SAP partners with HeroX to launch Data Anonymization Challenge. The best contributions will be rewarded up to $60,000 in cash prizes. To find out more please visit www.herox.com/SAPAI
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September 4, 2019
Toronto, Ontario:
SAP partners with HeroX to launch Data Anonymization Challenge awarding up to $60,000 for the winning solution.
SAP and HeroX are Looking for Your Solutions to Protect Personal Privacy in a new Data Anonymization Challenge.
AI-powered applications are being introduced in organizations across the globe every day. However large barriers for adoption still remain. One significant challenge is a lack of useful, authentic data to train AI without sufficient tools to ensure the privacy of the training data. It’s problems like these that SAP wants to tackle in its latest SAP Innovation Center in Newport Beach.
“Solving the most challenging issues facing the world today requires collaboration and an open-innovation approach. SAP is proud to partner with HeroX to leverage the power and speed of our ecosystem to advance enterprise AI and invite technology experts and innovators from across the globe to join innovation efforts,” said Max Wessel, Chief Innovation Officer at SAP.
To accomplish SAP’s commitment to solving the fundamental challenges of enterprise AI technology, like data anonymization, SAP is embracing a new approach to harness the ideas of the global technology community. SAP has teamed up with crowdsourcing innovation firm HeroX to launch a prize competition for innovators. The best contributions will be rewarded with an overall prize money of $60,000 and the winning solutions will be open-sourced for further refinement and use in all disciplines.
“The power of global collaboration to solve the world’s most pressing problems is HeroX’s core belief. SAP’s Data Anonymization Challenge demonstrates the power of crowdsourcing to unite industry experts, researchers, and students to create the future of disruptive AI technologies,” said Christian Cotichini, CEO and Co-Founder of HeroX.
The challenge tasks solvers to propose innovative solutions to anonymize semi-structured data. In current business processes, many pieces of information are still transferred using photocopies of documents like invoices, sometimes even with handwritten notes or containing other semi- and unstructured data. Translating this data into structured data is critical for further analysis and processing. In order to improve the accuracy of machine learning-based automation, hundreds of thousands of real data points are required. To use this data for training, there is a need to be able to ensure the utmost data privacy of personally identifying information. Innovators are challenged to provide solutions that enable anonymization without compromising the results of machine learning. Identifying scalable and transferable techniques for secure data anonymization within semi-structured data will accelerate the progress of enterprise AI and open source innovation.
To find out more please visit herox.com/SAPAI
To learn more on how AI will help your organization visit the SAP Blog
About SAP:
As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. SAP’s machine learning, Internet of Things (IoT) and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. SAP simplifies technology for companies so they can consume our software the way they want — without disruption. Our end-to-end suite of applications and services enables more than 437,000 business and public customers to operate profitably, adapt continuously and make a difference. With a global network of customers, partners, employees and thought leaders, SAP helps the world run better and improve people’s lives.
For more information please contact:
Florian Kunzke,
Phone: +49 151 1719 5335
E-mail: [email protected]
Visit www.sap.com
About HeroX:
HeroX was co-founded in 2013 by XPRIZE founder Peter Diamandis, challenge designer Emily Fowler and entrepreneur Christian Cotichini as a means to democratize the innovation model of XPRIZE.
The HeroX platform is an open ecosystem of solvers that our clients turn to when tackling any problem. The HeroX platform creates value by matching solvers with consumers to co-create innovative thinking. HeroX exists to enable anyone, anywhere in the world, to create a challenge that addresses any problem or opportunity, build a community around that challenge and activate the circumstances that can lead to breakthrough innovation.
For more information,
Tonie Granata
Phone 1 647 533-6794
Email: [email protected]
Visit www.herox.com
Contact Info:
Name: Kal Sahota VP of Possibilities
Email: Send Email
Organization: HeroX
Address: 1991 West 42nd Avenue,, Vancouver, BC V6M 2B2, Canada
Website: http://www.herox.com
Source: PressCable
Release ID: 88913555
