Accenture has made a strategic investment, through Accenture Ventures, in Stardog, an enterprise knowledge graph platform enabling organizations to do more with, and achieve greater value from, their data in this age of generative artificial intelligence (AI).
Stardog Enterprise Knowledge Graphs, with their ability to make real-world context machine-understandable, are used by companies to facilitate better enterprise data integration and unification. Instead of integrating data by combining tables, data is unified using a knowledge graph’s ability to endlessly link concepts—without changing the underlying data. This ability to unify data serves to connect data silos and produces a flexible data layer across the entire enterprise.
According to Accenture research, 97% of global executives agree that foundation models will enable connections across data types, revolutionizing where and how AI is used. Nearly all (98%) business leaders agree AI foundation models will play an important role in their organization’s strategies over the next three to five years.
”Stardog’s knowledge graphs help organizations use, interact with, and unlock more valuable insights from their data by enabling them to have highly customized and contextualized conversations with data from across the enterprise,” notes Teresa Tung, chief technologist at Accenture Cloud First. “They provide organizations with a programmatic framework that essentially acts as a data interpreter, translating data into more meaningful inputs.”
Stardog is the latest startup to join Accenture Venture’s Project Spotlight, an engagement and investment program that targets emerging technology companies that can help fill strategic innovation gaps for the Global 2000. In addition to capital investments, Accenture Venture’s Project Spotlight offers unprecedented access to Accenture’s technology domain expertise and its enterprise clients. Technology companies co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios, working with subject matter experts to adapt their solutions to the enterprise market and scale faster and more effectively.
Contract Opportunities to Watch: SOSi
SOSi has been awarded a position on a $995 million indefinite-delivery, indefinite-quantity (IDIQ) contract to provide Advisory and Assistance Services (A&AS) to U.S. Air Forces in Europe (USAFE) and Air Forces Africa (AFAFRICA).
SOSi will compete for task orders to support a wide range of training, engineering, and intelligence needs in Europe and Africa.
“As the prime contractor supporting USAFE’s Mission Partner Environment (MPE) requirements and the U.S. Army’s largest provider of intelligence analytic services in Europe, we are proud to expand our support to critical DoD intelligence, cyber, and engineering missions across Europe and Africa,” said SOSi CEO Julian Setian.
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IFS and Lockheed Martin formed a joint partnership to promote products and services to help aerospace and defense organizations maximize the value of their enterprise software investments, modernize their equipment maintenance and support processes, and keep assets mission-ready.
IFS and Lockheed Martin have worked together for a number of years. In 2021 both companies were selected by the U.S. Navy to deliver an intelligent maintenance solution to power the streamlining of multiple legacy systems into a single, fully digitized and insight driven logistics system.
Under this new agreement, IFS software will be made available in the Lockheed Martin Innovation Demonstration Center located at its Training and Logistics Solutions facility in Orlando, FL. Additionally, IFS and Lockheed Martin will collaborate on bid processes for customer opportunities, as well as share technology roadmaps to align their technology offerings for aerospace and defense customers.
Reeves Valentine, Vice President of Land and Maritime Solutions at Lockheed Martin Rotary and Mission Systems, said, “At Lockheed Martin, we develop highly-tailored solutions to help our customers achieve their critical missions.” He added, “Delivering digital tools that feature intuitive interfaces, streamlined workflows and AI-powered features keeps our military ahead of evolving threats. This partnership with IFS combines both companies’ efforts to ensure our customers have the most innovative defense capabilities.”