TECH TREND: Simplifying processes with AI
The adoption of analytics and artificial intelligence (AI) may have been accelerated by the COVID crisis, but that train is not expected to slow down any time soon. According to Gartner, the worldwide revenue of AI software will reach $62.5 billion in 2022.
A report from The AI Journal revealed that 72% of leaders feel positive about the role that AI will play in the future. The report found that 55% have suggested that AI will help to create new business models, and 54% expect it to enable the creation of new products and services.
Companies in Flyover Country are busy developing new AI platforms in all areas of industry. Here are just a few:
Charlotte, NC-based Stratifyd is an AI powered analytics platform that enables enterprise companies to transform structured and unstructured human textual data. The company recently hired two more AI experts to grow the company.
Since its founding in 2016, Autonomous driving tech company Argo AI, based in Pittsburgh, has seen enormous growth. In 2017, Ford Motor Company invested $1 billion in the company. Now Argo is partnering with Ford and Walmart to test a self-driving delivery service in three U.S. cities.
In October of this year, Indianapolis-based VC studio High Alpha launched a company called Pillar, which has developed a platform that uses AI and in-interview coaching to provide companies with a more reliable way to assess a candidate’s fit for a role during the interview process. South Bend-based tech startup Cobomba developed an AI platform to help marketing professionals and just received its first investment.
Here is a list of 71 companies in Flyover Country that can help you leverage AI.