Dear friends and clients,
I’m thrilled to share some exciting news with you. Peachtree AI is joining forces with Search Discovery, and we have entered into an agreement to be acquired.
We started Peachtree AI because we knew people needed to put artificial intelligence to work but had no idea where to begin. Our first clients partnered with us to explore the value of industrial artificial intelligence. Today, we empower executives and data scientists with winning AI strategies and full-service solutions. We are excited to join forces with Search Discovery to bring these offerings to enterprises around the world.
Together, Peachtree AI and Search Discovery will guide our clients at every step along their data transformation path. From the first inkling of a data strategy to the systematic deployment of intelligent machine resources, our executable strategies will build deep, measurable impact and scale organizational capacity. The acquisition of Peachtree AI will help our clients:
- Accelerate roadmaps to AI. Organizations who intend to use AI often stumble because they don’t have the data capability to do so: Their data are too noisy, fail to measure their core concepts, and do not exist in a structure appropriate for machine learning. Search Discovery’s expert data and cloud engineering team leverages partnerships with industry-leading CDPs to bridge the data capability gap in a matter of weeks, not years. This will let clients get to data science on their timeline, not the data’s.
- Access needed capabilities to solve difficult problems. The application of machine learning and AI to problems in marketing and sales will separate the leaders from the rest of the pack. Nonparametric methods of prediction, instantaneous algorithmic decision making, and intelligent agents (such as chatbots) present expansive opportunity in many use cases, including customer segmentation, customer experience improvement, behavioral prediction, lead qualification, activation, A/B experimentation, dynamic resource allocation, pricing, optimization, and SEO.
- Expand opportunities for data literacy. Understanding the various aspects of data and AI is critical to maximizing the benefits of data. However, executives are usually under-equipped to identify and compete on data science opportunities: Even when they are given professional development resources, managers and tech talent struggle to find a curriculum that can provide them with training in data science. Search Discovery offers a complete approach to developing data literacy at every level of an organization.
Our mission remains the same. We believe the future, enabled by the technology of artificial intelligence, is full of potential, and we endeavor to make the world a better place by helping our clients understand and integrate these cutting-edge technologies. Business will be enriched by productive interaction between people and artificial intelligence, each of which supports the other to make the world more prosperous. The way forward is to help our clients – technological mavens in their industries – understand the benefits, appropriate use cases, and strategies for AI.
Our cloud services, solutions, and retainers will remain in effect. Moreover, our open source code – which has grown to a well-forked network of more than 70 contributors – will remain publicly available. Both Peachtree AI and Search Discovery share an appreciation of the open source community and wish to give back to it with substantial contributions to the R- and Python-based data science packages we use on a daily basis.
This acquisition also renews our commitment to fostering an environment that is inclusive of and engaged with the metropolitan Atlanta area. Peachtree AI and Search Discovery are both Atlanta-based companies, and we believe it is the perfect location in which to grow the AI revolution.
We are excited to share more about what we’ll be working on together in the coming months.
Joe Sutherland, President of Peachtree AI