Accenture Invests in Stardog to Help Companies Optimize their Data Insights and Value
10 Maio 2023 - 8:59AM
Business Wire
Accenture (NYSE: ACN) has made a strategic investment, through
Accenture Ventures, in Stardog, a leading enterprise knowledge
graph platform enabling organizations to do more with, and achieve
greater value from, their data in this age of generative artificial
intelligence (AI).
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Accenture has made a strategic
investment, through Accenture Ventures, in Stardog, a leading
enterprise knowledge graph platform enabling organizations to do
more with, and achieve greater value from, their data in this age
of generative artificial intelligence (AI). (Graphic: Business
Wire)
Stardog Enterprise Knowledge Graphs, with their ability to make
real-world context machine-understandable, are used by companies to
facilitate better enterprise data integration and unification.
Instead of integrating data by combining tables, data is unified
using a knowledge graph’s ability to endlessly link concepts —
without changing the underlying data. This ability to unify data
serves to connect data silos and produces a flexible data layer
across the entire enterprise.
Generative AI and the Large Language Models (LLMs) that underpin
the technology have captured global interest and excitement for
their ability to instantly retrieve comprehensive answers to users’
questions. A knowledge graph coupled with a fine-tuned LLM enables
users to ask questions and draw information contextualized with the
user’s domain and data. This functionality benefits users who want
to explore data their own way, while also giving enterprise
engineering teams the ability to extract structured data
efficiently and meaningfully from documents.
“For most large enterprises, the real value of generative AI
will come from customizing and fine-tuning large language models
and using their own collected data to address their unique business
needs,” said Tom Lounibos, managing director, Accenture Ventures.
“Foundation models need vast amounts of curated data to learn and
that makes solving the data challenge an urgent priority for every
business. This is precisely where Stardog’s Enterprise Knowledge
Graphs can make a difference by helping organizations unify and
optimize their data for this new era of generative AI.”
According to Accenture research, 97% of global executives agree
that foundation models will enable connections across data types,
revolutionizing where and how AI is used. Nearly all (98%) business
leaders agree AI foundation models will play an important role in
their organization’s strategies over the next three to five
years.
”Stardog’s knowledge graphs help organizations use, interact
with, and unlock more valuable insights from their data by enabling
them to have highly customized and contextualized conversations
with data from across the enterprise,” notes Teresa Tung, chief
technologist at Accenture Cloud First. “They provide organizations
with a programmatic framework that essentially acts as a data
interpreter, translating data into more meaningful inputs.”
Stardog is the latest startup to join Accenture Venture’s
Project Spotlight, an engagement and investment program that
targets emerging technology companies that can help fill strategic
innovation gaps for the Global 2000. In addition to capital
investments, Accenture Venture’s Project Spotlight offers
unprecedented access to Accenture’s technology domain expertise and
its enterprise clients. Technology companies co-innovate with
Accenture at its Innovation Hubs, Labs and Liquid Studios, working
with subject matter experts to adapt their solutions to the
enterprise market and scale faster and more effectively.
“Organizations today need to adopt a semantic approach to their
enterprise data; otherwise, they will face an endless battle with
data silos and data sprawl,” said Kendall Clark, co-founder and CEO
of Stardog. “Our technology makes it easier for organizations to
create and use a semantic layer for enterprise data analytics,
which in turn can accelerate their strategic data integration
efforts and enhance the productivity of their data engineers and
data scientists. We look forward to helping Accenture clients
achieve their data unification goals so they can take advantage of
generative AI advancements and make knowledge-informed decisions
faster."
About Accenture
Accenture is a leading global professional services company that
helps the world’s leading businesses, governments and other
organizations build their digital core, optimize their operations,
accelerate revenue growth and enhance citizen services—creating
tangible value at speed and scale. We are a talent and innovation
led company with 738,000 people serving clients in more than 120
countries. Technology is at the core of change today, and we are
one of the world’s leaders in helping drive that change, with
strong ecosystem relationships. We combine our strength in
technology with unmatched industry experience, functional expertise
and global delivery capability. We are uniquely able to deliver
tangible outcomes because of our broad range of services, solutions
and assets across Strategy & Consulting, Technology,
Operations, Industry X and Accenture Song. These capabilities,
together with our culture of shared success and commitment to
creating 360° value, enable us to help our clients succeed and
build trusted, lasting relationships. We measure our success by the
360° value we create for our clients, each other, our shareholders,
partners and communities. Visit us at www.accenture.com
About Stardog
Stardog is the ultimate semantic data layer to get better
insight faster. Organizations like Boehringer Ingelheim, Schneider
Electric, and NASA rely on the Stardog Enterprise Knowledge Graph
platform to accelerate insights from data lakes, data warehouses,
or any enterprise data source. For more information, visit
www.stardog.com.
Copyright © 2023 Accenture. All rights reserved. Accenture and
its logo are registered trademarks of Accenture.
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Julie Bennink Accenture +1 312 693 7301
julie.l.bennink@accenture.com
Accenture (NYSE:ACN)
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