The Cluster for Applied AI welcomes Precise Prediction to the cluster!

"Precise Prediction is an example of a company that can make a big difference in the journey towards becoming more data-driven as a business. With their expertise, they can help players make the right choices to get the most out of their data and minimize silo and duplication issues. We are very pleased to welcome Precise Prediction to the Cluster for Applied AI!"

Marianne Bjerkman, Cluster Leader in the Cluster for Applied AI

Let's introduce cluster partner Precise Prediction with some quick facts from Per Baumann, Sales Director:

What do you do at Precise Prediction and what is your role?

We help our customers create added value from their data and make decisions data-driven. This can be from the very basics - or to assist customers who have already come a long way in e.g. streamlining, quality assurance or adopting solutions related to machine learning and AI.

To achieve this, you need solutions to access, organize, prepare, process, visualize and analyze available data in an efficient and secure way. We specialize in TIBCO software and help our clients implement and integrate it with their other systems. We also ensure that the customer's staff receive the necessary training and provide support when needed.

Since our establishment in 2006, we have focused on artificial intelligence and machine learning and we would like to include this in our deliveries. However, our experience is that you can achieve great benefits by making important decisions data-driven even without artificial intelligence. Once this is in place, you can gradually make the solution more advanced and, if desired, use artificial intelligence and machine learning.

My role in this is to define marketplaces and then find customers who have needs, and then create an initial interest and belief that we can solve their needs.

What are your objectives for the future?

Most of our customers are large companies on a Norwegian scale, but we are convinced that medium-sized companies will also benefit greatly from our solutions. Our goal is to get more medium-sized companies as customers. In particular, we believe that companies that have invested in equipment with sensors and have thus gained access to completely new data sources can benefit greatly from using this data in a better way.

Do you have a success story or an exciting project you would like to highlight?

We have several, but personally I would highlight a technology called data virtualization. This technology enables "data-on-demand" rather than copying data multiple times while retrieving and processing only the data we need for the job by actively using metadata. This technology reduces environmental impact through, among other things, reduced power consumption, but also simplifies integration and distribution across data sources and consumers.