OpenText launches Magellan, combines machine learning & analytics
Enterprise information management company, OpenText, has launched a flexible AI and analytics platform that combines open source machine learning with advanced analysis platform that claims to acquire, merge, manage and analyze Big Data.
What does it have to offer
Named OpenText Magellan, the platform’s cognitive computing platform states to offer machine-assisted decision making, automation, and business optimization. According to the company it is a cost-effective solution built on a cohesive, scalable infrastructure equipped for handling massive amounts of structured and unstructured data. “Enterprises have created vast data lakes of information over the last decade, and OpenText Magellan helps to organize that information and unlock its value. As automation advances at incredible rates, and enterprise data grows larger, OpenText Magellan brings the power of analytics, algorithms and statistical models to organizations around the world for advanced decision making and better business insight,” said Mark J Barrenechea, CEO and CTO, OpenText.“With OpenText Magellan, we are moving towards a more open, scalable and affordable future for AI. OpenText is committed to ensuring AI is designed into its offerings from day one.”The company states that the Magellan is powered by OpenText Analytics, and Apache Spark and can integrate across any enterprise information management architecture to dramatically reduce the time, effort and expertise required to leverage the value of advanced analytics in decision-making and task automation.