In this week’s real-time analytics news: NVIDIA is bringing Generative AI down to the individual developer and consumer level with its GeForce RTX SUPER desktop GPUs and new AI laptops that use them from every top manufacturer.
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NVIDIA announced GeForce RTX SUPER desktop GPUs for generative AI performance, new AI laptops from every top manufacturer, and new NVIDIA RTX-accelerated AI software and tools for both developers and consumers. NVIDIA is also offering NVIDIA TensorRT acceleration of the popular Stable Diffusion XL model for text-to-image workflows, NVIDIA RTX Remix with generative AI texture tools, and NVIDIA ACE microservices. Additionally, AI Workbench, a unified, easy-to-use toolkit for AI developers, will be available in beta later this month.
FICO has announced over 20 new enhancements to the FICO Platform that will enable enterprises to better navigate an uncertain market and make and operationalize informed business decisions. One of the most significant updates is within the Digital Twin and Simulation capability, which enables users of the FICO Platform to create an enterprise digital twin of their organization and unlock the power of business simulations. This allows businesses to experiment across many dimensions, not previously possible, to find optimal business outcomes. Updates include faster deployment for increased efficiency, thorough validation of changes to decision strategies, and a better understanding of the impact on business KPIs such as profitability metrics.
Real-time analytics news in brief
Several vendors had retail-related announcements in the leadup leading to this coming week’s NFR’ 24: Retail’s Big Show in New York. They include:
- IBM announced a collaboration with SAP to develop solutions to help clients in the consumer packaged goods and retail industries enhance their supply chain, finance operations, sales, and services using generative AI. The companies will leverage a shared legacy of technology expertise and the completed work of embedding IBM watsonx into SAP solutions to create new generative and traditional AI solutions. Those solutions will focus on addressing the complexities of the direct store delivery business process and product portfolio management.
- SASlaunched the SAS Intelligent Planning Suite powered by Amazon Web Services (AWS). With SAS Intelligent Planning, demand planners can gain access to three powerful capabilities: SAS Demand Planning, SAS Assortment Planning, and SAS Financial Planning. With the addition of artificial intelligence (AI)-assisted demand planning innovations, users can now use AI-generated recommendations to help ensure the right products are stocked at the right time in the right locations.
- Microsoft announced new generative AI and data solutions and capabilities for retailers that span the retail shopper journey. Through new copilot templates on Azure OpenAI Service that allow retailers to build personalized shopping experiences and support store operations, the introduction of retail data solutions in Microsoft Fabric, new copilot features in Microsoft Dynamics 365 Customer Insights, and the launch of Retail Media Creative Studio in the Microsoft Retail Media Platform, Microsoft Cloud for Retail now offers multiple options for retailers to infuse copilot experiences throughout the shopper journey.
- Google Cloud debuted several new AI and generative AI-powered technologies to help retailers personalize online shopping, modernize operations, and transform in-store technology rollouts. Google Cloud’s new conversational commerce solution can enable retailers to embed generative AI-powered virtual agents on their websites and mobile apps easily. This new solution can run on Google Cloud’s Vertex AI platform or be embedded into a retailer’s existing catalog management applications. Google Cloud also introduced today a new LLM capability in Vertex AI Search for retail, a product that gives retailers Google-quality search, browse, and recommendations natively embedded on their digital storefronts.
Franz announced Allegro CL v11, which includes key performance enhancements now available within a system for developing and deploying applications to solve complex problems in the field of Artificial Intelligence. With Allegro CL v11, machine intelligence developers now have a high-performance tool to scale their applications and deliver innovative products to market.
Honeywell and Analog Devices announced that they have entered into a Memorandum of Understanding to explore the digitization of commercial buildings by upgrading to digital connectivity technologies without replacing existing wiring. The strategic alliance would bring this new technology to building management systems for the first time. Having worked together for years, this new effort will see ADI technologies move beyond factory automation and into Honeywell’s building management system to help customers reduce building energy consumption, improve resiliency, and help meet emissions reduction goals.
Kinetica announced the availability of a Quick Start for deploying natural language to SQL on enterprise data. The Quick Start is for organizations that want to experience ad-hoc data analysis on real-time, structured data using an LLM that accurately and securely converts natural language to SQL and returns quick, conversational answers. This offering makes it fast and easy to load structured data, optimize the SQL-GPT Large Language Model (LLM), and begin asking questions about the data using natural language.
LTIMindtree announced the launch of its SaaS-based hybrid cloud management platform, Canvas CloudXperienz. The platform, powered by Artificial Intelligence for IT Operations (AIOps), helps enterprises manage and optimize their hybrid cloud infrastructure and applications. To that end, the platform provides a 360-degree observability of the business and IT environment, which helps users measure the performance trends, peak and off-peak business requirements, benchmark enterprise applications, infrastructure, and cloud resources optimally.
Quectel Wireless Solutions announced the launch of the KG200Z module, a Long Range (LoRa) technology module designed for IoT projects that need dependable, ultra-low power, and cost-effective long-range wireless communication. The module supports a transmission distance of two to five kilometers in urban settings and ten to 15 kilometers in suburban areas. The company also launched the Quectel FGE576Q and FGE573Q Wi-Fi 7 modules, the first in a portfolio of Wi-Fi 7 modules to be launched over the coming three months.
Radiant Logic unveiled RadiantOne AI, its data lake-powered Artificial Intelligence engine, and AIDA, its generative AI data assistant. RadiantOne AI is designed to complement existing tech stack and governance products by correlating data across multiple sources and providing contextual information to drive better decision making. The first capability to be unveiled on RadiantOne AI is a truly automated User Access Review (UAR) process, expertly guided by AIDA.
Rootstock Software announced the launch of its QuickStart Implementation for Manufacturers. This implementation methodology is designed for mid-sized manufacturers and helps them adopt Cloud ERP. The QuickStart setup is based on Rootstock’s implementation best practices and in-depth manufacturing experience. The approach utilizes pre-configured settings, templates, and a user-friendly wizard, which greatly streamlines the go-live process. The approach ensures that manufacturers have the knowledge and support to reap the full benefits of Rootstock to manage their entire operations.
Partnerships, collaborations, and more
Siemens and Amazon Web Services (AWS) are strengthening their partnership and making it easier for businesses of all sizes and industries to build and scale generative artificial intelligence (AI) applications. Specifically, Siemens is integrating Amazon Bedrock (a service that offers a choice of high-performing foundation models from leading AI companies via a single API, along with security, privacy, and responsible AI capabilities) with Mendix, the low-code platform that is part of the Siemens Xcelerator portfolio.
Patronus AI announced it is partnering with MongoDB to bring automated LLM evaluation and testing to enterprise customers. The joint offering will combine Patronus AI’s capabilities with MongoDB’s Atlas Vector Search product.
WekaIO (WEKA) announced that it has received certification for an NVIDIA DGX BasePOD reference architecture built on NVIDIA DGX H100 systems and the WEKA Data Platform. This architecture delivers massive data storage throughput starting at 600GB/s and 22M IOPs in 8 rack units to optimize the DGX H100 systems.
If your company has real-time analytics news, send your announcements to [email protected].
In case you missed it, here are our most recent previous weekly real-time analytics news roundups:
- Real-time Analytics News for the Week Ending January 6
- Real-time Analytics News for the Week Ending December 23
- Real-time Analytics News for the Week Ending December 16
- Real-time Analytics News for the Week Ending December 9
- Real-time Analytics News for the Week Ending December 2
- Real-time Analytics News for the Week Ending November 25
