What is Elara
Elara is a business insights platform that uses AI and advanced mathematics to unlock the full potential of business operations. With the Elara platform, Developers can create code-based prescriptive solutions which ingest data and automatically apply
Machine Learning, Modelling and Simulation and Mathematical Optimization to prescribe business insights. Business users and/or systems interact with the Elara platform through a Web UI, or API, and embed business improvement by actioning insights in decision making.What technical features does Elara offer?
The
Elara Development Kit and Elara platform provide the end-to-end features necessary to create, deploy and manage prescriptive solutions.| Feature | Description |
|---|---|
| Data-driven business modelling | Use a data-oriented business language to digitize a business from high level definitions and available live or offline system data. |
| AutoML | Effortlessly train and use cutting-edge Automated Machine Learning models to further simplify modelling. |
| Generative AI | Embed Generative AI (LLM) into solutions and effortlessly combine with other technologies including AutoML, simulation and optimization. |
| Probabilistic Simulation | Automatic simulation recreates what happened within the business in the past and predicts what is likely to happen in the future. |
| Scenario analysis | Add, remove, or change parts of the business almost instantly and see how this would change the business and performance. |
| Mathematical Optimization | Automatic mathematical optimization calculates what actions to take to achieve the best possible business performance. |
| API or Web UI Integration | Insights, metrics and every data point is observable through a Web-UI or into other digitals systems via the API. |
| Templatised Digitisation | Reuse templatised solutions, each solution is reusable and can be combined with other solutions to create other solutions. |
| Developer tools and CLI | Solutions can be created, deployed, and managed with the libraries and a CLI available in npm.org. |
Next steps
Now that you understand the capabilities of the Elara platform at a high-level, continue to the next tutorial to understand the benefits of using Elara.