KX, the global pioneer in vector and time-series data management and Infosys, a global leader in next-generation digital services and consulting, have announced a global strategic partnership. Pairing KX’s leadership in vector database technology with Infosys’ excellence in service delivery, the partnership will focus on democratizing access to the foundational technologies required to build AI-powered applications.
With the generative AI market forecast to be worth more than $200bn by 2030, companies globally are looking beyond table stakes deployments and are now focusing on identifying unique use cases that can deliver transformative business growth. However, significant barriers exist to the widespread adoption of the foundational technologies required to unlock generative AI’s full potential.
Training and fine-tuning large language models (LLMs), for example, are computationally intensive tasks that require the use of powerful hardware which can be prohibitively expensive. Additionally, a skills gap is emerging around generative AI, with companies struggling to hire and train staff with the expertise to implement these new technologies. This partnership addresses these issues by integrating KX’s powerful yet highly efficient KDB.AI AI vector database with Infosys Topaz – an AI-first set of services, solutions and platforms that accelerate business value using generative AI technologies.
KDB.AI distinguishes itself by utilizing Knowledge Base (KB) embeddings, reducing the need for costly and continuous fine-tuning of Large Language Models, thereby offering a more efficient and reliable AI solution. Additionally, it leverages the efficient parallel processing capabilities of CPUs, providing a cost-effective alternative to GPU-based systems. This dual approach not only optimizes resource utilization but also ensures a balanced price-to-performance ratio. As a result, enterprises can scale their generative AI initiatives without compromising on performance or incurring excessive costs.
Moreover, KDB.AI’s unique ability to bring temporal and semantic context and relevancy to AI-powered applications gives companies the ability to find and return more relevant data using natural language search. Together, Infosys and KX will enable companies in all industry sectors to fast-track deployments of large language models and semantic search across their data estates for key use cases including similarity search between objects in any data format, automation with digital twins, pattern matching and anomaly detection, recommendation systems and sentiment analysis.
Balakrishna (Bali) D.R., Executive Vice President & Global Head, AI & Automation, Infosys: “Infosys is evolving to become an AI-focused enterprise as our clients look to deploy generative-AI technologies to boost productivity and drive business growth. Infosys Topaz products and services align well with KX’s vector database technology and by integrating our capabilities, we are meeting increasing customer need for real-time relevancy and context within their AI-driven applications.”
Ashok Reddy, CEO, KX: “The widespread adoption of AI is largely dependent on the economics of the foundational technologies required to manage and process data and build applications. Through this partnership, we’re integrating the unbeatable price versus performance capabilities of KDB.AI with the service innovation of Infosys Topaz, helping customers improve productivity, reduce costs and ultimately deliver business growth.”
The partnership will initially focus on the Banking, Financial Services and Insurance space and – more specifically – capital markets, where large volumes of data intersect with fast data at increasing rates of speed and complexity. Through this partnership, clients can leverage generative AI through the combined power of Infosys and KX to better understand market segment, predict with greater accuracy, and generate alpha, all while lowering costs. Clients can, for example, recreate Black Swan events with synthetic data to help predict stock behavior in case of similar market movements and can also access the latest SEC filing reports to make better predictions on stock prices and generate pitch books.
To learn more about the partnership and begin harnessing generative AI with Infosys and KX, please visit:
About KX
Our mission is to accelerate the speed of data and AI-driven business innovation, enabling customers to transform into real-time, intelligent enterprises. Built for the most demanding data environments, KX is trusted by the world’s top investment banks, life and health sciences, semiconductor, telecommunications, and manufacturing companies.
Time series and vector data management are at the heart of our products, independently benchmarked as the fastest on the market. They help our customers process data at unmatched speed and scale and empower developers, data scientists, and data engineers to build high-performance data-driven applications and turbo-charge their favorite analytics tools in the cloud, on-premise, or at the edge.
KX technology enables the discovery of richer, actionable insights for faster decision making which drives competitive advantage and transformative growth for our customers. KX operates across North America, Europe, and Asia Pacific.
For more information visit www.kx.com or contact: [email protected]
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.