitical uncertainty,

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including its impact on supply chains.

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So how do you grow in the face of those headwinds?

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Technology is a way to grow, that's number one.

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Two, you've got to simplify the business.

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The whole question comes down to, what does good look like?

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The thinking and the design work

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is where we really heavily collaborate with BCG.

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<v ->The BCG and IBM partnership has really brought to life</v>

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the benefit that we can gain from each other.

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We really deeply wanted to understand

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what does best look like?

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How do we actually elevate ourself

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to be the most productive company in the world?

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<v ->BCG worked closely with IBM</v>

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to identify productivity impact

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across a variety of different dimensions.

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So far, the program has delivered

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more than $1.5 billion of bottom-line impact to IBM,

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and we have a clear line of sight to more than $3 billion

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of value creation.

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<v ->The return on investment, the return on value,</v>

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the time to value on this particular journey

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has been exceptional.

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Here we are 18 months into our journey together.

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We have delivered an incredible amount of savings,

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but we've also improved the experience

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and the productivity of all IBMers.

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<v ->Always, always, always,</v>

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we were thinking about the linkage back to strategy.

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Can we use some of IBM's internal technologies,

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including their capabilities around generative AI?

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<v ->We've brought to life Watsonx</v>

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in all of our business processes.

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Whether you're in HR, whether you're in finance,

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whether you're in sales,

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we really have given you the enablement

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to use a digital assistant to bring to life the data

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and to help you make the right decisions faster

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and with more intelligence.

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<v ->We have created a joint offering</v>

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that brings the best of BCG and IBM's capabilities

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to help our clients get the most productivity

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and value that we can deliver.

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<v ->What would it feel like to be part of a company</v>

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that truly had transformed every element with productivity

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and AI?

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For us and our partnership, I think the vision is clear.

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We are going to make it that you can be fast,

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you can be agile, you can adjust

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to whatever market dynamics may come,

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but you also can do it with data-driven insights

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and make much smarter decisions.

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<v ->These are examples of what we are doing,</v>

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leveraging AI inside our own business

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and on track by the end of the year

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to take 3 billion out of the business.

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That productivity, by the way, is what feeds

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all of the investments we need to do around the innovation

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that we're trying to get done.

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(upbeat music)