Delivering quick and dependable machine studying enterprise options.
JERSEY CITY, N.J., Nov. 29, 2021 /PRNewswire/ — ElectrifAi, one of many world’s main corporations in sensible synthetic intelligence (AI) and pre-built machine studying (ML) fashions, right now introduced availability of each Machine Studying as a Service (MLaaS) and SpendAi on Amazon Net Providers (AWS). ElectrifAi made the announcement at AWS re:Invent 2021 in Las Vegas.
With MLaaS, now all corporations in lots of verticals can shortly harness the ability of machine studying and switch their knowledge right into a strategic benefit to drive income in addition to to scale back price and danger. Purchasers can simply get began with machine studying and pre-built fashions with out the expense and time-consuming efforts of putting in and buying platforms, assembling groups, or offering their very own servers. With MLaaS out there by means of AWS, the shopper’s knowledge operates instantly on AWS cloud servers and MLaaS will increase the effectivity and comfort of machine studying on the cloud.
By utilizing MLaaS, purchasers can shortly obtain many advantages to enhance their operations and capabilities. A few of these advantages embody:
- decrease prices, as provisioning one pre-structured mannequin will be cheaper than the annual price of a single knowledge scientist;
- quicker time-to-deployment and decrease mission danger, as the typical deployment of a pre-built mannequin is between 8-12 weeks for MLaaS versus 8-12 months to construct new machine studying fashions; and
- quicker time-to-value with a excessive return on funding (ROI).
One in all ElectrifAi’s extremely profitable MLaaS choices is SpendAi, a deep spend analytics product. Now out there on AWS, SpendAi can assist procurement professionals shortly resolve enterprise issues with extra correct knowledge to assist remove price and danger. Among the advantages of SpendAi embody:
- superior visibility throughout a number of sources of knowledge,
- larger high quality sources of spend knowledge,
- higher levels of classification, categorization and grouping,
- higher flexibility, and
- elimination of maverick spend.
SpendAi has been confirmed to scale back oblique spend by 2-4% in 6-8 weeks producing substantial financial savings and ROI for purchasers.
Different pre-built fashions supplied by ElectrifAi as MLaaS embody buyer segmentation, product cross promote and up promote, demand forecasting, dynamic pricing, credit score decisioning, laptop imaginative and prescient and lots of others.
“We’re happy to introduce our MLaaS and SpendAi choices on AWS. Right now, greater than ever, executives are in search of to make use of knowledge to optimize their companies. Information is the final untapped asset and corporations are demanding time-to-value and excessive ROI to drive income and value discount. With MLaaS and SpendAi, all corporations (massive and small) can now simply and shortly obtain the advantages of machine studying and pre-built fashions. ElectrifAi helps corporations throughout the globe develop and turn out to be extra aggressive by means of data-driven enterprise selections and we’re taking the friction and complexity out of machine studying and laptop imaginative and prescient.” – Edward Scott, CEO, ElectrifAi
ElectrifAi is a worldwide chief in business-ready machine studying and laptop imaginative and prescient fashions. ElectrifAi’s mission is to assist organizations change the way in which they work by means of machine studying and laptop imaginative and prescient: shortly driving income and efficiency uplift, in addition to price and danger discount. Based in 2004, ElectrifAi boasts seasoned business management, a worldwide group of area consultants, and a confirmed file of remodeling structured and unstructured knowledge at scale. ElectrifAi’s massive library of Ai-based merchandise reaches throughout enterprise capabilities, knowledge methods, and groups to drive superior leads to file time. ElectrifAi has roughly 200 knowledge scientists, software program engineers and staff with a confirmed file of coping with over 2,000 buyer implementations, principally for Fortune 500 corporations. On the coronary heart of ElectrifAi’s mission is a dedication to creating Ai, machine studying and laptop imaginative and prescient extra comprehensible, sensible and worthwhile for companies and industries throughout the globe. ElectrifAi is a worldwide firm with places of work in Miami, Jersey Metropolis, Shanghai and New Delhi.
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