HARMAN Introduces ForecastGPT, a GenAI Platform for Enterprises

7 months ago 107
  • Last updated September 3, 2024
  • In AI News

Designed specifically for uncertain and volatile markets, ForecastGPT leverages AI to help businesses make accurate predictions and informed decisions.

HARMAN, a Connecticut-based Samsung subsidiary, specialising in audio electronics, launched HARMAN ForecastGPT, a predictive analytics platform that enables organisations to become more efficient through future forecasting and optimum resource allocation. It is aimed at understanding complex data patterns, and some of its chief features are advanced AI capabilities, real-time adaptability and the ability to seamlessly integrate with various platforms. It is compatible with any data format and source including CSV, Excel, SQL, and API.

HARMAN ForecastGPT’s Versatility 

It can benefit businesses in a plethora of ways including sales forecasting, supply chain forecasting, financial planning, and marketing even. 

“Embracing AI is imperative for business success and at HARMAN DTS, we are pioneering the application of AI to deliver tangible, bottom-line results. By understanding the unique challenges and aspirations of each client, we’re crafting AI solutions that go beyond generic predictions. The ForecastGPT platform is a testament to our commitment to equipping businesses with the tools to move past challenging roadblocks and fully capitalise on the potential of AI,” said Nick Parrotta, President – Digital Transformation Solutions & Chief Digital and Information officer at HARMAN.  

HARMAN & its Growing Capabilities 

HARMAN has a wide portfolio including audio and video systems, car audio, connected car solutions, professional audio and lighting equipment, and more. Additionally, it is also the parent company to brands like JBL, Harman Kardon, AKG, Mark Levinson, and Infinity Systems. 

“HARMAN’s data science team has made significant contributions by incorporating machine learning and deep learning models into a range of applications, such as predictive analytics, computer vision, NLP, and graph analytics,” said Dr Jai Ganesh, chief product officer of HARMAN, in an exclusive interview with AIM previously

The data science team of HARMAN employs both open source as well as commercial tools such as Python, TensorFlow, PyTorch, AWS, Azure, or Google Cloud Platform, Java, C++, Git, Jenkins, Docker, Kubernetes, R, Jupyter, SAS, MongoDB, Spark, Kafka, MySQL, RStudio, KNIME, RapidMiner, H2O etc.

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Aditi Suresh

Aditi is a political science graduate, and is interested in technology, social media, and culture.

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