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Ayasdi teams with Deloitte to bring Artificial Intelligence to financial services and healthcare organizations

MENLO PARK, Calif., Oct. 26, 2016 /PRNewswire/ -- Ayasdi, a leading developer of machine intelligence applications, announced today its inclusion as an initial member of Deloitte Catalyst.

Professional services giant Deloitte recently announced the formation of the network of visionary companies working to translate the potential of disruptive technologies into practical business solutions for the firm's clients. As part of Deloitte Catalyst, Ayasdi expects to accelerate the use of its proven artificial intelligence capabilities to solve the most pressing problems of leading financial services and healthcare organizations.

Already, the world's largest banks use Ayasdi for stress testing, risk management, trading optimization and the prevention of financial crime and money laundering. In healthcare, many of the nation's largest and most prestigious health systems use Ayasdi to make fundamental medical breakthroughs, to manage their revenue cycle, to improve population health and to reduce clinical variation, leading to better quality care at lower cost.

"We are excited to work with Deloitte to help organizations around the world transform their businesses with artificial intelligence," said Ayasdi CEO Gurjeet Singh. "Deloitte understands how to apply emerging technologies to meet their clients' needs and we understand how to innovate and anticipate needs they may not yet recognize. It's the perfect marriage of outstanding services with breakthrough technology."

Deloitte Catalyst focuses on the domains of cognitive technologies, Internet of Things and blockchain. Larger companies are paired with proven innovators like Ayasdi to explore business applications related to the domains. Use cases are identified, proofs of concepts and prototypes are developed and pilots are run to evaluate new solutions.

"Deloitte and Ayasdi teaming will speed the global adoption of artificial intelligence," said Daniel Druker, Chief Marketing Officer of Ayasdi. "Together we will help our joint clients leverage AI and big data to make new fundamental discoveries, to revolutionize the productivity of knowledge workers, and to deliver autonomous business processes that will profoundly change the world."

About Ayasdi

Ayasdi helps companies around the world to use artificial intelligence and Big Data to make employees hundreds of times more productive and to drive fundamental breakthroughs that are beyond the capabilities of humans. Our revolutionary machine intelligence platform leverages automation, machine learning and topological data analysis to simplify the extraction of knowledge from even the largest and most complex data sets and to facilitate the deployment of intelligent, AI-based applications across the enterprise. Developed by Stanford computational mathematicians, Ayasdi's unique approach to machine intelligence leverages breakthrough mathematics, highly automated software and inexpensive, scalable computers to revolutionize the process of converting big data into business impact. We are excited to count many of the Global 500, plus leading governments and research institutions as our clients and partners. To learn more, visit www.ayasdi.com or follow us @ayasdi.

Ayasdi helps the world's biggest and most sophisticated organizations change how we all live and work. People who share this passion can view Ayasdi career opportunities here.

About Deloitte

Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including 80 percent of the Fortune 500. Our people work across more than 20 industry sectors to deliver measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to make their most challenging business decisions with confidence, and help lead the way toward a stronger economy and a healthy society. For more information, visit Deloitte's U.S. website at: http://www2.deloitte.com/us/en.html.

As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. Product names mentioned in this document are the trademarks or registered trademarks of their respective owners and are mentioned for identification purposes only.

SOURCE Ayasdi



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