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Dataiku 11 Unveils Advanced Capabilities to Scale AI

by CXO Staff
June 22, 2022
in News

Dataiku has announced Dataiku 11, a pivotal update of the company’s data science and AI platform that helps organisations to deliver on the promise of Everyday AI

AI artificial intelligence

Dataiku has announced Dataiku 11, a pivotal update of the company’s data science and AI platform that helps organisations to deliver on the promise of Everyday AI. This packed release provides new capabilities for expert teams to deliver more value at scale, enables tech-savvy workers to take on more expansive challenges, helps non-technical workers more easily engage with AI, and provides strengthened AI Governance to ensure projects are robust, transparent, and ready for success at scale.

Clément Stenac, Dataiku
Clément Stenac, Dataiku

Dataiku 11 builds on Dataiku’s recent market momentum, in which the company crossed $150 million in annual recurring revenue and hired tech finance veteran Adam Towns as CFO. The company now serves more than 500 enterprises globally, helping leaders from Boeing to Unilever to speed workflows, prevent customer churn, and improve financial performance.

In Dataiku 11, tech experts can now access expanded tools to do more and deliver more value from AI projects. Release highlights include:

  • Built-in tooling for advanced users that reduces technical overhead and increases day-to-day efficiency when crafting custom code, performing model experiments, or sourcing high-quality datasets.
  • An end-to-end, visual path for computer vision tasks so that advanced and novice data scientists alike can tackle complex object detection and image classification use cases, from data preparation through to developing and deploying deep learning models.
  • A collaborative, managed framework for image annotation removes the need for teams to use outside tools or services for data labeling, ensuring tight alignment between subject matter experts, labelers, and modelers.

“Expert data scientists, data engineers, and ML engineers are some of the most valuable and sought-after jobs today,” said Clément Stenac, CTO and a Co-founder of Dataiku. “Yet all too often, talented data scientists spend most of their time on low-value logistics like setting up and maintaining environments, preparing data, and putting projects into production. With extensive automation built into Dataiku 11, we’re helping companies eliminate the frustrating busywork so companies can make more of their AI investment quickly and ultimately create a culture of AI to transform industries.”

Dataiku 11 also empowers non-coders — including subject matter experts, citizen data scientists, and knowledge workers — with easy-to-use, no-code tools that help any employee harness the power of AI to move the business forward. New tools include:

  • Visual time series forecasting enables professionals to create robust business forecasting models without coding.
  • A centralised feature store and new sharing workflows make it easier for teams to safely reuse work, speeding projects responsibly.
  • Powerful what-if accelerators help teams evaluate the best path to optimise business outcomes. For example, what changes could a manufacturer make to factory conditions in order to achieve the maximum production yield? Or for a bank, what adjustments to a consumer’s financial profile would lead to the lowest predicted probability of their defaulting on a loan?

Dataiku 11 continues the pursuit of Responsible AI practices and AI Governance with new capabilities to help organisations manage trust and risk for their organisation. Core to this expanded offering is a central registry for visibility into all types of data and analytics projects together with final sign-off prior to production.  Automatic flow documentation and proactive model stress testing further strengthen AI models, instilling executive confidence in projects and building trust with data consumers and stakeholders.

Tags: AIDataikuDataiku 11featured2
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