AI TECH, GENERAL AI, AI APPLICATIONS

DataRobot Unveils New AI Platform, Ushering in the Era of Value-Driven AI

DataRobot | March 17, 2023 | Read time : 05:00 min

DataRobot Unveils New AI Platform, Ushering in the Era of Value-Driven AI

DataRobot today announced the release of DataRobot AI Platform 9.0, along with deeper partner integrations, AI Accelerators, and redesigned service offerings, all centered on helping organizations derive measurable value from their AI investments.

“AI has the potential to enhance every aspect of business transactions and human interactions to improve how we live and work,” said Debanjan Saha, CEO of DataRobot. “Since our founding, we have been 100% focused on helping enterprises realize measurable value from AI by offering an AI lifecycle platform designed to solve business problems, and the applied AI expertise to help customers envision what’s possible – and achieve it.”

The DataRobot AI Platform allows customers to leverage Value-Driven AI, a unique and collaborative approach that improves how organizations run, grow and optimize their business. With the new and expanded platform capabilities announced today, DataRobot is enhancing the key features and functionalities trusted by global organizations and relied on by nearly half of the Fortune 50.

“DataRobot’s rich machine learning blueprints, feature engineering methods and explainability features amongst others make it a cornerstone in BMW Group’s AI Platform to scale AI adoption,” said Marc Neumann, Head of AI Platform BMW Group. “We use DataRobot for rapid exploration and development of AI models while adhering to the code of ethics for safe and trustworthy AI.”

The breakthrough innovations inside the DataRobot AI Platform include capabilities that facilitate:

  • Rapid experimentation and value identification using Workbench, DataRobot’s brand new collaborative experimentation experience. Workbench, equipped with integrated managed Notebooks, supports users with both code-first and no-code approaches and the full spectrum of data science capabilities.
  • Reduced enterprise risk and barriers to production through well-architected guard rails — from bias mitigation, centralized model monitoring, to automated model compliance documentation of both DataRobot and non-DataRobot models.
  • Tremendous value, right from the outset with AI Accelerators and new AI services packages that provide customers with years of DataRobot’s AI expertise to jumpstart AI projects and results.

“Before DataRobot, our process was very manual – we had success in pockets but our scale was limited,” said Luke Bunge, Data Science Project Manager at Polaris Inc. “Polaris is growing rapidly, and DataRobot is key to allowing us to scale and expand ML across business units, making our existing team much more productive and driving the most possible value with AI. The DataRobot AI Platform significantly accelerates our speed of experimentation and makes it easier for the team to consistently iterate, find insights and share them with business stakeholders, and maintain value while in production.”

With the latest release, DataRobot AI Platform Single-Tenant SaaS is now available on AWS, Google Cloud, and Microsoft Azure, ensuring customers with stringent security and compliance requirements get all the benefits of a managed DataRobot service. For on-premises and private cloud customers, DataRobot now supports Red Hat OpenShift for faster installations and deployments that integrate with existing enterprise IT investments.

DataRobot also unveiled a newly announced partnership with SAP, designed to help businesses make the most of their existing investments. The SAP partnership will help enterprises to leverage business data from SAP HANA Cloud and other third-party data sources to build custom machine learning models in DataRobot and embed them into SAP application stack.

“To succeed with AI, enterprises need a solution that will work within their existing infrastructure and investments,” said Ritu Jyoti, group vice president, Worldwide Artificial Intelligence (AI) and Automation Research at IDC. “With its platform and integration enhancements that make it easy for customers to deploy in their preferred environment, DataRobot has demonstrated leadership within a crowded market. Their compliance and governance is also uniquely positioned to drive value for customers today.”

Looking at the next generation of AI technology, DataRobot is innovating with the generative AI technology from the Microsoft Azure OpenAI Service to modernize both the code-first notebook experience for experimentation through assisted code generation, and the collaboration experience between the data scientist and business stakeholder with an automated and interactive insight interpretation.

About DataRobot

DataRobot is the leader in Value-Driven AI, a unique and collaborative approach to AI that combines an open platform, deep expertise and broad use-case experience to improve how organizations run, grow and optimize their business. The DataRobot AI Platform is the only complete AI lifecycle platform that interoperates with an organization’s existing investments in data, applications and business processes, and can be deployed on any cloud environment. Global organizations, including 40% of the Fortune 50, rely on DataRobot to drive greater impact and value from AI.

Spotlight

Onward’s mission is to develop bold and practical ideas to boost economic opportunity, build national resilience, and strengthen communities across all parts of the United Kingdom. Our vision is to address the needs of the whole country: young and old, urban and rural, for all communities across the UK – particularly places that have too often felt neglected or ignored by Westminster. We believe in an optimistic conservatism that is truly national – one that recognises the value of markets, supported by a streamlined state that is active not absent. We are unapologetic about standing up to vested interests, putting power closer to people, and supporting the hardworking and aspirational.

Spotlight

Onward’s mission is to develop bold and practical ideas to boost economic opportunity, build national resilience, and strengthen communities across all parts of the United Kingdom. Our vision is to address the needs of the whole country: young and old, urban and rural, for all communities across the UK – particularly places that have too often felt neglected or ignored by Westminster. We believe in an optimistic conservatism that is truly national – one that recognises the value of markets, supported by a streamlined state that is active not absent. We are unapologetic about standing up to vested interests, putting power closer to people, and supporting the hardworking and aspirational.

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CENTRL Announces CentrlGPT, The First Of Its Kind Generative AI Solution For Risk And Diligence

PRWeb | May 19, 2023

CENTRL, a leading provider of third party risk and diligence solutions for the financial services industry, today announced the launch of CentrlGPT, a first of its kind generative AI solution to transform the risk and diligence process. CentrlGPT leverages OpenAI’s platform to provide users with the intelligence and the power of Large Language Models. Strategically designed to empower risk and diligence analysts, the CentrlGPT platform will undergo multiple upcoming releases, including response automation, reporting and analytics, to further enhance its sophistication and serve as a valuable copilot in mitigating risk. “We’re excited to launch CentrlGPT, a new generative AI platform leveraging Large Language Models to provide organizations with enhanced risk insights during their review process,” said Shailesh Alawani, VP of Product Management at CENTRL. “We believe that this technology is especially well suited to transform the diligence process. We plan to make ongoing investments in this technology to empower assessors and responders, in scaling their risk processes and bringing consistency to their approach. We believe that CentrlGPT represents a significant step forward for risk management, and we are excited to work with our clients to help take diligence automation to the next level. ”Today, CENTRL is announcing the launch of Smart Evaluation (SE) powered by CentrlGPT. Smart Evaluation is designed to help risk analysts by automatically evaluating incoming questionnaires and documents and flagging high risk items for review. The SE engine is trained on large amounts of domain specific data and uses the model to evaluate questionnaire responses in real-time. The model then raises flags and provides supporting rationale. Due diligence teams will save valuable time by reducing manual reviews of all questions and documents and focus instead on high risk items and take action. Additionally, users can interact with the model by providing input and entering notes which the model uses to further train its algorithm and refine its approach. “Risk Management solutions have historically struggled to deal with text, forcing users to sift through pages of material to identify risks. With CentrlGPT, you can finally tackle these challenges head-on. By harnessing the latest advancements in AI, CentrlGPT automates the entire review process, providing a more consistent approach to policy enforcement and freeing up valuable time for risk management professionals. We're confident that our solution will be a game-changer for organizations looking to take their risk management processes to the next level,” stated Joe Maguire, CENTRL’s Lead Product Manager. About CENTRL CENTRL is a leading third party risk and diligence platform for financial institutions worldwide. Its solutions deliver significant efficiency improvements and enhanced risk oversight to diligence teams across banking, investment management and other verticals. The CENTRL platform offers the most advanced and comprehensive features including deep workflow automation, analytics, reporting, collaboration, and content management. The CENTRL platform is used by some of the largest banks and investors across the Americas, Europe and APAC.

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Businesswire | May 10, 2023

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Rocketium Launches New Agile CreativeOps Platform With Novel AI Features

Accesswire | May 30, 2023

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