MENLO PARK, Calif., Jan. 11, 2017 /PRNewswire/ -- CB Insights today selected Ayasdi to the prestigious Artificial Intelligence 100 list ("AI 100"), a select group of emerging private companies working on ground breaking artificial intelligence technology.
The listing is the latest recognition of Ayasdi's artificial intelligence capabilities. In November, Ayasdi was named the winner of the new Artificial Intelligence category of the prestigious 2017 Chartis RiskTech100® report. The report by Chartis, the leading provider of research and analysis on the global market for risk technology, is recognized as the most comprehensive study of the world's most significant risk and compliance technology companies.
CB Insights revealed the AI 100 winners during The Innovation Summit in Santa Barbara, a gathering of top executives and investors to explore the industries of the future. The CB Insights research team selected the winners based on a combination of data submitted by the companies, responses to interview questions and the company's Mosaic Score. Mosaic is an algorithm built with funding from the National Science Foundation that gives predictive intelligence into the health of private companies.
"At Ayasdi, we see clearly that intelligent applications enabled by AI and big data will be as transformative for knowledge-based processes as the industrial revolution was for mechanical processes," said Ayasdi CEO Gurjeet Singh. "Intelligent applications running on our platform are already becoming a fundamental part of our customer's operations with breakthrough results. We are delighted to be recognized by CB Insights for the success our clients are having in deploying Ayasdi to use AI to solve real-world business problems at scale."
Ayasdi, one of more than 1,650 companies nominated for the AI 100, joins companies such as Affectiva, Blue River Technology, Deep Instinct, Sentient Technologies and Orbital Insight in being recognized for their teams, technology, and traction in front of an audience of 400 senior executives from around the world.
"From financial services to healthcare to transport, incumbent companies in every industry are seeing that AI will reshape their industries. And as so often happens, transformational innovation comes from emerging companies. In the case of AI, a lot of the groundbreaking work is being done by the AI 100. The companies in the AI 100 are accelerating research, improving efficiency, and making many game-changing advancements that will be felt for decades to come," CB Insights CEO Anand Sanwal said.
About Ayasdi
Ayasdi helps companies around the world use artificial intelligence to automate business processes formerly thought of as exclusively in the domain of humans, to enable intelligent applications that augment and even surpass human capabilities and to make new discoveries in big data and high dimensional data. Developed by Stanford computational mathematicians, Ayasdi's unique approach to machine intelligence leverages breakthrough mathematics, highly-automated software and inexpensive, scalable computers to revolutionize the process of converting big data into business impact. We are excited to count many of the Global 500, plus leading governments and research institutions as our clients and partners. To learn more, visit www.ayasdi.com or follow us @ayasdi.
About CB Insights
Our team comes to work every day to build technology that helps corporations guess less and win more. We aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace the three Gs (Google searches, gut instinct and guys with MBAs*) so they can answer massive strategic questions using probability not punditry.
With backing from the National Science Foundation and venture capital investors, we mine terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, and more. Our software algorithmically analyzes this data to help our clients see where the world is going tomorrow, today.
*We have MBAs.
For more information about the AI 100, visit:
https://www.cbinsights.com/research-ai-100
SOURCE Ayasdi
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