TOP 100 ARTIFICIAL INTELLIGENCE STARTUPS TO LOOKOUT FOR IN 2021

Sooner or later, the concept of digitization will completely take over all repetitive tasks. Today, with the help of big data, advanced technologies like automation, artificial intelligence, IoT, and machine learning are leveraging unimaginable amounts and types of information to work from. It is streamlining tedious, repetitive, and difficult tasks, which tend to slow down production and also increases the cost of operation. Owing to the evolution of technology, artificial intelligence startups are mushrooming like never before. The companies are driving the world into a new phase of digitization with a mixture of disruptive statistical methods, computational intelligence, soft computing, and traditional symbolic AI.

Artificial intelligence is the combination of two amazing concepts namely science and engineering. With the infusion of disruptive trends and human intelligence, intelligent machines and intelligent computing programs are emerging. Slowly, the flare of innovations moved away from IT and entered into diverse industries including healthcare, education, finance, marketing, business, telecommunication, etc. Organizations realized that by digitizing repetitive tasks, an enterprise can cut the cost of paperwork and labor which further eliminates human error, thus boosting efficiency. Automating processes involve employing artificial intelligence solutions that can support digitization and deliver data-driven insights. Artificial intelligence startups emerge as a ready-made solution provider that supports every company’s individual needs. AI startups in 2021 use big data to sophisticated AI models and leverage new solutions that could better serve customers. Analytics Insight has listed the top 100 artificial intelligence startups that are driving the next-generation development in technology.

Rosetta.ai

Headquarters: Taiwan

Founded: Daniel Huang and Alice Li

Focus Area: Artificial Intelligence, Machine Learning, FashionTech

Sector: Information Technology and Services

Rosetta.ai is helping e-commerce increase conversion and enlarge order value with deep learning-based technology to analyze the individual consumer’s hidden preferences and behaviors, predict future sales, and provide personalized recommendations for online and offline during the consumer’s shopping journey. It helps businesses to personalize stores, make fashion-centered image-based recommendations, and launch smart personalized eCommerce marketing campaigns. Rosetta.ai enables automated conservations, increases engagement, and helps businesses build customer loyalty.

Source: analyticsinsight.net