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Despite the advertised benefits of AI, 74% of businesses still in the AI testing phase.
This means that only 26% of enterprises are focused on implementing high-impact AI use cases at scale.
But industry leaders and experts alike call AI adoption and deployment a must – and to help drive this, Nvidia and Deloitte company today announced an expanded alliance at Nvidia’s GTC incident. This new partnership will help Deloitte customers innovate and expand AI and metaverse services.
“AI technology and the metaverse are reshaping the foundations of our economy,” said Jensen Huang, founder and CEO of Nvidia. “Together, Nvidia and Deloitte can help businesses use AI to create new products and services that reinvent their industry.”
AI Transformation: Never Complete
The “privileged partnership” announced today builds on the two-year Deloitte-Nvidia relationship, said Nitin Mittal, Deloitte’s head of AI growth strategy consulting in the US.
Deloitte customers will now have access to the Nvidia AI and Nvidia Omniverse enterprise platforms, thus enabling the development, deployment and deployment of cutting-edge tools such as advanced AI, voice AI, systems referrals, cybersecurity, chatbots and digital twins.
Nvidia DGX The A100 system powered the Deloitte Center for AI Computinglaunching in March 2021. Deloitte’s Reality Unlimited The services also leverage the Nvidia Omniverse Enterprise platform for collaborative 3D design and virtual world simulation, Mittal said, and Deloitte and Nvidia are working together to create hybrid copies of world processes and environments, Mittal said. real world.
Further expanding its commitment to AI, Deloitte has trademarked the phrase Age of With, which the company describes as “a world where humans work with machines to produce great results.” much more”. The AI Institute Deloitte team with technology leaders to help make this future a reality.
“Being an AI-powered organization is understanding that transformation is never complete, but a journey of continuous learning and improvement,” says Mittal.
Automate and enhance processes, detect fraud
For example, by leveraging the capabilities of Deloitte-Nvidia, businesses in the financial services industry are automating debt collection and customer service through chatbots and natural language processing (NLP). , Mittal and Irfan Saif write in one AI Profile.
ML models are estimating the lifetime value of customers and predicting trends and trends in customer acceptance of additional offers by analyzing their real-time and historical data and records. Similarly, text mining and NLP can automate the underwriting process; facial recognition and other AI-based biometric technologies that can process payments; and AI can adjust coverage and rates based on a customer’s past behavior, according to Mittal and Saif.
Meanwhile, when it comes to widespread financial fraud, AI algorithms can identify and analyze risk factors by continuously scanning for clues across multiple data sources such as social media. forums and deep web forums. This could help with transaction fraud and account takeovers in real time and detect suspicious activity that could otherwise be missed by humans, Mittal and Saif wrote.
Mittal and Saif argue: “With AI, financial services companies finally have the opportunity to stay ahead of criminal acts, rather than stay one step behind.”
Widespread access use cases
The Deloitte-Nvidia partnership has also enabled the U.S. Postal Service to leverage AI vision to improve delivery efficiency, Mittal said. Other use cases include customer service interactions and processes, where AI can be used to evolve experiences from “human, to human-machine, and ultimately to machine-machine.” , thereby increasing efficiency and convenience.
Meanwhile, in retail, AI can instantly identify clothing items that fit best by leveraging ML, computer vision, and 3D scanning.
In the healthcare sector, a combination of AI and wearable and non-wearable devices can monitor health, provide real-time feedback and coaching. The self-learning system, Mittal said, applies data from millions of users to enable personalized coaching that “promotes behavior change” and helps manage and prevent chronic disease.
Mittal and Saif write: “It is the future of health and wellness, and with the latest advances in AI (and the rise of devices like smartwatches), it has already begun.
Deloitte and Nvidia have also supported innovations across industries including energy, resources and industrials; government and public services; life sciences and healthcare; and technology, media and telecommunications.
The partnership has enabled autonomous driving technology, which combines onboard sensors and localization technology with AI-based decision models. This can reduce human error and lead to smarter, more informed decisions about steering, braking and navigation, says Mittal.
Deloitte’s extensive portfolio of services will run in the cloud and will be powered by a number of Nvidia products and technologies, including:
Nvidia Omniverse Enterprisea platform that helps build custom 3D pipelines and simulate virtual worlds.
Nvidia Omniverse Avatar Cloud Engine: AI microservices combined with Nvidia Project Tokkio, help build, customize, and deploy interactive service avatars at scale.
Nvidia AI Enterprisea cloud-native data analytics and AI software suite.
Nvidia Rivaa GPU-accelerated SDK for building voice AI applications.
NVIDIA Merlinan open source framework for building recommender systems at scale.
Nvidia Metropolisa developer toolset and partner ecosystem that combines data visualization and AI.
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