Kisaco Research: SigOpt is a Leader in AI Software
27 March 2021 - 2:00AM
Business Wire
What’s New: A new report from analyst firm Kisaco
Research positions SigOpt, an Intel company, as a leader in
artificial intelligence (AI) software acceleration, due to the
quality of its optimization platform, breadth of its market
penetration and strength of its go-to-market strategy. By making
customers’ AI workloads more efficient, SigOpt helps them get the
most out of their hardware investment.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210326005022/en/
A SigOpt engineer works on
next-generation software for deep learning. (Credit: SigOpt)
“SigOpt, an Intel company, achieved an impressive score across
all dimensions of our KLC evaluation to be ranked as Leader.
Customers using SigOpt benefit from productivity gains, faster time
to train, and efficient utilization of compute. In combination,
this empowers modelers to bring more models into production on a
faster timeline, boosting the overall return of AI for
enterprises.” – Michael Azoff, Kisaco Research
What the Study Says: SigOpt is prominent in the machine
learning community for its automated, scalable and high-performing
hyperparameter optimization solution that can be applied to any
parameterized system but is most often used in the context of deep
learning tasks. Kisaco Research says the platform can take
“operational tasks that are time intensive for machine learning and
[make] them easy and seamless, using AI to assist in this task.”
For customers, this means a boost in productivity and the ability
to tune algorithms faster and utilize compute more efficiently.
The report details how two of SigOpt’s Fortune 500 customers,
Two Sigma and an unnamed large global technology consulting firm,
use the advanced features that are only available in its platform
to solve entirely new business problems. In the case of the
consulting firm, SigOpt helped the firm yield productivity gains of
over 30% and projected value of nearly $50 million annually.
Primary SigOpt functionalities are designed to help manage,
optimize and scale AI applications. (See graphic for a
representation of how SigOpt fits into the machine learning
technology stack.)
Why It’s Important: The complexity, size and variety of
AI models is exploding, making it resource-intensive to efficiently
fine-tune models to meet the particular needs of a given project.
SigOpt’s platform eases this burden by introducing a more efficient
approach to model development: integrating best-in-class automation
and productivity tools for model development, including model
artifact tracking, training visualization, and sample-efficient
hyperparameter optimization. For developers, data scientists,
researchers and machine learning engineers, this means a highly
intuitive and efficient modeling experience that ultimately leads
to much better AI results.
SigOpt’s fully hardware and software-agnostic platform also
provides the same user experience throughout – including deep
learning, machine learning, reinforcement learning, or simulations.
When combined with Intel AI hardware and the consistent developer
experience afforded by Intel® oneAPI Toolkits, SigOpt will continue
to offer developers the most efficient way to develop and deploy AI
models. Individuals and enterprises can access the SigOpt platform
by signing up on the SigOpt website.
More Context: Kisaco Leadership Chart on AI software
optimization solutions 2021: SigOpt, an Intel company (report) |
Intel AI | Intel to Acquire SigOpt to Scale AI Productivity and
Performance (News Byte) | Intel AI Software Tools
About Intel
Intel (Nasdaq: INTC) is an industry leader, creating
world-changing technology that enables global progress and enriches
lives. Inspired by Moore’s Law, we continuously work to advance the
design and manufacturing of semiconductors to help address our
customers’ greatest challenges. By embedding intelligence in the
cloud, network, edge and every kind of computing device, we unleash
the potential of data to transform business and society for the
better. To learn more about Intel’s innovations, go to
newsroom.intel.com and intel.com.
© Intel Corporation. Intel, the Intel logo and other Intel marks
are trademarks of Intel Corporation or its subsidiaries. Other
names and brands may be claimed as the property of others.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210326005022/en/
Liz Wu 503-696-2098 liz.wu@intel.com
Intel (NASDAQ:INTC)
Historical Stock Chart
From Apr 2024 to May 2024
Intel (NASDAQ:INTC)
Historical Stock Chart
From May 2023 to May 2024