Artificial intelligence solutions to untie new opportunities for businesses

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Forrester Research has recognized the rising demand for contextual insights and new business opportunities from AI.

It says, Artificial intelligence technologies will be rapidly assimilated into analytics practices, giving business users unprecedented access to powerful insights that drive action. Forrester says this phenomenon is driven by the business voracious appetite for deeper contextual insights that drive customer engagement via mobile and the IoT. These trends represent the beginning of an insights revolution that will kick-start a strategic move among many firms to become insights-driven businessesThose that are truly insights-driven businesses will steal $1.2 trillion per annum from their less-informed peers by 2020.

Teradata, (NYSE: TDC), the leading data and analytics company, has introduced new services that enable the delivery of faster business results and lower implementation risk from AI.

AI Strategy Service

Review enterprise capabilities and recommend top AI use cases aligned to business strategies.

AI Rapid Analytic Consulting Engagement

Gives clients insight into the potential business value of analytic solutions before an investment is made through of proof of value.

AI Foundation Service

Builds and deploys a Deep Learning platform through a collaborative client engagement. This service integrates data sources, models and business processes.

AI Analytics-as-a-Service

Designs and oversees mechanisms to optimize and improve existing business processes using AI. Teradata manages an iterative, stage-gate process for analytic models from development to handover to operations.

Teradata is also introducing AI accelerators composed of best practices, code, IP, and proven design patterns to help accelerate deployment of AI solutions and ensure quick ROI.

AnalyticOps Accelerator

It provides an end-to-end framework to facilitate the generation, validation, deployment, and management of deep learning models at scale. This accelerator is available now.

Financial Crimes Accelerator

It uses deep learning to detect patterns across retail banking products and channels such as credit card, debit card, online, branch banking, ATM, wire transfer, and call centers. Continuously monitors and thwarts fraudulent schemes used by criminal actors to exploit the system, leading to quick time to value. This accelerator is being deployed in Q4, and will be available more broadly in the first quarter of 2018.

Teradatas new AI services and accelerators were being showcased last week at the Teradata PARTNERS Conference in Anaheim, California, where attendees learned more by visiting the Teradata exhibit. In addition, the conference offered sessions by leading AI analysts and practitioners who will present AI use cases and address current trends.

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