Katonic AI, an Australian AI company, has launched its no-code Generative AI Platform in Japan, aiming to help Japanese businesses securely harness the power of Generative AI. The platform enables both large and small businesses to quickly leverage the benefits of Generative AI without concerns over data security or inaccuracies.
With the Katonic Generative AI Platform, Japanese companies can now effortlessly build powerful AI applications in just minutes, a process that used to take months. This platform allows businesses to create AI-powered assistants, chatbots, code generators, advanced data analyzers, moderation engines, and more. These applications are trained on the organization’s own data to extract, summarize, and classify information.
Prem Naraindas, CEO & Founder of Katonic.ai, highlighted the importance of providing Japanese businesses with a reliable and secure platform to leverage the power of Generative AI. He emphasized that as a company with roots in the region, Katonic understands the specific needs of businesses in Japan. Naraindas also expressed the company’s commitment to the Japanese market, stating that they will dedicate their best people and technology to support Japanese organizations in leveraging AI for growth and success.
Generative AI technology allows companies to rapidly create text, images, code, 3D models, videos, and more, significantly reducing production time. This is made possible through the platform’s Foundational Models, which can understand and respond to user prompts written in natural language, taking context into account. It is estimated that approximately 65% of tasks performed in organizations across various industries can be automated or augmented using Generative AI, leading to increased efficiency, accuracy, and cost reduction.
The Generative AI market is projected to exceed $15 trillion in the next 10 years. While the United States has been at the forefront of driving and benefiting from this market, Japan and Australia have lagged behind in terms of the number of home-grown AI startups.
Katonic.ai, founded in Sydney, Australia in 2020, has rapidly grown its customer base in the Asia-Pacific region. Now, the company is extending its expertise to Japanese customers with an end-to-end Generative AI solution. Their no-code Generative AI Platform, built on top of their highly awarded Machine Learning Operations (MLOps) platform, allows businesses to efficiently manage the entire process of data preparation, model training, deployment, monitoring, and automation. The platform can be deployed anywhere, including multi-cloud environments, on-premises, or the edge.
With offices in India, Australia, and Singapore, Katonic.ai is backed by Australia’s largest investment fund, Artesian Investments, and Boab AI. It is notable that Katonic.ai is the only APAC-based AI company featured in Everest Group’s MLOps Products PEAK Matrix® 2022 and has won the Frost & Sullivan Best Practices Entrepreneurial Company of the Year Award in the APAC MLOps industry.
By launching its Generative AI Platform in Japan, Katonic.ai is poised to empower Japanese businesses to securely embrace the potential of Generative AI, driving innovation and growth in the country’s AI ecosystem.