Synthetic Data: Big Data Industry Predictions for 2024

Our friends over at Mindtech have prepared a special set of compelling technology predictions for the year ahead surrounding the topic of synthetic data. The following Q&A style feature offers predictions from Steve Harris, CEO at Mindtech, the developer of the world’s leading end-to-end “synthetic” data creation platform for the training of AI vision systems. 

Synthetic Data: The Cure to Data Drift?

In this contributed article, Steve Harris, CEO of Mindtech, discusses how data drift is a growing problem affecting almost two-thirds of organizations. Synthetic training data is becoming richer, more diverse, and closely aligned to real world data and has emerged as a solution to overcome the potential of data drift.

USGIF Releases New White Paper: The Evolving Role of Synthetic Data in GEOINT Tradecraft 

Recent advancements in AI have created many opportunities in the GEOINT field, not only by improving imagery analysis techniques, but also by creating synthetic training data for AI algorithms to work more efficiently and accurately. Prior to the innovation of synthetic training data, human inputs would be needed for training AI algorithms.

How Synthetic Data can be Created and Utilized for a Wide Range of Use Cases in Healthcare

In this contributed article, Jonah Leshin, Head of Privacy Research at Datavant, discusses how we have seen a rapid increase in the digitization and standardization of health data. With this groundwork laid, more recently, there have been concerted efforts to connect siloed health data sources in support of more impactful use cases. Synthetic data serves as a powerful complementary tool for the analyses that these use cases require, bringing us closer to maximizing data utility within the healthcare ecosystem.

Synthesis AI Unveils Synthesis Labs, Showcasing Generative AI High-Res Text-to-3D Capabilities

Synthesis AI, a pioneer in synthetic data technologies, introduced Synthesis Labs, which showcases new generative AI capabilities that enable the development of text-to-3D technologies, with an initial focus on digital humans.

Synthesis AI Expands Product Offerings to Enable the Development of Advanced Human-Centric Computer Vision Models

Synthesis AI, a pioneer in synthetic data technologies, released Synthesis Humans and Synthesis Scenarios, two new products that represent the broadest and deepest offerings of human-centric synthetic data. Through a proprietary combination of generative AI and cinematic CGI pipelines, the Synthesis platform can programmatically create vast amounts of perfectly labeled image data at orders of magnitude increased speed and reduced cost compared to current approaches.

Synthesized Solidifies its Partnership with Deutsche Bank, Providing High-quality Synthetic Data for AI and ML Testing Purposes

Synthesized Ltd, a leading synthetic data generation platform, which provides engineering and data science teams a quick way to create and share trusted data through advanced machine learning and automation, announced that Deutsche Bank is investing in its next phase of growth and technology innovation development. 

Synthetic Behavioral Data for Analytics

In this compelling white paper, “Synthetic Behavioral Data for Analytics,” MOSTLY AI makes the case for Synthetic Behavioral Data. MOSTLY AI is the leading synthetic data company globally. Its platform enables enterprises across industries to unlock, share, fix and simulate data.

Introducing OpenSynthetics: The Community Hub Focused on Synthetic Data for AI Development

OpenSynthetics, an open community for creating and using synthetic data in AI/ML and computer vision, was launched to practitioners, researchers, academics, and the wider industry. OpenSynthetics is a dedicated community focused on advancing synthetic data technology with centralized access to synthetic datasets, research, papers, and code.

Synthetic Behavioral Data for Analytics

In this compelling white paper, “Synthetic Behavioral Data for Analytics,” MOSTLY AI makes the case for Synthetic Behavioral Data. MOSTLY AI is the leading synthetic data company globally. Its platform enables enterprises across industries to unlock, share, fix and simulate data.