Latest news with #Omnia
Cision Canada
an hour ago
- Business
- Cision Canada
Deloitte Canada Expands its Suite of GenAI and Agentic AI Capabilities in Omnia, Advancing the Audit Experience Français
New AI features empower auditors to navigate an increasingly complex, tech-enabled business landscape amid evolving client needs TORONTO, July 30, 2025 /CNW/ -Deloitte Canada has announced a series of new artificial intelligence (AI) capabilities within Omnia, Deloitte's global cloud-based Audit & Assurance platform, designed to evolve the audit and assurance experience, advancing Deloitte's effort to drive innovation with enhanced technology. As the external landscape and client businesses transform, these capabilities represent an evolution of the audit process, addressing increasing complexity with agile, integrated solutions. "AI is reshaping the future of the audit profession, driving meaningful advancements that strengthen innovation and trust," said Susan Bennett, Managing Partner, Audit & Assurance, Deloitte Canada. "With these new AI capabilities within Omnia, our people are equipped with cutting-edge tools to meet the complex and rapidly changing needs of Canadian clients and communities, ensuring we continue to deliver exceptional quality and value in a dynamic landscape." Advancing audit processes with GenAI Building upon Deloitte's award-winning Omnia platform, this suite of new capabilities reimagines key processes using Generative AI (GenAI): Enhanced documentation review: GenAI capabilities can perform initial reviews of audit documentation and suggest enhancements for clarity and consistency. Improved navigation of financial statements: can explore relevant information in uploaded draft financial statements and ask nuanced questions about statement content, streamlining tie-out procedures. Streamlined data extraction processes: GenAI's ability to summarize information across documents enables auditors to unlock richer insights and reach conclusions more efficiently. Advanced drafting capabilities: A GenAI-powered workflow can create first drafts of audit-related communications and accounting memos. Improved research capabilities: New capabilities within Deloitte's audit and accounting research platform help deliver timely responses to auditor research questions and synthesize challenging accounting topics, helping them uncover new insights. Proactive risk management: Deloitte is developing risk identification technology designed to evaluate external information sources for risk events and identify potential audit risk factors. "Leveraging technology that complements and amplifies the professional judgment of our auditors is essential to shaping the future of the profession," said Gianmarco Lombardi, Audit & Assurance and Digital Change Leader, Deloitte Canada. "Through more than a decade of strategic investment in our Omnia platform, we are enabling our people to lead the audit industry with confidence and deliver exceptional results on every engagement." The next frontier: Empowering auditors with AI agents As the next step in the evolution of Omnia technology, Deloitte is integrating intelligent agent capabilities into the Omnia ecosystem. AI agents function as digital specialists capable of performing specific tasks, remembering relevant information, and coordinating with other agents as an interconnected system. These AI capabilities were all developed in alignment with Deloitte's Trustworthy AI™ framework, which embeds governance, controls, and compliance throughout the AI lifecycle, driving Deloitte's quality imperative and improving user confidence and trust. Technology innovation and ongoing AI commitment Since its launch in 2015, Omnia has evolved to embrace new technology, with the goal of delivering a high quality, tailored audit experience adapted to meet the challenges of our clients. Last year, Deloitte was recognized with the inaugural 'AI Innovation Initiative of the Year' award at the International Accounting Forum and Awards for its enhanced Omnia GenAI capabilities. Deloitte remains committed to infusing GenAI across the organization to empower its professionals and augment their skills. Deloitte has rolled out purpose-specific large language models and chatbots that can be leveraged by Deloitte's nearly 85,000 audit and assurance practitioners globally. Deloitte's audit professionals also leverage the organization's employee-wide GenAI chatbot, running over three million AI prompts in the first year of use. Deloitte also continues to broaden its external AI technology offerings, most recently launching the Global Agentic Network. This network offers a suite of ready-to-deploy AI agents that enable Deloitte practitioners to advise clients on deployment at scale. For more information about Omnia, please visit our webpage. About Deloitte Canada At Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future. And as the largest Canadian-owned and operated professional services firm in our country, we are proud to work alongside our clients to make a positive impact for all Canadians. Deloitte provides industry-leading consulting, tax and legal, financial advisory, audit and assurance, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. We bring together world-class capabilities, insights, and services to address clients' most complex business challenges. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. © Deloitte LLP and affiliated entities.
Powys County Times
6 days ago
- Business
- Powys County Times
Tesco to start selling potatoes grown in low-carbon technology trials
Tesco plans to start selling potatoes and other crops grown on a farm hosting trials for emerging innovations that have potential to decarbonise food production. The supermarket recently unveiled its arable 'low-carbon concept farm' in Lincolnshire, a multi-year commitment launched in January to test methods of reducing planet-heating greenhouse gas emissions caused by farming. Farmers recently started testing some of the new products and techniques on various crops in the fields of Langrick Farm, near Boston. Tesco is working in partnership with potato supplier Branston and collaborating with pea, wheat and broccoli suppliers on a seven-year crop rotation to minimise disease and boost soil health. Branston has been using some of the lower-carbon techniques across 20 acres on the farm. The company said it expects to harvest about 520 tonnes of potatoes from that section, which could supply about 260,000 two-kilogram packs of potatoes to Tesco shelves later this year. Plans also involve trialling innovations over the next few years that range from robotic tilling, low-nitrogen crop varieties and alternative fuels to biomass heating, pollinator cover crops and anaerobic digesters. R-Leaf, a product that converts nitrogen pollutants from the atmosphere into plant feed, Ccm Technologies' low-carbon fertiliser and Omnia, a system designed to map farms and gather data, are among the technologies already out in the fields. Langrick is one of two so-called 'low-carbon concept farms' that Tesco announced in January, the second of which is a collaboration with livestock producer ABP, where the trials are currently less established. It is understood Tesco is supporting the farms financially in the initiative, through its contracts with the suppliers. By exploring which innovations are economically viable and have real-world measured impacts, the supermarket hopes to de-risk green investments for its supply base. The trials will take several years although they come at a time when 2030 climate targets are fast approaching and increasingly extreme climate patterns are already affecting British farms. Asked why Tesco is spearheading the trials, Ashwin Prasad, the supermarket's UK chief executive, said the supermarket has a 'vested interest' in a resilient food economy. 'Being the leading retailer in the UK, I do think we have a responsibility to lead for the things that create a path for food security, better environmental outcomes, better outcomes for farming families and communities,' he told the PA news agency. Some Tesco farmers have told the supermarket that scale-up innovation is inaccessible and expensive, and the risk of investing in unproven technologies too high, according to Mr Prasad. One aim of the trials is to help de-risk low carbon investments for suppliers by establishing which technologies work but are also financially viable for the farmers. The supermarket has not yet outlined a formal strategy on how it will incentivise suppliers to invest in and adopt proven technologies beyond the trials. But Mr Prasad said the supermarket will likely share the findings with its sustainable farming groups – a platform for Tesco farmers and suppliers to collaborate on best practices for sustainability and animal welfare – before exploring opportunities for scale. 'It's early days still,' Mr Prasad said. 'I think the first thing we've got to do is just make sure we don't run before we've really learnt how to walk in this space, given these are new and emerging technologies, and give ourselves enough time to feel confident about them.' On whether the cost of investing in these technologies will ultimately be pushed on to farmers or shoppers, he said: 'Consumers are really facing tough times in the UK. 'Our role is to also champion them for value and then work through those relationships … with our suppliers to say 'How can we accelerate the technologies that do the things consumers are looking for without exorbitant cost increases?'' A key tool for encouraging farmers to take on these technologies will likely be long-term contracts, he said, adding that this can provide them with certainty to make investment decisions. Another aim of the low-carbon concept farms is to get different suppliers working together to find solutions on a pre-competitive basis, Mr Prasad said. 'All of these things feel like they have broader application, so the collaboration pre-competitively versus a more restricted mindset … could be another big unlock.' Asked if Tesco will share its findings with other supermarkets, he said: 'Yes, absolutely'. 'The route to net zero isn't something you are able to achieve on your own. 'It requires everyone to work together and understand what things could be scaled so that we're all making progress against that target that we have to do as a nation.'
Yahoo
6 days ago
- Business
- Yahoo
Tesco to start selling potatoes grown in low-carbon technology trials
Tesco plans to start selling potatoes and other crops grown on a farm hosting trials for emerging innovations that have potential to decarbonise food production. The supermarket recently unveiled its arable 'low-carbon concept farm' in Lincolnshire, a multi-year commitment launched in January to test methods of reducing planet-heating greenhouse gas emissions caused by farming. Farmers recently started testing some of the new products and techniques on various crops in the fields of Langrick Farm, near Boston. Tesco is working in partnership with potato supplier Branston and collaborating with pea, wheat and broccoli suppliers on a seven-year crop rotation to minimise disease and boost soil health. Branston has been using some of the lower-carbon techniques across 20 acres on the farm. The company said it expects to harvest about 520 tonnes of potatoes from that section, which could supply about 260,000 two-kilogram packs of potatoes to Tesco shelves later this year. Plans also involve trialling innovations over the next few years that range from robotic tilling, low-nitrogen crop varieties and alternative fuels to biomass heating, pollinator cover crops and anaerobic digesters. R-Leaf, a product that converts nitrogen pollutants from the atmosphere into plant feed, Ccm Technologies' low-carbon fertiliser and Omnia, a system designed to map farms and gather data, are among the technologies already out in the fields. Langrick is one of two so-called 'low-carbon concept farms' that Tesco announced in January, the second of which is a collaboration with livestock producer ABP, where the trials are currently less established. It is understood Tesco is supporting the farms financially in the initiative, through its contracts with the suppliers. By exploring which innovations are economically viable and have real-world measured impacts, the supermarket hopes to de-risk green investments for its supply base. The trials will take several years although they come at a time when 2030 climate targets are fast approaching and increasingly extreme climate patterns are already affecting British farms. Asked why Tesco is spearheading the trials, Ashwin Prasad, the supermarket's UK and Ireland chief executive, said the supermarket has a 'vested interest' in a resilient food economy. 'Being the leading retailer in the UK, I do think we have a responsibility to lead for the things that create a path for food security, better environmental outcomes, better outcomes for farming families and communities,' he told the PA news agency. Some Tesco farmers have told the supermarket that scale-up innovation is inaccessible and expensive, and the risk of investing in unproven technologies too high, according to Mr Prasad. One aim of the trials is to help de-risk low carbon investments for suppliers by establishing which technologies work but are also financially viable for the farmers. The supermarket has not yet outlined a formal strategy on how it will incentivise suppliers to invest in and adopt proven technologies beyond the trials. But Mr Prasad said the supermarket will likely share the findings with its sustainable farming groups – a platform for Tesco farmers and suppliers to collaborate on best practices for sustainability and animal welfare – before exploring opportunities for scale. 'It's early days still,' Mr Prasad said. 'I think the first thing we've got to do is just make sure we don't run before we've really learnt how to walk in this space, given these are new and emerging technologies, and give ourselves enough time to feel confident about them.' On whether the cost of investing in these technologies will ultimately be pushed on to farmers or shoppers, he said: 'Consumers are really facing tough times in the UK. 'Our role is to also champion them for value and then work through those relationships … with our suppliers to say 'How can we accelerate the technologies that do the things consumers are looking for without exorbitant cost increases?'' A key tool for encouraging farmers to take on these technologies will likely be long-term contracts, he said, adding that this can provide them with certainty to make investment decisions. Another aim of the low-carbon concept farms is to get different suppliers working together to find solutions on a pre-competitive basis, Mr Prasad said. 'All of these things feel like they have broader application, so the collaboration pre-competitively versus a more restricted mindset … could be another big unlock.' Asked if Tesco will share its findings with other supermarkets, he said: 'Yes, absolutely'. 'The route to net zero isn't something you are able to achieve on your own. 'It requires everyone to work together and understand what things could be scaled so that we're all making progress against that target that we have to do as a nation.'
South Wales Guardian
6 days ago
- Business
- South Wales Guardian
Tesco to start selling potatoes grown in low-carbon technology trials
The supermarket recently unveiled its arable 'low-carbon concept farm' in Lincolnshire, a multi-year commitment launched in January to test methods of reducing planet-heating greenhouse gas emissions caused by farming. Farmers recently started testing some of the new products and techniques on various crops in the fields of Langrick Farm, near Boston. Tesco is working in partnership with potato supplier Branston and collaborating with pea, wheat and broccoli suppliers on a seven-year crop rotation to minimise disease and boost soil health. Branston has been using some of the lower-carbon techniques across 20 acres on the farm. The company said it expects to harvest about 520 tonnes of potatoes from that section, which could supply about 260,000 two-kilogram packs of potatoes to Tesco shelves later this year. Plans also involve trialling innovations over the next few years that range from robotic tilling, low-nitrogen crop varieties and alternative fuels to biomass heating, pollinator cover crops and anaerobic digesters. R-Leaf, a product that converts nitrogen pollutants from the atmosphere into plant feed, Ccm Technologies' low-carbon fertiliser and Omnia, a system designed to map farms and gather data, are among the technologies already out in the fields. Langrick is one of two so-called 'low-carbon concept farms' that Tesco announced in January, the second of which is a collaboration with livestock producer ABP, where the trials are currently less established. It is understood Tesco is supporting the farms financially in the initiative, through its contracts with the suppliers. By exploring which innovations are economically viable and have real-world measured impacts, the supermarket hopes to de-risk green investments for its supply base. The trials will take several years although they come at a time when 2030 climate targets are fast approaching and increasingly extreme climate patterns are already affecting British farms. Asked why Tesco is spearheading the trials, Ashwin Prasad, the supermarket's UK and Ireland chief executive, said the supermarket has a 'vested interest' in a resilient food economy. 'Being the leading retailer in the UK, I do think we have a responsibility to lead for the things that create a path for food security, better environmental outcomes, better outcomes for farming families and communities,' he told the PA news agency. Some Tesco farmers have told the supermarket that scale-up innovation is inaccessible and expensive, and the risk of investing in unproven technologies too high, according to Mr Prasad. One aim of the trials is to help de-risk low carbon investments for suppliers by establishing which technologies work but are also financially viable for the farmers. The supermarket has not yet outlined a formal strategy on how it will incentivise suppliers to invest in and adopt proven technologies beyond the trials. But Mr Prasad said the supermarket will likely share the findings with its sustainable farming groups – a platform for Tesco farmers and suppliers to collaborate on best practices for sustainability and animal welfare – before exploring opportunities for scale. 'It's early days still,' Mr Prasad said. 'I think the first thing we've got to do is just make sure we don't run before we've really learnt how to walk in this space, given these are new and emerging technologies, and give ourselves enough time to feel confident about them.' On whether the cost of investing in these technologies will ultimately be pushed on to farmers or shoppers, he said: 'Consumers are really facing tough times in the UK. 'Our role is to also champion them for value and then work through those relationships … with our suppliers to say 'How can we accelerate the technologies that do the things consumers are looking for without exorbitant cost increases?'' A key tool for encouraging farmers to take on these technologies will likely be long-term contracts, he said, adding that this can provide them with certainty to make investment decisions. Another aim of the low-carbon concept farms is to get different suppliers working together to find solutions on a pre-competitive basis, Mr Prasad said. 'All of these things feel like they have broader application, so the collaboration pre-competitively versus a more restricted mindset … could be another big unlock.' Asked if Tesco will share its findings with other supermarkets, he said: 'Yes, absolutely'. 'The route to net zero isn't something you are able to achieve on your own. 'It requires everyone to work together and understand what things could be scaled so that we're all making progress against that target that we have to do as a nation.'
Western Telegraph
6 days ago
- Business
- Western Telegraph
Tesco to start selling potatoes grown in low-carbon technology trials
The supermarket recently unveiled its arable 'low-carbon concept farm' in Lincolnshire, a multi-year commitment launched in January to test methods of reducing planet-heating greenhouse gas emissions caused by farming. Farmers recently started testing some of the new products and techniques on various crops in the fields of Langrick Farm, near Boston. Tesco is working in partnership with potato supplier Branston and collaborating with pea, wheat and broccoli suppliers on a seven-year crop rotation to minimise disease and boost soil health. A view of Langrick Farm, Lincolnshire (Tesco) Branston has been using some of the lower-carbon techniques across 20 acres on the farm. The company said it expects to harvest about 520 tonnes of potatoes from that section, which could supply about 260,000 two-kilogram packs of potatoes to Tesco shelves later this year. Plans also involve trialling innovations over the next few years that range from robotic tilling, low-nitrogen crop varieties and alternative fuels to biomass heating, pollinator cover crops and anaerobic digesters. R-Leaf, a product that converts nitrogen pollutants from the atmosphere into plant feed, Ccm Technologies' low-carbon fertiliser and Omnia, a system designed to map farms and gather data, are among the technologies already out in the fields. Langrick is one of two so-called 'low-carbon concept farms' that Tesco announced in January, the second of which is a collaboration with livestock producer ABP, where the trials are currently less established. It is understood Tesco is supporting the farms financially in the initiative, through its contracts with the suppliers. Tesco suppliers and farmers tour Langrick Farm in Lincolnshire (Tesco) By exploring which innovations are economically viable and have real-world measured impacts, the supermarket hopes to de-risk green investments for its supply base. The trials will take several years although they come at a time when 2030 climate targets are fast approaching and increasingly extreme climate patterns are already affecting British farms. Asked why Tesco is spearheading the trials, Ashwin Prasad, the supermarket's UK and Ireland chief executive, said the supermarket has a 'vested interest' in a resilient food economy. 'Being the leading retailer in the UK, I do think we have a responsibility to lead for the things that create a path for food security, better environmental outcomes, better outcomes for farming families and communities,' he told the PA news agency. Some Tesco farmers have told the supermarket that scale-up innovation is inaccessible and expensive, and the risk of investing in unproven technologies too high, according to Mr Prasad. One aim of the trials is to help de-risk low carbon investments for suppliers by establishing which technologies work but are also financially viable for the farmers. The supermarket has not yet outlined a formal strategy on how it will incentivise suppliers to invest in and adopt proven technologies beyond the trials. Crops growing on Langrick Farm, Lincolnshire (Tesco) But Mr Prasad said the supermarket will likely share the findings with its sustainable farming groups – a platform for Tesco farmers and suppliers to collaborate on best practices for sustainability and animal welfare – before exploring opportunities for scale. 'It's early days still,' Mr Prasad said. 'I think the first thing we've got to do is just make sure we don't run before we've really learnt how to walk in this space, given these are new and emerging technologies, and give ourselves enough time to feel confident about them.' On whether the cost of investing in these technologies will ultimately be pushed on to farmers or shoppers, he said: 'Consumers are really facing tough times in the UK. 'Our role is to also champion them for value and then work through those relationships … with our suppliers to say 'How can we accelerate the technologies that do the things consumers are looking for without exorbitant cost increases?'' A key tool for encouraging farmers to take on these technologies will likely be long-term contracts, he said, adding that this can provide them with certainty to make investment decisions. Another aim of the low-carbon concept farms is to get different suppliers working together to find solutions on a pre-competitive basis, Mr Prasad said. 'All of these things feel like they have broader application, so the collaboration pre-competitively versus a more restricted mindset … could be another big unlock.' Asked if Tesco will share its findings with other supermarkets, he said: 'Yes, absolutely'. 'The route to net zero isn't something you are able to achieve on your own. 'It requires everyone to work together and understand what things could be scaled so that we're all making progress against that target that we have to do as a nation.'
