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  • Altada Technology Solutions

Altada Technology Solutions has been recognized by CIO Applications Europe Magazine as the exclusive recipient of “Top 10 Machine Learning Solution Companies - 2020,” based on our proprietary methodology, reflecting its position in the industry, and is also named among “,” reflecting its broader leadership. This profile has been developed by the CIO Applications Europe research and editorial team based on insights from an interview with Allan F. Beechinor, CEO.

Altada Technology Solutions

Altada Technology Solutions
Altada Technology Solutions

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Allan F. Beechinor, CEO, Altada Technology SolutionsAllan F. Beechinor, CEO
Artificial intelligence (AI) continues to advance by leaps and bounds—rapidly evolving as a potential disrupter and essential enabler in every industry. While AI expands into almost every aspect of modern life and businesses, it largely remains an experimental workbench technology. One of the barriers to large-scale deployment of AI is the ineptness of organisations in operationalising AI, across multiple functions and business units, coupled with their broader automation initiatives. These set of challenges extend to implementing the technology without appropriate safeguards and enabling trustworthy AI to garner trust from system users, customers, governments, and other stakeholders. In a nutshell, the path to deploying AI in enterprises is far from straightforward.

If there is one company that can overcome the aforementioned challenges and be credited for the advancement of AI in the businesses landscape, it is Altada Technology Solutions. The Ireland-based company draws on its rich domain expertise in trustworthy AI and privacy by design to help enterprises in the operationalisation of AI. Altada leverages the advances in AI research to create a rich set of components that help enterprises can to accurately classify, categorise and validate data. This ensures that the deployed AI models meet the criteria of privacy by design. “We are a mature AI group that understands the use cases and the data to enable a practical implementation,” begins Allan F. Beechinor, CoFounder and CEO, Altada.

Having led many enterprises in various leadership roles, Beechinor has garnered rich experience in the fields of AI, machine learning, deep learning, metadata management, data quality, blockchain technologies, software development, data-driven strategies and more. With Beechinor at the helm, Altada assists its clients in cleansing, managing and protecting their data environment with a powerful AI platform, future-proofing their AI-powered applications. The company is building a robust and ready-for-deployment AI planning framework, which can be essentially applied to any use case, depending on the data ingested.

At a time when organisations across diverse industries are struggling to cope with the dissemination of unstructured data sets, Altada steps in to empower them with technologies, solutions and consulting services.
The company’s expertise and license solutions have been instrumental in analysing and gaining insight and predicting mission-critical outcomes from voice traffic, large unstructured data sets, images, and hidden data flows and lineage. “We ensure that the clients have the accuracy and efficiency to get through the data at a pace that their business demands. Besides an AI platform and other multiple technologies that we can deploy, we provide data science as a service for real-time reporting accuracy and efficiency, along with our consultative element of the solution whereby clients can tap into our resourcing and experience,” states Beechinor. This consultative approach allows Altada to engage subject-matter experts in the client organisation and help them identify the use cases and the challenges that they are trying to resolve. “We assist them in identifying the use cases that will be more impactful, pertinent and relevant to their organisation and help them boost their ROI. We discern the areas where it is practical that machine learning could have a positive impact,” he adds.

Our specific focus upon financial and financial services within the healthcare industry has impacted healthcare finances in a positive way


The team at Altada walks that extra mile to understand the movement of data. The company’s workflow-driven environment helps teams to assess the efficiency of a certain process. Based on this, experts can identify informal links by evaluating unstructured metadata and data. For instance, if an office email is sent to different locations informally, or documents are copied, Altada can delve deeper in terms of the information flow, apply use cases accordingly. In essence, the company is capable of identifying gaps in datasets, along with missing documentation and the movement of data in a workflow, in case a client has conducted due diligence on information as an integral part of their core business.

What makes Altada truly a class apart is its focus on putting a human in the loop in the early stages of AI modelling. With an aim to address the lack of resourcing and the talent gap in organisations, Altada allows them to leverage a “human + machine” approach to problem-solving for greater early accuracy, which can then be exploited by self-learning techniques. “It’s not just the procurement of an application. We believe in a more interactive engagement and achieve the stature of a trusted advisor,” states Beechinor. At the core, Altada’s underlying modelling framework has been designed to maximise model selection opportunity. As strong proponents of constraint programming, AI planning and learning optimisation, Altada’s expert team has built and deployed solutions to enable better decisions and augmented customer experiences. The robust Altada AI platform deploys decision modelling and is well-equipped to deliver bespoke solutions to the users. “Our specific focus on the financial services within the healthcare industry has impacted healthcare finances in a positive way,” states Beechinor. The company’s expertise in financial services results in a tailored approach towards the data that its clients are ingesting in order to run their business rather than trying to rebuild an application to deliver upon a problem.

Apart from financial services, Altada’s use cases also include assessing the viability of a mortgage portfolio and assigning value-based documentation that supports that portfolio. Moreover, the company conducts due diligence on behalf of a funding partner to understand the intricacies of AI and other new technologies. These use cases extend to help clients with complex and potentially inaccurate data, improving regulatory compliance, data governance, process efficiency and profitability.

With a strong value proposition in place, Altada is well-positioned in an era where there is a relentless race to harness the power of AI. Moving ahead, the company is committed to continually assessing practical applications and economic potentials of AI.

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Top 10 Machine Learning Solution Companies - 2020

Altada Technology Solutions Info

Company
Altada Technology Solutions

Headquarters
Cork, Ireland

Management
Allan F. Beechinor, CEO

Description
Altada transforms data rich clients into data-driven companies using a powerful AI platform to cleanse and organise data environments. The Ireland-based company draws on its rich domain expertise in trustworthy AI and privacy by design to help enterprises in the operationalisation of AI. Altada leverages the advances in AI research to create a rich set of components that help enterprises can accurately classify, categorise and validate data. This ensures that the deployed AI models meet the criteria of privacy by design. With Allan F. Beechinor at the helm as the CEO, Altada assists its clients in cleansing, managing and protecting their data environment with a powerful AI platform, future-proofing their AI-powered applications. The company is building a robust and ready-for-deployment AI planning framework, which can be essentially applied to any use case, depending on the data ingested

ON THE DECK

Altada Technology Solutions News

Altada Technology Solutions is Delighted to Announce our Collaboration with Tangent and Trinity College Dublin in setting up Alsessor, our AI Accelerator programme

Altada Technology Solutions has partnered with Tangent, Trinity College Dublins Ideas Workspace to create an accelerator program supporting early-stage startups and entrepreneurs in the growth and commercialisation of their businesses. This partnership aims to ultimately embed the initiative in the AI start-up ecosystem and create cornerstones for ambitious, global-reaching businesses. Alsessor has issued a call out to all early-stage Artificial Intelligence startups in Retail, Digital Health, FinTech, InsurTech, Regulatory, and Compliance. If you are an early-stage company working on AI-based products and services ready for development and commercialisation then this could be the opportunity for you.


Allan Beechinor, CEO and co-founder of Altada says, Alsessor is a pioneering five month accelerator program designed to support global early-stage AI companies at prototype or proof of concept phase. We have tailored the program to support nascent businesses with bleeding edge innovations in AI who want to expedite their commercial development within an intense accelerator environment.


Niamh Parker, co-founder of Altada says Altada greatly benefited as participants of the CorkBIC International Security Accelerator so we know that the right support is critical at an early stage for startups to succeed. Having scaled successfully over the last number of years we are delighted to be in a position to partner with Tangent and share our experiences to help start-ups reach their potential. Participation in a programme like this could be the difference between a startup making it or not!


Ken Finnegan, CEO of Tangent, Trinity's ideas workspace says, The value and benefit for early-stage startups participating on this world class accelerators is enormous. The selected teams will have access to funding, the best minds across industry and academia to progress their organisation and also access to a network of my supports. Artificial Intelligence is changing the way we work and live, Tangent is proud to drive and support the next generation of cutting edge companies.


A startup accelerator has immense benefits to entrepreneurs and innovators, offering exposure to domain expertise, mentorship, masterclasses and workshops. Once a business completes the Accelerator, they will have improved, refined and perfected elements of their business model, secured their intellectual property, define the funding strategy and commercially exploit the solutions being developed.


How to apply:


Alsessor is now inviting applications for the program which will run for a consecutive five months starting in January 2021, with at least 18 face to face gatherings by way of organised workshops and events. Applications will be accepted until December 18th 2020. Applications can be requested and submitted via email apply@alsessorai.com or visit AlsessorAI.com.

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