Meet Lucd, the platform that develops pioneering capabilities in AI, Big Data, Data Fusion and Machine Learning. Lucd fundamentally believes that businesses can serve all of us better by responsibly getting more efficient at capturing, securing, and harnessing data and has made this a key capability for the Lucd platform. With Lucd there isa great opportunity to provide newer and better products and services, newer and better customer interactions, and newer and better ways of doing business. Lucd is all about turning data into Enterprise AI business outcomes.
Lucd will be joining RE•WORK at the Deep Learning Summit in Boston this May 24 - 25, and we spoke with them in the run-up to the event to find out more information.
In order for businesses to go beyond being consumers of AI, they need to incorporate AI capability into their Enterprise. It is more important for developers & IT managers to build a capability to leverage AI as part of their differentiated business initiatives. Specifically, businesses need to leverage data and leverage models that enable their unique potential. They must have an Enterprise AI capability in order to do this.
There are a lot of challenges but the biggest challenge is data management. Business data (both internal and external) is not nearly as clean and orderly as pulling from ImageNet. Also, the risk of improperly using data is much higher. Businesses cannot afford bias to creep into models from biased data, they cannot misuse data for one model that could have been perfectly OK to use for another business purpose. AI libraries and models are becoming more and more obtainable for businesses but they can only be leveraged within a data management environment that meets business needs.
All businesses need to continuously optimize and, therefore, yes, implement AI technologies that deliver that improvement. Importantly though, Businesses need to think of AI when envisioning new opportunities and to support top line growth. AI offers technology to support new and better ways to serve customers with products and services, interactions, and ways of doing business. In addition to optimization, doing new and better things enabled by AI offers all businesses great opportunities.
Our focus is turning data into positive business AI outcomes and we are eating our own “dog food”. We leverage our platform to better our customer interactions by ingesting data about our own activity and what of that activity better serves our customers. We are bettering our product through leveraging open models.
We have engineered our product to be open. We believe that businesses will have better AI outcomes when they can leverage any potential innovation that they have available to them. That may be an internally developed model or something someone published on GitHub. Our platform supports this. Recent advances in Transfer Learning and techniques and knowledge on leveraging Transfer Learning helps businesses avail themselves to open initiatives throughout the AI community and our platform enables that.
The media hype around AI is the biggest challenge. The potential future is distracting business executives from the very real and tangible opportunities that business has to capture, secure, and harness their data through the use of what AI has to offer now.
The two biggest skills needed are 1) an excitement and willingness to learn about what AI and machine learning is and what can be done today and 2) a willingness to get started and get your hands dirty by leveraging platforms and understanding the art of the possible of AI by actually trying things. There are so many great initiatives going on throughout the industry that if a business leader or business team has 1) and 2) above, they can do great things.
All industries have well defined AI use cases. We are most excited about more businesses adopting the capabilities to leverage AI that is unique to them with data that is relevant to them, so that more businesses are able to provide us better products and services.