DataRobot unveils new AI Cloud product for enterprise sector

In September, DataRobot announced the DataRobot AI Cloud as a unified platform to enhance the delivery of AI to production. The new end-to-end solutions provides enterprises with the ability to implement AI, enabling them to streamline operations, accelerate growth opportunities, solve challenges, and manage risk as they deliver services.

AI Cloud for Industries is currently available for enterprises in the banking, retail, manufacturing, and healthcare spaces. It is looking to expand to energy, life sciences, government, insurance, telecommunications, and media organisations.

DataRobot said that the solution can help banking accelerate the impact of AI for cases such as fraud detection and prevention, marketing and acquisition, client satisfaction and retention, and credit risk management. In healthcare, it can help organisations optimise patient care to prioritise the most critical cases, forecast staffing, and operational needs. Also, for manufacturing and retail, DataRobot can help with quality assurance, supply chain and inventory forecasting, and preventative maintenance.

Ritu Jyoti, group VP for worldwide artificial intelligence and automation research at IDC said: “DataRobot AI Cloud for Industries means that all industries now have an end-to-end platform to meet their industry-specific AI needs, from healthcare companies working to improve clinical outcomes to retailers innovating the shopping experience.”

Adding, “This comprehensive set of offerings couples with solution accelerators, decision intelligence frameworks, and training programs uniquely positions DataRobot as a solution for industries.”

A few months ago, DataRobot raised $300 million in funding, with a valuation of $6.3 billion (post-money).