Thousands of companies managed to create important technological advances in 2020, despite the COVID-19 epidemic.
AI startups across the world are able to provide some novel solutions. These ideas ranged from enhancing customer service to increasing hospital efficiency.
We’ve created a list of 10 promising artificial intelligence businesses to keep an eye on in 2021 in this blog article.
Reekon is a semi-independent artificial intelligence-powered customer care automation platform. The firm, which was formed in 2020, wants to assist businesses with their IT customer queries and e-commerce.
This technology enables businesses to automatically produce responses and address consumer inquiries. This method makes use of previous consumer questions about services and products to create actionable insights.
Furthermore, Reekon’s platforms effectively interface with a variety of customer support applications, like Fresh Desk, WooCommerce, and Zendesk, to help automate client requests.
Overwrite, a Singaporean business offers a platform for adaptive learning. This platform uses machine learning to personalize users’ learning development (ML). They want children to be able to study and flourish regardless of their socioeconomic status.
Personalization is taken a step further by the company, which creates learning content based on people’s skills and shortcomings. Finally, it provides extensive data on user progress.
WhiteBox HR, a business located in the UAE, creates machine learning algorithms for talent recruitment and administration. Despite progress, there is still a long lot of room for improvement in gender equality. The startup’s goal is to combat gender inequality by removing recruiting bias in businesses and assisting them in focusing on gender balance while hiring.
The firm uses AI and data to improve employee happiness by augmenting the work experience. Aside from that, it promotes stakeholder involvement, optimism, and productivity.
CheXRad is a deep learning-based X-ray tool for radiologists developed by Accrad, a South African business. To forecast illness signs, the method compares X-ray images to healthy scans.
CheXRad can significantly shorten the time it takes radiologists to interpret images while also improving accuracy. Furthermore, the solution is developed with quality training data collected on a wide scale.
CheXRad’s diagnostic imaging advancements enable clinicians to quickly identify disease signs and forecast possible health issues. AI is critical in allowing physicians to focus mostly on patients instead of reporting.
TeX.ai, a firm located in the United States, creates AI-enabled tools for text extraction, categorization, and summarization. Based on structured data, it cleans unstructured data, the firm uses AI, deep learning, and NLP to deliver actionable insights.
The startup analyses word pairings from different data sources using AI algorithms. They then utilize it to find cost-cutting or process-improvement possibilities.
The resulting system is multilingual and capable of processing text from various forms such as reports, text messages, emails, phone calls, and so on.
Delta AI, a firm in Australia, uses artificial intelligence to differentiate between deep fakes and reality. It uses machine vision to create social media intelligence services to help companies understand the value of delighted consumers.
They scan social media footage using their platform and then show sections of the video which are undetectable to standard, text-based search. This service attempts to help companies make accurate strategic business decisions.
Delta’s AI algorithms analyze real-time data to generate contextual insights that can provide a more complete picture of how items are utilized throughout the world.
Anodot, a United States business founded in 2014, is a platform designed for analytics. It continually analyses every business aspect using machine learning and artificial intelligence methods. It uses structured metrics data and unstructured log data to generate real-time warnings and projections.
Anodot had also been named one of the Top 25 Machine Learning Startups to Watch in 2020 by Forbes. Furthermore, it has much more than 100 customers in the digitalization industries.
Dataiku is a French AI and ML business that was founded in 2013. The firm unveiled its Data science studio in 2014. It is a commercial application ‘predictive modeling’ program.
The company’s goal is to bring together engineers, scientists, and data analysts to build self-service analytics and to operationalize ML. It already boasts a few of the world’s largest corporations as clients, including Unilever, Comcast, and General Electric.
Google’s parent firm, Alphabet Inc, also became a shareholder in the company in 2019, elevating it to unicorn designation. It is positioned as a Leader in Gartner’s 2020 Magic Quadrant for Data Science and Machine-Learning Platforms.
Eightfold.ai, located in California, was founded in 2016 as a deep learning specialist with the aim of “Right career for everyone in the world.”
The talent analytics platform managed by the firm controls the entire talent lifecycle of businesses. It employs AI in some of the most efficient ways to maintain best performers, upskill and reskill personnel, efficiently attract top talent, and achieve diversity goals for businesses.
The business from the United States also has been designated one of Forbes’ Top 25 Machine Learning Startups to Watch in 2020.
Frame AI is a business that was established in 2016 and has created a collaborative chat platform. They intend to create and strengthen business discussions. The platform is indeed a constant monitoring solution that turns the client voice into an operational tool to influence data-driven CX automation objectives.
Natural language processing (NLP) is used by the business to comprehend and empower businesses to respond to their consumers. They grow their offering across the numerous customer communication channels and make them useful.
AI companies are now the forerunners of innovation during the last century, and innovation has always been the foundation of humanity’s amazing growth. They have addressed numerous difficult challenges that have plagued civilization.
This blog only scratches the surface of the most intriguing AI startups right now. However, there’s also a plethora of companies focusing on advancements in many fields of AI.