VMware eyes early adoption of Private AI in healthcare, public sector, and BFSI

Haripriya Sureban Updated - October 09, 2023 at 10:33 AM.

VMware’s Private AI offering is expected to drive enterprise adoption of generative AI

Chris Wolf, Vice-President, VMware AI Labs. 

 

Cloud and virtualisation major VMware expects to see accelerated adoption of its new Private AI offering in the healthcare, BFSI, and public sector verticals, according to Chris Wolf, Vice-President, VMware AI Labs. 

VMware introduced new Private AI offerings to drive enterprise adoption of generative AI and tap into the value of corporate data. It expanded its partnership with NVIDIA to form the Private AI Foundation, aimed at enabling enterprises to customise models and run generative AI applications, including intelligent chatbots, assistants, search, and summarisation.

“The financial services sector will leverage the offering for use cases such as fraud detection, and the public sector entities will leverage to provide citizens more efficient access to information,” Wolf told businessline

VMware is also attracting interest from the healthcare sector for leveraging Generative AI. Wolf notes that the technology would facilitate access to broader patient data for improved diagnoses through correlation. The Private AI offering also has other use cases such as legal document summation, document creation, and IT use cases such as monitoring of security events, ideally the job of security analysts. 

VMware India for Private AI 

Emphasising the relevance of the Indian employee base in the development of the Private AI platform, Wolf noted that considering all the components of the platform, a majority of the work happened in India. 

“The APJ region in general is really where the majority of work has happened for us as an engineering team. Thus, we’re continuing to expand our software development footprint in India, and a sizable portion of software engineers working in AI laboratories are located in our Bengaluru office,” he said. VMware has a talent base of more than 35,000 employees globally, of which a significant chunk is based in India. 

It recently announced a partnership with Wipro to help customers with AI. Wolf said the Indian partner ecosystem provides ‘great opportunities,’ and it will be partnering with more ISVs (independent software vendors), along with system integrators in the region.   

Published on October 9, 2023 04:52

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