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UAE businesses become more data-centric – News

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Companies need to find a way to harness personal data creativity, chief of AI firm said at AI Forum



KT photo by M. Sajjad

KT photo by M. Sajjad

Posted: Tuesday, September 20, 2022 at 11:36 pm

Businesses in the UAE are becoming more data-centric, paving the way for higher adoption of artificial intelligence (AI), Siddhartha Bhatia, Regional Vice President and General Manager Middle East and Turkey at Dataiku, said at the fifth Artelligence .Artificial Intelligence Forum, by Cali era.

Founded in 2020, the Dubai Internet City-based company currently has around 50 corporate clients in 24 months. Its total customers exceed 550.

“The company has a strong focus on the successful implementation of projects by investing in customer success, implementation training and certification, and has a successful Middle East reference in telecommunications, insurance, banking, oil and gas, tourism and transportation, healthcare and the public sector,” said Bhatti Ya said.

Dataiku is the world’s leading everyday AI platform that systemizes the use of data to achieve superior business outcomes. Organizations using Dataiku enable employees to use data to make better day-to-day decisions, Bhatia added.

“In today’s organizations, the battle between the rational technical side (seeking to deploy and optimize) and the business side (seeking to explain, imagine and apply) is far too frequent. Companies need creativity to innovate, but they are often in the midst of generating ideas Also better than doing it at execution.”

The success of AI initiatives also requires fostering a culture of data creativity at the individual level. “However, organizations also need to find a way to harness personal data creativity to achieve the company’s collective progress and goals,” Bhatia added.

More than 450 customers in banking, insurance, pharmaceuticals, manufacturing, retail and more use Dataiku to systematize their use of data and AI, driving everything from fraud detection to churn prevention, predictive maintenance to supply chain optimization and everything in between Various use cases between. Dataiku raised $400 million at a valuation of $4.6 billion in its latest Series E round in August 2021. The company employs more than 750 people worldwide, with offices in New York, Paris, London, Munich, Sydney and Singapore.

Dataiku allows companies to design, deploy and manage AI and analytics applications with a central solution.

“We’ve seen a lot of adoption of AI and machine learning in the public sector. So there’s also a lot of new initiatives that are well-funded. This will have a huge impact on improving the user experience. The other two industries are financial services and telcos,” Bhatti said. Ya concluded.

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