Cognitivescale Announces The Release Of Cortex Fabric Version 6 In Order To Accelerate The Development Of Large-Scale, Trusted AI Campaigns

CognitiveScale, the enterprise AI company that helps businesses win with intelligent, straightforward, and trusted AI-powered digital systems, today announced the launch of Cortex Fabric Version 6—a new, low-code developer platform for the automation, augmentation, and transformation of knowledge work and digital experiences.

Cortex 6 enables companies to build trustworthy AI applications more quickly and inexpensively, with business outcomes given through KPIs based on data insights, models, and actions—all with little reliance on underlying infrastructure. It outperforms previous solutions by using data where it sits, eliminating cloud vendor lock-in, and allowing developers to call any model created by any Machine Learning platform with a focus on operationalization.

"Enterprises must instil faith in their AI-powered apps; it has become a market need. The ramifications of releasing unethical or prejudiced applications are severe. At the same time, failing to make the greatest use of all of the data and insights available to organisations in order to distinguish constitutes a huge wasted opportunity "said Matt Sanchez, CognitiveScale's CTO.

Cortex 6's strength is that it gives application developers with a visual framework for creating Campaigns, a new type of goal-driven, large-scale AI applications. Cortex 6 simplifies the conversion of big data insights into trusted results by focusing on tracking and measuring business outcomes. Businesses who use AI Mission Planner, a web-based developer tool, may meet goals faster and accomplish outcomes more easily, thanks to improved data sourcing capabilities and fewer friction points.

AI installations may take time and frequently need highly educated personnel. Cortex 6 is a low-code framework designed to enable citizen developers to quickly and securely create intelligent systems in a couple of weeks. Organizations may save up to 70% on the cost of developing an AI solution by scaling critical resources, with quick prototyping and expedited deployment resulting in 3x faster value and a 60% decrease in TCO for AI solutions.

Empowering in-house business users to create AI models also reduces support costs considerably while assuring superior outcomes through trust and openness integrated into the AI lifecycle. That is why CognitiveScale collaborated with argodesign to design the Cortex UI.

According to Jared Ficklin, Chief Creative Technologist at argodesign, "Cortex 6 enables a complete business to engage in AI deployment via interfaces that allow a diverse range of roles to supplement the work of AI professionals. Because there are no design standards in this space, we collaborated closely with CognitiveScale and their clients to create new sorts of low-code interfaces that lead an organisation through best practises, reduce deployment bottlenecks, and improve the value that AI solutions provide."

Cortex 6 also includes a cognitive data layer, which is powered by the Cortex Intelligent Profile-of-One and a collection of Prediction Engines to discover predictive, proactive, and customised suggestions or interventions. Users may now provide smart interventions at the appropriate time and through the right channel, increasing efficiency and boosting service by delivering assistance where it is genuinely required.

AI has become a competitive requirement for all enterprise businesses, with early adopters poised to share a $1 trillion profit pool by 20303. AI and Machine Learning (AI/ML) are crucial in the processing of vast amounts of data, while trust and explainability have become critical to corporate executives. According to Accenture's 2018 Global Consumer Survey, brands lose $2.5 trillion each year due to a lack of trust.
As a result, Forrester expects that there will be a greater emphasis on reliable data in AI.

The new Cortex 6 platform overcomes these gaps by providing an easy-to-use framework for businesses to profit on data assets in a secure and transparent manner.

Cortex 6 introduces the following new features:

• The first low-code development platform for creating AI applications based on Zero-Trust Security.
• A goal-oriented approach to intelligent automation use cases centred on business improvement and process automation.
• New tools for creating AI Campaigns and Missions to measure business outcomes.
• AI solutions with improved governance, trust, and transparency
• For rapid results, try industry-specific initiatives such as Customer Engagement, Operational Productivity, and Digital Risk Management.
• A powerful AI engine based on CAMEL, the world's first AI programming language.

The CognitiveScale Cortex platform includes three products: Cortex Certifai, Cortex Fabric, and Cortex Pre-built Application Blueprints, which let organisations operationalize trusted AI from concept to production with trustworthy data and outcomes. Certifai is a model intelligence tool that detects and ranks black-box model hazards. It creates the first AI Trust Index (ATX), which assesses models on four dimensions: robustness, fairness, explainability, and performance. Certifai works with a wide range of input data and can be used to any black-box model, including machine learning models, statistical models, business rules, and other prediction models.

The Cortex platform, as well as new Cortex 6 improvements, are intended to address the 'final mile' of implementing AI in the workplace by making it simple to turn large data insights and models into actions, and by automating trustworthy AI on any cloud platform.

About CognitiveScale
CognitiveScale invented the idea of 'Trusted AI,' opening the road for ethical Enterprise AI development throughout the world. The Cortex platform, which is backed by 164 AI patents, enables data scientists and citizen developers to construct, comprehend, and evaluate intelligent, transparent, and trusted AI systems utilising any data, on any cloud.

CognitiveScale is revolutionising how organisations across industries–healthcare, financial services, insurance, and digital commerce–engage with customers, optimise services, and deliver on bottom line goals—all while protecting them from business risk by simplifying the development, deployment, and management of AI systems.

CognitiveScale, headquartered in Austin, Texas, has been recognised by the World Economic Forum for positively impacting business and society through artificial intelligence (AI), and has received active investment from Norwest Venture Partners, Intel Capital, IBM Watson, M12 (Microsoft Ventures), and USAA.

About Argodesign
Argodesign is a product design consultant, entrepreneur growth partner, and experience incubator. Argo, founded in 2014 in Austin, TX by renowned design experts Mark Rolston and Mark Gauger, tackles technology from a human perspective—where it can offer value and how it can positively influence the human experience. Experienced designers, professional technologists, strategic strategists, and enthusiastic creators work in its studios in Austin, Amsterdam, and New York.