Tag: Tredence

Tredence Wins Third Consecutive Databricks Retail and CPG Partner of the Year Award

SAN JOSE, Calif. and BENGALURU, India, June 11, 2024  — In a rare three-peat, Tredence, a global data science and AI solutions company and an Elite partner of Databricks, has been named the 2024 Databricks Retail and CPG Partner of the Year. Tredence has been selected from over 2,500 consulting and system integrator partners for this award, reflecting the company’s exceptional expertise in leveraging the Databricks Data Intelligence Platform to deliver unmatched value to retailers and CPG companies. Tredence and Databricks have together solved last-mile analytics and AI challenges for eight of the world’s top 10 retailers and eight of the top 10 CPG firms.

Databricks-Partner-Award

Tredence leverages its industry-first, unified data model, along with 140+ AI/ML accelerators, to enable retail and CPG firms to modernize data at pace and unlock the value of new use cases. Using key features of the Databricks Data Intelligence Platform, Tredence guides businesses in achieving superior data quality, robust data governance, and a solid foundation for GenAI.

“At Tredence, we understand the importance of using data and AI in transforming retail operations and driving precise decisions,” said Shashank Dubey, Chief Revenue Officer, and Co-founder at Tredence. “Teaming up with Databricks has enabled us to amplify our data-driven solutions and provide greater value to retailers and CPG firms, creating a dynamic flywheel that attracts new clients and propels business growth. We are proud of the outstanding results we have achieved with Databricks and look forward to delivering cutting-edge advancements redefining the retail landscape.”

“Tredence has demonstrated that it is deeply committed to solving the challenges of retail and CPG firms using scalable data, analytics, and AI Brickbuilder Solutions built on the Databricks Data Intelligence Platform,” said Matt Jackson, Vice President Sales, Retail & Consumer Goods at Databricks. “Together, we are helping the world’s leading retail and CPG companies unify data and insights so that they can expand predictive intelligence and automation capabilities throughout their businesses. We are excited about the new opportunities we can pursue together.”

Tredence’s HealthEM.AI Wins NASSCOM’s Healthcare Innovation Challenge 3

Tredence, a leading data science solutions provider, today announced that its care-management platform HealthEM.AI

won NASSCOM’s Healthcare Innovation Challenge 3 in the ‘inpatient volume prediction based on outpatient Volume’ category. Organized by NASSCOM Centre of Excellence (CoE) – IoT & AI, the initiative aims to support tech innovation in health care by making it efficient, effective, and easily accessible.

HealthEM.AI is Tredence’s value-based care management platform that improves healthcare outcomes at speed and scale by turning data into actionable insights. The platform provides a strong foundation for healthcare providers and payers to deliver key wins associated with value-based care by:

  • Identifying the future cost of the patient

  • Identifying rising risk patients and enabling AI/ML predictive modeling

  • Improving care management productivity and effectiveness

Built by medical science and data science professionals, HealthEM.AI aims to drive value-based care through advanced AI and machine learning models while optimizing costs for healthcare providers and payers.

“With the health industry shifting from a fee-for-service model to value-based care, the adoption of AI to deliver personalized patient care has gained more traction. HealthEM powers the journey to value-based care, optimizing revenues, operational efficiency and patient experience with an accurate risk prediction, prioritization and recommendation engine,” said Tredence CEO and Co-founder Shub Bhowmick. “By harnessing the power of AI, HealthEM.AI makes it easy to take data-driven actions and foster innovation for healthcare organizations. We are honored to be recognized by NASSCOM for innovation in health care and will continue to support our clients in driving both commercial success and patient outcomes.”

NASSCOM’s Healthcare Innovation Challenge aims to accelerate the impact of digital technology in the healthcare sector to achieve the vision of a $1 trillion digital economy as defined by The Ministry of Electronics and IT (MeitY). Aside from hospitals, the third edition of the initiative saw participation from insurance and technology players, who came onboard as use-case sponsors. The program is an initiative of the NASSCOM Center of Excellence, a collaborative innovation platform to help deep-tech startups and companies leverage cutting-edge technologies to build market-ready products.