Crisp Bytes of Fall

Welcome to Granica’s November 2024 edition of the Data Foundation. As the leaves turn, we’re bringing you crisp insights across all things Data + AI! ????

1. Granica honored as AI solution of the year ??

We are absolutely ecstatic to share that Granica has been honored with two prestigious awards at the inaugural 2024 A.I. Awards: ‘AI Solution of the Year’ and ‘Best Use of AI in Manufacturing’.

The A.I. Awards, established by The Cloud Awards, celebrate excellence in artificial intelligence and machine learning, drawing entries from organizations worldwide.?

"We've seen firsthand how enhanced data elevates AI performance, safety, and efficiency. This award validates our direction, but we're just getting started." Granica Founder & CEO, Rahul Ponnala

2. Accelerate data transfers, cut costs, and boost availability with Granica Crunch ??

For data platform and ML teams, cross-region data transfers are a major cost driver. Granica Crunch offers a powerful way to minimize these expenses with its data lake compression technology. Here’s how Crunch can make a difference for data platform and ML teams in large, distributed organizations:

• Data Compliance: Move data across regions to comply with data residency requirements, while cutting transfer costs.
• Data Availability & Redundancy: Support backup and disaster recovery demands with smaller, compressed data transfers.?
• Efficient Model Training: Move training data faster and more cost-effectively across regions.?
• Optimized Latency for Multi-Region Apps: Reduce the overhead of delivering data to users globally.?

For more insights, check out our latest cloud cost optimization guide: ‘How To Reduce Cloud Data Transfer Costs’.?

3. Growing data volumes don’t have to break the bank ??

Our Crunch Savings Calculator makes it easy (and a little addictive!) to see how much you could be saving on your cloud data lake storage costs. Just plug in two inputs and watch as your potential savings grow with your data. As management teams and leaders set budgeting plans for the upcoming year, this tool offers a snapshot of how Granica Crunch can make data growth more affordable and sustainable, freeing up funds for innovation and expansion in 2025.?

Ready to see the impact? Try the calculator here!

4. An essential AI readiness guide ??

As AI becomes central to competitive advantage, being “AI-ready” is no longer optional. Gartner’s latest guide provides a roadmap to preparing your organization for successful AI adoption in 2025. Key takeaways include:

1. Data Quality & Access: Prioritize practices that ensure data accuracy and accessibility across teams
2. Scalability of Infrastructure: Prepare systems to handle increased data and processing demands as AI scales
3. Operational AI Governance: Implement frameworks for data privacy, compliance, and bias mitigation
4. Business Alignment: Focus on AI use cases that directly support key business goals?

For a deeper dive, access the full report here - compliments of Granica!?

5. AI & data in climate action ??

As leaders from around the world gather at COP29 to address the climate crisis, AI and data are emerging as powerful tools for impactful decisions. These technologies are transforming how we measure and tackle environmental challenges, enabling greater precision and insight for policymakers, researchers, and companies.?

• Real-Time Emissions Tracking: AI-powered platforms, like the UN’s partnership with Microsoft, track global carbon emissions, helping countries monitor progress towards Paris Agreement targets.?
• Climate Prediction Models: AI enhances climate forecasts for weather patterns, sea levels, and extreme weather, supporting better planning.?
• Sustainable Energy Optimization: AI optimizes renewable energy grids and improves energy storage efficiency, reducing waste and boosting renewable use.?
• Biodiversity and Conservation: AI aids conservation efforts, tracking endangered species and monitoring deforestation with satellite imagery.?

6. Industry news

NVIDIA and SoftBank announce partnership to build Japan’s most powerful AI supercomputer?

• SoftBank will receive the world’s first NVIDIA DGX B200 systems for its new supercomputer
• The companies successfully piloted the world’s first combined AI and 5G telecom network (AI-RAN)
• SoftBank aims to create an AI marketplace for local, secure AI computing using NVIDIA AI Enterprise software

Slack’s Workforce Lab published a survey of over 17,000 desk workers worldwide, revealing insights on AI adoption?

• AI adoption rates showed signs of plateauing or slightly declining after months of steady growth
• Nearly half (48%) of employees would be uncomfortable telling their managers they use AI at work
• 99% of executives surveyed plan to invest in AI this year, despite the cooling employee sentiment?

Cohere for AI, the research division of Cohere, launched a new series of multilingual models called Aya Expanse?

• The models operate in 23 different languages and are available in 8 billion and 32 billion parameter versions
• These models reportedly outperform open-weight models developed by Google, Mistral, and Meta in multilingual capabilities?
• The release aims to enhance accessibility to AI research for scientists globally and deliver cutting-edge multilingual functionalities?

We hope you enjoyed this edition of The Data Foundation. ??

We're hiring and on the hunt for top talent in AI research, ML engineering, and data engineering. Check out our Careers page and apply today! ??

Curious to see our products in action? Sign up for a demo below.??