Category Archives: Artificial Intelligence

Sensedia AI Copilot Announced

MIAMI, FL, May 24, 2024 – Sensedia, a global leader in API and integration solutions, announced the launch of Sensedia AI Copilot, a groundbreaking AI assistant designed to facilitate all steps of API Management, Governance and Application Integrations.

The solution embeds over 17 years of Sensedia’s expertise in designing API strategies and best practices. Sensedia AI Copilot can be tuned to understand each customer’s business context and combine API Management and Governance best practices to suggest improvements, design APIs from scratch, detect security flaws and increase documentation accuracy. The solution can assess APIs published across multiple Gateways, ensuring comprehensive API management.

Unveiled at the APIX 2024 global customer conference, AI Copilot supports customers in aligning their API and integration strategies with business goals, transforming digital channels and integrated ecosystems.

“Sensedia’s AI Copilot leverages what generative AI does best — best practice assistance for developers and platform engineers to elevate API design through customized journeys, but more than that, the solution will impact every step of their API Journey. This solution leverages years of API design experience to deliver a simple, custom and ethically human-driven AI API experience to improve how businesses innovate,” says Lisa Arthur, Sensedia’s US director and global CMO.

How it works

Sensedia AI Copilot simplifies the entire API creation journey – from planning and design to implementation, testing and validation, documentation, deployment and management steps – and can now be navigated with simplicity, speed, and intuition with the assistance of artificial intelligence.

By applying years of industry best practices, the AI assistant enhances productivity and outcomes, resulting in robust and effective APIs that are easy to customize, adjust, publish and govern.

Users can securely upload their data to create custom APIs, with the AI suggesting journeys and access points aligned with market best practices for ease of use and security. The solution then generates APIs automatically, ready for customization and integration with Sensedia’s API Manager, allowing for flexible documentation management and automated contract creation.

“Sensedia AI Copilot is developed with a clear focus on assuring responsible AI. Our practices follow strict ethical guidelines to ensure transparency, equity and safety. We maintain human supervision at all critical stages of the process to avoid errors and ensure quality,” explains Kleber Bacili, CEO of Sensedia.

Bacili also points out other key capabilities for designing and creating APIs aligned with each company’s strategies. “Another significant differentiator of the solution is the secure uploading of documents into private databases. This new capability allows users to customize APIs to best support their business, strategy and planning processes. Sensedia customers will also see an improved response process as all captured data is authenticated and encrypted for the ultimate in security and risk mitigation.”

The Gartner “Hype Cycle for Artificial Intelligence, 2023”* shows that “AI engineering enables organizations to establish and grow high-value portfolios of AI solutions. Most AI development is currently limited by significant operational bottlenecks. With AI engineering methods — DataOps, ModelOps and DevOps — it is possible to deploy models into production in a structured, repeatable factory-model framework to realize significant value.”

Proven benefits

Sensedia customer uisa, one of the largest biorefineries in Brazil, successfully tested Sensedia AI Copilot, demonstrating several advantages. The solution accelerated uisa’s development process for creating and launching APIs. Sensedia AI Copilot simplified adherence to industry best practices, resulting in more robust and efficient APIs, reduced human errors and automation of repetitive processes, easier customizing and adjusting journeys and endpoints, and easier integration with Sensedia’s API Manager (complete API management platform).

According to Rodrigo Gonçalves, Technology and Innovation Director at uisa, Sensedia AI Copilot is not just an API creation tool; it generates business. “The solution helps us simplify our development and creation processes. Creating an API can be done by everyone. In other words, we are democratizing, putting more governance in the processes.”

Gonçalves adds that, with the solution, uisa’s technology team has more time to think about the business. “Something that used to take five or six days can now be completed in an hour or two hours, saving time. Putting intelligence into our processes offers enormous savings and efficiency for the company.”

Sensedia AI Copilot is a tool for increasing efficiency in delivering results, commented Gonçalves, “Here at uisa, our board is not only focused on technology and innovation but also on efficiency and increasing the company’s profitability. Sensedia AI Copilot frees up human resources to think about operational efficiency points and automates a usually complicated process. The solution simplifies business transformation.”

Next steps

Sensedia looks forward to further enhancing Sensedia AI Copilot’s functionalities and user experience through self-learning. The product can adopt the latest improvements, providing more accurate and contextualized predictions and suggestions in line with the continuous evolution of AI models.

“Sensedia AI Copilot does not replace human work but complements it by automating repetitive and error-prone tasks and allowing developers and architects to focus on the more strategic and creative aspects of the API Management and Governance initiatives. Using the solution enhances the user experience and adds value for the business,” Bacili highlights.

*Gartner, Hype Cycle for Artificial Intelligence, 2023, By Afraz Jaffri, 19 July 2023.

About Sensedia

Sensedia simplifies enterprise architecture and integrations to improve business efficiency and flexibility. Sensedia’s solutions go beyond API management, working in partnership to help customers do more, faster and better with APIs, microservices and their architecture. Whether leveraging legacy systems for open innovation within a modern platform, unlocking data with agile architecture, creating new customer digital experiences or expanding business models and partner ecosystems, Sensedia empowers its clients’ businesses to become more adaptable, composable and connected.

More at www.sensedia.com.

Qubrid AI Introduces AI Model Studio

MCLEAN, VA, May 17, 2024 – Qubrid AI, a leading provider of enterprise AI solutions, announced an update to its AI Hub platform with the launch of AI Model Studio. This innovative addition empowers businesses to rapidly develop, tune, and deploy cutting-edge AI models with ease and efficiency.

AI Model Studio running on latest GPU Cloud infrastructure serves as a centralized hub for all stages of model development. It offers businesses a user-friendly interface to interact with a library of pre-trained, industry-leading open-source models, spanning domains such as natural language processing, computer vision, and more. This allows businesses to quickly identify the ideal model for their specific needs without requiring extensive coding expertise.

“We understand that businesses want to harness the power of AI quickly and efficiently,” said Ujjwal Rajbhandari, CTO of Qubrid AI. “The AI Model Studio democratizes AI development, allowing enterprises to leverage pre-trained models as a springboard for innovation. They can then fine-tune these models with their own data, ensuring optimal performance for their unique use cases.”

Beyond model selection, AI Model Studio simplifies the process of model tuning and optimization. Businesses can leverage intuitive tools and powerful compute resources within AI Hub to fine-tune pre-trained models with their proprietary data.

Deployment is equally streamlined, with AI Model Studio offering seamless integration with existing applications. Businesses can quickly deploy their optimized models with just a few clicks, significantly reducing time-to-market and accelerating the realization of tangible business value.

Key features of AI Model Studio:

  • Library of pre-trained open-source models: Explore and choose from a wide array of industry-leading models. Models include Gemma-2B, Yolo-V8, Falcon-7B, Stable Diffusion, and more.
  • Intuitive interface for model tuning and optimization: Fine-tune models using your own data for enhanced performance.
  • Powerful compute resources for efficient training: Leverage AI Hub’s compute platform to accelerate model development.
  • Seamless deployment and integration: Easily deploy models and integrate them into existing applications.

Users can login now for a free trial of the AI Model Studio using link below: https://platform.qubrid.com

About Qubrid AI

Qubrid AI is a leading enterprise artificial intelligence (AI) company that empowers AI developers and engineers to solve complex real-world problems through its advanced AI Hub. The company’s AI Hub provides a comprehensive platform that includes an AI Compute Cloud Platform, AI Model Studio, and AI Data Services designed specifically for Generative AI, Large Language Models (LLMs), and Deep Learning applications. Qubrid AI is committed to helping businesses leverage the transformative power of AI to gain a competitive advantage.

For more information, visit www.qubrid.com.

LTIMindtree, IBM to Open Generative AI CoE in India

MUMBAI, India, May 14, 2024 – LTIMindtree, a global technology consulting and digital solutions company, announced a collaboration with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India, a co-innovation center combining the power of the IBM watsonx AI and data platform and the engineering skills of LTIMindtree.

Open innovation drives the growth of enterprise AI technology, helping organizations apply AI-infused solutions to solve business challenges. It is this same open innovation which plays a key role in the LTIMindtree and IBM collaboration.

The LTIMindtree and IBM CoE plans to offer a comprehensive suite of services, combining LTIMindtree’s expertise in data and machine learning model customization and full-stack engineering with IBM watsonx technology including watsonx.ai, watsonx.data, and watsonx.governance, and AI assistants. The center, located in India, will focus on building point solutions to accelerate clients’ generative AI adoption journeys.

Nachiket Deshpande, COO and whole-time director, LTIMindtree, commenting on the collaboration, said, “Open innovation is the cornerstone of progress in the digital era. By joining forces with IBM, LTIMindtree aims to be at the forefront of advancing AI technologies and empowering businesses to achieve unparalleled success with governance.”

Kate Woolley, general manager, IBM Ecosystem said, “IBM Service Partners such as LTIMindtree play an integral role helping enterprises maximize the benefits of generative AI technology through all phases of their AI adoption journey. Our collaboration, distinguished by the Center of Excellence, is an opportunity for our companies to work closely together to help funnel the latest AI research and innovations into technologies solving real-world business challenges.”

This collaboration is expected to offer various benefits to clients, including providing them access to the following:

  • IBM watsonx.governance: LTIMindtree will offer a watsonx.governance integration with the Canvas.ai platform, resulting in a collaborative enterprise-ready toolkit that enables organizations to strategically incorporate AI governance frameworks throughout the entire AI lifecycle. Together, these platforms will provide users with the structure and processes necessary to help them navigate the complexities of the regulatory landscape while also adhering to ethical standards, compliance requirements, and responsible AI practices.
  • IBM watsonx.data: The CoE will also offer an enterprise data modernization and warehouse augmentation service powered by watsonx.data. This service will provide the framework and tools for data warehouse consumers to augment the performance of their existing data warehouse capabilities using the power of IBM watsonx.data and LTIMindtree’s expertise in crafting tailored solutions.
  • IBM watsonx.ai: The CoE is also expected to provide a suite of services dedicated to modernizing full-stack applications across a set of domain specific use cases, including mainframe application modernization use cases. LTIMindtree’s proficiency in full-stack engineering, combined with the powerful IBM watsonx.ai studio, will help enterprises train, validate, tune and deploy AI models while simplifying their modernization efforts.

The Center of Excellence aims to play a pivotal role in expanding the scope of generative AI applications for digital initiatives of clients, utilizing the IBM watsonx platform and AI assistants, machine learning, speech recognition, natural language processing, and conversational AI to augment end user experience.

For more information on LTIMindtree’s offerings with IBM, please visit https://www.ltimindtree.com/enterprise-solutions/ibm/.

About LTIMindtree

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 82,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale.

For more information, please visit www.ltimindtree.com.

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. They help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service.

For more information, please visit www.ibm.com.

Scale AI to Open European HQs in London, UK

LONDON, UK, May 7, 2024 – Scale AI, the data infrastructure company for AI, has selected London as the location for its European headquarters, reinforcing the company’s mission to accelerate the development of AI globally.

Scale’s United Kingdom (UK) office will serve as the center of its operations in Europe. Scale provides world leading data generation for model builders, and helps enterprises and governments adopt and fine tune custom large language models.

The ambition for Scale’s multi-million-pound investment in the UK is to see a workforce of over fifty specialist engineers and software developers. This expansion will bring the recruitment of local talent as well as the deployment of specialist engineers from the United States. As Scale’s global operations increase, their UK-based workforce will continue to grow.

“The UK has long been a hotbed for technology, talent, and diverse ideas, which is why we’re proud to establish roots here,” said Alexandr Wang, founder and CEO of Scale AI. “When I attended last year’s UK AI Safety Summit, it was clear that the country’s leaders and policymakers are engaging thoughtfully with the AI industry, and we look forward to our continued partnership to advance technological progress throughout the region.”

As Scale deepens its commitment to the UK, it aims to replicate the success it has seen from its close partnerships across the U.S. government to advance policy and regulation, as well as support the government’s own internal innovation initiatives.

Prime Minister Rishi Sunak said: “I’m delighted that Scale AI has chosen London for its European base. It’s another vote of confidence in the UK’s economy and status as a science superpower and we are determined to ensure AI helps deliver a brighter future for the next generation.”

Deputy Prime Minister Oliver Dowden said: “It is fantastic news that Scale has chosen the UK for their European headquarters. This is a further vote of confidence in the UK as Europe’s AI hub and a leading global destination for AI innovation and investment. The Government is determined to seize the huge opportunities that AI offers to transform public services for the better, working with some of the world’s most innovative companies, such as Scale.”

About Scale AI

Scale is fueling the Generative AI revolution. Built on a foundation of high-quality data and human insight, Scale’s proprietary Data Engine powers the world’s most advanced models. Their years of deep partnership with every major model builder enables us to provide the roadmap for any organization to apply AI. Scale is trusted by industry leaders including Meta, Microsoft, the US Army, the DoD’s Defense Innovation Unit, OpenAI, Cohere, Anthropic, General Motors, Toyota Research Institute, and NVIDIA.

For more information, visit website.

Deltek Launches AI-Powered Business Companion Dela

HERNDON, VA, Apr 16, 2024 – Deltek, the leading global provider of software and solutions for project-based businesses, has unveiled Dela, its AI-powered, intelligent business companion. Dela is a suite of AI-powered technologies built into Deltek’s portfolio of solutions. Individually, each AI capability has its own role and function, which brings together all of Deltek’s existing and future AI capabilities under one umbrella.

Within certain Deltek solutions today and with future releases coming, customers can begin to leverage Dela in multiple ways to generate smart content, predict project performance, find information more efficiently, and automate simple tasks.

Generating Smart Content

Dela organizes vast amounts of data and distills it into concise, actionable insights with GenAI-powered Smart Summaries that equip decision-makers with crucial information and enable informed choices.

GovWin IQ and Vantagepoint are two of the Deltek solutions already utilizing Dela’s smart content capabilities. GovWin IQ Smart Summaries – unveiled in late 2023 – leverages GenAI to make data collection and synopsis effortless by delivering clear, concise executive briefings for federal Agency Profiles, federal Contract Awards and state, local, and education (SLED) Government Profiles with the click of a button.

Predicting Success

By introducing predictive elements into everyday processes, Dela will help anticipate resource needs, automate processes, streamline project staffing and hiring, and recommend strategies to reduce future risks based on historical project and performance data.

Coming soon in Deltek ERPs, Dela will make labor forecasting smarter – helping project managers and resource managers predict availability based on current assignments, suggest replacements if needed and also provide potential actions.

Intelligent Exploration

Dela engages users through natural language interactions to retrieve and explore information, perform tasks and get product assistance without having to navigate Deltek solutions. Dela is an AI-powered digital companion that comes to work every day with each user.

Costpoint, one of Deltek’s ERP solutions, already features GenAI capabilities. In its latest release, Deltek evolved Hey Deltek to the Dela digital assistant, designed to make government contractors even more productive and efficient. Powered by GenAI, the Dela digital assistant allows end-users to: ask questions about contracts or projects; initiate emails or phone calls regarding overdue tasks; use voice recognition and natural language processing capabilities to provide answers based on the relevant data available in Costpoint; and make more informed and quicker decisions. The Dela digital assistant will be making its way into more Deltek products, starting with Vantagepoint this summer.

“Dela represents our commitment to continuously innovate on how projects get done for the thousands of global project-based businesses that rely on Deltek solutions,” said Warren Linscott, chief product officer at Deltek. “We are in a new era of AI-enabled software, and project-based businesses need a trusted partner that can help them responsibly transform with new technology. We’re excited to add value for our customers through the use of traditional AI and GenAI within our products. Dela’s capabilities will revolutionize the way our customers operate their businesses and execute their projects. We’re excited about what we have already delivered and plan on accelerating AI-driven capabilities into our products in 2024 and beyond.”

About Deltek

Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Their industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue.

For more information, visit www.deltek.com.

igus Introduces igusGO AI-Powered App

In a groundbreaking showcase at Hannover Messe 2024, igus is set to redefine the future of sustainable industrial automation with its latest advancements in artificial intelligence (AI), smart maintenance, and low-cost robotics. With a focus on zero-lubrication and CO2-neutral solutions, igus introduces igusGO, an AI-powered app, alongside a series of smart sensor technologies designed to streamline maintenance and optimize production processes for the lubrication-free industry of tomorrow.

igusGO, the centerpiece of igus’s innovation, leverages AI to identify optimization opportunities for designers using lubrication-free motion plastics instantly. This revolutionary app simplifies the selection process without the need for traditional catalog browsing. It is a testament to igus’s commitment to enhancing operational reliability and cost-efficiency across various applications, from heavy-duty machinery to everyday devices.

A collaboration with RWTH Aachen University highlights the significant economic and ecological advantages of Igus’s polymer bearings. It showcases potential savings of up to €14 million annually and substantial CO2 reductions, as exemplified by Heineken Brazil’s savings of 180kg of CO2 equivalents per year through the switch to polymer bearings.

“Our aim with igusGO and our suite of smart products is to navigate the vast potential of motion plastics with unprecedented efficiency and transparency,” states Tobias Vogel, CEO of Plain Bearings and Linear Technology at igus.

This sentiment is echoed by Michael Blass, CEO of E-Chain Systems, who emphasizes the critical role of digital innovations like superwise, a digital service for comprehensive maintenance insights, in bolstering competitiveness amidst challenging times.

igus’s innovations extend to low-cost automation, introducing user-friendly robotics with AI-based voice and gesture control, exemplified by the ReBeL cobot and its plug-and-play capabilities. These advancements are complemented by the RBTX online marketplace, which facilitates easy access to compatible automation accessories and promotes an inclusive approach to automation for companies of all sizes.

“By merging our innovative products with digital services, we’re demonstrating how our motion plastics can significantly enhance a wide array of applications, driving them towards a more sustainable and technologically advanced future,” concludes Blass.

For more information on igus’s pioneering solutions and their impact on sustainable Industry 4.0, visit www.igus.com.

About igus

igus GmbH develops and produces motion plastics. These self-lubricating, high-performance polymers improve technology and reduce costs wherever things move. In energy supplies, highly flexible cables, plain and linear bearings, and lead screw technology made of tribo-polymers, igus is the worldwide market leader. The family-run company based in Cologne, Germany, is represented in 31 countries and employs 4,600 people across the globe. In 2022, igus generated a turnover of €1.15 billion. Research in the industry’s largest test laboratories constantly yields innovations and more user security. Two hundred thirty-four thousand articles are available from stock, and service life can be calculated online. In recent years, the company has expanded by creating internal startups, for example, ball bearings, robot drives, 3D printing, the RBTX platform for Lean Robotics, and intelligent “smart plastics” for Industry 4.0. Among the most significant environmental investments are the “change” program – recycling used e-chains and participating in an enterprise that produces oil from plastic waste.

AMC Bridge Establishes AI Center of Excellence

WALTHAM, MA, Apr 11, 2024 – AMC Bridge has announced the establishment of its AI Center of Excellence (CoE), a strategic initiative aimed at integrating artificial intelligence (AI) and machine learning (ML) technologies across its operations. The center will serve as a focal point for harnessing the power of AI and ML to enhance client solutions and drive innovation.

Utilizing years of knowledge and experience in advanced technologies, AMC Bridge is committed to helping its clients worldwide attain their objectives and revolutionize their businesses. To meet the increasing demand for consultancy services in the field of AI, AMC Bridge has launched a CoE.

Comprising representatives from each AMC Bridge department, the AI CoE will consolidate the company’s expertise and resources to spearhead AI initiatives effectively. One of the primary objectives of the AI CoE is to develop standardized protocols, guidelines, and frameworks for the implementation of AI and ML technologies across various projects. By establishing guidelines and methodologies, AMC Bridge aims to expedite the integration and utilization of AI and ML within companies’ development practices, streamlining the adoption process and ensuring consistent quality in deliverables with seamless integration into client projects.

“This initiative is not just about embracing the latest trends in technology; it’s about actively participating in the evolution of the digital landscape. For our company, it means unlocking new possibilities in the software development process while enhancing efficiency. For our customers, it translates into access to cutting-edge solutions that are more intuitive, efficient, and tailored to meet their evolving needs. In essence, our investment in AI is a commitment to excellence, pushing the boundaries of what’s possible to deliver value that goes beyond expectations,” noted Andrii Dankevych, senior director of operational excellence at AMC Bridge.

Furthermore, the AI CoE is established to be instrumental in leveraging AI technologies for educational endeavors, training programs, and research efforts spanning multiple sectors. The objective is also to ensure that AI and ML seamlessly integrate into the operational framework of AMC Bridge, thereby fostering innovation and facilitating ease of use for the teams.

Partnering with a software development consultancy that has its own AI CoE brings numerous benefits to AMC Bridge’s clients, ultimately leading to mutual success and growth:

  • Competitive advantage: With successful experience leveraging AI technologies in its internal operations, AMC Bridge knows how to save client resources by developing cutting-edge AI solutions to address specific complex challenges of clients’ businesses. This approach enables the creation of intelligent solutions and the delivery of significant value to clients. It allows AMC Bridge to stay at the forefront of AI innovation and provide its clients with the most up-to-date and effective AI solutions.
  • Customization: Access to a team of AI experts who have the knowledge and experience to create tailored solutions for specific business needs, ensuring maximum effectiveness and value.
  • Innovation: AI-powered solutions designed specifically for the complexities of the client’s industry that can drive business growth, improve efficiency, and enhance customer experiences.

With the launch of its AI CoE, AMC Bridge will deliver unparalleled value to its customers worldwide.

About AMC Bridge

AMC Bridge is a global software development consultancy serving engineering, manufacturing, and construction industries. Since 1999, they have enabled digital transformation for their clients by creating custom software solutions that eliminate data silos, connect complex applications, unlock internal innovation, and democratize cutting-edge technologies. AMC Bridge’s software development experts use extensive experience with APIs of the majority of engineering software solutions and platforms, as well as in-depth knowledge of computational geometry, 3D visualization, and other advanced technologies, to solve clients’ critical business needs.

For more information, visit amcbridge.com.

Autodesk Releases 2024 State of Design & Make Report

SAN FRANCISCO, CA, Apr 11, 2024 – Leaders from industries that design and make places, objects, and experiences are far more confident about their companies’ resilience than last year and have a surprisingly high level of trust in AI, according to the 2024 State of Design & Make report released by Autodesk, Inc. The group largely sees AI as a current tool rather than a futuristic pipe dream, leading to increased investment as they chase the promise of greater productivity and improved sustainability.

The State of Design & Make report reveals the issues and sentiments industries are facing, with the goal of helping leaders chart a path to the future.

Design and Make industries – architecture, engineering and construction; design and manufacturing; and media and entertainment – employ nearly 300 million people worldwide* and by 2027 will represent $30 trillion in value globally**. Autodesk’s second annual report reveals the issues and sentiments these industries are facing, with the goal of helping leaders chart a path to the future.

Key report takeaways: 

  • With optimism returning, digitization has reached a tipping point: Leaders feel their companies are far more resilient than last year, as digitally mature companies report even greater success. In fact, 73% of companies believe they are prepared to handle unforeseen economic or geopolitical changes – up 14 points from 2023.
  • Trust in AI is on the rise: More than 3 in 4 professionals (76%) say they trust AI for their industry, many have embraced AI to enhance productivity, become more efficient, and to better achieve sustainability goals – now table stakes for business and the planet.
  • Perception of AI progress is high as we still scratch the surface: More than half of companies say they are approaching or have already achieved their goal of incorporating AI. While AI adoption is high, we still have a long way to go to maximize AI’s potential.
  • Upskilling becomes a necessity as tech skillsets expand: With nearly half of industry professionals saying that access to skilled talent is a barrier to their companies’ growth, upskilling and continuous learning emerge as essential programs for companies large and small.
  • Companies who don’t meaningfully commit to sustainability will be left behind: Nearly all companies say they have taken actions to improve their sustainability, but without meaningful commitments, companies across industries risk being left behind by competitors whose values are in line with those of their employees and customers.

“While capacity and economic constraints have dominated industry conversations, it’s not surprising to see increased trust and optimism in AI, digital transformation, and sustainability, as our customers aim to be more efficient and cost-effective,” said Andrew Anagnost, president and CEO, Autodesk. “As the world confronts unprecedented challenges, technology is our most powerful tool for designing and making a better world for all.”

The rise of AI in design and make

As trust in technology is growing, AI is shaping business transformation across industries. Businesses are using AI to increase productivity and automate work, and leaders predict that generative AI will help people make crucial design decisions about physical products, buildings, and digital assets in the next several years.

  • 79% of respondents say AI will make their industry more creative
  • 78% say AI will enhance their industry, with the same number saying they are confident their company will make the right decisions regarding AI
  • 72% say their organizations have increased spending on AI and emerging technology in the past three years
  • 77% state they will continue to invest in AI and emerging technology in the next three years
  • 39% stating AI will help automate mundane, repetitive tasks
  • 35% say AI will supplement a skills gap

Sustainability commitments are key to company success 

Changing attitudes around sustainability are driving progress, with leaders investing in energy efficiency, materials reduction, and more sustainable processes.

  • Nearly all companies surveyed (97%) have taken actions to improve their sustainability
  • 87% of industry professionals believe improving sustainability practices is a good long-term business decision and 78% say they are proud of their company’s sustainability efforts
  • 69% say sustainability is good for short-term business success, up 25% from last year’s report

Companies are focused on upskilling in three areas

The top three digital skills companies are looking for include: the ability to work with AI, digital design, and software development/programming. This is a result of high costs forcing companies to become more economic; however, as workforces tighten, the skills and technical education that employees possess are falling short of meeting essential business needs.

  • 71% of respondents consider digital maturity a top attractor of talent
  • 41% say the ability to implement/work with AI is the top technical skill companies will be prioritizing for hiring decisions over the next three years
  • 77% of companies consider upskilling and training important, yet only 38% have the necessary skills and resources to design internal training programs
  • 43% of industry professionals say that access to skilled talent is a barrier to their companies’ growth

Complete findings of the 2024 State of Design & Make report can be found on autodesk.com.

Sources
*World Economic Forum
**Statista, Statista, Oxford Economics & PWC 

About the State of Design and Make Report

For this year’s report, Autodesk surveyed and interviewed 5,399 industry leaders, futurists, and experts in the architecture, engineering, construction, and operations; design and manufacturing; and media and entertainment industries from 18 countries around the globe. The report contains key findings from this research, including details at the sector and regional level.

About Autodesk

The world’s designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk’s Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet.

For more information, visit autodesk.com.

Ambarella Announces 5nm CV75S AI SoC Family

SANTA CLARA, CA, Apr 9, 2024 – Ambarella, Inc., an edge AI semiconductor company, today announced during the ISC West security expo, the continued expansion of its AI system-on-chip (SoC) portfolio with the 5nm CV75S family. These new SoCs provide the industry’s most power- and cost-efficient option for running the latest multi-modal vision-language models (VLMs) and vision-transformer networks. This efficiency makes these cutting-edge AI technologies feasible for a broad range of cost- and power-constrained devices within security cameras for enterprises, smart cities and retail; industrial robotics and access control; and a host of AI-enabled consumer video devices, such as sports and conferencing cameras.

“With the CV75S family, we are enabling mass-market product designers with the ability to integrate the latest vision-transformer technologies, including VLMs that allow zero shot image classification and multi-modal inferencing for real-time visual analytics without the need for training,” said Chris Day, VP of marketing and business development at Ambarella. “We’re also bringing our advanced AI-based image processing technology to cameras with a wide range of price points, offering significantly greater image quality for a broad spectrum of applications.”

A typical example of how the CV75S will be used to run VLMs in enterprise cameras is a natural-language search that is processed within the camera to look for any object or scene among the content it has captured. A multi-modal VLM, such as the contrastive language–image pre-training (CLIP) model, can scour the footage and provide instantaneous results without being trained on that specific object or context. This opens a whole new range of AI capabilities for enterprise cameras, which can now run AI tasks tailored to their installation and user needs without retraining and deploying new AI models for each task.

This is Ambarella’s first mass-market SoC family to integrate its latest CVflow 3.0 AI engine, which provides 3x the performance over the prior generation with support for VLMs and vision transformers, as well as advanced AI-based image processing. Additionally, the CV75S integrates the latest generation of Ambarella’s industry-leading image signal processor, 4KP30 H.264/5 video encoding, dual Arm Cortex-A76 1.6GHz cores and USB 3.2 connectivity.

To accelerate time to market, the CV75S family is supported by Ambarella’s Cooper Developer Platform. This recently introduced platform provides comprehensive hardware and software solutions for creating edge AI systems, including powerful, safe and secure compute and software capabilities. It consists of industrial-grade hardware tools, collectively called Cooper Metal; along with Cooper Foundry, which provides a multi-layer software stack that supports Ambarella’s entire portfolio of AI SoCs. Learn more at www.ambarella.com/cooper.

The CV75S is sampling now, and will be demonstrated at Ambarella’s invitation-only exhibition at ISC West in Las Vegas this week. For more information or to schedule a demo during the show, please contact your Ambarella representative.

About Ambarella

Ambarella’s products are used in a wide variety of human vision and edge AI applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring, autonomous driving and robotics applications. Ambarella’s low-power systems-on-chip (SoCs) offer high-resolution video compression, advanced image and radar processing, and powerful deep neural network processing to enable intelligent perception, fusion and planning.

For more information, please visit www.ambarella.com.

Aloft Unveils AI-Driven Image Analysis

SEATTLE, WA, Apr 4, 2024 – Aloft, a national leader in real estate appraisal technology, is excited to unveil a groundbreaking development: AI-Driven Image Analysis. Embedded in Aloft’s signature software product, Appraiser Toolkit, this innovative feature marks a significant advancement in the standardization of quality and condition ratings in appraisal reports.

Adding the new AI-Driven Image Analysis feature to Appraiser Toolkit represents a major milestone for Aloft, demonstrating the company’s ongoing commitment to cutting-edge technology that advances and uplevels the appraisal industry. By providing recommended Uniform Appraisal Dataset (UAD) quality and condition ratings, the robust math engine of Appraiser Toolkit now simplifies the comparison process between comparable properties and the subject property, offering one-click analysis that was previously unavailable.

The development of this feature was showcased by Aloft’s chief appraiser, Hansel Dobbs, in McKissock’s Pro Series Webinar last week, which highlighted the practical applications and benefits of this AI-driven tool in real-world appraisals.

Innovative Features and Benefits

Aloft’s new AI-Driven Image Analysis feature automates image analysis of both subject and comparable properties, providing appraisers with accurate, data-driven recommendations for UAD quality and condition ratings, significantly reducing analysis time and potential for error. Appraiser Toolkit is a testament to Aloft’s mission to revolutionize real estate appraisal, making it faster, more accurate, and less susceptible to revisions and other quality-related issues.

Quotes from Aloft Leadership

Avi Joshi, Aloft’s head of product, shared his enthusiasm for the new feature, saying, “This AI-Driven Image Analysis feature is a game-changer for real estate appraisers. It embodies our dedication to innovation and our commitment to empowering appraisers with technology that simplifies their work, enhances accuracy, and saves time. We are proud to lead the way in integrating AI into real estate appraisal, setting new standards for the industry.”

Travis Soukup, CEO of Aloft, added, “At Aloft, we are always looking forward to the future, seeking ways to advance the appraisal profession through technology. The launch of this AI-driven feature in Appraiser Toolkit is a significant step towards realizing our vision of a more efficient and reliable appraisal process. We are thrilled to offer this tool to our users and confident it will make a positive impact on their work.”

Experience the Difference with Aloft

Aloft invites appraisers to sign up for a free trial of the Appraiser Toolkit™ to experience the transformative power of AI-Driven Image Analysis firsthand. By integrating this technology, Aloft continues to lead the charge in propelling the real estate appraisal industry forward, providing appraisers with the tools they need to succeed in a rapidly evolving market.

About Aloft

Aloft is at the forefront of revolutionizing the real estate appraisal industry with innovative solutions designed to improve the accuracy, efficiency, and reliability of appraisals. Backed by industry-leading investors such as Andreesen Horowitz and Fifth Wall, Aloft is empowering appraisers and enriching the real estate industry at large.

For further details on Aloft and its suite of tools, including the Appraiser Toolkit and the new AI-Driven Image Analysis feature, please visit www.aloftappraisal.com.