TeraMach, a Pivot Company

livemint.com | January 31, 2020

The Economic Survey 2019-20 highlighted the need for state-owned banks to use big data and artificial intelligence to detect frauds and defaults, besides launching employee stock ownership schemes, to increase efficiency.The document, which was prepared by chief economic adviser Krishnamurthy Subramanian and tabled by finance minister Nirmala Sitharaman in Parliament on Friday, said the banking sector must scale up in tandem with the size of the Indian economy to support growth and development.T...

BUSINESS STRATEGY

InterSystems | August 17, 2022

InterSystems®, a provider of next-generation solutions dedicated to helping customers solve the most critical data challenges, has announced a series of new releases to its award-winning InterSystems IRIS® data platform. The company has also recently announced a string of new customer wins as well as a new partnership as it continues to take data fabrics to the next level. According to Gartner® analysts, “by 2024, data fabric deployments will quadruple efficiency in data utiliz...

hpcwire.com | January 27, 2020

Converged AI and HPC have arrived in 2020 and commercial IT organizations are putting data at the core of their business model. Just in the HPC market alone, Intersect360 found that around 90% of HPC organizations were either running machine learning (56%) or investigating/planning its introduction. Gartner claims that 60% of organizations are adapting their business model to AI and a 2019 ESG. survey showed that 49% of IT organizations state that “data is their business,with another 31% e...

BUSINESS INTELLIGENCE, BIG DATA MANAGEMENT, DATA ARCHITECTURE

Virtualitics | October 27, 2022

Virtualitics, an artificial intelligence and data exploration company, today announced two new patents that simplify the analysis of highly complex datasets. It's the latest announcement among several coming out of the company's pioneering approaches to data analytics. Modern organizations collect an amount of data that is exponentially greater than what traditional 2D business intelligence tools can thoroughly explore. Moreover data comes in different forms, structured an...