KNOWIDEA Launches VeriPIE to Reduce Decision Risk with Verified AI Predictions
The Verified Predictive Intelligence Engine is available and in production at energy producers, financial institutions and manufacturers.
VeriPIE is available today in the KNOWIDEA platform and in production with a Fortune 500 oil and gas producer, financial institution and industrial manufacturer.
Most companies decide using dashboards that describe the past, consulting reports that take eight to twelve weeks, or AI answers that are right most of the time. When a decision rests on a number no one can check, the risk sits with the executive's intuition.
VeriPIE runs the same five steps on every question. It connects ERP, finance, operations and CRM data with external benchmarks, finds the drivers of the number in question, forecasts each option, weighs each prediction against the company's risk tolerance, and delivers a recommendation with the judgments that need a human owner marked.
Each number traces to its source system, table, rows and dates. Claims that can be checked exactly are checked by code, not by another model. When evidence is missing, VeriPIE does not issue a verified recommendation and names the missing input.
At one
"Every major decision is a prediction. The question is whether you can prove it before you bet the company on it. VeriPIE gives you the future with the work shown," said Yatharth Sejpal, Co-founder and CEO of KNOWIDEA.
"Prediction without verification is a guess with better formatting. VeriPIE proves every part of a forecast that can be proven and names the part that cannot," said
VeriPIE sits on top of the ERP, data warehouse and BI tools a company already owns. To see it on your own data, bring one decision to a 30-minute session at knowidea.dev.
About KNOWIDEA
KNOWIDEA is a Toronto-based decision intelligence company. Learn more at knowidea.dev.
Media contact: Yatharth Sejpal, [email protected]
View original content:https://www.prnewswire.com/news-releases/knowidea-launches-veripie-to-reduce-decision-risk-with-verified-ai-predictions-302900366.html
SOURCE KNOWIDEA
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