Reltio, provider of the Reltio Self-Learning Data Platform, has announced Reltio Cloud 2018.1, the newest version of its native cloud platform that organizes enterprise data for continuous self-learning. The new release includes the next evolution of Reltio IQ (formerly Reltio Insights) which takes advantage of advanced analytics and machine learning for day-to-day operations and applications. A key feature of Reltio IQ is the ability to derive IQ scores or recommendations for efficient data organization (e.g., data quality) and for business insight (e.g., churn risk), and to embed them back into customer, account or product profiles for easy segmentation and operational execution.
Reltio’s Self-Learning Data Platform gives companies an organized single foundation of reliable data, which can lead to better collaboration, personalized views and guided intelligent recommendations, according to Reltio CEO Manish Sood, adding that siloed data, technologies, and people are holding back many companies from taking full advantage of their data.
Reltio Cloud 2018.1 continues to organize billions of multi-domain profiles, relationships, and interactions at petabyte-scale, and is being used for day-to-day operational activities by thousands of IT and business users globally.
This release includes analytics and machine learning with Reltio IQ leveraging data, organized and consolidated with Reltio Cloud and the Reltio Self-Learning Graph to provide a trusted foundation of reliable data for analytics and machine learning. In addition, an on-demand Apache Spark environment allows data scientists to spend their time tuning algorithms via their tools of choice, rather than aggregating and cleaning data. Reltio IQ thensynchronizes IQ attributes and recommendations back to profiles for use in operational data-driven applications. IQ scores can also be benchmarked anonymously across industry segments to give companies greater insight into where they stand relative to their peers.
According to Ramon Chen, chief product officer at Reltio, overall, artificial intelligence and machine learning haven’t lived up to their hype because people either expect the technologies to replicate the human experience, or they are fearful that that autonomous technologies will take over all human functions. The Reltio Self-Learning Data Platform aims to offer value along the journey, he said, starting with the continuous organization of data into a trusted foundation so customers can see tangible business value in weeks, while positioning themselves to evolve to the full self-learning potential.
Learn more at www.reltio.com.