As you know, Artificial intelligence, or AI, has been a part of our world at ai-one since our founding in 2003. Don’t be confused by the latest buzzwords, deep learning, machine learning, artificial intelligence and biologically inspired intelligence (our Nathan) are all part of the field of A.I. It’s a hot subject now but the languages, techniques and algorithms have been around for decades, often as part of an application (Google search and map directions for example).
In order to become it’s own industry A.I. needs a large number of companies, money and its own problems to solve. This is the real news of the last few years and Max Wegner and our friends at appcessories.co.uk have created “State of Artificial Intelligence Infographic” to tell the story.
Today A.I. is a significant and growing sector of the technology industry; billions of dollars are invested in new AI developments, and companies around the world are working on new AI applications as you read this. And while most AI companies have been in existence for less than a decade (the average age is around four or five years), the tech behind AI is evolving, and the role of AI in our lives in the coming years is all but certain to grow.
One of the surprises in the report is the ranking of Switzerland as the second largest location in the world by amount of VC funding received and third by number of companies. With almost all of the companies less than 10 years old, ai-one was clearly early, before the cloud and big data brought in the new era. Our biologically inspired intelligence is another differentiation from all but a few of these companies.
It is a new era and with all the competition comes the demand from the business community to make significant investments in A.I. powered applications. We see the change in the character of the inbound leads from our website. In the past those inquiries were from PhDs, engineers and startups where today they are almost exclusively from product managers at larger enterprises. This is the type of demand that will drive growth and we’re excited to be in this space.
If you want to put see what our AI can do for your enterprise, please connect.