LTIMindtree and Snowflake Strengthen Joint Commitment to Enable Enterprises to Accelerate AI Adoption Journey
July 11 2024 - 9:02AM
Business Wire
This integration combines Canvas.ai’s robust
security and Snowflake’s industry-leading capabilities to transform
production-ready applications
LTIMindtree [NSE: LTIM, BSE: 540005], a global technology
consulting and digital solutions company, today announced the
launch of Canvas.ai, LTIMindtree’s cutting edge enterprise ready AI
platform, on the Snowflake AI Data Cloud. This new integration
further enhances LTIMindtree’s AI capabilities, unlocks
unparalleled flexibility and accelerated development, for our
clients to harness the power of AI. By combining Canvas.ai’s
customizability, scalability, and intuitive user interface with
Snowflake’s top-tier capabilities, enterprises can swiftly
transform their applications.
The collaboration brings together Canvas.ai’s capabilities of
proactive governance and guardrails coupled with enterprise grade
models such as Snowflake Arctic LLMs; Canvas.ai’s FinOps features,
including rate limiting, token budgeting, and reporting, enhance
the usability and efficiency of the LLMs that Snowflake Cortex AI
is bringing to the table with access to industry leading LLMs like
Mixtral, LLaMA 3, and Gemma; by leveraging Snowflake, Canvas.ai’s
navigator applications accelerate the GenAI journey. These
pre-built apps simplify AI deployment, enabling organizations to
roll out solutions effortlessly.
Ashish Varerkar, Vice President & Head, Canvas AI,
LTIMindtree, said, “LTIMindtree is thrilled to announce the
launch of Canvas.ai on Snowflake. Leveraging foundations like
Snowflake’s Cortex AI, along with supported LLMs and fine-tuning
capabilities, we empower customers to select the right LLM models
for their business use cases. Our core competencies include content
moderation, outcome validation for LLM-based apps, and seamless
orchestration of capabilities within organizations. With Canvas.ai,
building LLM-based apps becomes remarkably easy for end users,
harnessing the full potential of underlying capabilities.”
Rithesh Makkena, Global Partner SE Leader, Snowflake,
said, “As Snowflake accelerates the AI journey for both our product
and customers, we recognize a common concern: selecting the right
model for specific business use cases. Canvas.ai helps address this
challenge with customizable parameters, empowering users to make
better-informed choices without excessive costs. Beyond model
selection, Canvas.ai helps ensure robust governance and
security.”
Together, this collaboration will create a robust ecosystem for
enterprise AI deployment and transform AI-driven ideas into
production. Now, access Snowflake’s Cortex AI, Snowflake Arctic and
dedicated app gallery all within Canvas.ai.
About LTIMindtree
LTIMindtree is a global technology consulting and digital
solutions company that enables enterprises across industries to
reimagine business models, accelerate innovation, and maximize
growth by harnessing digital technologies. As a digital
transformation partner to more than 700 clients, LTIMindtree brings
extensive domain and technology expertise to help drive superior
competitive differentiation, customer experiences, and business
outcomes in a converging world. Powered by 81,000+ talented and
entrepreneurial professionals across more than 30 countries,
LTIMindtree — a Larsen & Toubro Group company — solves the most
complex business challenges and delivers transformation at scale.
For more information, please visit
https://www.ltimindtree.com/.
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Media contact Gitanjali.sreepal@ltimindtree.com