UBIX, an artificial intelligence on demand for business company, entered an alliance with Tri-Fin Capital, a provider of funding solutions for technology and software related projects, to help make AI abundant, reliable and cost effective for small and mid-market companies.
Tri-Fin Capital has been offering small and mid-market companies funding options for more than two decades through the deployment of enterprise resource planning (ERP) systems. With the advent of advanced analytics and AI, organizations now can analyze larger volumes of data to drive new insights and intelligent action for greater business impact. This makes advanced analytics and AI a value opportunity for small and mid-market companies that have completed their ERP modernization.
UBIX provides an AI-on-demand solution for business users combining data science and machine learning with mid-market ERP systems. UBIX automates the ingestion of ERP transaction data and external third-party data (e.g., weather, commodity indices, etc.) into a data lake for data cleansing and shaping, AI model development, testing and deployment to deliver predictive insights. UBIX can address multiple analytics use cases from the front office to the back office, such as sales pipeline conversion modeling, human resources analytics, accounts receivables (AR) analytics, demand forecasting, input commodity price forecasting, asset monitoring and predictive maintenance, and computational automation.
“It is becoming increasingly clear that the next value opportunity for small and mid-market organizations is the unification of ERP data, with other enterprise data and external market data (e.g., commodity indices, weather, etc.), leveraging data science and AI to drive profitable growth,” John Burke, CEO of UBIX, said. “This partnership with Trifin will accelerate the adoption of advanced analytics and AI by these companies in order to drive timely, reliable foresight and intelligent action quickly and with minimal upfront spend, resulting in exponential return on investment for our clients.”
“Through our new relationship with UBIX, more organizations can now exploit the power of AI for both large strategic initiatives as well as in their day-to-day operations,” Jeff Bland, CEO of Tri-Fin Capital, said. “We see AI as the next frontier in the data landscape and ERP vendors and customers alike are embracing this next chapter. We plan to be there to help companies leverage AI in a range of industries, from financial services, healthcare, energy, to manufacturing and retail.”
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