Acceleration Economy
  • Home
  • Cloud Wars
  • Analyst Content
    • By Category
      • AI/Hyperautomation
      • Cloud/Cloud Wars
      • Cybersecurity
      • Data
    • By Interest
      • Leadership
      • Office of the CFO
      • Partners Ecosystem
      • Sustainability
    • By Industry
      • Financial Services
      • Healthcare
      • Manufacturing
      • Retail
    • By Type
      • Courses
        • Understanding the New Executive Buying Committee
      • Guidebooks
      • Digital Summits
      • Practitioner Roundtables
    • By Language
      • Español
  • Vendor Shortlists
    • All Vendors
    • AI/Hyperautomation
    • Cloud
    • Cybersecurity
    • Data
  • What we do
    • Advisory Services
    • Marketing Services
    • Event Services
  • Who we are
    • About Us
    • Practitioner Analysts
  • Subscribe
Twitter Instagram
  • Courses
  • Summit NA
  • Dynamics Communities
Twitter LinkedIn
Acceleration Economy
  • Home
  • Cloud Wars
  • Analyst Content
        • By Category
          • AI/Hyperautomation
          • Cloud/Cloud Wars
          • CybersecurityThe practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks.
          • Data
        • By Interest
          • Leadership
          • Office of the CFO
          • Partners Ecosystem
          • Sustainability
        • By Industry
          • Financial Services
          • Healthcare
          • Manufacturing
          • Retail
        • By Type
          • Courses
            • Understanding the New Executive Buying Committee
          • Guidebooks
          • Digital Summits
          • Practitioner Roundtables
        • By Language
          • Español
  • Vendor Shortlists
    • All Vendors
    • AI/Hyperautomation
    • Cloud
    • Cybersecurity
    • Data
  • What we do
    • Advisory Services
    • Marketing Services
    • Event Services
  • Who we are
    • About Us
    • Practitioner Analysts
  • Subscribe
    • Login / Register
Acceleration Economy
    • Login / Register
Home » Dataiku’s Responsible AI Drives Transformative Business Impact
AI/Hyperautomation

Dataiku’s Responsible AI Drives Transformative Business Impact

An Enterprise AI Impact Series
Aaron BackBy Aaron BackNovember 9, 2021Updated:April 13, 20234 Mins Read
Facebook Twitter LinkedIn Email
To adjust the volume hover the cursor over the volume bar
Share
Facebook Twitter LinkedIn Email

The context and purpose behind this series: “The 17 Companies Reshaping the Landscape of Enterprise AI“.


Who They Are

Dataiku is the platform democratizing access to data and enabling enterprises to build their own path to AI.

Dataiku was started by Florian Douetteau, Clément Stenac, Thomas Cabrol, and Marc Batty back in 2013. It was founded on the principle that in order to succeed in the world’s rapidly evolving ecosystem, companies — no matter what their industry or size — must use data to continuously innovate.

Today, more than “450 companies worldwide use Dataiku to systemize their use of data and AI”. Investors noticed the growth and commitment to responsible AI which led to $400 million being raised in August 2021.

What They Do With Responsible AI

The Dataiku platform is considered an “all-in-one data science and machine-learning platform”. Its suite of capabilities is targeted at Business Experts, Tech Experts, and Enterprise Leaders. Dataiku’s targeted approach directly impacts a broad range of personas:

  • Marketing Analysts, Financial Analysts, Quality Analysts, and Operational Analysts can leverage the Dataiku for Business Experts.
  • Data Scientists, Data Engineers, Software Engineers, and Data Architects can utilize the Dataiku for Tech Experts.
  • Head of Analytics, CDO’s, Security & Compliance, and Head of Automation individuals can increase productivity with Dataiku for Enterprise Leaders.

Additionally, Dataiku believes in “making Enterprise AI and organizational asset.” All levels of the company can be successful by scaling and employing a robust data methodology.

Florian Douetteau, CEO of Dataiku

I believe that when it comes to AI technology, software vendors have a responsibility here too. AI technologies should make it costly to not see bias or other problems in AI systems. Human responsibility should be explicit, and software systems should prompt this change.

Florian Douetteau, Dataiku CEO: What It Will Take to Make AI Likable?

Most Unique / Impactful AI Application

Organizations face the challenge of turning data into actionable and intelligent insights. Data becomes extremely siloed across the company infrastructure.

The Analytic Apps with Dataiku provides a What-if Analysis feature which allows “data scientists and analysts to check different input scenarios and publish the what-if analysis for business users“. The dashboards allow business users and project stakeholders can easily see the outputs of AI projects and track KPIs and value.

Dataiku What-if Analysis

Who They Have Impacted

Standard Chartered Bank faced a challenge when trying to modernize and streamline its analytical process to build collective intelligence.

Business operations were spread across two account structures, two currencies, 150 countries, and 1,000 cost centers. As a result, outdated spreadsheets hit a maximum limit of 10 million rows of data. Further, business teams were extremely limited in their data scope to only very basic account structures and three months of data.

In order to gain the insights needed, Standard Bank realized that the volume data would quickly escalate from 10 million rows to 400 million rows of data. And, to add to the frustrations, Standard Charter had a robust data warehouse that no one was using. It included terabyte-level compute that costs them over a million dollars and was only being used 3% capacity.

Dataiku collaborated with Standard Charter to tackle these issues. This collaboration resulted in:

  • 2 people armed the Dataiku applications are now doing the work of about 70 people limited to spreadsheets were able to do.
  • Identifying the opportunity to turn 2,500 effort hours down to 10 minutes using future innovation in data and process acceleration.

Closing Thoughts

Managing data with AI optimization is not a simple “one and done” project. To this point, establishing a Center of Excellence will provide long-term value and sustainability in data and AI investments. Your company’s success relies on strong data insights backed by a secure and scalable infrastructure.

Keep in mind, people are the backbone of any AI effort to drive decisions, organizational vision, and, most importantly, collaboration across the enterprise. Without the collective knowledge and cohesiveness of finance, operations, technology, and lines of business, any established harmony would splinter into chaos.

Additional Resources

  • https://techjury.net/blog/big-data-statistics/
  • https://blog.dataiku.com/2014/08/07/pronouncing-dataiku
  • https://www.dataiku.com/stories/dataiku-investors/
  • https://www.dataiku.com/stories/establishing-responsible-ai-for-a-sustainable-data-future/

Interested in Dataiku?

Schedule a discovery meeting to see if we can help achieve your goals

Connect With Us

Book a Demo

Artificial Intelligence Dataiku Enterprise AI Battleground Enterprise AI Impact Machine Learning News Desk
Share. Facebook Twitter LinkedIn Email
Co-Founderuser

Aaron Back

Chief Content Officer & Founding Analyst
Acceleration Economy

Areas of Expertise
  • AI/ML
  • Automation
  • Business Apps
  • Cloud
  • Cybersecurity
  • Data
  • Digital Business
  • IT Strategy
  • Low Code/No Code
  • Website
  • Twitter
  • LinkedIn

Aaron Back (Bearded Analyst), Chief Content Officer for Acceleration Economy, focuses on empowering individuals and organizations with the information they need to make crucial decisions. He surfaces practical insights through podcasts, news desk interviews, analysis reports, and more to equip you with what you need to #competefast in the acceleration economy. | 🎧 Love listening to podcasts wherever you go? Then check out my "Back @ IT" podcast and listen wherever you get your podcasts delivered: https://back-at-it.simplecast.com #wdfa

  Contact Aaron Back ...

Related Posts

How the Rise of Deepfakes and New Technology Challenge Traditional Cybersecurity

June 2, 2023

How to Make AI Explainable and Unlock Synergy With Humans

June 2, 2023

How Vanenburg’s Innovation Focus Eases Application Development for Customers

June 2, 2023

How Microsoft Dynamics 365 Copilot Transforms Workflows With AI

June 2, 2023
Add A Comment

Leave A Reply Cancel Reply

You must be logged in to post a comment.

Recent Posts
  • How the Rise of Deepfakes and New Technology Challenge Traditional Cybersecurity
  • How to Make AI Explainable and Unlock Synergy With Humans
  • How Microsoft Executed an Epic Pivot: Embracing OpenAI Alongside Internal Dev
  • How Vanenburg’s Innovation Focus Eases Application Development for Customers
  • How UiPath, Peraton Partner To Deliver Automation Benefits To Government Customers

  • 3X a week
  • Analyst Videos, Articles & Playlists
  • Exclusive Digital Business Content
This field is for validation purposes and should be left unchanged.
Most Popular Guidebooks

The Ethical and Workforce Impacts of Generative AI

May 26, 2023

Co-Creation and Growth With Professional Services

May 24, 2023

The Business Impact and Opportunity of Generative AI

May 16, 2023

Healthcare Industry Clouds

May 10, 2023

Advertisement
Acceleration Economy
Twitter LinkedIn
  • Home
  • About Us
  • Privacy Policy
  • Get In Touch
  • Advertising Opportunities
  • Do not sell my information
© 2023 Acceleration Economy.

Type above and press Enter to search. Press Esc to cancel.

  • Login
Forgot Password?

Connect with

Login with Google Login with Windowslive

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.