CognitiveScale Announces Launch Of Cortex Fabric Version 6 To Fuel Quick Development Of Large Scale, Trusted AI Campaigns | Texas
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Austin, Texas, July 15, 2021 / PRNewswire / – CognitiveScale, the enterprise AI company that helps businesses thrive with intelligent, transparent and trustworthy AI-powered digital systems, today announced the release of Cortex Fabric Version 6 – a new low-code developer platform for automation, expansion and transformation of knowledge work and digital experiences.
Cortex 6 helps companies build trusted AI applications faster and more cost-effectively and deliver business results through KPIs based on insights from data, models and actions – all with minimal dependencies on the underlying infrastructure. It is superior to existing solutions in that it uses data where it is, avoiding reliance on cloud providers and allowing developers to call on any model developed by any machine learning platform with a focus on operationalization.
“Companies need to build trust in their AI-powered applications. This has become indispensable in the market. The consequences of introducing unethical or biased applications are prohibitive to differentiate is an incredibly missed opportunity, “said Matt Sanchez, CTO, CognitiveScale.
The strength of Cortex 6 is that it provides application developers with a visual framework for implementing a new class of goal-oriented, large-scale AI applications called Campaigns. Cortex 6 focuses on tracking and measuring business outcomes, making it easy to turn big data insights into trustworthy outcomes. With AI Mission Planner, a web-based developer tool, companies can achieve goals faster and achieve results more easily, with more functions around data acquisition and fewer points of friction.
AI deployments can be time consuming and often require highly skilled expertise. Cortex 6 offers a low-code framework that enables citizen developers to implement intelligent systems quickly and securely – within a few weeks. By scaling critical resources, organizations can see up to 70% cost savings in building an AI solution, with rapid prototyping and accelerated deployment delivering three times faster value and a 60% reduction in the total cost of ownership for AI solutions.
Empowering in-house business users to create AI models also saves significant support costs while ensuring great results with confidence and visibility into the AI lifecycle. That’s why CognitiveScale partnered with argodesign to design the Cortex user interface.
Jared Ficklin, Chief Creative Technologist of argodesign, says: “Cortex 6 enables an entire organization to participate in the delivery of AI through interfaces that allow a wide range of roles to expand the work of AI specialists. There are no design conventions here, so we worked closely with CognitiveScale and their customers to develop new types of low-code interfaces that guide a company through best practices, remove deployment bottlenecks, and add value to AI solutions. “
Cortex 6 is also equipped with a cognitive data layer supported by the Cortex Intelligent Profile-of-One and a number of prediction engines to identify predictive, proactive and personalized recommendations or interventions. Users can now deliver intelligent interventions at the right time, on the right channel, improving efficiency and improving service by sending help where it is really needed most.
AI has become a competitive imperative for all corporate companies – early adopters will 1 t profit pool until 20303. Artificial intelligence and machine learning (AI / ML) are essential when processing huge amounts of data, while at the same time trust and explainability have become critical for business leaders. According to Accenture’s 2018 Global Consumer Survey, a lack of trust costs brands $ 2.5 trillion each year. As a result, Forrester predicts there will be more weight towards trustworthy data for AI.
The new Cortex 6 platform bridges these gaps with a user-friendly framework for companies to use data in a secure and transparent manner.
Cortex 6 brings these additional enhancements to market:
- The first low-code development platform for creating AI applications based on zero trust security.
- Targeted approach to solving intelligent automation use cases around business optimization and process automation.
- New tools for designing AI campaigns and missions to track business results.
- Improved governance, trust and transparency in AI solutions
- Example of industry-specific campaigns for quick results – customer loyalty, operational productivity and digital risk management
- Powerful AI engine based on CAMEL, the first AI programming language
The CognitiveScale Cortex platform consists of three products – Cortex I’ve certified, Cortex material and cortex Ready-made application Blueprints – Helping companies operationalize trusted AI from design to production with reliable data and results. Certifai is a model intelligence tool for identifying and assessing black box model risks. It produces the very first AI confidence index (ATX), evaluation models against 4 dimensions: robustness, fairness, explainability and performance. Certifai can be applied to any black box model, including machine learning models, statistical models, business rules, and other predictive models, and works with a wide variety of input data.
The Cortex platform along with the new improvements of Cortex 6 is designed to solve the “last mile” of realizing AI in the enterprise by simplifying the conversion of big data insights and models into actions and the trustworthy AI automated on every cloud platform.
CognitiveScale pioneered the concept of “Trusted AI” and paved the way for the responsible development of Enterprise AI worldwide. Backed by 164 AI patents, the Cortex platform enables data scientists and citizen developers to create, understand and analyze intelligent, transparent and trustworthy AI systems with any data and in any cloud. By making it easier to develop, deploy, and manage AI systems, CognitiveScale is revolutionizing the way companies in various industries – healthcare, financial services, insurance, and digital commerce – interact with customers, optimize services, and bottom line, achieve their goals – all at the same time protect against business risks.
Headquarters in Austin, Texas, CognitiveScale is recognized by the World Economic Forum for its positive impact on business and society through AI with active investments from Norwest Venture Partners, Intel Capital, IBM Watson, M12 (Microsoft Ventures) and USAA. To learn more, visit www.cognitivescale.com and keep following us Linkedin and Twitter at @CognitiveScale.
argodesign is a product design consultancy, a growth partner for entrepreneurs and an incubator for new experiences. Founded in Austin, TX in 2014 and led by renowned design leaders Mark Rolston and Marking gauge, argo approaches technology from a human perspective – where it can add value and how it can positively influence the human experience. His studios in Austin, Amsterdam, and new York consist of experienced designers, experienced technologists, strategic thinkers and passionate doers. To learn more, visit www.argodesign.com.
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