Bertelsmanns global services company Arvato Systems announced that it partnered with Microsoft for Artificial Intelligence. Arvato Systems becomes an official Microsoft AI Partner. The partnership allow Arvato to benefit from the advantages of the “AI Inner Circle” partner program and to further expand its strength in the area of data and AI through direct access to Microsoft AI resources.
- Arvato Systems supports companies in digital transformation and relies on the power of artificial intelligence in many areas. Thanks to its interdisciplinary competence network, the “Arvato Systems AI Competence Cluster”, the IT specialist is able to implement appropriate AI projects from A to Z.
- This expertise has now been further emphazized and recognized by inclusion in the Microsoft “AI Inner Circle” program.
- Microsoft’s “AI Inner Circle” partner program is designed for partners who provide customized services or advanced AI product solutions using Microsoft AI technologies.
In April 2020, Bertelsmann announced that it owns 100% of the shares in the worlds biggest trade publishing group, Penguin Random House, headquartered in New York. The international media, services, and education company has completed the acquisition of the remaining 25-percent stake from co-shareholder Pearson after receiving all necessary regulatory approvals.
In January 2020, Bertelsmann Investments (BI) has committed an investment to the latest fund by Vertex Ventures Southeast Asia & India. This new fund the fourth raised by Vertex Ventures SEA & India closed at US$305 million and, like its predecessor funds, will invest in startups in Southeast Asia and India in the fields of enterprise technology, financial technology, and consumer internet.
Bertelsmann, headquartered in Gütersloh, Germany, is a leading media, services and education company. the company operates in around 50 countries and employs close to 120,000 employees around the world. Bertelsmann includes the broadcaster RTL Group, the trade book publisher Penguin Random House, the magazine publisher Gruner + Jahr, the music company BMG, the service provider Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments etc.