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causaLens recognized by the Gartner® Hype Cycle™ for AI, 2024
5 July 2024, 09:16 GMTcausaLens recognized in the Gartner® Hype Cycle™ for Artificial Intelligence, 2024
We are delighted to announce that causaLens has again been recognized in the Gartner Hype Cycle™ for Artificial Intelligence 2024. causaLens is cited as a Sample Vendor for Causal AI, with causal AI listed at the “Innovation Trigger” stage.
Gartner report authors, Afraz Jaffri and Haritha Khandabattu, introduce the report:
Investment in AI has reached a new high with a focus on generative AI, which, in most cases, has yet to deliver its anticipated business value. This research helps AI leaders identify other techniques worthy of investment by profiling a wide range of AI innovations, many of which are advancing fast.
In the causal AI section of the report, Gartner states that:
causal AI identifies and utilizes cause-and-effect relationships to go beyond correlation-based predictive models and toward AI systems that can prescribe actions more effectively and act more autonomously.
Continuing in this section, Gartner highlights that:
Causal AI is crucial when we need to be more robust in forecasting and more prescriptive to determine the best actions to influence specific outcomes.
causaLens is named among the causal AI vendors.
About causaLens
We are the market-leading pioneer of causal AI, empowering AI systems to reason about cause and effect, enhancing their ability to understand and intelligently interact with the world. Our groundbreaking Causal AI platform, decisionOS, enables enterprises to adopt robust, explainable, and scalable AI-powered decision-making. We are trusted by global industry leaders across the manufacturing, retail, finance, and healthcare sectors, including prestigious organizations like Cisco, Scotiabank, GE Vernova, and LG.
You can learn more about causaLens at causaLens.com, read our introduction to causal AI here, and even sign up for a free trial of our causal AI platform.
References:
Gartner Hype Cycle for Artificial Intelligence, by Afraz Jaffri, Haritha Khandabattu, 17 June 2024. The full report is available for Gartner subscribers here.
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