Gen-AI Archives - AiThority

Software Code Clean Up Slowed by Pending Regulations; Many Turning To Gen AI and Unit Tests

GlobeNewswire — Tue, 09 Jan 2024 08:31:16 +0000

New compliance requirements called DORA pushing banks to generative AI solutions to meet 2025 deadlines, according to Diffblue

Diffblue, creators of the world’s first fully autonomous generative AI-for-code software announced dramatically increasing demand for AI-powered software unit testing solutions, especially among banks, as firms rush to meet new, stringent software code quality regulations.

A year ago, the European Parliament approved the Digital Operational Resilience Act (DORA), which will enter into force in 2025. It includes six key components for financial services to address to bolster their digital resilience. ESAs will increase their supervision on financial institutions and will implement stronger controls.

“AI automation is changing the banking industry in many ways but it is also helping firms automate and improve compliance initiatives to meet the requirements of stricter software code quality standards,” said Mathew Lodge, CEO of Diffblue, developers of Diffblue Cover, an automated Java software unit testing solution.

The financial stakes are high.

Last December UK regulators fined bank TSB more than $60 million for failures in risk management and governance after an IT outage locked two million customers out of their accounts. The fine stemmed from a botched migration of TSB customers to Spanish bank Banco Sabadell which had acquired TSB in 2015.

The mistakes cost CEO Paul Pester his job and TSB had to spend nearly half a billion dollars to resolve the problems and compensate customers. Regulators accused TSB of failure to organize and control the IT migration program adequately and manage the operational risks.

DORA will require companies to focus on a Digital Resilience Strategy accompanied by a Digital Resilience Framework. It requires an end-to-end view of the entire ICT landscape that supports critical business functions. Proper unit testing of software can mitigate these risks tremendously, documenting in advance that the code will perform as intended.

Diffblue Cover is helping scores of banks adopt DORA and keep regulators at bay when modernizing legacy mission-critical Java applications. Unit tests written by Diffblue Cover enable rapid understanding of complex applications allowing customers to innovate with confidence. It’s also the only fully-automated generative AI solution that can autonomously write new code, improve existing code, accelerate CI pipelines and provide deep insight into risks associated with change without requiring manual review.

To see a demo of Diffblue Cover, please visit here. Experts at Diffblue will schedule a convenient time to show you how AI for Code and Diffblue Cover can:

Speed up modernization of your Java applications;
Protect your code from regressions;
Ship code with fewer customer-found defects
Make life easier for your development teams;
Reduce the risk of code breakages in fragile applications;
Maximize unit test coverage;
Get new insights into your code’s testability and health

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[To share your insights with us, please write to sghosh@martechseries.com]

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Top 10 News of Dell in 2023

AIT Staff Writer — Sun, 07 Jan 2024 07:12:37 +0000

As the technology landscape evolves, Dell emerges in 2023 with a host of transformative developments, marking its continued impact on the world of computing and innovation. Dell, a stalwart in the tech industry, starts the year 2023 with a flurry of groundbreaking news stories, offering a glimpse into the company’s strategic moves and technological advancements that are set to shape the future of computing. In the realm of cutting-edge technology, Dell stands as a key player, and the top 10 news stories for 2023 shed light on the company’s commitment to driving progress and meeting the evolving needs of the digital age.

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Top 10 News of Dell in 2023

Dell Technologies Storage Advancements Accelerate AI and Generative AI Strategies

Dell PowerScale systems deliver up to a 200% performance improvement for streaming reads and writes to help customers more quickly access data for AI workloads

Dell Technologies is helping customers achieve faster AI and generative AI (GenAI) performance with new enterprise data storage advancements and validation with the NVIDIA DGX SuperPOD AI infrastructure.

“Storage performance is a critical factor for successful AI and generative AI outcomes,” said Arthur Lewis, president, Infrastructure Solutions Group, Dell Technologies. “Customers are relying on us to continually push the boundaries of storage innovation, including removing data access bottlenecks that limit the throughput and scalability of compute-intensive applications. We are addressing these needs by delivering fast, efficient and secure access to data and turning it into a proverbial goldmine of AI and GenAI possibilities.”

Dell Technologies and Meta to Drive Generative AI Innovation with Llama 2 On Premises

Dell Technologies is collaborating with Meta to make it easy for Dell customers to deploy Meta’s Llama 2 models on premises with Dell’s generative AI (GenAI) portfolio of IT infrastructure, client devices and professional services.

“We are at the beginning of a new era with generative AI transforming how industries operate, innovate and compete,” said Jeff Boudreau, chief AI officer, Dell Technologies. “With the Dell and Meta technology collaboration, we’re making open-source GenAI more accessible to all customers, through detailed implementation guidance paired with the optimal software and hardware infrastructure for deployments of all sizes. Now, customers can more easily deploy secure GenAI models on premises for powerful new approaches and insights.”

Read:The Top AiThority Articles Of 2023

Dell Technologies Growing Generative AI Portfolio Speeds Business Transformations

Dell Technologies expands its Dell Generative AI Solutions portfolio, helping businesses transform how they work along every step of their generative AI (GenAI) journeys.

“To maximize AI efforts and support workloads across public clouds, on-premises environments and at the edge, companies need a robust data foundation with the right infrastructure, software and services,” said Jeff Boudreau, chief AI officer, Dell Technologies. “That’s what we are building with our expanded validated designs, professional services, modern data lakehouse and the world’s broadest GenAI solutions portfolio.”

Secuvy Announces New Investments from Dell Technologies Capital and WestWave Capital to Modernize Data Privacy and Security

Secuvy, the cloud-native, contextual data privacy & security platform, has announced the successful completion of its funding round from investors. The funding will be used in accelerating company growth plans, expanding the team, and further developing and enhancing the Secuvy privacy & security platform. The latest funding round was led by Dell Technologies Capital & WestWave Capital, with participation from Z5 Capital.

“Data privacy is a top priority for every enterprise company that handles any type of personal data, but current solutions have not been adequate across several dimensions,” said Ryan Wexler, investor at Dell Technologies Capital. “The team at Secuvy has taken a forward-looking approach, building a modern, fully cloud-native platform. They can easily scale to meet their customers’ growing and ever more complex needs.”

Dell Technologies and NVIDIA Introduce Project Helix for Secure, On-Premises Generative AI

Dell Technologies and NVIDIA announce a joint initiative to make it easier for businesses to build and use generative AI models on-premises to quickly and securely deliver better customer service, market intelligence, enterprise search and a range of other capabilities.

Project Helix will deliver a series of full-stack solutions with technical expertise and pre-built tools based on Dell and NVIDIA infrastructure and software. It includes a complete blueprint to help enterprises use their proprietary data and more easily deploy generative AI responsibly and accurately.

“Project Helix gives enterprises purpose-built AI models to more quickly and securely gain value from the immense amounts of data underused today,” said Jeff Clarke, vice chairman and co-chief operating officer, Dell Technologies. “With highly scalable and efficient infrastructure, enterprises can create a new wave of generative AI solutions that can reinvent their industries.”

Read: State Of AI In 2024 In The Top 5 Industries

Dell APEX Portfolio Advancements Help Customers Strengthen Multicloud Strategies and Simplify IT Operations

Dell Technologies unveils new Dell APEX offerings across cloud platforms, public cloud storage software, client devices and compute. These additions to the industry’s most comprehensive as-a-Service and multicloud portfolio spanning data center to public cloud and client devices will help businesses operate and innovate faster through improved management and mobility of their applications and data wherever they reside.

“Our customers continue to look for a simpler technology experience to easily manage and access their assets and applications with predictable costs and greater flexibility,” said Chuck Whitten, co-chief operating officer, Dell Technologies. “That’s where Dell APEX comes in. Now, Dell APEX spans the breadth of our portfolio to give customers greater freedom for technology to support businesses as their needs dictate – from PCs and IT on-premises to public clouds and edge locations.”

Dell Technologies launches Services and Solutions to Strengthens Security Portfolio

Dell Technologies is announcing new security services and solutions to help organizations protect against threats, respond to attacks and secure their devices, systems and clouds.

The changing nature of the workplace, according to 72% of IT business leaders and experts, exposes their company to even higher risk. I Cybercriminals have new chances thanks to the widely spread IT environment, therefore businesses must change how they secure and restore their data and systems. These issues are addressed by Dell’s new security solutions, enabling enterprises to lower risk and safeguard their operations.

“Our partnership with Dell Technologies is invaluable for achieving our IT goals while securing our data and patients’ sensitive information at a time when health care institutions are prime targets for cyberattacks,” said Theodore Fotias, vice president, IT Infrastructure, Phoenix Children’s Hospital. “Dell security solutions give us the peace of mind we need to focus on what matters most: delivering the best possible research and care to our patients.”

Next-Generation Dell PowerEdge Servers Deliver Advanced Performance and Energy Efficient Design

Dell Technologies expands the industry’s top selling server portfolio¹, with an additional 13 next-generation Dell PowerEdge servers, designed to accelerate performance and reliability for powerful computing across core data centers, large-scale public clouds and edge locations.

Next-generation rack, tower and multi-node PowerEdge servers, with 4^th Gen Intel Xeon Scalable processors, include Dell software and engineering advancements, such as a new Smart Flow design, to improve energy and cost efficiency. Expanded Dell APEX capabilities will help organizations take an as-a-Service approach, allowing for more effective IT operations that make the most of compute resources while minimizing risk.

Dell Technologies Accelerates Adoption of Open Telecom Network Architectures

Dell Technologies is helping the telecommunications industry accelerate the adoption of open, cloud-native technologies with new solutions and partnerships, including Dell Telecom Infrastructure Blocks for Red Hat, new Dell PowerEdge edge servers, a private wireless program and expanded lab capabilities.

“The promise of open telecom network architecture is clear to operators, but has so far been a challenge to realize,” said Dennis Hoffman, senior vice president and general manager, Dell Technologies Telecom Systems Business. “To address this challenge, the industry needs to create consumable, tested solutions that telecom operators can confidently deploy in their networks. With our new partnerships, solutions and expanded lab capabilities, Dell Technologies is quickly growing the industry ecosystem and bringing together communications service providers and technology partners, so we can put open innovation into action.”

Dell Technologies Collaborates with Unified National Networks to Accelerate the Modernization of Brunei’s Telecommunications Network

Dell Technologies has been engaged to deploy solutions to modernize UNN’s data centers, which are now based on hyperconverged, active-active architecture for production and Disaster Recovery. Using these solutions, UNN can now move to the next level of their transformation journey and be future-proofed to deliver next-gen IoT, AI and 5G-enabled services. The portfolio of solutions deployed by Dell Technologies using VxRail, PowerEdge, Unity XT, PowerVault storage arrays and PowerProtect DD Series Appliances has enabled UNN to significantly reduce the total cost of ownership (TCO) for their data centers. UNN has since been able to increase investment in accelerating the development of their next-gen IaaS solutions.

Last Words

Dell’s journey in 2023 unfolds with a series of pivotal moments, showcasing its resilience and forward-thinking approach in an era defined by rapid technological change. From innovative product launches to strategic initiatives in sustainability and corporate responsibility, Dell’s top 10 news stories for 2023 weave a narrative of a company at the forefront of technological innovation and social impact.

[To share your insights with us, please write to sghosh@martechseries.com]

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Nfinite and Coresight Research Reveal Sales Conversion as Leading Benefit of CGI Investment for Retailers

PRNewswire — Wed, 20 Dec 2023 07:22:43 +0000

Nfinite, the leader in next-generation product visualization technology for brands and retailers, announced the findings of Coresight Research’s report Rethinking Product Visuals the CGI Way. The report found that 60% of brands and retailers that have invested in CGI technology identified increased sales conversion as the primary benefit, reinforcing CGI’s potential to drive revenue growth.

The report builds on last year’s research, CGI and AI – Paving the Path for Next Generation Imagery for Retail, and indicates retailers continue to struggle with developing product visuals, with over 80% of respondents saying they face challenges in producing and managing product visuals, and 45% citing high costs as the top challenge, up 3% from last year. To gain these insights, Coresight Research surveyed 190 prominent brands and retailers in the U.S. and Europe, with annual revenues spanning from $50 million to over $5 billion. Other findings from the report include:

Gaps in Product Detail Page (PDP) Imagery: Over 70% believe that four or more product visuals are optimal for PDPs, but nearly 80% currently use less than five images. This illustrates a discrepancy between retailers’ beliefs about the optimal number of product visuals and their current practices, and presents an opportunity for retailers to improve their PDP experience for shoppers.

Critical Need for Speed-To-Market: 70% of respondents emphasized the importance of speed-to-market as a competitive differentiator for their businesses.

Impact on Product Launch Timing: Factors negatively impacting the timing of new product launches include limited automation capabilities (54%), a lack of in-house product visuals expertise (46%), cost premiums for expedited image turnaround (43%), and delays in creating advanced product imagery, such as close-ups and 360-degree spins (38%).

Growing Investment in CGI: The report reveals a significant trend, with 63% of surveyed brands and retailers either currently investing or planning to invest in CGI within the next 12 months, an increase from 59% in 2022.

“In light of these findings, the role of CGI in the retail industry takes center stage, underscoring the need for innovative solutions to address the challenges in product visual production,” said Coresight CEO and founder Deborah Weinswig. “The potential benefits of adopting CGI solutions from industry leaders such as Nfinite to enhance sales conversion and speed-to-market are clearly evident.”

“The report’s findings underscore the pressing need for CGI solutions in enhancing sales conversion and speed-to-market,” said Nfinite founder and CEO Alexandre de Vigan. “Through technology innovations, including Gen AI, AR, and advanced automation capabilities in visual image creation, Nfinite is laser-focused on enabling retailers and brands to remain competitive in the fast-paced world of e-commerce.”

[To share your insights with us, please write to sghosh@martechseries.com]

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The Hackett Group Launches Ai XPLR: A Pioneering Gen AI Readiness and Opportunity Assessment

Business Wire — Fri, 08 Dec 2023 12:25:47 +0000

The Hackett Group, Inc. a leading benchmarking, executive advisory and strategic consultancy, has launched Ai XPLR^™, a readiness and opportunity assessment that leverages the extensive proprietary benchmark database of The Hackett Group^® to enable companies to quickly and comprehensively identify opportunities to harness artificial intelligence (AI) across key business services domains, including finance, procurement, human resources and global business services (GBS) organizations. The Hackett Group’s Ai XPLR is the tip of the spear and first of many new generative AI-related offerings that will be introduced by the company.

Ai XPLR enables companies to complete a process-level assessment in 30 days or less. It utilizes a comprehensive database of AI solutions and real-world use cases that help companies identify and maximize where AI can be most beneficial and cost-effective to implement. It includes more than 200 actionable use cases, with information on the tools, data and skills needed for implementation.

Generative AI (Gen AI), in combination with other AI technologies, will have a profound potential impact on selling, general and administrative (SG&A) costs and staffing, enabling reductions of up to 40% over the next five to seven years, according to recent research from The Hackett Group.

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“As we stand on the leading edge of the AI revolution, it’s clear that the opportunities for innovation and growth are immense,” said Chris Brennan, The Hackett Group executive vice president. “Ai XPLR is not just a tool for improving efficiency – it’s a catalyst for reinventing how we do business. The Hackett Group is committed to helping clients explore the vast potential of AI and harness its power to drive transformative change. Through strategic investments in AI technologies and partnerships, we aim to unlock new possibilities that will not only benefit our clients but also shape a smarter, more efficient future.”

According to Paulo Dominguez, Global AI and Digital Enablement Practice leader, “For decades, The Hackett Group has been guiding companies in their business transformation efforts, helping them deliver greater business value, higher levels of operational excellence and an improved customer experience. AI is a revolutionary part of the journey towards Digital World Class^®performance. But it can be very challenging for companies to properly assess their AI readiness, identify the low hanging fruit for their initial AI implementations and truly understand AI use cases and technology.”

“Our Ai XPLR readiness assessment is a game-changer that empowers and streamlines the digital transformation process,” Dominguez explained. “Using the in-depth proprietary performance data in our benchmarking database as a starting point, it allows organizations to quickly and easily evaluate their current AI readiness and pinpoint and implement specific process areas where AI can drive the greatest benefit. Then our detailed best practice flows and pre-built AI solutions can enhance a company’s comfort and proficiency with AI and help them make it an integral part of their strategy.”

Elements of The Hackett Group’s Ai XPLR include:

A taxonomy-based AI profile heatmap that provides a structured and visual method to assess the current state of AI readiness within the organization.
A pre-built AI effectiveness potential tool that offers insights into the potential impact of AI on different organizational aspects, aiding in readiness assessment.
Detailed best practices process flows that guide organizations in identifying and implementing AI solutions in processes where they can be most effective.
A built-in digital worker model allows for a task-level qualification of AI profiles, helping to pinpointing specific processes and tasks that can benefit from AI.
Educational resources and case studies that deepen the understanding of AI use cases.
More than 200 pre-built AI-based solutions for a broad range of use cases across different business functions.

[To share your insights with us, please write to sghosh@martechseries.com]

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Praxis Labs Launches Pivotal Practice to Transform Human-Centered and Inclusive Feedback in the Workplace

PRNewswire — Sat, 02 Dec 2023 09:00:36 +0000

Available now, Pivotal Practice combines Gen AI and immersive experiences to give organizations and teams the tools they need to improve feedback at scale

Praxis Labs, the immersive learning leader focused on building inclusive human skills for equity in the workplace, announced Pivotal Practice. This groundbreaking product leverages the latest developments in Generative AI, learning science, and interactive simulations to offer organizations a solution for optimizing feedback skills, fostering empathy and collaboration, and enhancing communication and innovation across diverse teams.

Praxis Labs is an enterprise-wide solution and knowledge library, designed to help organizations embed core human skills through a diversity lens — like navigating difficult conversations and collaborating across diverse, global, and remote teams — across the employee experience through real-world workplace simulations. Pivotal Practice is an extension of the company’s commitment to elevate and transform the workplace through an equitable and science-backed approach.

Research shows that employees who receive timely feedback see higher levels of performance, have more confidence, and feel a greater sense of job satisfaction. 72 percent of employees report that feedback can directly improve their performance.

“Candid and actionable feedback is one of the most sought-after yet difficult skills to cultivate in any workplace, and it’s essential to driving career growth, development, and engagement. Yet, there is a lot to be understood around how to give inclusive feedback across diverse teams,” said Elise Smith, Co-founder and Chief Executive Officer of Praxis Labs. “We see enormous potential in harnessing the latest advancements in AI and immersive technologies to build the confidence and skills needed to provide feedback that helps people of all levels and backgrounds advance in their careers and supports a more inclusive and collaborative workforce.”

Pivotal Practice builds upon this foundation by providing bite-sized, experiential opportunities for learners to build and reinforce their communication and feedback-giving skills — all in a safe, judgment-free environment.

Key Pivotal Practice design features include:

Generative AI Grading and Research-Backed Feedback
Learners deliver feedback, either by voice or over text, ensuring flexibility and accessibility for different learning and diverse communication preferences. Trained by Praxis Labs’ team of in-house learning scientists, Gen AI assesses their responses for inclusive leadership skills and provides personalized recommendations to clarify and improve their feedback, making every practice session a valuable learning opportunity.
Perspective-Taking through Immersive Technology
In-the-moment learning enhances memory retention and skill development in areas like empathy and communication. With immersive simulations, learners navigate nuanced situations across differences and deepen their understanding of people with different identities and lived experiences.
On-Demand Microlearning at Scale
Packaged in 5-10 minute experiences, learners can practice giving feedback where they learn best and when needed most — like before performance reviews, 1:1s, and team meetings.

Praxis Labs’ latest addition to its platform offers an opportunity for organizations to realize the transformative potential of cutting-edge learning technology at scale. Praxis Labs is pushing the boundaries of what’s achievable in skill development, with a focus on driving measurable and lasting behavior change across individuals and organizations.

[To share your insights with us, please write to sghosh@martechseries.com]

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Accenture Launches Specialized Services to Help Companies Customize and Manage Foundation Models

Business Wire — Fri, 01 Dec 2023 06:03:46 +0000

Services to customize large-language models (LLMs) for specific use cases and proprietary data sources for greater impact

Accenture unveiled a comprehensive set of new services designed to help companies customize and scale the value of generative AI.

“Generative AI is accelerating reinvention and delivering value to our clients’ businesses faster,” said Julie Sweet, chair and CEO of Accenture. “In order to move from experimentation to scaled implementation, our clients need a strong data and AI foundation, which is underpinned by large language models that are tailored to meet their specific business needs, along with the training needed for their people to use and manage those models. Our new foundation model customization services help our clients accelerate access and contextualize enterprise data to drive tangible value from generative AI.”

This is consistent with Accenture’s survey: 74% of the C-suite plan to increase their AI-related spending in 2024, up from 50% in the previous year, as companies move from proof of concept to customizing foundation models with proprietary data.

This new set of Accenture gen AI services includes a proprietary gen AI model “switchboard,” customization techniques, model managed services and specialized training programs.

Proprietary “switchboard” allows a user to select a combination of models to address the business context or based on factors, such as cost or accuracy. For example, one of the largest entertainment companies is currently testing the switchboard to compare how the same prompt would be interpreted by different models and how they perform before deciding on which to use.
Customize LLMs for specific business context, data sources and various techniques, along with managed services for ongoing finetuning and prompt engineering.
Skills and capabilities to help clients effectively use and manage LLMs, including comprehensive training and certification programs. In addition, as demand for new AI skills has emerged, Accenture continues to collaborate with leading academic institutions. As part of its collaboration with the Stanford Institute for Human-Centered AI, Accenture has created its Foundation Model Scholar Program to provide certifications related to large-language model skills.

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For example, many insurance industry employees review a lot of documentation to serve policy holders, which Accenture expects to benefit from generative AI, and illustrates what The Hartford is aiming to address in its collaboration with Accenture.

“We are pleased to collaborate with Accenture to help fully leverage the power of generative AI as part of our aggressive technology agenda,” said Deepa Soni, chief information officer, The Hartford. “With AI already mainstream at The Hartford, we understand its potential and will harness this power in conjunction with responsible AI principles. Our advanced architecture and ability to customize generative AI models will enhance our employees’ work across the value chain, further positioning us to serve our customers, agents and shareholders.”

Building on its $3 billion investment in AI, Accenture’s foundation model services and its proprietary LLM assets were developed by its Center for Advanced AI. Accenture has more than 1,450 pending and issued patents in AI, including proprietary capabilities in generative AI, such as fine-tuning, prompt engineering and model architecture.

“Companies that want to harness the power of generative AI will need an array of specialized models,” added Karthik Narain, group chief executive, Accenture Technology. “Our switchboard is designed to enable companies to do this at scale while managing costs and carbon footprint, aligning the right models to the business context. Our set of customization services can help companies contextualize AI models for their unique needs, transforming every link in their value chain.”

[To share your insights with us, please write to sghosh@martechseries.com]

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WNS to Bolster Its Industry-Specific Generative AI Solutions Through Microsoft Azure OpenAI Service

Business Wire — Fri, 03 Nov 2023 14:23:25 +0000

WNS Limited, a leading provider of global Business Process Management (BPM) solutions, announced that it is integrating Microsoft Azure OpenAI Service to further enhance the company’s collection of Generative AI (Gen AI) solutions.

WNS has designed and built a suite of client-specific and industry-specific use case solutions by combining its deep industry expertise, strong capabilities in AI/ML, and advanced analytics, and focus on ‘co-creation’. With Azure OpenAI Service, these solutions can be more readily adopted and integrated into client environments to deliver improved business results at scale.

WNS’ increasing repository of Gen AI use cases now includes unique offerings which cut across capabilities including classification, summarization, content generation, support, and management. WNS’ proprietary analytics and AI platforms, such as SKENSE, Unified Analytics-in-a-Box, Malkom Pro, and TrackPoint Pro are now integrated with Azure OpenAI Service. Out of these solutions, SKENSE is currently available on Azure Marketplace.

“WNS’ decades-long focus on “domain first” remains our key differentiator. This specialized industry knowledge is key to extracting Gen AI’s full potential. By combining WNS’ ability to identify specific use cases to build custom, industry-specific solutions with Azure OpenAI Service, we will enable our clients to fully leverage the power of Gen AI. In addition, our ongoing focus on data management including privacy, security, accuracy, and transparency will further ensure responsible use of Gen AI going forward,” said Keshav R. Murugesh, Group CEO, WNS.

“WNS integration with Azure OpenAI Service brings advanced Gen-AI technology into their solutions, resulting in a rapid acceleration of AI-driven innovation and improved performance of their offerings. With their co-creation approach, deep industry knowledge, and expertise in AI, ML, and analytics, WNS has created a suite of tailored solutions to meet the needs of clients in various industries, such as travel, shipping and logistics, banking, financial services, insurance, healthcare, and manufacturing,” said Sangita Singh, General Manager IT& ITES, Microsoft India.

[To share your insights with us, please write to sghosh@martechseries.com]

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Add Value Machine Inc. Selects Apexon to Build Secure Generative AI Adoption Solutions

PRNewswire — Thu, 02 Nov 2023 10:08:49 +0000

Apexon’s unique Lab-as-a-service will accelerate Generative AI observability, governance, and compliance for AVM’s enterprise customers

Apexon, a digital-first technology services company announced that it has been selected by Add Value Machine Inc. (AVM), a generative AI-native company that focuses on accelerating the adoption of generative AI in enterprise organizations, as a strategic technology partner to build scalable, innovative generative AI solutions for AVM’s enterprise customers while meeting regulatory and security requirements.

As part of the engagement, the Apexon Digital and Data Engineering team will leverage Apexon Labs, a unique, client-focused Lab-as-a-Service service that enables clients to turn their digital ideas into reality in less time and with less risk. Apexon’s Lab-as-a-Service will support AVM’s innovation and implementation efforts by creating scalable resources globally, allowing them to ramp up or down based on specific project requirements. The digital lab will help translate AVM’s business objectives into well-defined initiatives — from ideation and LLM innovation to advanced prototyping and testing in a remarkably short time, thereby speeding cycle time and informing further investment decisions.

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Apexon’s deep expertise in digital and data engineering and its comprehensive understanding of Gen AI and LLMs, were pivotal in AVM’s decision to work with the company. This collaboration will combine the expertise and innovation of both companies to create groundbreaking solutions in generative AI.

“As enterprise adoption of generative AI increases, so do risks of data, security, and compliance breaches,” said Ravi Singh, President and Co-Founder of AVM. “Generative AI’s rapid adoption necessitates stringent observability guardrails. Our partnership with Apexon will enable swift deployment of our gen-AI platform, offering clients actionable insights and precise use case development backed by clear data and metrics. Apexon’s deep technology and digital engineering capabilities make them the ideal partner to support AVM’s foundation for industry-leading growth.”

“In the evolving landscape of generative AI adoption, unlocking true value hinges on its responsible application and comprehensive risk management,” said Sriniketh Chakravarthi, Chief Executive Officer, Apexon. “We are pleased to partner with AVM to ensure safe generative AI deployment in cloud environments. By combining our digital engineering expertise with our extensive knowledge of gen AI technology, we look forward to empowering AVM’s digital transformation and continuous innovation.”

[To share your insights with us, please write to sghosh@martechseries.com]

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Tata Elxsi’s Autonomous Network Platform NEURON Enables Telecom Operators to Progress Towards Zero Touch Automation

PR Newswire — Mon, 30 Oct 2023 13:22:19 +0000

Tata Elxsi, a global design and technology services leader, is revolutionizing the telecommunications industry with its Neuron Autonomous Network Platform. This groundbreaking solution powers the deployment and operation of the world’s largest and most advanced 4G/5G and fixed networks, empowering operators to build business intent-driven networks.

The NEURON platform, comprising NEURON Telco Cloud and NEURON Dark NOC, extends DevOps principles and the power of AI/ML to construct autonomous cloud-native networks for operators. NEURON Telco Cloud streamlines the lifecycle management of network elements, while NEURON Dark NOC automates network operations.

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The NEURON Autonomous Network Platform has been successfully deployed globally in multiple data centers, 10000+ VNFs / CNFs serving millions of subscribers.

NEURON seamlessly integrates with existing IT systems, legacy systems, and Operational Support Systems/Business Support Systems (OSS/BSS) while creating secure domain-isolated networks. This multi-domain, multi-cloud transformed network is open, easy to manage, and significantly lowers operational expenditures (OPEX).

These deployments have been tailor-made to address each customer’s unique needs, pain points, and infrastructure requirements, ensuring optimal performance and efficiency across network architecture and brownfield systems. Tata Elxsi takes end-to-end program ownership, from commissioning to rollout, delivering a comprehensive solution to operators.

“Our NEURON Autonomous Network Platform represents a major milestone in the telecom industry, aligning with Tata Elxsi’s vision of driving innovation and shaping the future of connectivity. It empowers operators to effectively deploy and operate the world’s largest 4G/5G networks while embracing the transformative power of automation and Artificial Intelligence (AI). By leveraging this groundbreaking solution, operators can significantly lower operational costs and deliver seamless, high-quality services at speed to their customers,” said R. Rajagopalan, CTO at Tata Elxsi.

NEURON further supports operators in Private 5G deployments, facilitating the seamless delivery of use cases across various industries, including Connected and Software Defined Vehicles, Connected Healthcare, Smart Cities, and Smart Factories.

“As NEURON evolves, we collaborate with open-source and standardization organizations to enhance the convergence of IT and networking. Partnering with leading vendors, we develop standardized testing approaches to promote innovation and seamless integration. This, coupled with our support for Gen AI and Digital Twins within NEURON, empowers operators to embrace cloud-friendly practices and explore new avenues for revenue generation,” said B. Ramesh Ramanathan, Principal Architect at Tata Elxsi and OSM TSC member ETSI Rapporteur.

The Neuron platform is showcased at the Tata Elxsi booth No. 2.80, Hall 2 at the Indian Mobile Congress (IMC) in New Delhi, India, along with tailored solutions for Private 5G across Connected Cars, Smart Factories, Connected Healthcare and Smart Infrastructure.

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Nfinite Unveils AI, AR, and Automation Innovations to Help Retailers Scale Product Imagery Creation

PR Newswire — Sun, 29 Oct 2023 14:21:08 +0000

First-of-its-kind solution elevates retail experiences with complete, consistent, and immersive product imagery across the entire catalog

Nfinite, the leader in next-generation product visualization technology for brands and retailers,announced a series of pioneering features combining Automation, AI, and AR technologies to transform the retail landscape and elevate visual image creation. The innovative capabilities of Nfinite’s SaaS platform enable retailers to meet the growing consumer demand for complete, consistent, and immersive product imagery while streamlining their operations and enhancing the shopping experience across online and offline channels.

The retail industry is undergoing a transformation, with consumers demanding richer and more accurate imagery. According to a recent Nfinite survey of over 1,000 consumers, 69% prefer lifestyle images over white backgrounds when shopping online, and 83% would return a product if it doesn’t match the online image, up from 75% last year. Meanwhile, retailers are struggling to keep up. According to Dimensional Research, 96% of retail executives report challenges with image creation.

To help retailers expand their product visual experiences, Nfinite is introducing a first-of-its-kind offering: Automated Product Detail Page (PDP) visuals enabling retailers to effortlessly develop comprehensive and cohesive visuals for their entire product catalog: encompassing product imagery from all angles, contexts and immersive 360° videos.

“By partnering with Nfinite, we have been able to establish an automated workflow, enhancing our product visuals and delivering comprehensive PDPs for our web store,” said Craig Daniels, Marketing Director at Furniture Fair. “Our PDPs now showcase imagery of each product from every angle, plus a close-up in the 360° view. Each lifestyle image enhances the experience for customers to engage with the product and envision it in their own space, which helps us drive more foot traffic to our stores and improve our overall business results.”

To further improve the product visual creation process, Nfinite is harnessing the power of AI. Nfinite’s Gen AI solution automates the production of contextual imagery without the need for traditional photography. For example, a CPG brand can seamlessly place a shampoo bottle in a variety of contextual scenes from a sandy beach with coconuts, to a leafy green rose garden. A furniture retailer can move a sofa from a cozy townhouse to a mid-century living room, showcasing the versatility of the item across a variety of different environments. These new features will help power personalized experiences for shoppers and improve speed to market for retailers and brands.

As part of its commitment to enabling retailers to elevate the shopping experience, Nfinite is also launching augmented reality (AR) enhancements, allowing consumers to interact with products directly from their smartphone camera. The popularity and value of this feature are substantiated by consumer data from Nfinite’s survey, which reveals that of shoppers 50% said they are more likely to purchase a piece of furniture if they can visualize it in their space using the camera on their smartphone.

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“Retailers face the daunting task of addressing surging demand for high-quality and precise product imagery at an expansive scale. This demand places significant pressure on their operational efficiency and customer satisfaction metrics,” said Nfinite founder and CEO Alexandre de Vigan. “We’re not just navigating these challenges; we’re reshaping the entire retail landscape with groundbreaking innovation that empowers retailers to not just meet but exceed the expectations of savvy consumers.”

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