12 Astonishing AI Startups To Keep an Eye On In 2020

Artificial Intelligence (AI) is an outstanding phenomenon that strongly impacts the way we live and do business. The new form of intelligent technology changes almost everything we do – from simple analytics to complex space engineering.

According to the report, over 60% of companies with an innovation strategy are using AI to identify opportunities in data that they would have otherwise missed.

The benefits of AI are obvious and groundbreaking, which is why we see more and more AI-focused startups every year.

Statista reports that there are almost four thousand AI startups in the world today. A lot of these companies are still in the early stages of development, but some of them already make a big impact on the entire industry. In this article, we will present you 12 astonishing AI startups to keep an eye on in 2019.

1.     Trifacta

Trifacta is a business analytics platform that creates in-depth reports in all types of industries. This startup is a genuine big data giant that makes data processing automated, speedy, and intuitive.

Founded in 2012, the company managed to gain incredible influence in the big data industry and spread the business to over 170 countries worldwide. Today, more than 20 thousand companies use Trifacta as their business intelligence model.

2.     Invoca

AI is not a novelty for digital marketers, but Invoca takes the business to the whole new level. The startup tracks user interactions to give clients practical insights on customer behavior.

As a consequence, marketers are able to design better campaigns and drive revenue. Business analysts at Edu Birdie say that Invoca immediately managed to grab the attention of investors and clients, establishing close partnerships with tech giants such as Samsung and Lenovo.

3.     Envision

Envision is a startup created with the sole purpose to “speak out the visual world for the blind and low-vision users”. How does it work? It’s a mobile app that allows visually impaired individuals to take a photo of the nearby object, while software processes information and informs users what’s in front of them. Of course, Envision is available in both versions: iOS and Android. 

4.     Algolia

Algolia is another very influential big data startup that enables clients to quickly develop search functions in all of their sites, mobile apps, and other online platforms.

Our fellow colleagues at Ninja Essays tested Algolia and shared their opinion with us: “Using this feature, visitors can search and find almost any information within seconds, while clients receive huge volumes of customer-related data. Algolia creates a win-win situation for both parties because it improves user experience while gathering relevant information for its partners.”

5.     Dutch Analytics

Dutch Analytics is a business intelligence startup that uses AI and machine learning to assist partners in the maintenance industry. This startup is actually a group of big data enthusiasts who found a way to exploit machine learning:

• They conduct a quick scan of each client
• They organize and evaluate data to propose actionable insights
• They show clients how to use the product and enhance their business

6.     Data Robot

This startup helps companies to evolve and become fully AI-driven enterprises. Working with pretty much all types of business, Data Robot is capable of boosting the predictive analytics of every client.

Customer relationship managers at Nerdy writers used Data Robot and told us that the platform drastically accelerated their decision-making processes: “We are now able to get more projects done without jeopardizing the quality of our work.”

7.     Circularise

Circularise is proof that AI startups can operate in literally any area of life and work. The startup specializes in recycling, bringing together all the relevant stakeholders in this field. The product establishes clear and uninterrupted communication between recyclers, manufacturers, and end-users.

But this solution is only a fraction of what Circularise has in mind, and that is “to overcome the communication barrier that is limiting current and future progress towards a sustainable economic model: the circular economy.”

8.     Gong

Gong represents the highest level of conversational intelligence because it successfully monitors, records, and analyzes all types of customer interactions.

You can use this AI-based platform to evaluate one-on-one conversations, group meetings, live chat messages, phone calls, and all other sorts of conversations. Essentially, Gong identifies the best practices of your sales team and allows you to apply the same tactics across all units.

9.     Demand Jump

Demand Jump is yet another digital marketing startup, but this one focuses on budget optimization. The program makes it easy to detect positive and negative elements of your digital marketing strategy, so you can eliminate the latter and add more of those elements that actually convert. As such, Demand Jump makes a perfect solution for custom assignment writing agencies like EssayMama.

10. Olympian

Olympian is a startup whose members are well aware of the power of AI. For this reason, they built a platform that helps students to learn about AI programming through practical problems and real-world projects.

Therefore, Olympian is essentially an education platform that collaborates with a number of industry leaders to provide users with state of the art AI learning resources and materials.

11. TARA

TARA stands for Talent Acquisition Recruiting Automation. This startup represents the real future of project management because it makes the software development process much faster than ever before. In less than four years, TARA managed to evoke the interest of renowned companies such as Ford, Cisco, or Orange Telecom.

12. Obsidian Security

Obsidian Security is the so-called intelligent identity protection platform. It creates a combination of machine learning, AI, and cybersecurity to maximize the safety level of complex IT systems.

In 2017 Obsidian raised $9.5 million in Series A that was led by Greylock Partners. Earlier this year, they raised an additional $20 million in a Series B led by Wing.

Conclusion

AI is both the present and the future of global business, which is why avant-garde entrepreneurs keep launching more and more AI startups every year.

We made this article to show you the 12 most astonishing AI startups to keep an eye on this year. Leave a comment if you have a favorite and don’t hesitate to tell us if you think we left out someone important – we would be glad to see your best picks!

AUTHOR BIO

Scott Mathews is a business analyst and a part-time blogger at Australian writings and Collegessaywriter.com. As a prolific author, he also writes guest posts for agencies like the best term paper, assignment help, and custom writing. Scott’s favorite topics include self-improvement and digital entrepreneurship, while jogging is his most love leisure time activity.