AI has evolved from an industry buzzword and a cool concept behind sci-fi movies to THE technology disruptor across multiple verticals. While software developers leverage AI-driven low code to automate tasks, financial institutions use AI to enhance fraud protection, and education institutions use AI-enabled robo-readers to grade essays and test papers. Simply put, there isn’t an industry application that can’t be simplified or enhanced by the power of AI.
This seemingly endless potential has given birth to a number of AI companies that are capturing the attention of investors and CIOs who are eager to benefit from cognitive technology.
In this edition of CIO Advisor APAC, we highlight some of the hottest players in the AI marketplace that are on a nonstop pursuit to ideate, create, and implement AI solutions across various layers of businesses. While Beijing-based 4Paradigm helps its clients enhance their computing power, operational efficiency, and business optimization through the adoption of AI, Germany-based Ingenics focuses on computer vision and IoT technologies to provide integrated industrial applications that are designed for various fields such as safe city, intelligent residential community, and smart parks.
Meanwhile, Singapore-based WISE AI aims to make lives better and safer for billions of people in the ASEAN region through a range of consumer and business-oriented AI products and services. Specializing in eKYC and smart city solutions, WISE AI has emerged as one of the top facial recognition technology solution providers in south-east Asia.
While 2018 proved to be a landmark year for the widespread application of AI, thought leaders and AI experts believe that businesses are just scratching the surface of the technology. Over the last year, the use of AI to predict buying behavior (by ecommerce and retail companies), and the construction of Generative Adversarial Networks (GANs) mushroomed from “trends” to full-fledged applications. Some of the top trends of AI in 2019 include quantum computing, the convergence of AI and other technologies (such as IoT and Blockchain), neutral networks, A-Based socio-economic models, and reinforcement learning. Another trend to keep close tabs on is the use of AI in protecting privacy and policy for organizations. As GDPR and other emerging data privacy laws are further enforced, businesses can effectively leverage AI-based applications to navigate the issues stemming from the usage of specific content and data.
The Top 20 Hottest Artificial Intelligence Companies of 2019 are leaving no stone unturned in delivering best-in-class solutions through an array of AI-powered apps and solutions. Evidently, expertise and experience play a crucial role while choosing the right AI solution provider. The leading solution providers are drawing on their years of experience to present successful outcomes with the entire range of AI technologies, including machine learning, natural language processing, speech recognition, and more. In leafing through this edition of CIO Advisor APAC, your organization stands on the cusp of benefitting from AI technology, forging a potentially long-term partnership with a reliable AI solution provider.
We present to you CIO Advisor APAC’s “20 Hottest Artificial Intelligence Companies 2019”