Top 10 Fastest Growing Artificial Intelligence Companies to watch in 2022
Editor Note
Technology has become the core fundamental of our existence today. The scope of the global software industry has evolved over the past two decades, and today we see the application of advanced technologies in almost every industry giant. Back in the 1950s, the fathers of Artificial Intelligence, Minsky and McCarthy, described it as 'tasks performed by machines that would previously require only human intelligence to complete. It is not what you can do, but how well and efficiently you can learn new things.'
Today, Artificial Intelligence has become ubiquitous in our existence and has seen a massive shift in just a few years. From recommending what should be our next purchase to the use of virtual assistants such as Amazon's Alexa and Apple's Siri, AI can merge our daily lives and make them simpler. These once-expensive and exclusive technologies have become commonplace today.
The Artificial Intelligence industry is set to grow to $190 billion by 2025. In 2021, the global AI systems spent more than $57 billion, and more than 85% of businesses considered investing in AI a strategic priority. With such on-point statistics, we know that every industry will require Artificial Intelligence in some form or the other. As we inch closer to different discoveries, AI-powered systems have gained momentum in various facets of our life, such as self-driving cars to plagiarism tools, the study of brains' neurological systems to restaurant applications, banking to credit and fraud, chatbots to video gaming, AI is everywhere.
Every business has a scope to adopt artificial intelligence in their daily operational commitments, thus increasing their revenue and reach. Companies creating AI software must be more vigilant and respond to customer queries and requirements quickly to keep up the pace and ensure safety and security.
The subtle breakthroughs have enabled companies to identify problems in their industry and tackle them with utmost precaution using artificial intelligence. In this edition of CIO Insights, our thought leaders will address and share their crucial insights, learnings, and impact of artificial intelligence in every industry and how it is changing the global software landscape.
We hope you have a fantastic time reading it!
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Achievion
Alex Jacome, CEO
Our practical applications of AI create disruptive new products and enhance existing business systems. We leverage AI technologies to take your company to a whole new level of intelligent automation.
Aera Technology
Frederic Laluyaux, CEO
Aera Technology is the Decision Intelligence Company that makes business agility happen. Our innovative cloud platform integrates with your existing systems to digitize, augment, and automate decision-making in real-time. In the era of digital acceleration, Aera helps enterprises around the world transform how they respond to the ever-changing environment.
Blueshift
Vijay Chittoor, CEO
The Blueshift platform uses patented AI technology to unify, inform, and activate the fullness of customer data across all channels and applications. Through unified data, omnichannel orchestration, intelligent decisioning, and unmatched scale, Blueshift gives brands all the tools to seamlessly deliver 1:1 experiences in real-time across the entire customer journey.
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Dynatrace
FortyOak
Anthony Giardina, Managing Partner, Solutions
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.
Haptik
Aakrit Vaish, CEO
Haptik is one of the world’s largest Conversational AI companies, having reached over 100 million devices, and processing over 4 billion conversations. Haptik’s Enterprise CX Platform helps brands to build Intelligent Virtual Assistants that power the entire customer lifecycle from purchase to support, thereby accelerating top-line revenues and improving operational efficiencies
HireVue
Anthony A. Reynolds, CEO
HireVue is where hiring happens – transforming the way organizations discover, engage, and hire the best talent. Connecting companies and candidates anytime, anywhere, HireVue’s industry-leading end-to-end hiring platform features video interviewing, assessments, and conversational AI. HireVue has hosted more than 29 million video interviews and 150M chat-based candidate engagements for over 800 customers around the globe.
John Snow Labs
David Talby, CTO
John Snow Labs is a leading, global AI and NLP for a healthcare company, providing state-of-the-art software, models, and data to help healthcare and life science organizations build, deploy, and operate AI projects. Developed of Spark NLP, the world’s most widely used NLP library in the enterprise, John Snow Labs’ award-winning clinical NLP software powers leading healthcare and pharmaceutical companies.
OSI Digital
Glenn Gesell, President
OSI Digital, Inc., (formerly OSI Consulting, Inc.) provides purpose-built business and technology solutions that optimize performance to enable data-driven outcomes for our customers. OSI accelerates digital transformation by offering integrated solutions that capture, secure, integrate, analyze and optimize data. Our services include the design, development, and implementation of new solutions as well as the ongoing management, enhancement and support of our customers’ existing business systems.
