Acentrik Version 3.0 Now LIVE in Production

Acentrik Version 3.0 Now LIVE in Production – Powering secure data exchanges with our SaaS solution.

By Team Acentrik

Published on

July 18, 2024

We are excited to announce that Acentrik Version 3.0 is now LIVE in production as a SaaS offering to global organizations!

This release unlocks powerful cross-regional data analytics with a user-friendly experience for global enterprises and government institutions. These new features are developed in response to interviews and surveys with our current users – Acentrik Version 3.0 is set to transform data exchanges globally.

Let’s deepdive further into these new release features, through the specific lens of real-world challenges that each feature aims to solve.

Challenge #1:
I am a data researcher who needs access to vast and varied datasets to train my AI models. How can I collaborate without compromising data privacy?

Solution:
Federated Compute for collaborative and privacy-preserving AI training.

For data scientists and AI engineers, accessing diverse datasets and implementing use cases while adhering to privacy and regulatory constraints is challenging. Acentrik V3.0 introduces Federated Compute, which is an extension of Acentrik’s key feature of Compute-to-Data.

This new feature refers to multiple compute jobs performed across siloed data in various geographical regions, enabling collaborative AI training while keeping data at its source. It is particularly beneficial in sectors like healthcare, where insights from multiple sources are crucial for predictive analytics but are sensitive in nature.

Challenge #2:
As an organization looking to leverage Web3 for data sharing, I find the technology complex. How can I use it without going through its intricacies?

Solution:
Web2 experience while leveraging Web3 benefits.

While many organizations see the potential and benefits in Blockchain Technology, the complexity of Web3 can be a deterring factor for enterprises and government institutions. Acentrik V3.0 turns this into an opportunity by offering a Web2 user experience while enabling users to reap the benefits of Web3.

This includes features like email-based OTP logins and organizational wallets, allowing users to engage with the platform seamlessly – minus the need for handling Web3 wallets and tokens.

Challenge #3:
As a data provider, how can I leverage on data monetization opportunities while aligning with my organization’s billing process?

Solution:
Flexible billing option of post-payment.

Organizations can unlock the secondary value of data by monetizing from it, creating new business models and revenue streams. Acentrik V3.0 unlocks this opportunity for them while enabling seamless integration with their requirements through a post-payment billing option. This allows organizations to choose how they charge for their data – whether pay per order or pay per download – aligning with their business strategies. By enabling charges based on usage and selection of preferred currencies, this feature supports organizations on their data monetization journey.

Challenge #4:
As an organization, I would like to execute my data strategies through Acentrik and integrate with my existing data infrastructure. How can Acentrik support these needs?

Solution:
Infra-agnostic and fast deployment with Acentrik’s SaaS model

Acentrik is cloud and infra-agnostic, which is a turnkey solution for organizations to deploy and integrate with their existing data infrastructures. Based on a scalable SaaS model, Acentrik is designed to cater to both governments and enterprises globally. This flexibility not only allows for quick deployment – getting platforms operational within weeks – but also supports the creation of diverse business models tailored to different industry needs. The platform’s domain-agnostic nature ensures it can serve a wide array of industries effectively. Managed through a SaaS management portal, the platform streamlines user, group/organization and instance management, facilitating a secure and customized environment for executing data strategies.

Be part of the journey with Acentrik V3.0

Acentrik V3.0 represents a step forward in how organizations exchange data. With these new cutting-edge features, it showcases how one horizontal technology can be applied for various use cases: internally, to develop a data exchange platform as part of enterprise’s data strategy execution; externally, to drive data sharing and monetization with specified key industry players within a domain or region; and custom purposes, enabling organizations to build their own data communities, scalable to various participants to share and benefit from data exchanges.

If you’d like to learn more about Acentrik’s technology, you can find more information in this whitepaper.

To discover more about how Acentrik V3.0 can transform your organization, or to see it in action, schedule a consultation with our team.