While artificial intelligence (AI) is helping many businesses get significant value from their data and enabling better fraud prevention and improved workflows, many companies have had trouble in getting the AI to their data. According to recent research commissioned by IBM and carried out by Morning Consult, 90 percent of respondents said that being able to build and run AI projects wherever their data resides is important. Unfortunately, this isn’t always easy, and it means that many companies are only catching fraud after it occurs.
“In today’s digital economy, data offers tremendous opportunities for harvesting value,” wrote Christian Jacobi and Elpida Tzortzatos in an IBM blog post. “Yet extracting insight from real time enterprise transactions can present an elusive goal. Running deep learning models on high volume transactional data is difficult to attain with off-platform based inference solutions, as latency, variability and security concerns can make them impractical in response-time sensitive applications. IBM is addressing this challenge through recent innovations in system and microprocessor design.”
The recent innovation comes in the form of IBM’s new Telum Processor, which was designed to bring AI capabilities to enterprise workloads to help address fraud in real-time. IBM Telum is designed to enable applications to run efficiently where the data resides, helping to overcome traditional enterprise AI approaches that tend to require significant memory and data movement capabilities to handle inferencing, according to the company.
In the case of the Telum Processor, the accelerator in close proximity to mission-critical data and applications means that enterprises can conduct high volume inferencing for real time sensitive transactions without invoking off platform AI solutions, which may impact performance. Clients can also build and train AI models off-platform, deploy and infer on a Telum-enabled IBM system for analysis.
To learn more about AI and its place in the future of work, plan on attending the Future of Work Expo in Fort Lauderdale, Florida from February 8-11, 2022. For more information and to register, visit www.futureofworkexpo.com.
Future of Work Contributor
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