Artificial Intelligence - Reshape The Future!

How is your company positioned in this future market?

AI is the ability of machines to show human-like intelligence through the collection and analysis of enormous digital information that enables these machines to perceive, self-learn, reason, and make decisions like humans. 

While the fantasy for AI has been there for over five decades, it has attracted considerable eyeballs in recent times thanks to the necessity for advancement in the areas of machine translation, object perception, and object recognition. The increasing prominence and adoption of AI have been further supported by the availability of big data, high-powered computing tools, cloud compounding, and advances in algorithms. These self-learning technologies are transforming almost every business vertical from healthcare to retail to financial services, bringing along new business models.

AI is steadily beginning to showcase real-life business benefits, but adoption is still in its infancy. This delay makes it challenging to evaluate the real potential impact and economic benefit, translating into a vast variance in gauging the actual market size. The estimation of the AI industry size by 2025 would mostly range between USD36 billion and USD200 billion. 

Artificial Intelligence encompasses all the capabilities to reshape the future fundamentally; there remains significant uncertainty over the intensity and timing. Nevertheless, AI has slowly started to move out of research labs and into the real world. While it would be very early to predict the true potential of AI, it will have a positive impact on global problem areas such as mobility, healthcare, education, agriculture, security, poverty, and resource management. 

Big data integration, high-performance computing tools, increased productivity, diversified application areas, and increased customer satisfaction will mainly drive the artificial intelligence market. However, lack of a skilled workforce, a potential challenge to human dignity, and other security threats might act as a hindrance to restrain the market growth. 

Nonetheless, I anticipate that the impact of these factors is limited, considering the enormous value proposition AI could bring in the human’s life. According to Accenture estimates, companies with AI capabilities have the potential to increase their realizable productivity by a minimum of 40%.

Many research agencies and experts have tried to categorize the AI market based on its technology and application. Right now, there is no consensus on distinct segments due to the lack of boundaries and working areas to outline a particular application. 

Some of the standard technology systems that come under the AI universe are; machine learning, deep learning, natural language processing, robotics, and autonomous vehicles, computer vision, virtual agents, text analytics, and speech recognition. Within these, machine learning and its subset, deep learning, are the frontrunners and have attracted tremendous interests and investments from across the investor and business fraternity. 

Though investment in AI is still in the nascent stage, they are growing fast, as investors are becoming more familiar with the industry and have started getting a better understanding of the technology and its future potential. Big tech giants have also been actively investing in their R&D development and acquiring AI start-ups, acquiring the latter’s disruptive technology, clients, and the most important of all, their talents. 

The capability demonstration of AI across the full range of business applications has been encouraging and shows a glimpse of futuristic business dimensions. Early adopters of AI in many sectors are starting to reap benefits across several fronts, from customer servicing and marketing to manufacturing and regulatory compliance, AI can touch every possible aspect which could add value to the system. 

Artificial Intelligence is an enabler for organizations that are leveraging artificial intelligence to extract valuable insights from a large set of data for providing innovative products and improving customer experience. From driving sales and customer engagement to enhancing product features to generating new ideas and enabling new business models, artificial intelligence is redefining the way the business is run and gradually becoming an integral part of any business. 

With riding on billions of dollars of investment and skilled workforce around the world, the AI industry will continue to fulfill its transformative potential. It will shape the broader industry landscape in the coming decades. The AI revolution is now knocking on the doors, and the companies who will soon embrace it will position themselves to flourish in an environment, redefined by artificial intelligence.

Whether you run an AI company or you like to understand the impact, the opportunity and risk of AI for your business - get a 360° view of your industry and the AI sector. Unravel the world of AI with us for a better understanding of market dynamics and equipping yourselves to make informed business decisions.

Stephan

https://stephanhorvath.com

Services:

• AI landscape mapping
• Comprehensive industry report
• Market segmentation and sizing
• Deep-dive analysis
• Identification of key growth drivers and challenges
• Market opportunities assessment
• Competition evaluation and benchmarking
• Industry forces analysis

AI Company list (in alphabetic order):

AEYE

Develops advanced vision solutions for autonomous vehicles. 

www.aeye.ai

Afiniti 

An applied artificial intelligence solutions provider. 

www.afiniti.com 

AiCure

Develops clinically-validated artificial intelligence technologies to optimize patient behavior and medication adherence. 

www.aicure.com

Algolia

Offers a search platform for businesses to help connect them with their customers/users. 

www.algolia.com

AImotive

Develops AI, simulation, computer vision, and supporting hardware architectures for a safe autonomous driving experience.

www.aimotive.com

Amplero 

An AI-backed marketing solution provider. 

www.amplero.com

Anki 

A consumer robotics company.

www.anki.com

Appier

It offers artificial intelligence platforms for enterprises. 

www.appier.com

Applitools

It provides visual testing and monitoring tools that automatically validate all the visual aspects of any web, mobile, native app, etc.

www.applitools.com

Appthority

Develops a cloud-based enterprise mobile threat protection solution. 

www.appthority.com

Aquifi

Develops intelligent 3D inspection solutions for automating highly repetitive processes in manufacturing, logistics, and e-commerce fulfillment.

www.aquifi.com

Arterys

Offers automated, intelligent cloud-based software for medical imaging. 

www.arterys.com

Automat.AI

Engaged in creating an AI-powered conversational marketing platform for companies. 

www.automat.ai

Brain Corp.

Engaged in the development of advanced machine learning and computer vision systems for autonomous vehicles.

www.braincorp.com

Bytedance

Engaged in the development of online information and content platform to deliver personalized contents to the users based on their interests.

www.bytedance.com

Cape Analytics

Offers geospatial structured data such as satellite and aerial imagery for real estate properties.

www.capeanalytics.com

Captricity

Offers cloud software solutions that helps recreate paper forms into structured digital data.

www.captricity.com

Casetext

Provides an open public legal research tool and online database explained by attorneys and experts.

www.casetext.com

CognitiveScale

A developer of augmented intelligence solutions for financial services, healthcare, digital commerce markets, etc.

www.cognitivescale.com

Clara Labs

Engaged in the development of an automated meeting coordination system through emails.

www.claralabs.com

Clarifai

Offers AI-backed visual recognition technology to detect near-duplicates and image searches. 

www.clarifai.com

CloudMinds Technologies

Develops cloud-based robot applications.

www.en.cloudminds.com

Conversica

Offers AI-based sales conversion management solutions.

www.conversica.com

CrowdStrike

Offers cyber security solutions, next-generation endpoint protection, threat intelligence and pre and post incident response services. 

www.crowdstrike.com 

Cybereason

A cyber security software solutions provider.

www.cybereason.com

DataRobot 

Develops automated machine learning platform for data scientists. 

www.datarobot.com

Darktrace

Provider of AI-powered cyber security solutions.

www.darktrace.com

Deep Sentinel

A home protection solution provider. 

www.deepsentinel.com

Descartes Labs

A deep-learning image analysis company.

www.descarteslabs.com

Dispatch.AI

Engaged in the development of a local delivery platform using a fleet of autonomous vehicles designed for sidewalks and pedestrian spaces.

www.dispatch.ai

Drive.ai

Engaged in the development of AI software for autonomous vehicle using deep learning. 

www.drive.ai 

Dynamic Yield 

An omnichannel personalization technology provider.

www.dynamicyield.com

Endgame 

An AI-powered security intelligence and analytics.

www.endgame.com

FLYR (formerly known as Hubskip)

Offers online platform to forecast future fare volatility through complex data analysis. 

www.flyrlabs.com  

Foghorn Systems 

A developer of an Internet of Things (IoT) application platform. 

www.foghorn.io 

Gong.io

A sales conversation intelligence platform provider.

www.gong.io

GROKSTYLE

Builds AI-powered systems that can automatically identify furniture and home decor from just about any of the furniture from any angle or style. 

www.grokstyle.com 

InsideSales.com

Develops a cloud-based sales acceleration platform for sales professionals.

www.uk.insidesales.com

Insight Engines 

Offers natural language processing technology for cybersecurity.

www.insightengines.com  

Insilico Medicine

An AI-backed biotechnology company.

www.insilico.com 

Invoca 

A marketing solutions provider through its cloud-based call intelligence platform.

www.invoca.com

KYNDI 

Provides explainable artificial intelligence platform for government, financial services, and healthcare.

www.kyndi.com

MAANA 

Develops digital knowledge technology solutions which help to extract knowledge from data silos, to reveal the relationships within the context of an asset or process.

www.maana.io 

Merlon Intelligence

A compliance technology company serving the financial services industry.

www.merlonintelligence.com

Mighty AI

Provides training data to an organization for building computer vision models for autonomous vehicles.

www.mty.ai 

Mobalytics

The developer of an online performance analytics platform for competitive gamers. 

www.mobalytics.gg 

Mobvoi

Develops Chinese voice technologies in the fields of voice recognition, natural language processing etc. 

www.mobvoi.com

Mya Systems 

An AI-powered recruitment consulting company.

www.hiremya.com

Mythic 

Builds a platform to push local AI to various devices such as fitness bands, hearing aids, autonomous vehicles etc.

www.mythic-ai.com 

Narrative Science 

Develops an automated narrative generation platform.

www.narrativescience.com  

Nauto

Offers AI-powered data platform through connected camera network and smart cloud system for autonomous vehicles.

www.nauto.com

Neurala

Builds software solutions for robots, drones, and intelligent devices.

www.neurala.com 

nexar

Offers computer-vision AI and inter-vehicle networking systems for the automotive, insurance, and mapping industries.

www.getnexar.com 

nuTonomy 

Provides self-driving technology solution for autonomous vehicles and mobile robots. 

www.nutonomy.com 

Obsidian Security 

An AI-backed cybersecurity solution provider.

www.obsidiansecurity.com 

Onfido 

Offers a platform for identity verification and background checks.

www.onfido.com 

Orbital Insight

Engaged in the development of geo-analytics solutions for processing, classifying, and analyzing various types of geospatial data.

www.orbitalinsight.com

Osmo 

A gaming company built around its proprietary reflective artificial intelligence. 

www.playosmo.com 

PerimeterX

Develops behavior-based threat protection technology solutions for cloud, web, and mobile.

www.perimeterx.com 

Petuum 

A software infrastructure and ecosystem provider that enables AI for enterprises. 

www.petuum.com 

Pilot.AI

Provides AI-backed autonomous vehicle control systems.

www.pilot.ai

Preferred Networks

Engaged in the development of real-time machine learning technologies to applications in the Internet of Things (IoT). 

www.preferred-networks.jp/en 

Primer

Primer develops software that uses machine learning techniques to help parse and collate a large number of documents across several languages.

www.primer.ai

Prophesee

Provides bio-inspired computer vision systems for security & surveillance systems, autonomous vehicles, and other connected devices.

www.prophesee.ai 

Recursion Pharmaceuticals 

An AI-backed biotechnology company.

www.recursionpharma.com

Rokid

Robotics research and AI development company, focusing on the research and development of speech interaction and imaging technology.

www.rokid.com

Semantic Machines

Engaged in the development of fundamental, next-generation conversational AI technology. 

www.semanticmachines.com 

SenseTime

A text and face recognition technology provider.

www.sensetime.com 

Shape Security 

A cybersecurity solutions provider.

www.shapesecurity.com 

Shield AI 

An artificial intelligence robotics company.

www.shield.ai 

Snips

It provides an AI-powered voice platform with automatic speech recognition and natural language understanding.

www.snips.ai

Socure 

The developer of SaaS-based digital identity verification predictive analytics technology solutions.

www.socure.com 

SoundHound 

Develops voice-enabled AI and conversational intelligence technology solutions.

www.soundhound.com 

SparkCognition 

Builds cognitive security analytics solutions.

www.sparkcognition.com 

Tempus Labs

An AI-powered technology provider for biotech companies.

www.tempus.com 

Text IQ 

Develops an e-discovery platform to make documents review processes faster for legal and compliance purposes.

www.textiq.com 

Textio 

Builds an augmented writing platform for creating job postings. 

www.textio.com 

Tractable 

Develops an online platform for computer vision solutions. 

www.tractable.ai

UBTech

An AI and humanoid robotic company. 

www.ubtrobot.com  

Upstart Network

Offers online lending marketplace through leverage artificial intelligence and machine learning.

www.upstart.com

Versive

An AI-powered cybersecurity solution provider.

www.versive.com 

Vicarious Systems

An artificial intelligence company for robots.

www.vicarious.com 

WorkFusion

Develops AI-backed enterprise business processes.

www.workfusion.com

ZestFinance 

Engaged in the development of a data-driven underwriting and credit analysis platform.

www.zestfinance.com 

Zoox 

A robotics company, developing a fully autonomous electric vehicle fleet. 

www.zoox.com

Zymergen 

An AI-driven biotechnology company.

www.zymergen.com

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