Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
CognitiveScale announced the release of Cortex Fabric Version 6—a new, low code developer platform for automation, augmentation and transformation of knowledge work and digital experiences.
Cortex 6 helps enterprises create trustworthy AI applications faster, more affordably, and with business outcomes delivered through KPIs based on insights from data, models and actions—all with minimal dependencies on underlying infrastructure. It is superior to existing solutions in that it uses data where it resides, avoiding cloud vendor lock-in and enabling developers to invoke any model developed by any Machine Learning platform with a focus on operationalization.
"Enterprises need to build trust into their AI-driven applications; it's become essential in the market. The consequences of launching unethical or biased applications are prohibitive. At the same time, not making the best use of all the data and insights companies have to differentiate represents an incredible missed opportunity," said Matt Sanchez, CTO, CognitiveScale.
The strength of Cortex 6 is that it provides application developers with a visual framework for implementing a new class of goal-driven, large scale AI applications, called Campaigns. With a focus on tracking and measuring business outcomes, Cortex 6 makes it simple to turn insights from big data into trusted outcomes. Using AI Mission Planner, a web-based developer tool, businesses can meet goals faster and achieve results easier with stronger capabilities around data sourcing and reduced friction points.
AI deployments can be time consuming and often require highly trained expertise. Cortex 6 provides a low-code framework, built to empower citizen developers to implement intelligent systems quickly and safely—within a matter of weeks. By scaling key resources, organizations can realize up to 70% cost reduction to build an AI solution, with rapid prototyping and accelerated deployment resulting in 3x faster value and 60% reduction in TCO for AI solutions.
Empowering in-house business users to build AI models saves significantly on support costs too, while ensuring superior outcomes with trust and transparency built into the AI lifecycle. That is why CognitiveScale partnered with argodesign to architect the Cortex UI.
Jared Ficklin, Chief Creative Technologist of argodesign says, "Cortex 6 enables an entire organization to participate in the deployment of AI, through interfaces that allow a broad set of roles to extend the work of the AI specialists. There are no design conventions here, so we worked closely with CognitiveScale and their customers to invent new types of low-code interfaces that guide an organization through best practices, to remove deployment bottlenecks and increase the value that AI solutions offer."
Cortex 6 is also equipped with a cognitive data layer, powered by the Cortex Intelligent Profile-of-One and a set of Prediction Engines for identifying predictive, proactive, and personalized recommendations, or interventions. Users can now deliver smart interventions at the right time on the right channel, improving efficiencies and enhancing service by sending help where it's truly needed most.
AI has become a competitive imperative for all enterprise companies. Artificial Intelligence and Machine Learning (AI/ML) are essential in the processing of massive volumes of data, while at the same time, trust and explainability have become critical to business leaders.
The new Cortex 6 platform bridges these divides with an easy-to-use framework for enterprises to capitalize on data assets in a safe, transparent way.
Cortex 6 brings these additional enhancements to market:
- The first low-code development platform for building AI applications with Zero-Trust Security as the foundation.
- Goal-driven approach to solving intelligent automation use cases around business optimization and process automation.
- New tooling for designing AI Campaigns & Missions to track business outcomes.
- Improved governance, trust and transparency in AI solutions
- Sample industry specific campaigns for quick results--Customer Engagement, Operational Productivity, and Digital Risk Management
- Powerful AI engine built on CAMEL, the 1st AI programming language
The CognitiveScale Cortex platform consists of three products -- Cortex Certifai, Cortex Fabric and Cortex Pre-built Application Blueprints -- helping businesses operationalize trusted AI from design to production with reliable data and dependable outcomes. Certifai is a model intelligence tool for detecting and scoring black-box model risks. It generates the first-ever AI Trust Index (ATX), rating models against 4 dimensions: Robustness, Fairness, Explainability and Performance. Certifai can be applied to any black-box model including machine learning models, statistical models, business rules, and other predictive models and works with a variety of input data.
The Cortex platform along with new enhancements to Cortex 6 are designed to solve the 'last mile' of realizing AI in the enterprise, making it simple to convert big data insights and models into actions, and by automating trusted AI on any cloud platform.
Industry News
Check Point® Software Technologies Ltd. has been recognized as a Leader and Fast Mover in the latest GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs).
Spectro Cloud, provider of the award-winning Palette Edge™ Kubernetes management platform, announced a new integrated edge in a box solution featuring the Hewlett Packard Enterprise (HPE) ProLiant DL145 Gen11 server to help organizations deploy, secure, and manage demanding applications for diverse edge locations.
Red Hat announced the availability of Red Hat JBoss Enterprise Application Platform (JBoss EAP) 8 on Microsoft Azure.
Launchable by CloudBees is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).
Kong closed a $175 million in up-round Series E financing, with a mix of primary and secondary transactions at a $2 billion valuation.
Tricentis announced that GTCR, a private equity firm, has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and further fueling Tricentis for future growth and innovation.
Check Point® Software Technologies Ltd. announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform.
Sonatype and OpenText are partnering to offer a single integrated solution that combines open-source and custom code security, making finding and fixing vulnerabilities faster than ever.
Red Hat announced an extended collaboration with Microsoft to streamline and scale artificial intelligence (AI) and generative AI (gen AI) deployments in the cloud.
Endor Labs announced that Microsoft has natively integrated its advanced SCA capabilities within Microsoft Defender for Cloud, a Cloud-Native Application Protection Platform (CNAPP).
Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
Securiti announced a new solution - Security for AI Copilots in SaaS apps.
Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.