Accern, a leading provider of no-code Generative AI for Financial Services, has recently been recognized as a Sample Vendor in two of Gartner’s prestigious 2023 Hype Cycles: Hype Cycle for Data Science and Machine Learning, 2023, and Hype Cycle for Emerging Technologies in Banking, 2023. Accern’s Adaptive Machine Learning (ML) capabilities have been specifically acknowledged for their transformative impact on industries that heavily rely on data, such as banking.
The inclusion of Accern in Gartner’s Hype Cycles is a testament to their innovative approach and the value they provide to their customers. Adaptive ML, a pivotal innovation in the data analytics landscape, enables businesses to adapt to evolving data without the need for a complete overhaul of their existing models. This evolution ensures that systems remain resilient even in the face of significant disruptions.
Adaptive ML offers several benefits that can be realized by businesses. Firstly, it brings AI closer to self-learning, allowing for faster responses to changes and outpacing traditional static models. This evolution ensures that systems remain resilient even in the face of significant disruptions. Secondly, Adaptive ML is most valuable in dynamic settings, where it can fine-tune models post-deployment, impacting sectors such as cybersecurity, fraud detection, and smart robotics. Lastly, in our fast-paced society, Adaptive ML provides real-time data processing and decision-making, extends model accuracy, and reduces the need for frequent model retraining.
Accern’s offerings, powered by Adaptive ML, equip financial and banking institutions with the tools to make sharper decisions, optimize operations, and enhance customer engagement. The self-evolving nature of Adaptive ML allows for tailored AI functionalities at both the business and user scales, making it indispensable across various domains such as customer retention, gaming, counter-terrorism, fraud detection, cybersecurity, conversational bots, and advanced robotics.
Accern’s recognition in Gartner’s Hype Cycles is a result of their strong technology capabilities, market presence, and the value they provide to their customers. The companies featured in the Hype Cycles are considered leaders in emerging technologies and have the potential to transform their respective industries in the coming years.
Accern’s mission has always been to push the boundaries of what’s possible in data science, and their recognition in the Hype Cycles validates the transformative impact of Adaptive ML in data-rich and insight-driven industries like banking. Kumesh Aroomoogan, co-founder and CEO of Accern, expressed his honor and excitement regarding the recognition, emphasizing the hard work of the Accern team and their ongoing commitment to innovation.
Adaptive ML is revolutionizing the data analytics landscape, allowing businesses to adapt and thrive in today’s rapidly changing business environment. Accern’s inclusion in Gartner’s Hype Cycles further solidifies their position as a leader in the field and their potential to shape the future of the financial services industry.
About Accern:
Accern is a leading no-code generative AI platform built exclusively for the financial services sector. Their platform enables organizations to categorize, extract, summarize, and analyze all types of unstructured content, including news, reports, documents, text files, and call transcripts. Accern’s platform is trusted by some of the world’s leading financial institutions, including Mizuho Bank, UniCredit Bank, William Blair, Interactive Brokers, and Standard Bank, to build and deploy AI solutions at scale.
For more information about Accern and their innovative AI solutions, please visit accern.com.
