Diveplane Identified as a Sample Vendor in Four Gartner 2020 Hype Cycle Reports

By AIT News Desk On Aug 21, 2020

The Raleigh-Based AI Startup Was Recognized for Both Its Small Data and Synthetic Data Concepts in Four Different Reports

Diveplane, the company keeping the humanity in artificial intelligence (AI), announced their recognition in four different Gartner Hype Cycle reports: Hype Cycle for Artificial Intelligence, 2020; Hype Cycle for Data Science and Machine Learning, 2020; Hype Cycle for Emerging Technologies, 2020 and Hype Cycle for Privacy, 2020. The company was also named as a Cool Vendor in the 2020 Cool Vendors in AI Core Technologies report by Gartner, Inc. in April.

The AI-related Gartner Hype Cycles offer high-level overviews of different innovations and trends for CIOs as well as AI, data and analytics leaders to stay on top of key trends in the industry.

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“We’re very pleased with the recognition, not only of Diveplane’s capabilities, but for synthetic data overall,” said Diveplane Chief Commercial Officer Alan Cross. “There are so many possibilities and potential use cases for this technology, we’re excited to be part of such an innovative and groundbreaking industry.”

According to the Gartner Hype Cycle for Privacy, 2020 “Synthetic data, addresses the problem of volume and variety for sparse, nonexistent or difﬁcult to get data.” The report further states, “Today, we see increased adoption of synthetic data approaches across industries; in particular automotive, robotics, content generation, retail, fraud, ﬁnance, defense, and logistics along with early shoots of use in development of synthetic speech and natural language data for NLP applications.”

“In our opinion, recognition in these four Gartner Hype Cycles is an incredible acknowledgement of the power of the synthetic data capabilities that Diveplane possesses,” added Dr. Mike Capps, Diveplane CEO. “The opportunities for this technology are endless and we’re thrilled that it’s being recognized.”