Updates include auto-clustering, expanded SAS,
Python, and R coding capabilities, and more
TROY,
Mich., Nov. 28, 2023 /CNW/
-- Altair (Nasdaq: ALTR), a global leader in
computational science and artificial intelligence (AI) announced
that Altair® RapidMiner®, its data analytics and AI platform, is
becoming more integrated, more powerful, and easier to use thanks
to a new series of groundbreaking updates.
"The upgrades to Altair RapidMiner elevate the platform's
capabilities to a new level and further solidify its position as a
comprehensive, end-to-end, and one-of-a-kind offering within the
data analytics and AI sphere," said Sam
Mahalingam, chief technology officer, Altair. "By giving
users of all skill levels and personas more powerful and
user-friendly access to low- and no-code capabilities, Altair
RapidMiner is a game-changing ecosystem for organizations in all
industries, helping them reduce friction and accelerate their
digital transformation journey."
New, Advanced Tools for Integrating LLMs into Business
Applications
Solutions in the Altair RapidMiner ecosystem with AI embedded
now deliver generative AI capabilities, allowing users to simplify
their workflow design and build unique versions of large language
models (LLMs) like ChatGPT using their own data.
For example, a global enterprise can create a version of ChatGPT
fine-tuned to their nomenclature, product universe, applications,
and clients. The Altair RapidMiner platform also utilizes ChatGPT's
new API so users can enable further customization without needing
to write any code. In addition, users can access all 300,000
Hugging Face models with a single click and fine-tune models with
billions of parameters. Altair RapidMiner also utilizes LLMs to
improve the overall experience: users can simply state desired data
transformations and the software creates the appropriate workflow
automatically.
Expanded AutoML and No-Code Development Features Bring Data
Science to Everyone
Altair RapidMiner's comprehensive AutoML toolset now supports
automated clustering in addition to predictive modeling, feature
engineering, and time series forecasting. The intuitive
wizard-based user experience empowers users new to machine learning
to build production ready models.
The software also supports one-click deployment of AutoML models
and simplifies operating predictive models trained with AutoML as
REST API endpoints. Non-expert users like data analysts and citizen
data scientists can deploy and integrate machine learning models in
seconds using Altair RapidMiner's pre-configured deployment
settings.
Additionally, Altair RapidMiner now provides a wizard-based tool
for building Altair's unique, patented, and highly explainable
decision trees. These enable users without data science backgrounds
to visualize complex interactions within data and understand how an
AI model produces its output. Users can grow trees automatically,
find the best splits, delete splits, and save scoring
workflows.
Streamlined Coding Experience for the SAS Language, Python,
and R
Altair RapidMiner also includes Altair SLC™, an alternative SAS
language environment, with a complete integrated development
environment plus low- and no-code tools to support advanced
analytics features, high productivity, and short development and
deployment cycles. With Altair SLC, it's now easier than ever for
enterprises to move to a flexible, modern analytics platform with
minimal business impact. The enhanced Python API allows users to
test and run SAS language code from within their Python development
environment.
Additionally, Altair RapidMiner's workspaces capability
introduces a new development paradigm for Python developers in
Altair® AI Cloud™. Workspaces comprise interactive coding sessions
which allow developers to use a standard IDE to develop
production-ready Python code based on governed, centrally
provisioned Python environments. To execute their code, users can
easily specify and spin up compute resources to fit their needs,
including selecting GPU hardware for complex modeling tasks like
image processing, large-language modeling, or similar
functions.
New, Powerful Tools for Historical and Live Data
Visualization
Altair® Panopticon™, Altair RapidMiner's comprehensive data
visualization and streaming analytics solution, offers a
streamlined user interface, including a new generation of data
visualization parts, new layout templates and tools, and new style
settings that make building, publishing, and using dashboards more
intuitive than ever. These improvements mean designers can spend
less time on setup and focus on building and deploying
better-looking, easier-to-understand dashboards.
Moreover, analysts can better analyze large, complex, and
fast-changing datasets, spot outliers and anomalies, and gain new
insights into their data quickly. Panopticon displays data –
including cloud data, file data, big data, and streaming data – as
it happens, using in-memory caching without middle storage. It
offers in-memory data blending, combining data from disparate
sources, and allows users to visualize more data points than ever.
Its data governance capability gives users access to the same
dashboard but with individualized data content. It also allows
users to move seamlessly in and out of the tool to and from other
browser-based systems.
Continued Investment in Patented Data Extraction and
Prep
Altair RapidMiner continues its more than 30-year record of data
extraction and preparation advancement – with Altair® Monarch® –
offering improved performance and security, including direct
read/write support for Azure Blob storage, Google Cloud storage,
Oracle Cloud storage, and Azure Active Directory. With its advanced
PDF to Excel functionality and ability to extract core banking
system and accounting reports, Monarch continues to be a market
leader.
To learn more about Altair RapidMiner, visit
https://altair.com/altair-rapidminer. To learn more about Altair's
data analytics and AI capabilities, visit
https://altair.com/data-analytics.
About Altair
Altair is a global leader in computational science and
artificial intelligence (AI) that provides software and cloud
solutions in simulation, high-performance computing (HPC), data
analytics, and AI. Altair enables organizations across all
industries to compete more effectively and drive smarter decisions
in an increasingly connected world – all while creating a greener,
more sustainable future. For more information,
visit https://www.altair.com/.
Media contacts
Altair Corporate
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Altair Investor
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Bridget Hagan
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Monica Gould, The
Blueshirt Group
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+1.216.769.2658
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+1
212.871.3927
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bhagan@altair.com
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ir@altair.com
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Altair Europe/The
Middle East/Africa
Charlotte Hartmann
+49 7031 6208 0
emea-newsroom@altair.com
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SOURCE Altair