Big Data Management

Gartner® Magic Quadrant™ for Data and Analytics Service Providers named Accenture a Leader in 2022

Data Analytics
Accenture was named as a Leader in the Gartner, “Magic Quadrant for Data and Analytics Service Providers.”

The research emphasises the importance of data and analytics in businesses, stating that “Organizations are deploying D&A to support digital transformation and acceleration, and the use of D&A is increasingly pervasive across enterprises, fueling market growth. In the 2021 Gartner’s View from the Board of Directors survey, 69% of boards of directors said they had accelerated digital business initiatives in the wake of COVID-19. In the same survey, these boards of directors placed analytics and AI as the No. 1 and No. 2 top game-changing technologies to emerge stronger from the COVID-19 crisis.” Accenture was ranked highest and farthest in this Magic Quadrant among the 18 firms evaluated by Gartner for its ability to execute and completeness of vision in this industry.

“Accenture’s long-standing commitment to help clients realize business value, coupled with our Data-led Transformation offering and investments in building assets like Solutions.AI, our strategic acquisitions, and our focus on talent and investments in advanced artificial intelligence have made us a leader in the data & analytics and AI space,” Sanjeev Vohra, senior managing director and global lead for Accenture Applied Intelligence. “Our continued momentum of people, technology and strategy will accelerate our ability to deliver leading data and AI solutions to our customers.”

The Accenture Data Platform and Solutions are powered by a vast, and expanding, community of data partners. Accenture Applied Intelligence's AI portfolio addresses industry and functional areas such as personnel and skilling, customer interaction, and pricing, and is helping clients around the world succeed in their Data-led Transformations and expand their businesses.

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Teradata helps customers accelerate AI-led initiatives with new ModelOps capabilities in ClearScape analytics

iTWire | September 27, 2023

Teradata today announced new enhancements to its leading AI/ML (artificial intelligence/machine learning) model management software in ClearScape Analytics (e.g., ModelOps) to meet the growing demand from organisations across the globe for advanced analytics and AI. These new features – including “no code” capabilities, as well as robust new governance and AI “explainability” controls – enable businesses to accelerate, scale, and optimise AI/ML deployments to quickly generate business value from their AI investments. Deploying AI models into production is notoriously challenging. A recent O'Reilly's survey on AI adoption in the enterprise found that only 26% of respondents currently have models deployed in production, with many companies stating they have yet to see a return on their AI investments. This is compounded by the recent excitement around generative AI and the pressure many executives are under to implement it within their organisation, according to a recent survey by IDC, sponsored by Teradata. ModelOps in ClearScape Analytics makes it easier than ever to operationalise AI investments by addressing many of the key challenges that arise when moving from model development to deployment in production: end-to-end model lifecycle management, automated deployment, governance for trusted AI, and model monitoring. The governed ModelOps capability is designed to supply the framework to manage, deploy, monitor, and maintain analytic outcomes. It includes capabilities like auditing datasets, code tracking, model approval workflows, monitoring model performance, and alerting when models are not performing well. We stand on the precipice of a new AI-driven era, which promises to usher in frontiers of creativity, productivity, and innovation. Teradata is uniquely positioned to help businesses take advantage of advanced analytics, AI, and especially generative AI, to solve the most complex challenges and create massive enterprise business value. Teradata chief product officer Hillary Ashton “We offer the most complete cloud analytics and data platform for AI. And with our enhanced ModelOps capabilities, we are enabling organisations to cost effectively operationalise and scale trusted AI through robust governance and automated lifecycle management, while encouraging rapid AI innovation via our open and connected ecosystem. Teradata is also the most cost-effective, with proven performance and flexibility to innovate faster, enrich customer experiences, and deliver value.” New capabilities and enhancements to ModelOps include: - Bring Your Own Model (BYOM), now with no code capabilities, allows users to deploy their own machine learning models without writing any code, simplifying the deployment journey with automated validation, deployment and monitoring - Mitigation of regulatory risks with advanced model governance capabilities and robust explainability controls to ensure trusted AI - Automatic monitoring of model performance and data drift with zero configuration alerts Teradata customers are already using ModelOps to accelerate time-to-value for their AI investments A major US healthcare institution uses ModelOps to speed up the deployment process and scale its AI/ML personalisation journey. The institution accelerated its deployment with a 3x increase in productivity to successfully deploy thirty AI/ML models that predict which of its patients are most likely to need an office visit to implement “Personalisation at Scale.” A major European financial institution leveraged ModelOps to reduce AI model deployment time from five months to one week. The models are deployed at scale and integrated with operational data to deliver business value.

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IQVIA Earns Healthcare Leader Recognition in Data Stack Awards

IQVIA | September 18, 2023

Snowflake recognizes IQVIA as a Global Healthcare Leader in the Measurement and Attribution category as part of its annual Modern Marketing Data Stack awards. The Modern Marketing Data Stack report comprehensively analyzes data tools, applications, technologies, and processes in marketing data stacks. Orchestrated Analytics GM Tanveer Nasir expressed his gratitude for the recognition and emphasized the company's commitment to improving brand performance and patient lives through data-driven insights and solutions. Snowflake, a leading data cloud platform, has recognized IQVIA as a Global Healthcare Leader in the prestigious Measurement and Attribution category. This recognition comes as part of Snowflake's annual Modern Marketing Data Stack awards. The Modern Marketing Data Stack report is the outcome of a comprehensive year-long analysis focusing on data tools, applications, technologies, and processes employed by organizations in their marketing data stacks. This exhaustive assessment, encompassing approximately 8,100 Snowflake customers, employs a weighted scoring algorithm to discern "marketplace leaders" across diverse data-driven business functions and technology categories. The report underscores IQVIA's proficiency in aiding healthcare and life sciences organizations in the compliant utilization of extensive data resources. This enables swift and precise measurement and reporting, ultimately leading to actionable insights that facilitate informed decision-making and the formulation of effective sales and marketing strategies. In recent years, life sciences firms have significantly increased their investments in business intelligence (BI) solutions to enhance their competitiveness and performance. However, this growth has also brought forth challenges, such as analytics failing to address essential business questions, the absence of a "single source of truth" for dependable insights, and the inability to prioritize personalized prescriptive insights. IQVIA's Orchestrated Analytics platform has emerged as a preeminent solution in the industry due to its comprehensive consulting and change management approach. This approach guarantees that solutions align with specific business requirements, irrespective of the market while minimizing initial investment risks. Furthermore, the platform offers an array of self-service applications empowering business stakeholders to customize insights and extract reliable and actionable intelligence. An exceptional feature of IQVIA's Orchestrated Analytics is its extensive library of algorithms, featuring over 200 algorithms and a multitude of Key Performance Indicators (KPIs) exceeding 400, all aimed at elevating commercial impact through personalized insights for each user. The platform's user-friendly interface is complemented by embedded smart assistants, ensuring effortless access to personalized intelligence across a spectrum of business intelligence tools. IQVIA's global presence is another hallmark, with a team of over 86,000 experts operating in more than 100 countries. This expansive network accelerates the commercial impact of life sciences companies by furnishing market-relevant insights. In addition, Orchestrated Analytics is entrusted by seven out of the top ten pharmaceutical companies worldwide as they expand their brand portfolios. Tanveer Nasir, General Manager, Orchestrated Analytics, commented We are honored to be selected by Snowflake as the global leader in Measurement and Attribution in their Modern Marketing Data Stack report. [Source: IQVIA] He further explains that their insight recommendations and user adoption framework worked together effectively to enhance the sales force's efficiency and increase productivity. They had exhibited a significant ROI just by demonstrating Rx uplift for a top 10 pharmaceutical brand. Nasir conveyed that their commitment to enhancing brand performance and improving patients' lives worldwide by identifying the right customer at the right time through the correct channel and messaging continues to drive their passion.

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IBM Releases Watsonx AI with Generative AI Models for Data Governance

IBM | September 08, 2023

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