NEW BRAUNFELS, Texas - TaskUs, Inc. (NASDAQ:TASK), a provider of outsourced digital services, has announced a strategic partnership with V7, a training data platform, to optimize the creation of training data for AI product development.
This collaboration is set to benefit some of the world's largest technology companies by accelerating the delivery of training data, reducing production costs, and offering turnkey enterprise solutions.
The partnership aims to shorten development cycles for AI products, allowing enterprises to launch these products much faster. TaskUs will utilize its large pool of expert annotators, trained on V7's AutoML stack, to ensure rapid progression in projects with a human-in-the-loop approach.
By training its teams on V7's model-assisted labeling stack, TaskUs aims to expedite training data delivery and minimize ramp-up time for customer engineers, thereby reducing the costs associated with data production—a frequent factor in ballooning AI project budgets.
TaskUs and V7's joint solution is designed to meet the growing needs of enterprise AI projects. TaskUs boasts over 670,000 annotators skilled in handling industry-specific data types, including DICOM for healthcare projects. The solution integrates V7's data infrastructure, capable of managing vast quantities of image and video files, and includes over 25,000 Medical Expert annotators, among professionals from various other fields.
V7 continues to prioritize a security-first approach in data handling, ensuring that teams can keep all data within their own cloud storage, protected by certifications such as SOC2 Type 2, ISO 27001, GDPR, and HIPAA.
Phil Tomlinson, SVP of Global Offerings at TaskUs, expressed enthusiasm about the partnership, emphasizing its potential to revolutionize AI product development and speed up AI product launches. Alberto Rizzoli, CEO of V7, highlighted the partnership's ability to support AI and ML leaders in transitioning from R&D to production AI, thereby reducing time-to-deployment for their models.
The partnership represents the beginning of a shared vision to streamline and scale data annotation, with a collaborative go-to-market strategy that promises to expand their influence in the computer vision space across key industries. This announcement is based on a press release statement from TaskUs, Inc.
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