Endava Creates Agentic AI Industry Accelerator For Highly Regulated Industries
29 Aprile 2024 - 2:15PM
Business Wire
Data backed solutions provide truly transparent
and traceable large language models
Endava (NYSE ‘DAVA’), a leading technology services company
combining world-class engineering, industry expertise and a
people-centric mindset, today announces the launch of its
innovative agentic AI industry accelerator, internally designated
as 'Morpheus'. The first of its kind, the accelerator and its
AI-powered industry tools combine the power of data and multi-agent
autonomous teams to tackle complex challenges across all
industries, including highly regulated fields like healthcare,
insurance, financial services and private equity.
To date, large language models (LLMs) and AI have existed in a
'black box' with little insight into how the systems arrive at the
answers they provide. Endava is changing this by operationalising
LLMs around data to overcome common barriers caused by
hallucinations, ensuring that all activity is transparent,
knowable, and critically, auditable. Rolling out throughout
regulated industries, Endava’s agentic accelerator can be used to
deliver value in countless ways such as helping insurers with
underwriting policies more efficiently, working with analysts on
legal or financial research and due diligence efforts and driving
the development and testing of new healthcare products.
'Morpheus' represents the first significant step in applying
advanced language model operations to automate complex processes
within industries with strict regulatory requirements or data
transparency needs. The heart of the design is based on three
foundational themes:
- Data at the core with full transparency
- Teams of agents to break down complex workflows
- Dynamic scaling of teams to accelerate processes
Lead AI agents distribute workload amongst a team of specialist
agents, collating their results and orchestrating the next workflow
steps while also capturing data for traceability and governance at
every step. LLM- and cloud-agnostic, Endava’s AI accelerator is a
flexible and trustworthy way to rapidly transform businesses across
any industry.
Creating data products in this way enables an entirely new
avenue of thinking about autonomous teams, removing the notion of
constraints and freeing up entire workforces to do more meaningful
work.
Matt Cloke, Chief Technology Officer at Endava says, “The
introduction of multi-agent teams into our agentic AI industry
accelerators is a game-changer for the sectors we serve. 'Morpheus’
will bring new levels of intelligence and synergy to industries
that need it, and this is only the beginning. Multi-agent teams
represent a significant advancement in AI technology, allowing for
more dynamic, flexible and comprehensive problem-solving
capabilities. We see it solving complex industry challenges,
optimising processes and delivering unprecedented value to
businesses and their customers – and we believe there are limitless
possibilities as to its long-term application.”
“By bringing in our wealth of engineering and data expertise,
we’re turning the mystery of AI into something that is transparent
and auditable for those industries that need it most. Endava's
continued commitment to innovation and excellence in AI is evident
in the design of this accelerator, which promises to redefine
industry standards and pave the way for a new era of digital
transformation while continuing to evolve with people at the heart
of its design,” adds John Cotterell, CEO at Endava.
For additional details on how Endava's agentic AI industry
accelerator and its AI-powered tools are redefining possibilities,
please visit
https://info.endava.com/solutions/agentic-ai-industry-accelerator.
ABOUT ENDAVA PLC:
Technology is our how. And people are our why. By combining
world-class engineering, industry expertise and a people-centric
mindset, we consult and partner with our customers to create
technological solutions that drive innovation and transform
businesses. From ideation to production, we support our customers
with tailor-made solutions across various industries and all around
the world.
Endava services clients in Payments, Banking and Capital
Markets, Insurance, TMT, Consumer Products, Retail, Mobility and
Healthcare. As of December 31, 2023, 11,539 Endavans provided
services from our locations in European Union countries (Austria,
Bulgaria, Croatia, Denmark, Germany, Ireland, the Netherlands,
Poland, Romania, Slovenia and Sweden), non-European Union countries
(Bosnia & Herzegovina, Moldova, North Macedonia, Serbia,
Switzerland and the United Kingdom), Latin America (Argentina,
Colombia, Mexico and Uruguay), Asia-Pacific (Australia, Malaysia,
Singapore and Vietnam), North America (Canada and the United
States), and the Middle East (United Arab Emirates).
https://www.endava.com/
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