SAS, a worldwide information and AI (synthetic intelligence) firm, has acquired the software program property of Hazy, an artificial information know-how firm. The acquisition goals to reinforce SAS’ AI and information administration portfolio by equipping companies with artificial information technology capabilities to handle the rising demand for AI options.
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Artificial Knowledge Powers AI and Analytics
“This transfer positions SAS on the forefront of knowledge innovation, enabling extra sturdy and safe AI functions, with future integration alternatives with SAS Viya. By integrating Hazy’s artificial information capabilities, SAS will empower prospects to innovate and conduct deep analysis, overcoming challenges associated to information availability, entry or high quality,” SAS mentioned in a launch this week.
“Our acquisition of Hazy’s IP represents a pivotal step in our dedication to innovation within the subsequent technology of knowledge administration and AI,” mentioned Jim Goodnight, CEO of SAS. “Hazy is a pioneer in bringing artificial information to market as a viable enterprise product, and analysts rank it among the many prime software program suppliers in its class. By integrating their know-how, we are able to supply our prospects unparalleled alternatives to harness information safely and successfully, enabling them to experiment and mannequin situations that had been beforehand out of attain and achieve a aggressive benefit.”
Artificial Knowledge Adoption by 2026
In keeping with the SAS, Artificial information, which mirrors the statistical patterns of actual information with out exposing personal, identifiable or restricted info, mitigates dangers related to actual information and enhances the scope of knowledge obtainable for analytics and AI.
Bryan Harris, Chief Expertise Officer of SAS, added, “Analysts predict that by 2026, 75 p.c of companies will use generative AI to create artificial buyer information, up from lower than 5 p.c in 2023. For SAS prospects, this marks a strategic leap, solidifying SAS’ management in AI and analytics. With artificial information, prospects can innovate and analysis extra deeply, accessing information that was beforehand out of attain attributable to availability, entry or high quality points.”
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SAS Knowledge Maker to Deal with Knowledge Challenges
SAS famous that integrating Hazy’s know-how builds on its earlier announcement of SAS Knowledge Maker in early 2024. SAS Knowledge Maker addresses information challenges by producing artificial information that statistically represents authentic information units with out compromising privateness, whereas simplifying processes and decreasing useful resource use.
The mixing of Hazy’s know-how into SAS Knowledge Maker will allow companies to innovate quicker, save prices, and develop reliable AI programs. SAS says the improved information options ensuing from this acquisition might be obtainable globally, with an preliminary preview anticipated in early 2025.
What’s Artificial Knowledge?
Artificial information is artificially generated information that mimics real-world information. It’s created utilizing algorithms to copy the statistical properties and patterns of actual information with out containing any precise private info.
