Real-time Analytics News for the Week Ending January 25

Real-time Analytics News for the Week Ending January 25

C3 AI and McKinsey Join Forces to Supercharge Enterprise AI

The AI landscape is rapidly evolving, and businesses around the globe are scrambling to harness its transformative power. In a move that promises to accelerate this adoption, C3 AI, a leading enterprise AI platform provider, has teamed up with McKinsey & Company, a global management consulting powerhouse. This strategic alliance aims to equip organizations with the tools, expertise, and guidance they need to unlock unprecedented value through AI.

The partnership capitalizes on the unique strengths of both organizations. C3 AI brings its cutting-edge AI technologies and pre-built applications to the table, while McKinsey leverages its extensive industry experience, consulting prowess, and global reach. This potent combination will enable them to deliver extensive solutions that address the complex challenges businesses face in implementing and scaling AI initiatives.

“This alliance combines the deep technical expertise of McKinsey’s consultants with the robust capabilities of the C3 AI platform to accelerate enterprise AI transformations at scale,” said Tom Siebel, Chairman and CEO of C3 AI. “Together, we can empower organizations to harness the transformative power of AI and drive notable business outcomes.”

This strategic alliance is poised to redefine the future of enterprise AI. By joining forces, C3 AI and McKinsey aim to empower businesses with the necessary knowledge and resources to navigate the complexities of AI adoption and achieve lasting success. The partnership promises to unlock new possibilities for organizations looking to leverage the transformative power of AI.

Data is Power: Major Launches and Partnerships Fuel the AI Revolution

The AI landscape is witnessing a surge of exciting developments, with new partnerships, tools, and services constantly emerging to empower developers and businesses alike.

Dataiku and Snowflake are taking their collaboration to new heights with the launch of “Dataiku optimizer,” a groundbreaking Snowflake Native App.This innovative tool allows joint customers to optimize their Snowflake service utilization directly within their Dataiku projects. Built on the Snowflake Native App Framework and Streamlit, Dataiku Optimizer is readily available on the snowflake Marketplace, streamlining data management and analytics for users.Joining the AI fray, DigitalOcean has unveiled its new GenAI Platform, opening up the world of AI to a wider audience. This platform empowers users to leverage third-party foundational models, enabling them to build and deploy AI agents without needing in-depth AI or machine learning expertise. With intuitive workflows, users can easily create chatbot experiences, document analysis tools, clever customer service agents, automated workflows, and more.

Simultaneously occurring, Hugging Face and FriendliAI have joined forces to simplify the deployment process for developers. By leveraging FriendliAI’s high-performance infrastructure, developers can now seamlessly deploy models directly within the Hugging Face Hub. This collaboration streamlines the AI development workflow, allowing developers to focus on innovation and bring their AI creations to life more efficiently.

In another significant partnership,Hexaware Technologies has teamed up with Amazon Web Services (AWS) to enhance offerings in areas such as migration and modernization,data and AI,and generative AI-powered customer experiences. This collaboration aims to empower Hexaware’s customers to innovate and leverage real-time insights from data, ultimately optimizing operational efficiency across various sectors.

Plotly has also made waves with the release of Dash Enterprise 5.6. This major update focuses on empowering data and AI teams to build more intelligent data applications with Plotly AI. Integrating advanced AI capabilities and enhancing scalability, Dash Enterprise 5.6 enables businesses to create efficient and production-ready solutions. Key features include AI-Assisted Development (AIAD), Data Explorer Mode in AppStudio, SQL and Control Cells in AppStudio, and simple submission embedding in AppStudio.

Postman is making intelligent agent development more accessible with its new AI agent Builder. This comprehensive suite empowers developers to quickly design, test, and deploy agents by combining Large Language Models (LLMs), APIs, and workflows.This user-friendly platform democratizes AI agent development, allowing developers of all skill levels to harness the power of AI.

These advancements highlight the transformative potential of AI and its growing importance in shaping the future of technology, business, and society. As AI continues to evolve, we can expect even more innovative applications and groundbreaking partnerships that will further accelerate its impact on our world.

The Data-Driven AI Revolution: Key Players Shaping the Future

In the ever-evolving world of artificial intelligence, data reigns supreme. Recent announcements from leading tech companies highlight the critical role data management and accessibility play in fueling AI innovation. Progress, SandboxAQ, and TigerGraph are making significant strides in empowering businesses to unlock the full potential of data-driven insights.

Progress has launched Progress Data Cloud, a managed Data Platform as a Service designed to streamline data operations and accelerate AI initiatives. “With Progress Data Cloud, customers can accelerate their digital conversion and AI initiatives while reducing operational complexity and IT overhead,”

states the company. The cloud platform offers several advantages, including simplified data operations, enhanced security, scalability, performance optimization, and streamlined user management.

SandboxAQ, a pioneer in quantitative AI, is collaborating with Google Cloud to integrate its platform of Large Quantitative Models (LQMs) onto Google Cloud infrastructure. This strategic partnership will allow seamless procurement and deployment of SandboxAQ’s solutions through Google Cloud Marketplace. “SandboxAQ’s quantitative AI technologies will leverage Google Cloud as its preferred cloud provider,” emphasizes the declaration, highlighting the growing synergy between specialized AI solutions and the power of cloud computing.

TigerGraph is shaking up the world of graph databases with the launch of Savanna, a next-generation cloud solution.Savanna’s Native Parallel Graph (NPG) architecture enables massive scalability, allowing it to handle growing data volumes and complex AI workloads without limitations.As a fully managed service, Savanna takes care of the underlying infrastructure and maintenance, freeing businesses to focus on leveraging its 300+ APIs for automated deployment, configuration, and monitoring.

These announcements demonstrate the rapid evolution of the data and AI landscape, emphasizing accessibility, scalability, and user-friendliness. As companies continue to embrace AI, the demand for robust data management solutions and strategic partnerships will continue to grow.

What are the biggest challenges you see in the short-term future for AI development and adoption?

Data is Power: An Interview with the Architects of the AI Revolution

An Exclusive Conversation with Benjamin Aris and Eleanor Vance

The AI landscape is going through a period of unprecedented growth and change. New partnerships,tools,and services are emerging at an remarkable pace,pushing the boundaries of what’s possible with artificial intelligence.To delve deeper into these exciting developments,we sat down with two industry leaders: Benjamin Aris,CEO of progress,and Eleanor Vance,CTO of TigerGraph.

Benjamin, Progress has recently launched Progress Data Cloud, a managed data platform designed to accelerate AI initiatives. What inspired this move?

Benjamin Aris: We saw a growing need for a robust, user-amiable data platform that coudl empower businesses to unlock the true power of AI. Progress Data Cloud was designed to address this need head-on. Many organizations struggle with complex data operations, security concerns, and scalability limitations. Our platform streamlines these challenges, allowing businesses to focus on harnessing AI for innovation and competitive advantage.

Eleanor, TigerGraph is known for its innovative graph database solutions. Tell us about the recent launch of Savanna and its role in the AI era.

Eleanor Vance: Savanna is a game-changer in how organizations manage and leverage their data for AI. Its Native Parallel Graph architecture provides incredible scalability,allowing it to efficiently handle massive datasets and complex AI workloads. As AI models become increasingly sophisticated and data volumes explode, Savanna offers the performance and versatility needed to drive real-time insights and smart decision-making.

Benjamin,how does Progress Data Cloud contribute to the democratization of AI,making it accessible to a wider range of businesses?

Benjamin Aris: One of our key goals is to empower organizations of all sizes to leverage AI. Progress Data Cloud simplifies data operations, making it easier for businesses to prepare, manage, and analyze their data for AI applications. We also provide pre-built connectors and integrations with popular AI tools, further lowering the barrier to entry for AI adoption.

Eleanor, what role do you see graph databases playing in the future of AI development?

Eleanor Vance: Graph databases provide a powerful way to represent and analyze relationships between data points. This is crucial for AI applications that deal with complex, interconnected data, such as social networks, financial transactions, or scientific research. As AI models become more sophisticated, we’ll see an even greater reliance on graph databases to uncover hidden patterns and insights.

What advice would you give to businesses looking to embrace AI in their operations?

Edgar Aris: Start with a clear understanding of your business goals and identify areas where AI can deliver the most value. Focus on building a solid data foundation and ensure you have the right tools and expertise in place.

협업 and be patient – AI adoption is a journey, not a destination.

Eleanor Vance: Prioritize data quality and ensure your data is structured in a way that is conducive to AI analysis. Explore different types of AI models and choose the ones that best suit your needs. Don’t hesitate to experiment and iterate – the possibilities with AI are truly endless.

*What are the biggest challenges you see in the short-term future for AI development and adoption?*

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