Intel and BCG Announce Collaboration to Deliver Enterprise-Grade, Secure Generative AI
Boston Consulting Group (BCG) and Intel announced a strategic
collaboration to enable generative artificial intelligence (GenAI) using
end-to-end Intel AI hardware and software, bringing fully custom and
proprietary solutions to enterprise clients while keeping private data in the
isolation of their trusted environments.
“Generative AI is an emerging and dynamic space, which means
organizations must pick the right technology to power their GenAI
journey," says Suchi
Srinivasan, a managing director and partner at BCG. "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."
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% of global executives believe
responsible AI
(RAI) should be at the top of management agendas, yet only
25% have comprehensive RAI programs in place.
"Generative
AI requires a truly democratized approach that enables more secure and scalable
choice so enterprises can safely benefit from the technology," says Sandra Rivera,
executive vice president and general manager of the Data Center and AI Group,
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."
Enterprises
also struggle with nascent tools to monitor and manage these GenAI solutions at
scale and integrate them easily into existing enterprise workflows. This
collaboration allows for an out-of-the-box, turnkey enterprise-grade offering
that enables enterprises to meet scaling and life-cycle management requirements
easily and in a more cost-effective manner.
BCG
leveraged Intel's AI supercomputer powered by the complementary advantages of
Intel Xeon Scalable Processors and AI-optimized hardware accelerators (Habana
Gaudi) as well as production-ready hybrid cloud-scale software to power a
domain specific foundation model trained on BCG proprietary data, which
delivers insights based on over 50 years of highly confidential and proprietary
data. In addition, all AI training and inferencing was completed within BCG's
security perimeter.
Together
with a custom natural language chatbot interface powered by Intel AI hardware
and software, BCG employees were able to retrieve and summarize information via
semantic search that was previously buried in long lists of multi-page
documents. Compared with the existing keyword search solutions utilized by BCG
employees, users reported step change improvements of a 41% increase in
satisfaction, 25% growth in result relevancy, and 39% increase in improved work
completion rates using the production-grade GenAI application.
The
joint offering powered by this collaboration is designed to solve diverse
real-world business problems such as employing automated portfolio management
agents for the asset management industry, airline maintenance operations using
proprietary airline data, and more-secure software development agents with
custom confidential codebases.
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