Artificial intelligence (AI) is one of the biggest breakthroughs of the 21st century. From positioning companies as powerful players in the global scene to exploring uncharted goldmines that organizations sit on, AI has brought both potential and opportunities to businesses that catapulted them to the forefront of the digitalization era.
Over the last decades, AI trends emerged and completely disrupted a myriad of industries worldwide. From AI-driven decisions to safeguard companies from cyber risks to smart bots that overhauled sales and customer experiences, the multitude of technological capabilities that companies can now the leverage is insurmountable. But this wasn’t the case a few years back as AI’s potential is often neglected. As soon as the pandemic hit, companies turned to innovation to thrive in the cutthroat era of 2020, coupled with the exponential market downturn thereafter. Whether it’s boosting productivity, optimizing organizational functionalities, streamlining work cycles and processes, or delivering new products and solutions, the rate of every organization adopting artificial intelligence surged at an unprecedented rate with continuous developments and groundbreaking solutions emerging left and right.
By 2023, it is projected that AI will continue to dominate the global market and replace outdated practices with smarter and more efficient solutions. 5 startups are positioning themselves as key players in this revolution:
Voyantis was Co-Founded by Ido Wiesenberg (CEO) and Eran Friendinger (CTO) in 2020 after both noticed the pains in marketing and growth teams. Organizations’ inability to grow and make informed decisions due to their lack of R&D resources has made it difficult to both analyze and utilize company-owned data to make informed and time-sensitive decisions as well as activate growth.
The goal of Voyantis is to transform the way online businesses acquire and retain customers of the highest value, with superior predictive AI solutions and insights from thousands of data points to efficiently achieve exponential profitability by transitioning to LTV-based growth. Their solutions include knowing one’s customer’s value in 6 months, optimizing ad spending for maximum ROI with predictive insights, and generating LTV-based audiences to maximize profitability.
Bhavin Shah, Vaibhav Nivargi, Varun Singh, and Jiang Chen founded Moveworks in 2016 to give employees support in seconds with urgency and enable leaders to prevent problems in advance. Their cutting-edge platform uses state-of-the-art AI to understand what employees need and take action automatically. It leverages natural language understanding (NLU), conversational AI, probabilistic machine learning, and semantic search to solve end-to-end issues in the workforce, boosting morale and productivity.
They provide a wide range of workspace solutions from IT, finance, employee onboarding, HR, identity access management, and cost reduction.
Neatsy is the world’s first app that detects orthopedic and podiatry health issues with a phone camera. Founded in 2019 by CEO Art Semanyov, this sophisticated platform uses patented AI-generated algorithms to identify potential podiatric-related ailments, by scanning a user’s feet via smartphone.
Its technology starts with 3D foot scanning that provides highly accurate measurements which leads users to a foot health checkup. They will be redirected to an orthopedist for an online checkup, then concludes with recommendations for personalized footwear, shoes, orthotics, and workout gear.
Uizard inception began as a machine learning research project called pix2code in 2017 in Copenhagen, Denmark. It wasn’t until early 2018 that it was fully formed into a startup company after founders Tony Beltramelli, Henrik Haugbølle, Ioannis Sintos, and Florian van Schreven took a trip to San Francisco to live the Silicon Valley dream and aim to democratize design to empower non-designers everywhere to build digital interactive products.
Uizard is an AI design assistant that scans and transforms sketches into digital designs automatically. It’s easily integrated into design mobile apps, web apps, websites, and software interfaces.
Founded by Neal Kaiser and Rachel Cossar in 2020, Virtual Sapiens is a Boston-based startup that helps professionals master communication in video meetings so they can effectively develop trust and present with confidence in the era of the digital workspace. Their goal is to assess, improve and help users master their virtual communication skills through a suite of AI-enabled coaching solutions.
Their solutions include a Virtual Presence Assessment, In-Call Sidekick Coach, and Progress and Tracking Maintenance that provide AI-driven, real-time feedback on body language and presence insights.</span