Data and AI solutions specialist SAS has announced what it describes as an “innovative approach” for organizations to tackle business challenges head-on.
By introducing lightweight, industry-specific AI models for individual licenses, SAS equips organizations with ready-to-deploy AI technology to bring real-world use cases to production with unparalleled efficiency. I am thinking of doing so.
Chandana Gopal, research director for Future of Intelligence at IDC, said: “SAS is evolving its portfolio to meet the needs of a broader range of users and gain market share with innovative new products.
“An area ripe for SAS is to commercialize models built on SAS’ core assets, people and intellectual property, given its extensive experience working with customers to solve industry problems. .”
In today's market, model usage is primarily focused on large-scale language models (LLM) for generative AI. In reality, LLM is only a small part of the real-world production deployment of AI and modeling needs for business decisions. With new products, SAS goes beyond LLM to create industry-proven, deterministic AI models for industries across use cases such as fraud detection, supply chain optimization, entity management, document conversations, and healthcare payment integrity. We provide.
Unlike traditional AI implementations, which are cumbersome and time-consuming, SAS' industry-specific models are designed for rapid integration, enabling organizations to deploy trusted AI technology and deliver tangible benefits and reliable results. Let us accelerate your realization.
Expansion of market size
Organizations are facing pressure to compete effectively and are turning to AI to gain an edge. At the same time, a shortage of AI skills is making staffing data science teams more difficult than ever. As a result, businesses are looking for agility when using AI to solve problems and need flexible AI solutions to quickly drive business outcomes. SAS' easy-to-use and powerful model tailored for the enterprise allows organizations to benefit from half a century of SAS leadership across industries.
Delivering industry models as a packaged product is part of SAS' $1 billion commitment to AI-powered industry solutions. As outlined in a May 2023 announcement, the investment in AI builds on SAS' decades-long focus on delivering packaged solutions to address challenges in industries such as banking, government, and healthcare. It is based on.
Udo Sgrabo, vice president of AI and analytics at SAS, said: “The model perfectly complements our existing solutions and SAS Viya platform offerings, serving the diverse business needs of different users and ensuring innovation reaches every corner of our ecosystem.”
“By tailoring our approach to understanding the needs of specific industries, our framework enables companies to thrive in their unique environments.”
Bringing AI to the masses
Starting with AI Assistant for Warehouse Space Optimization, SAS is democratizing AI by providing ready-to-use, lightweight AI models, making AI accessible regardless of skill set. These assistants leverage technology such as large-scale language models to accommodate non-technical users and seamlessly transform interactions into optimized workflows to help make faster planning decisions. .
Sgvalo said: “SAS models provide organizations with flexible, timely, and accessible AI tailored to industry challenges.
“Whether you're embarking on an AI journey or looking to accelerate AI expansion across your enterprise, SAS offers unparalleled depth and breadth to address your business' unique needs. .”
The first SAS models are expected to be generally available later this year.
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