Ditto AI, the UK-based developer of explainable AI, has agreed a global agreement with Tata Consultancy Services (TCS), the IT services, consulting and business group, to provide explainable AI in regulated and safety-critical sectors.

The agreement will see Ditto AI working with TCS's network of consultants in 46 countries to offer a unique patented methodology that solves the challenge of building reliable models of expert human problem-solving so that machines can safely assist people in their decision-making. This is known as the knowledge elicitation bottleneck in symbolic AI, and is a particular challenge in highly regulated and safety critical applications.

Ditto AI's technology codifies unstructured, tacit expertise and makes it accessible through familiar user interfaces to produce complete, correct and consistent advice for users querying the system in natural language. The advice is accompanied by an audit trail which allows for human oversight and accountability, which are especially necessary for AI solutions in regulated and safety critical sectors where many 'black box' AI offerings on the market cannot be relied upon.

Industries where this explainable AI technology could have particular applications include energy, utilities, chemicals, automotive, transport, pharmaceutical and consumer goods manufacturing and financial services.

Ditto AI's offering complements TCS's work in this space, allowing both companies to partner in driving conversations with customers wanting to implement AI to improve efficiency in an accountable and transparent manner. The agreement with TCS is a significant step forward for Ditto AI, which is currently best known for its sustainability products, which offer learning, compliance and data management platforms for businesses.

Ved Sen, Digital Evangelist for TCS UK, said:

'We have spent time evaluating Ditto AI's technology, and we think it is an exciting next-generation offering that can truly deliver explainable AI. We look forward to collaborating with Ditto AI to put accountable AI to work for our clients.'

Rick Turner, Ditto AI's Chief Executive, said:

'As an explainable AI company, we are committed to delivering accountability to the users of our AI technology. The alliance with Tata Consulting Services will help us bring accountability and transparency in AI to a broad set of customers globally, especially those in regulated and safety critical sectors who cannot afford to make errors and must understand the workings of the AI before they can trust it to inform their decisions.'

For more information, please contact:

Ditto AI Limited +44-(0)330-995-0710

Rick Turner, Chief Executive Officer

Shefaly Yogendra, Chief Operating Officer

The Nisse Consultancy
Jason Nisse

+44-(0)7769 688618

jason@nisse.uk

Tata Consultancy Services
+44-(0)20 3155 2421
Peter Devery peter.devery@tcs.com

Notes for editors

About Ditto AI Limited

Ditto AI Limited is an explainable AI company whose core technology is built around a USA-patent protected methodology that solves a central problem of knowledge elicitation in the expertise and knowledge automation challenges in AI. With clear audit trails and a plain language explanation, Ditto AI's technology stands out from 'black box AI', and is suited to serving the needs of highly regulated sectors as well as contexts that demand transparency, and are safety-critical and error intolerant.

In 2018, Ditto AI raised Series A funding from IP Group (LSE: IPO), the UK's leading intellectual property commercialisation company, which focuses on evolving great ideas into world-changing businesses and Parkwalk Advisors, awarded the 'Best EIS Fund Manager' category at the EISA awards three years in a row.

For more information, please visit our website at www.ditto.ai

Ditto AI on Twitter: https://twitter.com/Ditto_ai

Ditto AI on LinkedIn: https://www.linkedin.com/company/ditto-ai/

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world's largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 424,000 of the world's best-trained consultants in 46 countries. The company generated consolidated revenues of US $20.9 billion in the fiscal year ended March 31, 2019, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS's proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index.

For more information, visit us at www.tcs.com

TCS UK & Ireland on Twitter: https://twitter.com/TCS_UKI

TCS on LinkedIn: https://www.linkedin.com/company/tata-consultancy-services/

Attachments

  • Original document
  • Permalink

Disclaimer

IP Group plc published this content on 06 June 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 06 June 2019 09:17:07 UTC