FortyOak

Top 10 Fastest Growing Artificial Intelligence Companies To Watch In 2022

Leveraging the internal expertise to identify the unique network of expert AI and IA resources that offer options to the customers who are scaling up their programs.

Automation has seeped into almost all industries. Tough competition, and intelligently automated businesses/startups cropping up can make you lag and fall.

The viable solution in sight is FortyOak’s Talent First Automation Strategy.

But what is Talent First Automation Strategy or Solution?

Talent First Automation Solution refers to the full portfolio of resource options, the cultivated group of talented individuals, and practical, expert workforce and project solutions provided by FortyOak. It includes direct-hire, contract-to-hire, and project-based solutions for our clients.

That is what they promise when they say – Automation solved.

“FortyOak’s Talent First Automation Strategy leverages our internal expertise to identify the unique network of expert Artificial Intelligence and Intelligent Automation (AI & IA) resources. Flexible resource modeling provides options for our customers who are growing or scaling programs that include professional services, managed services, temporary and full-time placements.” Anthony Giardina, Managing Partner, Solutions, at FortyOak

Their belief that organizations will prosper from innovation was demonstrated when the people were free to contribute their ideas and suggestions. FortyOak is committed to bringing the specialists who blend their technical knowledge and your organization’s expertise and uniqueness to reduce and, to some extent, eliminate time-consuming manual low-value tasks from your firm.

As Anthony Giardina and Jessica Zych said in unison, “We’ve built a strong network of automation specialists that we’ve placed with commercial, consulting, and software partners to partner with you on a transparent, productive Talent First Automation Strategy.”

Speaking about the trends, both said that there are three main trends in AI and IA from FortyOak’s perspective, and those are –

1. Companies outside of the Fortune 500 that are interested in adopting automation

2. Companies in and around the Fortune 500 that have adopted and are seeking an easier way to Discover Processes

3. Finally, the war for talent in the current hyper-competitive market

As the large companies learn and understand the successes of their competitors and strive to catch up to the competition, the AI and IA expansion into the mainstream continue.

Procedural anchors limiting the growth are now no longer acceptable, and most companies have realized the need to challenge their age-old processes.

As Jessica Zych said, “They look for more efficient and effective processes to streamline their operations and eliminate the “red tape” that slows them down. Tools are also becoming more available as UiPath, Automation Anywhere, and Blue Prism continues to expand their enterprise software approach. Microsoft continues to advance the Power Platform, and new subscription-based players, like OpenBOTs, continue to decrease costs for smaller companies looking to enter the space.”

Organizations that have deployed AI and IA tools now want to accelerate the adoption using Process Discovery tools. These tools help speed up the identification of processes to automate.

Anthony Giardina said, “Process discovery tools are key to fast-tracking the identification of processes and have become a critical and more available tool within the IA stack. It was accentuated by the Global Pandemic, where more employees were displaced from their work environment and traditional collaboration methods. It has led to focused development by UI Path on their proprietary Process Discovery tool and recent acquisitions by Automation Anywhere (FortressIQ) and Microsoft (Minit), while upcoming companies like Chassi continue to emerge.”

The final trend war for talent is not unique to AI and IA. Still, the rapid evolution of technology and the quickened pace of shift in traditional roles has incensed this situation further.

Talking about the challenges, both believe that FortyOak uniquely fits the AI & IA space. Their USP is flexible hiring methodologies and a network of in-demand resources with unique skills.

FortyOak takes pride in its two prominent clients –

· A multi-billion-dollar Real Estate firm for which they build an automation team

· And a Healthcare company, which FortyOak helped in building the first BOTs

Leveraging their Value-ADD methodology of Assessment, Discovery, and Delivery, FortyOak successfully achieved the desired results in both cases. Development acceleration and stabilization of operations in the first case, program establishment, and increased demand in the second case.

With fully invested in AI and IA space, FortyOak differentiates itself by allowing the clients to be in control of their programs through practical, customizable solutions that focus on empowering the client to build and scale a sustainable AI/IA program.

The future includes continuous support to individuals’ and organizations’ knowledge of AI and IA tools and methodologies. And offer a platform for thought leadership and practitioners to share their knowledge and experience.