Dun & Bradstreet and IBM Collaborate to Bring Trustworthy Business Insights to Fuel Responsible Generative AI Solutions Powered by watsonx
December 13 2023 - 9:12AM
Business Wire
Dun & Bradstreet (NYSE: DNB), a leading global provider of
business decisioning data and analytics, and IBM (NYSE: IBM), have
announced a strategic collaboration that will bring together Dun
& Bradstreet’s Data Cloud and IBM’s watsonx to help
organizations responsibly expand their use of generative AI. Dun
& Bradstreet also intends to leverage watsonx for its workflows
and solutions, supported by IBM Consulting.
Through this collaboration, Dun & Bradstreet and IBM aim to
develop offerings for clients to use in their native workflows to
drive generative AI adoption that can help achieve growth and
efficiency across a variety of business functions. The offerings
will leverage watsonx, IBM’s next-generation AI and data platform,
and draw upon Dun & Bradstreet’s Data Cloud, containing more
than half a billion private and public companies, market-leading
Identity Resolution, including the D-U-N-S® Number and the
company’s generative AI capabilities.
Dun & Bradstreet’s Ask Procurement™ is one of the new
solutions that IBM and Dun & Bradstreet intend to bring to
market. Ask Procurement will be designed to help empower
procurement professionals to unlock new data and insights with a
360-degree view into all aspects of a company’s business
relationships to help increase savings, reduce time, and mitigate
the potential for risk. The solution is expected to leverage the
D&B AiBE™ platform which will feature watsonx supported models
and other generative AI capabilities fueled by Dun &
Bradstreet’s vast Data Cloud. Slated for delivery in the first half
of next year, Ask Procurement will be able to be integrated with
Dun & Bradstreet solutions or an enterprises’ existing ERP or
procurement solution.
“At Dun & Bradstreet, being a trusted data partner and a
responsible AI partner to organizations are synonymous,” said Ginny
Gomez, President, North America, Dun & Bradstreet. “As two
trusted brands that bring nearly 300 years of combined experience
to the businesses we serve, Dun & Bradstreet and IBM are
ideally suited to help companies responsibly navigate the rapidly
evolving generative AI space because we know their business
environments and processes well. And with hundreds of thousands of
organizations globally relying on us everyday, we believe there is
no better company than Dun & Bradstreet to lead the industry
and our clients into the future.”
Through the collaboration, D&B.AI™ Labs, IBM Consulting, and
IBM Expert Labs teams will leverage the IBM Garage methodology to
build AI use cases, implement watsonx, and develop applications
that help address employee productivity, enhance customer
experiences, mitigate business-to-business risks, automate
workflows, and optimize efficiency.
“The transformative power of generative AI for business is
wholly dependent upon data that is accurate, trusted, and targeted
for enterprise use cases,” said Rob Thomas, Senior Vice President,
Software, and Chief Commercial Officer, IBM. “We plan to bring
solutions to market that combine IBM’s best-in-class AI and data
platform and consulting services with Dun & Bradstreet’s supply
chain expertise and vast sets of trusted data. Together, we can
empower clients to responsibly build AI-powered solutions and
confidently scale their use of generative AI to achieve their
business objectives.”
This relationship is underpinned by principles of trust,
responsibility, transparency, and explainability. The foundation of
this relationship is powered by Dun & Bradstreet’s trusted and
proprietary data and innovative AI-informed solutions, and IBM’s
decades-long work ushering powerful new technologies, including AI,
responsibly and with clear purpose.
For a preview of what the first solution resulting from this
collaboration will offer, watch this video.
About Dun & Bradstreet Dun & Bradstreet, a
leading global provider of business decisioning data and analytics,
enables companies around the world to improve their business
performance. Dun & Bradstreet’s Data Cloud fuels solutions and
delivers insights that empower customers to accelerate revenue,
lower cost, mitigate risk, and transform their businesses. Since
1841, companies of every size have relied on Dun & Bradstreet
to help them manage risk and reveal opportunity. For more
information on Dun & Bradstreet, please visit www.dnb.com.
Statements regarding Dun & Bradstreet and IBM's future
direction and intent are subject to change or withdrawal without
notice, and represent goals and objectives only.
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version on businesswire.com: https://www.businesswire.com/news/home/20231213889530/en/
Media Dawn McAbee 904-648-6328
Mcabeed@dnb.com
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