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.
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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.
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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 of the investments made in AI today, they fail, because we simply don't have good data, or the process isn't set up, or there's not data governance. So I think it's going to be able to just show what we will be able to reinforce with metrics and business outcomes. And I think that's going to be the key measurements and the value that we're bringing to the business. And hopefully, that shows up in the bottom line, the top line, and productivity.
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Mike, we've talked a lot about the Trusted Data Platform. But what we haven't talked about is security, and identity and security. How is that built into the platform? And what's your thoughts about that as you talk to customers as we roll out this platform?
Creating the data, creating the trusted data is incredibly important. But the other thing is that securing that data. And if you look at one of the most important and challenging attack vectors, is that people try to get in, if you go back in time, and look at all the ransomware and things that happen, what happens is people get in and take control of active directory. And so we have our Identity Defense Platform, which also protects our customers.
And so the fact is that you-- and obviously, within Quest, which, you're very familiar with. So a combination of having the trusted data products, as well as the ability to defend against people coming in and essentially stealing your data, like, that's what people want to get to. They want to get to the crown jewels of what is important to your business, and that's your data. And they either use ransomware and lock things up, or they exfiltrate that data. But so having the data created, having the data protected, I think that's two very important factors to the success of AI.
That's great. As a CIO, my job is to protect everything from soup to nuts, from the network stack all the way up to the technology stack of applications. And the security of data, the integrity of the data, the integrity of our active directory systems, all of that weighs on my mind every night when I'm going home and thinking about the business for the next day. So what you said to me kind of resonates with me as a CIO. That's what we should be talking to our customers about. But you're talking to me, and that's what's important to me.
All right, fantastic. And it's incredibly exciting to me, because we see this intersection. Like, the world has come together, and you've got data, but you need to protect it. And so we have this intersection and things coming together on what we offer. We offer, obviously, the Premier Data Products Platform, but we also offer the Premier Trusted Identity Defense Platform as well. So these are two fantastic products. And right now, this is front and center in the world. And with AI becoming, just proliferating, it's just really incredibly important that people have trusted data and that they protect it. So it's great to hear.
Two scalable platforms that can be used in an environment such as Quest, or for many of our customers.
Absolutely.
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