Dun and Bradstreet IBM collaboration
Leading global provider of data and analytics for business decisions, Dun and Bradstreet, and IBM have announced a strategic partnership that will combine Watsonx from IBM with the Data Cloud from Dun & Bradstreet to support companies in expanding their usage of generative AI in an ethical manner. With IBM Consulting’s assistance, Dun & Bradstreet also plans to use Watsonx for its processes and solutions.
With this partnership,Dun and Bradstreet and IBM hope to create products that customers can utilize in their existing processes to promote the adoption of generative AI, which can lead to increased productivity and growth in a range of business areas. The products will make use of Watsonx, IBM’s next-generation AI and data platform, as well as market-leading Identity Resolution which includes the D-U-N-S Number and the company’s generative AI capabilities. Additionally, the products will draw from Dun & Bradstreet’s Data Cloud, which houses over half a billion private and public companies.
One of the new products that IBM and Dun and Bradstreet plan to launch is Ask Procurement from Dun & Bradstreet. With a 360-degree perspective of a company’s business ties, Ask Procurement will enable procurement experts to access fresh data and insights that can assist boost savings, cut down on time, and lower risk. The D&B AiBE platform, which will have Watsonx-compatible models and more generative AI capabilities powered by Dun & Bradstreet’s enormous Data Cloud, is anticipated to be utilized by the solution. Ask Procurement is expected to be delivered in the first half of 2019 and can be integrated with Dun & Bradstreet products, an organization’s current ERP system, or a procurement solution.
According to Ginny Gomez, President of Dun & Bradstreet’s North America, “at Dun and Bradstreet, being a trusted data partner and a responsible AI partner to organizations are synonymous.” “Due of our familiarity with the business settings and procedures of our clients, IBM and Dun and Bradstreet, two reputable brands with nearly 300 years of combined experience, are well-positioned to assist organizations in safely navigating the quickly developing generative AI area. And as we are the go-to firm for hundreds of thousands of enterprises worldwide, we think Dun & Bradstreet is the best company to guide the sector and our clients into the future.
In order to create AI use cases, implement Watsonx, and develop applications that address employee productivity, improve customer experiences, reduce business-to-business risks, automate workflows, and maximize efficiency, D&B.AI Labs, IBM Consulting, and IBM Expert Labs teams will collaborate and utilize the IBM Garage methodology.
According to Rob Thomas, Senior Vice President, Software and Chief Commercial Officer, IBM, “the transformative power of generative AI for business is wholly dependent upon data that is accurate, trusted, and targeted for enterprise use cases.” “We want to launch products that leverage Dun & Bradstreet’s supply chain know-how and enormous amounts of reliable data along with IBM’s world-class AI and analytics platform and consulting services. By working together, we can provide our clients the tools they need to develop AI-powered products ethically and expand their use of generative AI with confidence to meet their goals.
The fundamental tenets of this connection are accountability, transparency, explainability, and trust. This relationship’s cornerstones are IBM’s decades-long efforts to ethically and purposefully usher in powerful new technologies, including AI, and Dun & Bradstreet’s trusted and proprietary data and creative AI-informed solutions.
Concerning Dun & Bradstreet
Companies all over the world can enhance their business performance with the help of Dun and Bradstreet, a top global supplier of analytics and data for corporate decision-making. The Data Cloud from Dun & Bradstreet powers solutions and provides insights that enable clients to increase revenue, save costs, reduce risk, and completely change their companies. Businesses of all sizes have depended on Dun & Bradstreet since 1841 to help them manage risk and identify opportunities.