Mike, there's a great new product out. It's the Quest Trusted Data Management Platform. What does that mean for organizations?
Well, Greg, so the Quest Trusted Data Management Platform is a new product that we've brought out. It's what I consider a revolutionary product in the business. So people are using data to fuel AI. Everyone wants to roll out their AI efforts and make use of all the new tools within AI. However, that's only as good as the data that you can actually feel the AI models with.
And the Quest Trusted Data Management Platform is the basis of a product suite that we have, including what we've also launched, which is the first product that runs on that, which is our automated data products factory. This is a foundation of a really new way that we're looking at things, using AI and using natural language models to basically create data products, or reuse data products that a customer may already have built. So there are, for example, if you go and talk to some of the major businesses out there, customers of ours, some of them have 20,000-30,000 models that they're actually using out there, and they have a whole catalog of all these data products, but they have no real way of knowing if they're reusing them, or if they're recreating the same model. So this platform actually does a great job of identifying the data the customer needs to basically build their AI models and to really have an effective launch of their AI products.
[MUSIC PLAYING]
Well, we've heard a lot about customer friction and problems that comes along with AI-ready data. How does this solve that problem?
The challenge that you have in creating an AI product that is a solution that is actually really effective, is actually starting with the data. An AI model is only as good as the data is based off of. And so you need to get that trusted data, and have that trusted data, that you can have secure trusted data to feed those models. And that's really the fundamental basis of what you need. And this tool creates a much more effective, valuable way to create that data.
Excellent. Mike, another question, what's unique about the Trusted Data Management Platform?
What's really unique about it is, first off, it's a platform. So it's a foundation of what we're going to be delivering now and in the future, which is a multitude of different products that are going to help people create all their data solutions. So the first piece of that, as I mentioned, was what we call our automated data products factory. And that's a natural language, AI-based tool that you use to basically put in a natural language query and create, or find the right data products that you want to use in whatever you're doing.
But ultimately, this platform, we're going to bring out our modeling tools, we're going to bring out our observability tools, and they're all going to be one piece of this platform. So you can basically have a one-stop-shop that you basically can deal with all of your data needs and your data observability, and it's the foundation for the future for Quest and for our customers in getting into the next generation of what you need to do to get data solutions.
You think customers are going to get excited about the platform?
I think customers are going to be incredibly excited. We've already received feedback from early adopters and people who have actually seen the platform. The feedback is just this is where it needs to be. This is, we're first to market, absolutely leading the industry in this space.
And you know, everyone who's-- there's a huge struggle right now to get people's data aligned with what they want to do in AI. It's a huge challenge. And it's going to become overwhelming for some people. And this really brings all the horsepower, the intelligence that people need to get their job done. And so the excitement level is incredibly high. I think that people are going to look at this, see this, and go like, this is absolutely what we've been looking for, begging for, and they're going to be incredibly excited about it.
[MUSIC PLAYING]
So, Greg, if you're talking, like you, you're going to use this platform, obviously, in what you do and what we're doing internally at Quest. Now, if you're talking to one of your peers about the new platform, how would you get them excited about it?
Well, Mike, I think you know, a CIO-- and I've always said this at other companies I've worked with-- are always at the intersection of all the business processes that companies have. And so CIOs are there to help enable businesses and business outcomes, bring value to what you do with data and technology throughout the environment. So really, I'm going to be talking about that to my peers because that's what we all are there for. And so when I talk to a fellow CIO, I'm going to talk to them about his or her problems, and what they're dealing with, and business issues, and the outcomes they're trying to achieve, and what a platform like this that's integrated, like a converged platform, that will allow them to move quicker, have data integrity, and trusted data.
Fantastic. So if you were to go a year from now, you've talked to your peers in the industry, they're excited, they're using the platform, what would you say a year out from now you envision this holds as far as value for all your peers, and even potential customers that we're working with? Where do you see the value?
Well, I'm hoping the value is in the integrity of the data and the investments that those customers, or my organization, or our organization is making, is we're having a return on that investment. A lot
08:25