By Duncan MacRae | April 17, 2024
Categories: Applications, Artificial Intelligence, Chatbots, Companies, Development, Education, Energy, Enterprise, Entertainment & Retail, Face Recognition, Finance, Gaming, Healthcare, Industries, Logistics, Manufacturing, Military, Space, Telecoms, Virtual Assistants, Voice Recognition
Duncan is an award-winning editor with more than 20 years of experience in journalism. Having launched his tech journalism career as editor of Arabian Computer News in Dubai, he has since edited an array of tech and digital marketing publications, including Computer Business Review, TechWeekEurope, Figaro Digital, Digit, and Marketing Gazette.
SAS Revolutionizes AI Adoption with Industry-Specific Models
SAS, a specialist in data and AI solutions, has unveiled what it describes as a ‘game-changing approach’ for organisations to tackle business challenges head-on. The company aims to equip organisations with readily deployable AI technology to productionise real-world use cases with unparalleled efficiency.
A Game-Changing Approach to AI Adoption
Chandana Gopal, research director, Future of Intelligence, IDC, said: "SAS is evolving its portfolio to meet wider user needs and capture market share with innovative new offerings."
The area that SAS is focusing on is productising models built on SAS’ core assets, talent, and IP from its wealth of experience working with customers to solve industry problems. In today’s market, the consumption of models is primarily focused on large language models (LLMs) for generative AI.
Moving Beyond LLMs
However, in reality, LLMs are a very small part of the modelling needs of real-world production deployments of AI and decision making for businesses. With the new offering, SAS is moving beyond LLMs and delivering industry-proven deterministic AI models for industries that span use cases such as:
- Fraud detection
- Supply chain optimization
- Entity management
- Document conversation
- Healthcare payment integrity
These industry-specific models are engineered for quick integration, enabling organisations to operationalise trustworthy AI technology and accelerate the realisation of tangible benefits and trusted results.
Breaking Down Barriers to AI Adoption
Unlike traditional AI implementations that can be cumbersome and time-consuming, SAS’ industry-specific models are designed to overcome common barriers to AI adoption. These include:
- Skills shortages: Organisations are facing pressure to compete effectively and are looking to AI to gain an edge. However, staffing data science teams has never been more challenging due to AI skills shortages.
- Agility: Businesses require flexible AI solutions to quickly drive business outcomes.
Expanding Market Footprint
SAS’ easy-to-use, yet powerful models tuned for the enterprise enable organisations to benefit from a half-century of SAS’ leadership across industries. The company’s commitment to expanding its market footprint is evident in its $1 billion investment in AI-powered industry solutions.
A Billion-Dollar Bet on AI-Powered Industry Solutions
As outlined in the May 2023 announcement, the investment in AI builds on SAS’ decades-long focus on providing packaged solutions to address industry challenges in banking, government, healthcare, and more. Udo Sglavo, VP for AI and Analytics, SAS, said: "Models are the perfect complement to our existing solutions and SAS Viya platform offerings and cater to diverse business needs across various audiences, ensuring that innovation reaches every corner of our ecosystem."
Bringing AI to the Masses
SAS is democratising AI by offering out-of-the-box, lightweight AI models – making AI accessible regardless of skill set. The company is starting with an AI assistant for warehouse space optimisation, leveraging technology like large language models.
These assistants cater to non-technical users, translating interactions into optimised workflows seamlessly and aiding in faster planning decisions. Sgvalo said: "SAS Models provide organisations with flexible, timely and accessible AI that aligns with industry challenges."
Whether you’re embarking on your AI journey or seeking to accelerate the expansion of AI across your enterprise, SAS offers unparalleled depth and breadth in addressing your business’s unique needs.
The Future of AI Adoption
The first SAS Models are expected to be generally available later this year. With its commitment to expanding its market footprint and making AI accessible regardless of skill set, SAS is poised to revolutionise the way organisations approach AI adoption.
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- SAS Unveils New AI-Powered Industry Solutions: Learn more about SAS’ commitment to expanding its market footprint.
- The Future of AI Adoption: Trends to Watch in 2024: Stay ahead of the curve with our expert insights on the future of AI adoption.
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