Intel and Boston Consulting Group join hands to deliver enterprise-grade generative AI
Digital Edge Bureau 12 May, 2023 0 comment(s)Intel Corporation and Boston Consulting Group (BCG) have struck a strategic collaboration to enable generative artificial intelligence (GenAI) using end-to-end Intel AI hardware and software. The GenAI solution delivers fully custom and proprietary solutions to enterprise clients while keeping private data in the isolation of their trusted environments.
BCG leveraged Intel’s AI supercomputer powered by Intel Xeon Scalable processors and AI-optimized Habana Gaudi hardware accelerators, as well as production-ready hybrid cloud-scale software. The Intel system powers BCG’s GenAI model that delivers insights based on over 50 years’ worth of highly confidential and proprietary data. In addition, all AI training and inferencing was completed within BCG’s security perimeter.
“Generative AI requires a truly democratized approach that enables more secure and scalable choice so enterprises can safely benefit from the technology,” said Sandra Rivera, Executive VP & General Manager of the Data Center and AI Group at Intel. “Our collaboration with BCG allows us to help customers build generative AI applications that require technology optimized across the entire stack completely inside their chosen security perimeter,” added Rivera.
Suchi Srinivasan, Managing Director and Partner at BCG, viewed, “Generative AI is an emerging and dynamic space, which means organizations must pick the right technology to power their GenAI journey. “The technology must be enterprise-grade from day one and allow for privacy, security, ease of use, and scalability. Our collaboration with Intel will enable enterprises to develop competitive advantages via custom GenAI solutions while thoughtfully navigating the people, process, and policy changes required to derive the maximum value from these transformative solutions,” elaborated Srinivasan.
The ability to scale AI applications throughout the enterprise continues to challenge businesses across industries. While the new wave of GenAI capabilities has the potential to transform entire industries and create long-term competitive advantage, a barrier to enterprise adoption is the inherent risks associated with data privacy and security. At the root of this collaboration is embedded security to better safeguard data both today and in the future. According to joint research by BCG and MIT Sloan Management Review, 84 percent of global executives believe responsible AI (RAI) should be at the top of management agendas, yet only 25 percent have comprehensive RAI programs in place.