Lightweight, tailored AI models facilitate rapid deployment with low overhead
LAS VEGAS, April 18, 2024 /PRNewswire/ — SAS INNOVATE — Today at SAS Innovate, SAS – a pioneer in data and AI solutions – unveiled a revolutionary approach for organizations to tackle business challenges head-on. By introducing lightweight, industry-specific AI models for individual licensing, SAS equips organizations with easily deployable solutions. AI technology to produce real-world use cases with unparalleled efficiency.
AI software provider SAS is uniquely positioned to leverage its decades of expertise in applying scalable and reliable AI models for leading global brands in finance, healthcare and manufacturing , as well as for government institutions.
“SAS is evolving its portfolio to meet broader user needs and capture market share with innovative new offerings,” said Chandana Gopal, Research Director, Future of Intelligence, IDC. “A promising area for SAS is producing models based on SAS’s core assets, talents and intellectual property, derived from its rich experience of collaborating with customers to solve industry problems. »
In today’s market, model consumption mainly focuses on large language models (LLM) for generative AI. In reality, LLMs represent only a very small portion of the modeling needs of real-world production AI and decision-making deployments for businesses. With this new offering, SAS goes beyond LLMs and delivers proven deterministic AI models for industries that cover use cases such as fraud detection, supply chain optimization, management entities, document conversation and health care payment integrity, etc.
Unlike traditional AI implementations that can be cumbersome and time-consuming, SAS’s industry-specific templates are designed for rapid integration, enabling organizations to implement reliable AI technology and accelerate realization of tangible benefits and reliable results.
Expansion of market presence
Organizations are facing pressure to compete and are turning to AI to gain an edge. At the same time, staff data science teams have never been more difficult due to lack of AI skills. Therefore, businesses demand agility in using AI to solve problems and need flexible AI solutions to quickly drive business results. Easy-to-use, yet powerful, enterprise-ready SAS templates allow organizations to benefit from half a century of SAS leadership across industries.
The supply of industrial models in the form of packaged offers is one of the results of SAS’s commitment to 1 billion dollars to industrial solutions based on AI. As indicated in the May 2023 According to the announcement, the investment in AI builds on SAS’s decades-long focus on providing packaged solutions to meet the challenges of banking, government, healthcare and more.
“The models perfectly complement our existing solutions and SAS Viya platform offerings and address diverse business needs across diverse audiences, ensuring innovation reaches every corner of our ecosystem,” said Udo Sglavo, vice president for AI and analytics, SAS. “By tailoring our approach to understand the specific needs of the sector, our frameworks enable businesses to thrive in their distinctive environments. »
Bringing AI to as many people as possible
SAS democratizes AI by offering lightweight, ready-to-use AI models, making AI accessible regardless of skill set, starting with a AI Assistant for Warehouse Space Optimization. Leveraging technologies such as large language models, these assistants cater to non-technical users, translating interactions into seamlessly optimized workflows and facilitating faster scheduling decisions.
“SAS models provide organizations with flexible, timely and accessible AI that aligns with industry challenges,” said Sglavo. “Whether you’re just embarking on an AI journey or looking to accelerate the expansion of AI in your business, SAS offers unparalleled depth and breadth to meet the unique needs of your business.
The first SAS models are expected to be generally available later this year. Learn more about SAS Applied AI and modeling here: https://blogs.sas.com/content/tag/applied-ai-modeling/.
Today’s announcement was made to SAS Innovate, the data and AI experience for business leaders, technical users and SAS partners. Keep up to date with the latest news from SAS by following @SASsoftwareNews on X/Twitter.
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SOURCE SAS Institute Inc.