Strategic alliance finalized between Sopra Steria and Fraunhofer IAIS
Alrighty, let's get down to the nitty-gritty of this partnership between Sopra Steria and Fraunhofer IAIS, shall we? These European heavyweights are joining forces to supercharge Europe's digital independence! Here's the lowdown on what's going down.
Any guesses as to the ultimate aim of this partnership? It's all about providing quick access to top-tier European tech to different industries, thereby boosting Germany and Europe's digital sovereignty.
Sopra Steria and Fraunhofer IAIS have already collaborated on numerous projects, particularly in healthcare and finance, and they're now taking things to the next level. Their goal? Developing AI solutions that align with the European legal framework, thus providing an edge to businesses and public administration.
So what can we expect from this power duo? They're gunning for human-centric AI solutions that'll catalyze a sustainable digital transformation in the economy and society. For instance, they'll personalize and tailor AI language models to fit the unique needs of various economic sectors. And they'll employ forward-looking technologies like Agentic AI to streamline workflows and enhance decision-making processes for businesses and administrations.
Frederic Munch, CEO of Sopra Steria Germany, says it best: "Our partnership with Fraunhofer IAIS is a strategic alliance brimming with potential. With this alliance, we can develop state-of-the-art solutions for our customers' complex requirements."
Dirk Hecker, deputy director of Fraunhofer IAIS, agrees: "AI and Agentic AI are the building blocks for many industries' core processes in the future. We're thrilled to deepen our strategic cooperation with Sopra Steria—a partner that truly understands the needs of the economy and administration for digital solutions."
A major focus of this collaboration centers on groundbreaking solutions for the finance industry. Sopra Steria and Fraunhofer IAIS are already tackling projects that integrate AI to prevent fraud and automate regulatory testing processes. In the long run, they aim to create a proprietary, GDPR-compliant language model specifically for banks and savings banks.
Martin Stolberg, Head of Banking at Sopra Steria Germany, emphasizes, "By combining European leading technology and decades of industry experience, there's a tremendous opportunity to significantly accelerate digitalization in the financial sector."
So, what's the final word? This partnership is a bridge between cutting-edge research, start-ups, and businesses, forging an innovation ecosystem that strengthens Germany and Europe's economic landscape in the long run. As Darius Selke, Head of Marketing, Corporate Affairs & Ventures puts it, "Our goal is not just to talk about technologies, but to implement them where they can make a real difference."
About Sopra Steria:Sopra Steria is a leading European tech player with nearly 51,000 employees in 29 countries. With deep expertise in consulting, digital services, and solutions, they help businesses and authorities become more competitive and efficient, leveraging innovative technologies and a collaborative approach.
About Fraunhofer IAIS:Based in Sankt Augustin/Bonn and Dresden, Fraunhofer IAIS is a leading scientific institution in AI, Machine Learning, and Big Data in Germany and Europe. With around 380 employees, they support businesses in optimizing products, services, and processes, and in developing new digital business models.
Stay tuned for more updates on this exciting partnership and Europe's digital future! 💻🤖🌐
The partnership between Sopra Steria and Fraunhofer IAIS aspires to develop AI solutions that align with the European legal framework, offering an edge to European businesses and public administration. With a focus on groundbreaking solutions for the finance industry, they are working on integrating AI to prevent fraud, automate regulatory testing processes, and create a proprietary, GDPR-compliant language model specifically for banks and savings banks.
The collaboration between these organizations aims to foster an innovation ecosystem, bridging cutting-edge research, start-ups, and businesses, thereby strengthening Germany and Europe's economic landscape in the long run. By developing human-centric AI solutions and employing forward-looking technologies such as Agentic AI, they aim to catalyze a sustainable digital transformation in the economy and society.
