New York, June 21, 2023–(BUSINESS WIRE)–DeBron, a leader in distributed private data AI and machine learning, today announced it has been named a winner of the “Best Machine Learning Company” award in the 6th Annual AI Breakthrough Awards Program . , received over 3,200 nominations from over 20 countries. The awards program, conducted by AI Breakthrough, a leading market intelligence organization, recognizes today’s top companies, technologies and products in the global artificial intelligence (AI) market.
Devron’s Federated Data Science and Machine Learning Platform enables enterprises to accelerate their AI and machine learning efforts, deliver better insights faster, and overcome data mobility, a major headwind to data science effectiveness. reduce the risk and overhead of Instead of bringing mountains of data to analytics, Devron brings analytics to the data and trains algorithms where the data lives, including across multiple clouds and systems.
Analyst firm Gartner predicts that by 2025, 75% of enterprise data will be created and processed outside of traditional centralized data centers or the cloud. Furthermore, by 2024, data privacy laws will cover 75% of the world’s population. These projections demonstrate the growing need for businesses to access more data within source jurisdictions and systems while protecting data privacy.
Devron streamlines the data science process by avoiding the traditional time-consuming requirement to centralize data before developing advanced analytics, including models for generative AI. By putting data owners and providers in control of data privacy, Devron enables business units, regional teams, customers and partners to share data securely and privately. Devlon’s proprietary algorithms and privacy technologies and controls overcome many jurisdictional, data sovereignty, regulatory and general data sharing issues.
The Devron platform addresses a growing number of customer challenges. Most fall into his three scenarios: accessing private/immovable data, analyzing distributed datasets, and monetizing or sharing data between companies without exposing the raw information.
“DeBron’s federated approach is integral to accelerating AI development and innovation and represents the future of data science and AI. It’s more and more data because it’s scattered across privacy layers, and it’s hard to analyze,” said James Johnson, managing director of AI Breakthrough. “DeBron is fundamentally changing the fundamental approach to AI development, unlocking access to more data sources and centralizing data, which is one of the biggest limiting factors to maximizing insight. That’s why we chose ‘Best Machine Learning Company’ for mitigation.”
“Using our solution, data science teams no longer need to spend significant time, effort, and money moving and accessing data. We have established a new AI and data science paradigm to help you get the most out of it, setting a new standard for data privacy,” said David Murray, Chief Business Officer, Devron. “Devron enables organizations to accelerate their data science efforts and leverage their data to deliver better business outcomes.”
The mission of the AI Breakthrough Awards is to celebrate excellence and reward innovation, effort and success in a wide range of AI and machine learning related categories including generative AI, computer vision, AIOps, deep learning, robotics and natural language processing. . , industry-specific AI applications, and more.
About Devlon
Devron is an advanced data science and machine learning technology company that unlocks trapped value and uncovers hidden business insights without compromising data privacy. Its revolutionary federated machine learning platform enables data scientists to store datasets where they reside without duplicating or centralizing data. Led by Tiger Global and backed by a consortium of institutional investors, including FinTech Collective, Afore Capital and Essence Venture Capital, Devron is headquartered in New York City, NY, and has a global reach to gain insights for private and public sector clients. Time is accelerating. www.devron.ai and LinkedIn.
About AI Breakthrough
The AI Breakthrough Awards Program is part of Tech Breakthrough, the leading market intelligence and assessment platform for global innovation and leadership, to recognize excellence in artificial intelligence technologies, services, companies and products. devoted to The AI Breakthrough Awards publicly recognize the achievements of AI companies and products in categories such as AI Platforms, Robotics, Business Intelligence, AI Hardware, NLP and Computer Vision. For more information, please visit AIBreakthroughAwards.com.
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contact address
Press contact:
Leslie Barthel
Director of Product Marketing, Devron
Leslie@devron.ai
617-807-0114
