MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Granica, a leading AI data readiness platform, has been announced as a winner in The 2024 A.I. Awards program in two categories: ‘AI Solution of the Year’ and ‘Best Use of AI in Manufacturing’.
A new awards program launched earlier this year by established cloud computing awards body The Cloud Awards, The A.I. Awards recognizes and rewards excellence and innovation in the use or development of cloud artificial intelligence technologies, and machine learning.
The 2024 program featured a wide range of categories and received entries from organizations of all sizes worldwide, including North America, across Europe, the Middle East, and APAC.
CEO of The Cloud Awards, James Williams, said: “There has been great anticipation leading up to the launch of the new A.I. Awards program, and the winners selected by our judging panel have not disappointed. We’ve been excited and inspired by the quality of innovations on show throughout the program, and we’re delighted to reveal 2024’s winners.
“All of our winners have shown a remarkable level of ingenuity and dedication towards harnessing cloud AI to improve processes and outcomes for organizations across the world. Granica fully embodies these attributes and are a worthy winner. We congratulate both them, and the other winners, and are excited to see what new innovations are in store for 2025 and beyond.”
Rahul Ponnala, CEO and co-founder of Granica, said: “We are honored and delighted to be declared the winner of the ‘AI Solution of the Year’ and ‘Best use of AI in Manufacturing` categories in The 2024 A.I. Awards. Winning this award is a wonderful reward for our team’s hard work and dedication to driving our mission to make AI safe, effective, and efficient. I’d like to thank them, and our customers, investors, and partners for helping to make this possible, and offer our congratulations to our fellow winners across the other categories.”
Resources
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About Granica
The Granica AI Data Readiness Platform helps data engineers and data platform leaders build AI-ready data in support of their AI, ML and analytics consumers. Armed with AI-ready data, these teams can improve their models, control their costs, and preserve privacy. Granica makes AI safe, effective and efficient by optimizing the data sets used to train and fine-tune LLMs and other AI models, as well as optimizing data used during inference and RAG. Granica makes tabular and NLP training data more efficient by optimizing the compression of cloud data lakehouse files such as Apache Parquet to lower storage cost by up to 60% and improve query performance by up to 56%. Granica delivers privacy and safety for AI inputs and outputs, mitigating the risk of sensitive data leakage and harmful content while also improving AI accuracy, performance and fairness. Granica also makes AI more effective by curating and refining training data sets, selecting the most impactful samples for training in order to increase model performance. By making data AI-ready, model-powered applications deliver more accurate and more useful results, increasing the trust in AI. Granica is optimized for enterprises and technology companies in data and AI-intensive industries such as financial services, retail and ecommerce, geo-spatial intelligence, and autonomous vehicles. Category-defining companies including Quantum Metric, HERE Technologies, and Nylas use Granica to maximize innovation and business results from their data and AI initiatives.
About the Cloud Awards
The Cloud Awards is an international program which has been recognizing and honoring industry leaders, innovators and organizational transformation in cloud computing since 2011. The Cloud Awards comprises five awards programs, each uniquely celebrating success across cloud computing, software-as-a-service (SaaS), cloud security, artificial intelligence (AI), and financial technologies (FinTech).
Winners are selected by a judging panel of international industry experts. For more information about the Cloud Awards, please visit https://www.cloud-awards.com/.
About The A.I. Awards
The A.I. Awards recognizes the best and the brightest in solutions utilizing artificial intelligence. The program incorporates 21 categories across a wide range of sectors, including ‘Best Use of AI in Retail and eCommerce’ and ‘Best Use of AI in Finance’.
