Friday, September 20, 2024

illumex Named in the 2024 Gartner® Cool Vendors™ in Data Management: GenAI Disrupts Traditional Technologies

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illumex, the generative semantic fabric platform that augments generative AI with business context, announced that it has been named a Cool Vendor in the Gartner report titled, Cool Vendors in Data Management: GenAI Disrupts Traditional Technologies by Nina Showell, Ehtisham Zaidi, and Aaron Rosenbaum.

illumex has been previously recognized in various Gartner reports, including:

The Market Guide for Active Metadata Management (November 2022),
The Adopt a Data Semantics Approach to Drive Business Value report (July 2023)
The Innovation Insight: How Generative AI Is Transforming Data Management Solutions report (January 2024)
Recognized as a Sample Vendor for AI-Ready Data use case in the Hype Cycle™ for Artificial Intelligence, 2024 (June 2024)
And as a Sample Vendor for Generative AI for Data Management use case in the Hype Cycle™ for Data Management, 2024 (July 2024).

Also Read: Cube’s AI-Powered Universal Semantic Layer Unlocks the Value of Trusted Data

illumex’s Generative Semantic Fabric platform addresses a critical challenge in the enterprise AI landscape: enabling transparent and governed data interactions with large language models (LLMs). By automatically constructing AI-ready knowledge graphs mapped to industry ontologies, illumex empowers organizations to unlock the full potential of their enterprise data for generative AI applications.

“We believe, being named a Gartner Cool Vendor validates our innovative approach,” said Inna Tokarev Sela, Founder and CEO of illumex. “Our platform is designed to bridge the gap between enterprise data complexity and the transformative power of generative AI. By providing a turnkey solution that automates the complex process of mapping data semantics and resolving terminological inconsistencies across business silos, we’re enabling organizations to achieve true AI and GenAI readiness.”

According to the report, data management leaders should “Deliver customized, context-aware and more accurate GenAI results by deploying RAG, knowledge graphs and other semantic technologies to leverage your organization’s existing data. Context-aware results are especially helpful for providing concrete guidance to users who engage with data via natural language queries.”

In our opinion, illumex’s platform directly addresses this need by:

Automating the creation of semantically enriched knowledge graphs
Mapping enterprise data to industry-specific ontologies
Enabling more precise and contextual natural language queries
Providing an alternative to RAG that enables transparent and governed data interactions with LLMs

“From our view, our inclusion in this Gartner report is a testament to the hard work and innovation of our team,” added Tokarev Sela. “As we continue to evolve our platform, we remain committed to helping organizations maximize the value of their generative AI investments by providing the semantic foundation necessary for truly transformative enterprise use cases.”

Source: illumex

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