Progress Software Unveils MarkLogic Server 12 with Enhanced AI Capabilities

Progress Software Corporation (NASDAQ:PRGS) has announced the availability of MarkLogic Server 12, a new release that brings advanced semantic search and Retrieval-Augmented Generation capabilities to help organizations ground generative AI in their own data for more secure and accurate results. The new features include vector search, BM25 relevance ranking, and fast, cost-effective data retrieval on-premises and in the cloud. Management noted that Proof-of-Concept customers saw a 33% improvement in large language model response accuracy and faster information discovery.

Progress Software Corporation (NASDAQ: PRGS) has announced the availability of MarkLogic Server 12, a new release that brings advanced semantic search and Retrieval-Augmented Generation (RAG) capabilities to help organizations ground generative AI in their own data for more secure and accurate results. The new features include vector search, BM25 relevance ranking, and fast, cost-effective data retrieval on-premises and in the cloud. Management noted that Proof-of-Concept customers saw a 33% improvement in large language model response accuracy and faster information discovery.

The new release of MarkLogic Server 12 is designed to address the challenges of integrating generative AI with existing enterprise data. By leveraging semantic search and RAG, the platform aims to enhance the accuracy and relevance of AI-generated responses by grounding them in the context of the organization's own data. This approach helps to mitigate the risks associated with relying solely on external data sources, such as privacy concerns and potential biases.

The new features of MarkLogic Server 12 include:

- Vector Search: This capability allows for efficient and effective search based on the semantic similarity of data points. By using vector embeddings, the platform can provide more accurate and relevant search results, even for complex queries.

- BM25 Relevance Ranking: BM25 is a widely-used ranking function in information retrieval that considers the term frequency, inverse document frequency, and length normalization. This feature helps to improve the relevance of search results by giving more weight to relevant documents.

- Fast, Cost-Effective Data Retrieval: MarkLogic Server 12 offers fast and cost-effective data retrieval options, both on-premises and in the cloud. This allows organizations to leverage their existing data infrastructure while taking advantage of the scalability and flexibility of cloud-based solutions.

The new release also includes enhancements to the platform's data management capabilities, including improved support for JSON and XML data formats and enhanced data integration features. These improvements aim to make MarkLogic Server 12 a more versatile and powerful tool for organizations looking to leverage generative AI in their data management strategies.

In summary, Progress Software Corporation's MarkLogic Server 12 represents a significant advancement in the integration of generative AI with enterprise data. By offering advanced semantic search and Retrieval-Augmented Generation capabilities, the platform aims to provide organizations with more secure, accurate, and relevant AI-generated responses. The new release is expected to have a positive impact on the company's financial performance, as evidenced by the improvements seen in Proof-of-Concept customer results.

References:

[1] https://www.dataversity.net/how-generative-ai-is-revolutionizing-training-data-with-synthetic-datasets/