ePlus Announces AI Ignite: Artificial Intelligence Assessment, Enablement and Implementation Offerings
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Insights
The introduction of AI Ignite by ePlus represents a strategic expansion into a growing market for artificial intelligence solutions and services. As businesses increasingly look to leverage AI to gain competitive advantages, the demand for comprehensive services that guide organizations through the entire AI adoption process is escalating. ePlus's suite, which includes services from initial assessments to full implementation and support, is designed to meet this demand head-on.
From a market perspective, ePlus's offering is well-positioned to capitalize on the burgeoning AI-as-a-Service (AIaaS) market, which is expected to grow significantly. The unique selling proposition of providing scalable solutions tailored to various stages of AI readiness could differentiate ePlus in a crowded marketplace. The financial implications for ePlus hinge on the successful adoption and customer satisfaction of AI Ignite, which could lead to recurring revenue streams and expand its market share.
AI Ignite's focus on infrastructure builds and modern platform management is crucial given the intensive computational requirements of AI workloads. The mention of NVIDIA DGX BasePOD indicates a partnership with a leading provider of AI computing platforms, which suggests that ePlus is serious about offering high-performance AI infrastructure. The move towards Storage-as-a-Service (STaaS) for AI workloads is particularly noteworthy, as it aligns with the industry trend towards flexible, consumption-based pricing models and could be a game-changer for organizations with fluctuating data storage needs.
Furthermore, the establishment of an AI innovation lab indicates a commitment to fostering AI development and innovation. This lab could serve as a hub for collaboration and experimentation, potentially leading to the development of proprietary AI applications that could create additional intellectual property and revenue streams for ePlus.
ePlus's launch of AI Ignite could be seen as a strategic investment aimed at driving long-term growth. The service suite's potential to generate new revenue is significant, particularly given the service-level agreements (SLAs) that promise performance, availability and energy efficiency. Such SLAs can be attractive to organizations wary of the risks associated with AI implementation. By offering a scalable and consumption-based cost model, ePlus may attract a wider range of clients, from those that are 'AI Curious' to 'AI Mature.'
Investors should monitor the adoption rates of AI Ignite and client feedback, as these will be critical indicators of the suite's performance and its impact on ePlus's financial health. The company's stock value could benefit from positive market reception and the successful deployment of these services.
Provides support throughout the AI journey to assess and build infrastructures that provide scalable processing performance, data management, and security
Whether an organization is AI Curious, AI Ready, or AI Mature, the variety of solutions and services offered by ePlus will enable it to explore, build, adopt and optimize AI applications.
AI Ignite provides a suite of AI-focused offerings supporting different customer needs across various stages of readiness, including an envisioning workshop, readiness assessments, data strategy assessments, infrastructure builds, modern platform management and implementation and ongoing support services. These services include:
- Design and Implementation Services: ePlus offers comprehensive design and deployment services for AI infrastructure tailored to organization-specific use cases and requirements. The result is a customized plan for implementing infrastructure solutions such as NVIDIA DGX BasePOD that precisely fits the demands of an organization's AI workloads, for seamless integration with existing systems that can help maximize performance and efficiency.
- Advanced Support Services for AI Infrastructure Solutions: ePlus offers support and maintenance services for NVIDIA DGX BasePOD and other customized AI infrastructure solutions, along with monitoring, updates, and troubleshooting to enable AI infrastructure to perform at optimal levels. As a Certified NVIDIA DGX Ready Managed Services Provider, ePlus brings proven expertise and a commitment to excellence in managing NVIDIA DGX environments.
- Storage-as-a-Service (STaaS) for AI Workloads: To meet the unpredictable storage requirements of AI workloads, ePlus offers an on-premises storage platform that requires no upfront investment, provides consumption-based cost models, and on-demand burst capacity. With financially-backed Service Level Agreements (SLAs) for performance, availability, and energy efficiency, organizations can streamline their data management processes, reduce costs, and enhance their overall AI workflow.
- Data Modernization Services: In preparation for AI initiatives, ePlus offers data modernization services focused on aligning a data strategy with each organization's specific AI goals, breaking down data silos, and adopting a modern data platform. Aligning business initiatives and data governance helps set up your AI initiatives for success.
To further support customers' AI development and innovation needs, ePlus is also building a state-of-the-art AI innovation lab designed to facilitate customer proofs-of-concept, deliver workshops and trainings, and support internal development of GenAI applications.
"There is a significant gap in AI knowledge and readiness among organizations, and ePlus' experience in areas critical to the success of AI, including data storage and security, make us the ideal partner to help bridge that gap," said Mark Marron, CEO and president, ePlus. "With AI Ignite, ePlus is providing a comprehensive suite of services that cater to the diverse needs of organizations at any stage of their AI journey. Our specialized expertise can help organizations de-mystify AI by assessing their environments, reviewing related considerations, suggesting appropriate design and support, and helping to implement or maintain it."
"AI applications demand enormous speed and low latency, which makes having a scalable and well-tailored infrastructure design a critical factor for success," said Ken Farber president of ePlus Software, and leading partnerships, marketing and strategy at ePlus. "AI Ignite goes beyond building AI infrastructure by helping ensure excellence in performance, facilitating faster insights and operational efficiency, and empowering organizations to unlock the full potential of AI to drive meaningful business outcomes."
For more information about ePlus AI Ignite, visit www.eplus.com/AI.
About ePlus inc.
ePlus has an unwavering and relentless focus on leveraging technology to create inspired and transformative business outcomes for its customers. Offering a robust portfolio of solutions, as well as a broad range of consultative and managed services across the technology spectrum, ePlus has proudly achieved more than 30 years of success, carrying customers forward through adversity, rapidly changing environments, and other obstacles. ePlus is a trusted advisor, bringing expertise, credentials, talent and a thorough understanding of innovative technologies, spanning security, cloud, data center, networking, collaboration and emerging solutions, to organizations across all industry segments. With complete lifecycle management services and flexible payment solutions, ePlus' more than 1,850 associates are focused on cultivating positive customer experiences and are dedicated to their craft, harnessing new knowledge while applying decades of proven experience. ePlus is headquartered in
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Forward-Looking Statements
This press release contains information about management's view of ePlus' future expectations, plans and prospects that are not historical facts and may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties. Certain risks and uncertainties that may affect such "forward-looking statements" are detailed in our reports filed with the Securities and Exchange Commission, especially under the heading "Risk Factors". All information set forth in this press release is current as of the date of this release and ePlus expressly disclaims any duty or obligation to update this information, except as may be required by law.
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