Sunday, December 22, 2024

On-premise vs cloud? Presight’s new enterprise AI suite takes on IBM, Google

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Presight, a unit of Abu Dhabi’s G42 and a big data analytics company, has unveiled its enterprise artificial intelligence (AI) suite, which includes two products: Presight Vitruvian and Presight Connect.

This launch marks a significant milestone for Presight, pitting it against industry giants such as IBM and Google, in the applied AI space.

Revolutionising AI with Presight Vitruvian and Presight Connect

Presight, a public company listed on the Abu Dhabi Securities Exchange (ADX), said it is leveraging its expertise in big data and AI to deliver transformative solutions across various sectors.

With the introduction of the Enterprise AI suite, Presight aims to enhance business efficiency and foster positive societal impacts through advanced AI applications, it said in its official announcement.

On-premise AI platform

Presight Vitruvian is an on-premise AI platform designed to handle large-scale information and provide deep business insights. It integrates seamlessly with an organisation’s existing data and systems, offering powerful tools for data integration and analysis.

Vitruvian allows enterprises to leverage trusted organisational data to gain new perspectives and make informed decisions.

Key features include:

  • Scalability: Capable of supporting enterprises of any size, Vitruvian provides robust AI tools that can be adapted to various use-cases and industry verticals.
  • Data integration: The platform enables seamless integration of diverse data sources, facilitating comprehensive analysis and insight generation.
  • Intuitive understanding: Vitruvian’s user-friendly interface allows for intuitive business analysis, making complex data accessible and actionable for decision-makers.

Cloud-based AI assistant

Presight Connect, hosted in the UAE, is a cloud-based AI assistant that can be quickly deployed across any organisation. It offers a collaborative framework where AI agents and human users work together to generate intelligent business insights.

Key features include:

  • Immediate activation: Organisations can deploy Connect without extensive setup, allowing for rapid adoption and integration with existing systems.
  • Seamless collaboration: Utilising advanced generative AI models, Connect provides a unique platform for collaborative decision-making and problem-solving.
  • Integration with SaaS systems: Connect is designed to integrate effortlessly with world-class Software-as-a-Service (SaaS) systems and business applications, enhancing operational efficiency and insight delivery.

Cloud-native AI suites

The concept of a Cloud-native AI suite encompasses a range of AI and machine learning tools optimised for cloud environments. These tools provide immense computational power, enabling the execution of complex machine learning tasks and the dynamic scaling of resources.

The advantages of cloud-native AI suites include, flexibility and scalability as cloud-native AI suites allow businesses to leverage advanced AI capabilities without requiring deep technical knowledge of the underlying algorithms.

They also enable seamless scaling of resources based on demand and cost-effectiveness as businesses only pay for the resources they use, eliminating the need for substantial upfront capital investments as well as interoperability. These suites can easily integrate with other cloud services, enhancing overall operational efficiency.

Real-world applications across industries

Presight’s AI suite, comprising Vitruvian and Connect, is poised to revolutionise various sectors by enabling the rapid deployment and scaling of AI-powered applications.

In healthcare, these tools can predict disease progression and tailor treatment plans. In finance, they can forecast market trends, manage risks, and detect fraudulent activities. The retail industry can benefit from personalised recommendations and demand forecasting, while manufacturing can optimise supply chains and improve production efficiency.

Strategic partnerships

Building on its AI offerings, Presight announced a recent collaboration with Dell Technologies.

Earlier in June, the two companies signed a memorandum of understanding (MoU) to develop solutions that accelerate AI and big data adoption in the UAE. This partnership aims to combine Presight’s AI and data analytics expertise with Dell’s capabilities in compute, storage, data protection, and network solutions.

Thomas Pramotedham, CEO of Presight, emphasised the company’s vision, “We are thrilled to introduce the Presight Enterprise AI Suite, featuring Presight Vitruvian and Presight Connect. The Suite is sector and scale agnostic and brings together human, data, and AI to drive business efficiency and growth powered by data-driven informed decision-making. Our aim is to empower enterprises with the tools they need to harness the full potential of AI and their data. With these new products, we are taking a significant step towards achieving that promise. With the Presight Enterprise AI Suite, enterprises can embark on their AI strategies and goals immediately.”

Crowded field

Presight enters a highly competitive field, facing established players like Google, Microsoft, IBM, and Amazon.

Each of these companies offers unique strengths and capabilities:

  1. Google:
    • Strengths: Extensive cloud infrastructure and integration with consumer products.
    • Key offerings: TensorFlow, BERT, DeepMind, and Google Cloud AI.
  2. Microsoft:
    • Strengths: Deep integration with Microsoft’s enterprise ecosystem and robust cloud-based solutions.
    • Key services: Azure AI, Cognitive Services, and Azure Machine Learning.
  3. IBM:
    • Strengths: IBM’s Watson focuses on enterprise-specific applications and strong tools for natural language processing.
    • Key products: Watson Assistant, Watson Discovery, and Watson Studio.
  4. Amazon:
    • Strengths: Comprehensive AI tools and deep integration with AWS cloud services.
    • Key offerings: Amazon SageMaker, Amazon Polly, and Amazon Lex.

Presight’s new offerings, Vitruvian and Connect, are poised to bring significant value to businesses looking to leverage AI for growth and efficiency.

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