Indianapolis-based company Stellar has officially launched its mission to help businesses gain a competitive edge by integrating generative artificial intelligence (AI), large language models (LLMs) and machine learning (ML) into all aspects of their operations.
Stellar said it aims to reshape data landscapes and drive unparalleled organizational transformations in a Friday (Aug. 25) press release.
“Our expertise, guidance and solutions enable employees, customers and stakeholders to achieve next-level performance, revenue acceleration and improve customer experiences,” Stellar CEO Brett Flinchum said in the release.
Many company leaders are unsure of where to begin when it comes to implementing AI tools, according to the press release. This is where Stellar steps in, offering businesses the opportunity to transform their operations through generative AI and LLMs hosted in their own environment, powered by their internal proprietary data.
Flinchum said in the release that breakthroughs in generative AI are advancing the way business is done, and there is still a great opportunity for enterprises to capitalize further.
He highlighted various industries that can benefit from genAI applications, such as healthcare payers processing payments more accurately and efficiently, big pharma expediting clinical trials and reducing patient risks, and airlines and telecommunications companies solving complex travel or billing problems online without long wait times.
“Finance, marketing and HR teams can talk and interact with their data in completely new ways, no longer relying on stale dashboards and outdated performance indicators,” Flinchum added.
As Stellar brings a horizontal technology platform across domains, the company offers a breadth of experience in key verticals, including healthcare, financial services, retail and consumer packaged goods, and industrial IoT, the release said. Headquartered in Indianapolis with offices in Silicon Valley, Stellar aims to be a trusted partner for organizations looking to safely and securely deploy AI technology to achieve meaningful outcomes.
PYMNTS research has found that many companies are unsure of where they stand in regard to generative AI, but they still feel a pressing need to adopt it.
Sixty-two percent of surveyed executives do not believe their companies have the expertise to employ the technology effectively, according to “Understanding the Future of Generative AI,” a PYMNTS and AI-ID collaboration.
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