- Softchoice (TSX:SFTC) and Microsoft (NDAQ:MSFT) have revealed they will be advancing generative artificial intelligence adoption together
- The agreement expands on the entities’ existing partnership that has been in place for more than 30 years
- The companies will build for the next phase of growth driven through AI solutions in the cloud and workplace
- Shares of Softchoice are up 0.34 per cent to C$17.56 as of 10:56 am ET
Softchoice (TSX:SFTC) and Microsoft (NDAQ:MSFT) are gearing up to advance generative artificial intelligence (AI) adoption together.
In a news release, Softchoice – which is a software-focused information technology solutions provider – stated that the agreement expands on the entities’ existing partnership, which has been in place for more than 30 years.
In this next phase of the partnership, the companies will build for the next phase of growth driven through AI solutions in cloud and workplace.
“We are excited about the next phase of our relationship, enabling organizations to move faster on their AI journeys and deliver better outcomes to their stakeholders,” Andrew Caprara, CEO of Softchoice, said in a news release.
As part of the agreement, Softchoice will develop, sell and deliver Microsoft’s cloud and digital workplace AI and security solutions. These include Microsoft Copilot for Microsoft 365 and Microsoft Copilot for Security.
The agreement comes on the heels of Sofchoice launching its AI solutions team earlier in 2024 that aims to deliver next-generation cloud and workplace AI solutions for organizations throughout Canada and the United States.
Softchoice is among the first companies to have implemented Copilot for Microsoft 365, which has proven to:
- reduce time spent summarizing technical meetings by 97 per cent and reducing other meetings by 75 per cent
- reducing time spent creating internal training modules and avoiding outsourced costs by 70 per cent
- reduce time spent creating customer-facing technical content by 62 to 67 per cent
With its headquarters out of Vancouver, Softchoice is a software- and cloud-focused IT solutions provider.
Shares of Softchoice (TSX:SFTC) are up 0.34 per cent to C$17.56 as of 10:56 am ET.
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