Issue 12- July Recap
DataArt Dispatch: July Recap

Issue 12- July Recap

Welcome to the July Dispatch! As we enjoy the summer vibes, let's dive into the highlights from this past month and what's on the horizon.

Make sure you're comfortably seated as we unfold the latest and greatest from our team!


?? AI Strategy Consulting Service is Live!

We are excited to introduce DataArt's new AI Strategy Consulting service, crafted to guide businesses through the transformative journey of AI adoption.

"Our goal is to optimize processes, enhance efficiency, and explore new revenue streams through AI," says Yuri Gubin , Chief Innovation Officer at DataArt. "We assist clients in automating routine tasks, deploying predictive maintenance, and utilizing AI tools to free up resources for innovation."

Unlike traditional consultancies, DataArt provides ongoing support throughout the AI transformation journey, addressing change management, data management, infrastructural challenges, and more.

Learn more about our AI Consulting Services.

Advanced AI Strategy Consulting Services

??? Retail Talks AI: Watch our Panel Discussion

Retail and CPG companies are exploring AI, but key questions remain: Are AI solutions effective? What are GenAI's limitations? Who benefits most?

Gain actionable insights from DataArt and Google Cloud experts Yuri Gubin , Denis Baranov , Claudia Fuchs , and Olga Romanova on AI's impact in retail. This webinar cover the effectiveness of AI, its scalability for different business sizes, and the current state of GenAI technology. Key topics include:

?? Assessing AI's performance and its fit for enterprises and startups.

?? Understanding GenAI limitations and their implications for retail.

?? DataArt's showcase of a custom GenAI solution for the fashion industry.

Watch the full recording.

Retail Talks AI

????Successful Data Migration with AWS Cuts Storage Costs by 80%

We are proud to share the successful migration of 30 petabytes (PB) of market data by LSEG (London Stock Exchange Group), in collaboration with Amazon Web Services (AWS) and DataArt.

This achievement showcases the power and efficiency of AWS DataSync in orchestrating large-scale data transfers, as well as DataArt's expertise as a leading AWS partner.

Through this migration, LSEG has realized an impressive 80% reduction in storage costs, marking a significant milestone in its data management strategy.

Read the recent AWS blog post.


?? GenAI Financial Research Solution with AWS

Explore how GenAI can supercharge your financial research with DataArt's SEC Filings Analyzer! Our solution, built on Amazon Web Services (AWS) with Amazon Bedrock, allows you to seamlessly use natural language search to extract insights, create summaries, and analyze sentiment across public company filings retrieved from the SEC EDGAR database.

Unlock the full potential of your data.


??How to Save Costs on AI Development Without Losing Quality

AI is not the future; it is the present. The real question is not whether to adopt AI, but how to do so effectively and strategically.

According to recent research, 97% of companies of all sizes have already recognized the potential of integrating generative AI technologies into their business operations. These companies aim to increase productivity and efficiency, improve customer service, and reduce human error.

Our latest article explores practical strategies for choosing AI solutions.

Benefits of using AI for organizations

?? AI in Clinical Trials: Insights from Industry Experts

AI has the potential to significantly enhance clinical trials by speeding up research and substantially reducing duration. Companies interested in adopting the technology focus on finding seamless ways to integrate it into their operational processes and, more importantly, identifying cases with the highest ROI.

Dan Piekarz , Senior VP of Healthcare & Life Sciences and Andrey Sorokin , AI Expert and Solution Architect explore the transformative impact of AI in our latest blog post.

Read more about the future of Life Sciences.


??? DataArt Achieves Media & Entertainment Expertise in Google Cloud!

We're thrilled to share that we have achieved Media & Entertainment Expertise designation in the NL in Google Cloud's Partner Advantage Program!

This recognition underscores our commitment to delivering top-tier solutions in the media and entertainment industry using Google Cloud's advanced tools and technologies.

A big thank you to our team for their continuous effort in maintaining the highest standards of excellence as a Google Cloud Partner!

Google Cloud Recognition in Media & Entertainment

?? AI-Generated Music and the Ethics of New Revenue Streams

AI has truly revolutionized the music industry, with the generative AI music market valued at $294.5 million in 2023 and projected to reach $3.4213 billion by 2033. The increasing popularity of AI-generated music has sparked discussions on how prepared music companies are to navigate the AI revolution.

The industry’s historical resilience in adapting to new technologies (such as digital streaming) is now under scrutiny as emerging AI technologies present unique challenges and opportunities. One question remains: are we ready?

Russell Karp ???? , Senior VP of Media and Entertainment, explores the industry's unprecedented challenges and ethical dilemmas.

Read the full article here.


?? 27 Years Partnering in Progress

We recently celebrated our 27th anniversary with events around the world!

Another year of making a real impact on people, our work, our communities, our cities, our company, our clients, and the whole world. ??

Thank you for joining us on this great adventure and for contributing to the success and growth of DataArt. ??

Check out our photos for a sneak peek into the celebrations:

Uruguay
Poland
Bulgaria
Georgia
Kazakhstan
India


And that's a wrap on the latest DataArt Dispatch! As always, we look forward to hearing your thoughts and feedback in the comments section.

Stay tuned for more exciting updates and industry-leading innovations in the coming months!

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