Artificial Intelligence is a technology that is consistently advancing into new territories in the tech world. It powers many of the modern conveniences we currently enjoy by working behind the scenes to provide us with services that enhance our lives with convenient devices and programs that streamline the complicated processes that provide us with these modern conveniences. The most notable companies that have blazed the trail in this realm are Amazon, Google, and Microsoft. These are the leaders in the industry, but behind them are several smaller startups that are breaking new ground and providing us with yet more software programs to enhance our jobs, advancement in medical technology, communications, and more. You may have heard about some of them already, but if you haven’t yet, it’s likely you will shorty. Here are five companies leading the way in AI inferencing to keep your eye on.
Grammarly is a company that uses AI-inferencing to assist writers in achieving the best possible examples of writing through its AI-enabled writing assistant. The software checks written pieces with thorough checks on grammar, spelling, and conciseness. It also analyzes the tone to provide users with an overview of how the document sounds to other readers. It uses emojis that indicate the tone along with a written explanation. Some examples include friendly, on target, surprised, approving, disapproving, and more. The software also detects errors in grammar and spelling with alerts that give writers the option of accepting recommended corrections automatically or making other corrections on their own. Users may also choose to dismiss the suggestions or investigate dialogue that explains more about the alert. The deluxe version of the software provides scans that check for plagiarism. Grammarly is compatible with multiple different platforms including Google Chrome Gmail, Jira, Medium, Slack, and many others. The San Francisco startup is classified in the productivity and writing arena and is available in a free version that provides basic writing assistance that includes analysis of grammar, spelling, tone, and suggestions for syntax. The deluxe version is available in reasonably priced monthly or yearly subscription prices.
Ascent is a RegTech company that provides a regulatory platform that is powered by artificial intelligence. The software analyzes company regulations for compliance with laws in the legal and financial industries. Through AI, Ascent constantly monitors for rule changes and sends alerts to key users about any possible compliance issues within their organizations. This helps to save employees time and effort increasing the productivity of companies by automatically tracking rule changes and informing the right people within organizations using the technology. It regularly updates them on all changes in rules that pertain to their operations. Ascent has its headquarters based in Chicago, Illinois. It offers significant data updates that help companies to remain in compliance with industry-specific changes in rules and governing laws. It’s a program that is comprehensive scanning large volumes of data from multiple sources to keep key decision-makers up to speed on rapidly changing rules and regulations so they can implement the necessary changes in operations.
Tempus is a startup based in Chicago, Illinois that provides a comprehensive database of medical and clinical data for companies in the biotech and healthcare industry. It’s classified as a Big Data, Biotech, and Healthtech startup. The software provided by Tempus is used for gathering and analyzing massive segments of clinical and medical data at scale. It works on an artificial intelligence platform that can be personalized to meet the health needs of individual patients with precision medicine and optimized treatments that analyzes genetic makeup, past medical history, and also diagnostics and treatment recommendations. Tempus also focuses on the use of AI technology to create breakthroughs in research on cancer and cancer treatments. The platform is versatile and can be used for everything from enhancing cancer research to applying a holistic picture of the genetic makeup of an individual patient with all known facts condensed into one report that includes all known health factors. It is a company that offers tremendous implications for developing treatments, possible cures, and managing the way that patients are diagnosed and treated.
DataRobot is a Big Data and Software company that is headquartered in Boston, Massachusetts. The company offers a platform for data scientists involved in the creation and deployment of machine learning models. Through artificial intelligence inferencing, the software helps to resolve challenges to identify the best predictive model in accordance with their data. This is an advanced AI platform that has the potential to become a disruptor in the industry by enhancing the efficacy of predictive models for better planning and decision-making. The technology offered by DataRobot is used in a variety of industries including sports analytics, manufacturing, insurance, fintech, and healthcare. It’s changing the way that leaders use data to make high-stakes decisions based on predictions based on known facts from reliable sources.
1. Next It
Next It is a Spokane Valley, Washington start-up that has been acquired by Verint. The company focuses on the development of conversational artificial intelligence that has the capability of answering complicated business questions or businesses. Another focus of the tech is to enhance customer experiences with AI assistants. Its target clients are broad across multiple industries from travel and healthcare to financial and insurance. The end goal is to produce intelligent products that provide support for a variety of functions including policy information for insurance company staff, purchases, scheduling, billing, and more. Working under the umbrella of Verint, Next It shows promise for becoming one of the leaders in the niche of artificial intelligence inferencing to provide AI assistants that can offer greater interaction with users to solve more complicated problems in a question and answer format. The potential for enhancing precision and accuracy and saving time in problem-solving is immense thanks to the work that Next It is engaging in.