7 Artificial Intelligence Product Companies To Watch In 2022
More and more sectors and industries are using AI to achieve their automation goals. From movies to mobile apps, AI is used everywhere and makes lives less complex. AI stands for Artificial Intelligence. In simple terms, AI is the process of enabling machines to run human intelligence processes. AI-powered machines and software mimic the competencies of the human mind and adapt and learn everything from previous experiences. They respond to language, decisions, and problems quite precisely. There is no denying artificial intelligence plays a big role in our day-to-day tasks. Due to this by 2027, the worldwide AI industry is anticipated to be worth $267 billion.
According to CB Insights, the AI business smashed records amid the worldwide uncertainty of the COVID-19 pandemic, with artificial intelligence start-ups raising $33 billion in 2020.
Google frequently removes low-quality material from its app store, so the actual number of applications keeps fluctuating. If you want to make a mark with your Android app, then you need to have a brilliant mobile app idea and access to the team that can provide life to that idea. Developing an Android app means entering into a new world of tough competition. One mistake can cost you the game.
Your app may be innovative in terms of concept, but if there isn’t a market demand for it, you’ll struggle to attract downloads. Your journey of launching a successful business app starts when you hire an Android coder. The right app development team can help you expand your foot in the market. If you choose to hire an Android developer from India, you’ll be provided with world-class Android app development services.
Every company, every sector of business, and even governments of many nations have adopted AI-enabled products and applications for different purposes. Early adopters of AI have achieved significant benefits like technological advancement, increased efficiency, improved customer experience, and revenue growth. Recently, AI technology has seen unprecedented growth and is foreseen to reach new heights in the coming years.
Accenture investigated the impact of artificial intelligence in 12 developed nations. According to the report, economic growth rates might quadruple by 2035. People will be able to make better use of their time, which will enhance their productivity by 40%.
From tech giants like; Apple, Google, Amazon, and Microsoft to emerging start-ups, all have AI-enabled applications either as one of their core products or have embedded AI with their existing products. From Amazon’s Alexa, the voice assistant to Elon Musk’s Neuralink, the brain chip, all are built and work on Artificial Intelligence.
Businesses like IT, telecommunications, agriculture, hospitality, manufacturing, education, financial, healthcare and pharmaceutical have been adopting AI for their operations. For the quick evolution in this world of science and technology, you must also adopt AI. Outsource any AI development company to adopt smart, data-driven AI technology and transform your business landscape like never before. Businesses are reshaped by AI, in fact, they attract massive investment from venture capitalist firms and giants. AI clearly holds never-ending opportunities for businesses and that is why businesses are adopting it quickly.
Markets & Markets has also stated that the AI business will expand to a $190 billion sector by 2025.
7 Top AI product Companies You Should Know About
AI is said to be a strategic goal for 83 percent of businesses today.
1. Nvidia
Headquartered at Santa Clara, CA, NVIDIA Corporation is an artificial intelligence computing corporation that manufactures graphics processing units and hardware to power various types of AI-enabled devices. The pioneer of gaming technology and GPU processors has adapted AI and developed its own AI products. It is the top AI development company whose technology is used for everything from smart factories to self-driving vehicles. NVIDIA DRIVE™ is an artificial intelligence development company that is bringing new possibilities in the world of self-driving cars. They are fabricating smart AI-powered brains of Intelligent machines and IoT. With a market worth of $473.18 billion, NVIDIA stock is on its way to the top, thanks to advances in parallel, visual, and AI computing. Given that it is the world’s 13th most valuable corporation by market valuation, the firm is likely to rise even more in the following year. The company is considered one of the 50 smartest companies by MIT Tech Review.
2. Amazon Web Services
AWS is the leader in cloud computing and business-oriented AI products and services. It is the world’s most broadly adopted and acclaimed cloud platform that is merging technologies like AI and ML in the widest and deepest set of products and services. It is the best AI development company that brings artificial intelligence into the home through the intelligent voice server, Alexa. With millions of active customers and thousands of business partners worldwide, AWS has the biggest and most vibrant community. You may use AWS to explore and innovate more quickly by using the newest technology. They are always increasing their rate of invention in order to develop completely new technologies that you may employ to transform your company. They provide fully managed AI services that enable ordinary developers, businesses, and scientists to use AI-powered technologies with no prior training. Being an AI developer company, AWS offers primary AI services including, Polly, which turns text to speech; Lex, a business version of Alexa; and Recognition, an image recognition service.
3. UiPath
UiPath is an enterprise software platform that includes tools for robot licensing, provisioning, scheduling, monitoring, and alerting. Automate end-to-end business processes with the UiPath platform. It is the only RPA tool in the market that applies AI to the Computer Vision field. This AI development company provides businesses with the opportunities to build and engage with automation and capture benefits like high efficiency and revenue generation. Integrate UiPath robots in business processes and let them do the mundane work. This artificial intelligence development company allows you to achieve automation and enhance the skills of your robots with AI. With a market capitalization of $30.6 billion, UiPATH has become a profitable AI company and holds limitless potential, which has contributed to the company’s success. This business is attempting to unlock the potential of RPA and AI, two of the most transformational technologies in the sector.
4. DataRobot
Headquartered in Boston DataRobot is an emerging AI development company that offers an AI Cloud Platform for business analysts to build predictive analytics with no knowledge of Machine Learning or programming. Delivering a unified platform for all users, this AI developer company accelerates the delivery of AI to production. Also, it provides an ecosystem of Augmented Intelligence for seamless collaboration between the work processes of its users. DataRobot assists businesses in resolving problems by determining the optimal prediction model for their data. Healthcare, finance, insurance, manufacturing, and even sports analytics employ DataRobot’s technology.
5. Involve.ai
Involve.ai is a Los Angeles, CA-based AI development company that offers extremely helpful AI-powered solutions to customers. Changing a customer’s mind in the middle of a heated debate isn’t ideal, but Involve.AI gives you the tools to avoid it. It assists you in capturing and analyzing client interactions in order to detect churn risks and growth possibilities. The business uses cutting-edge technology to integrate data, create complete customer profiles, and inform teams of clients who are about to leave. Involve.ai uses AI to build predictive warning models to help companies improve their churn rate. With a data-driven approach to customer service, companies can minimize attrition. It’s the only genuine Customer Intelligence Platform on the market, with predictive analytics and automation to make it easy to keep and increase your SaaS customer base. Being one of the top AI development companies, it designs products to help companies in providing an improved customer experience.
6. Grammarly
Grammarly is one of the favourite tools of writers since it helps them with professional writing. The AI-enabled open-source tool provides real-time content suggestions, alerts spelling mistakes, tone errors, and even plagiarism. It offers easy integrations with multiple platforms, including Gmail, Microsoft Word, Slack, Jira, Medium and many more. Every day, 30 million people and 30,000 teams use Grammarly’s digital writing assistant to write more precisely and efficiently. Grammarly seeks to empower consumers whenever and wherever they interact by providing a solution that spreads across various platforms and devices. If you are a writer and want to bring precision in your English writings and reduce silly mistakes, then add Grammarly to your browser.
7. Haptik
Customers today have more options than ever before, including more sophisticated options, channels, and even touchpoints. Haptik is an AI conversational tool developed by Indians that recognizes how difficult it is to exceed client expectations. That’s why they’ve created Conversational AI Solutions for your sector to assist you in finding the correct information at the right moment through your preferred channel. With strong and actionable data, companies may increase automation, cut costs and boost top-line company development. With Haptik’s Enterprise CX platform, you can create sophisticated Intelligent Virtual Assistants. This AI development company is adopted by companies like Jio, Facebook, Google, etc. Boost customer engagement, increase conversions, and provide excellent customer service. You can track every single encounter with your company in real-time with Haptik.
Conclusion
By 2025, according to IDC, AI will be used in 90% of new workplace apps.
If you also want to capture new opportunities, then outsource an AI development company to infuse artificial intelligence-powered automation in your business. The top AI development companies help their customers make their way into the world of revolutionary technologies. To learn about Artificial Intelligence’s impact on data solutions, read these blogs: How AI-augmented catalog services can benefit your E-Commerce business?
Related Articles
Why is C# web development still relevant in 2024
Why is C# web development still relevant in 2024?Web development has come a long way since the early days of the internet, but one thing that has remained constant is the enduring relevance of C# in the world of web development. As we head to 2024, you may wonder why...
Why Do Businesses Need Full-stack Developers To Stay Ahead In The Legalized Sports Betting And Marijuana Market?
Why Do Businesses Need Full-stack Developers To Stay Ahead In The Legalized Sports Betting And Marijuana Market? In recent years, several states in the USA have legalized sports betting and the use of marijuana in some form. To take advantage of these growing markets,...
How Python became a top programming language & Django became a popular framework?
How Python Became A Top Programming Language & Django Became A Popular Framework? Python is a commonly used programming language for a variety of purposes. It was created with the intention of being a general-purpose language that could be used for almost anything....