HomeBest Artificial Intelligence Companies

Best Artificial Intelligence Companies

What is Artificial intelligence (AI)?

One of the most demanding and promising technologies in the present day is Artificial intelligence. It is disrupting today’s business and is making a significant impact. Artificial intelligence is processing information or data to detect anomalies and patterns. AI technology is another way to manage and obtain vast data to extract information that will effectively transform business operations. AI technology is autonomous and doesn’t require any human intervention.

Why are companies using AI?

Improve communication with customers

AI-driven chatbots helps companies offer 24*7 customer assistance and support by bringing automation into the process of customer communication and thereby bringing a personal touch to customer communication. The recent improvement in the process of natural language processing is allowing chatbots to collect conversation nuances as well as mimic human voices. AI-enabled chat fills customer service gaps, improves their journey, and increases their satisfaction. Companies that have implemented AI technology, such as chatbots, have seen a significant reduction in costs and salaries and improved the efficiency of operation.

Increases brand loyalty

Customers today expect a personalized experience from companies. However, the most challenging aspect for businesses is to bring personalization as it requires effort, time, money, and the ability to forecast the needs of customers. Artificial intelligence (AI) helps fulfill this tremendous task by mapping out customer data included in their social media activity and previous purchase to forecast the products they would like to buy in the future. AI fully automates the company operation, identifies patterns, and helps the company to offer tailored messages and content to clients. AI and automation technology enhance the marketing strategy of the company.

Streamline the Recruitment Process

AI helps companies to bring efficiency to the hiring process. AU automates the process of screening calls and analyzing candidates’ applications and speeds up the review process. It eliminates bias in the preliminary screenings and ensures workplace diversity. It gives a competitive edge in the hiring process by enhancing cost-efficiency. This technology helps in competitive fields with limited talent pools by reducing the time to fill roles and analyzing candidates’ applications faster. This technology cuts the total time spent in the hiring process.

Increase Accuracy of Forecasting

The most significant benefit of AI technology in companies is the reduction of errors caused by humans. It helps the company automate objective forecasting, which can be done without requiring manual intervention. In this way, the company gets the highest visibility on how to make better decisions concerning finances and achieve goals efficiently.

Unlocks Opportunities

According to sources, AI will increase companies’ cash flow by more than 120% by the year 2030. AI adds more value to clients’ services and generates more revenue for the company. AI has greater application in diverse sectors. For instance, retailers use AI to target their advertising efforts and develop a highly effective supply chain that gives an optimal return. AI forecasts customer requirements as well as required staffing levels. The financial industry uses AI to strengthen its fraud detection efforts. With AI, companies gain both productivity as well as efficiency returns.

Top 10 AI Companies

Artificial intelligence (AI) enables machines to understand, perceive, process, and respond to the inputs like human beings. AI has become more sophisticated in recent years in predictive sales forecasting, automated customer service, healthcare innovation, etc. Tasks that require processing a huge volume of data or iterative efforts from humans can easily gain from Artificial intelligence. Following are the top 10 companies that apply AI to a myriad of tasks and areas. These companies are the top employers of professionals in the AI domain.
Amazon - Artificial intelligence company

Amazon

10/10
Although Amazon is headquartered in Seattle, Washington, US, it has offices all over US cities as well as around the globe. The company was founded in the year 1994 and is specialized in cloud and eCommerce technology. It develops AI for cloud-based ML and voice recognition on AWS (Amazon Web Services). The company ventured into artificial intelligence between the years 2015-16 by launching its voice recognition-enabled device, Alexa. Amazon offers its customers a flexible and scalable framework for machine learning developers via SageMaker. Customers can access the AWS cloud to use ML and build several custom solutions. One of the company’s conversational and effective AI tools for chatbots is Amazon Lex.

IBM

10/10
It offers several consulting services related to artificial intelligence. The AI services offered by IBM help the company implement a data-first type strategy. Using these AI services, you can easily leverage data. It offers the Watson platform, which allows your company to seamlessly transfer to Artificial intelligence (AI). Watson platform of IBM is an open and multi-cloud platform that helps automate the AI life cycle. The company maintains more than ten thousand employees in New York, the US. The core AI services that IBM offers are cloud, application, and security services. The company provides a pre-built enterprise application that helps businesses build powerful and effective models from scratch.

InData Labs

10/10
This company is a leading data science organization that mainly emphasizes Big data and AI technology. It is an expert service provider of Big Data and AI solutions to enterprises of any size and helps them expand their business and reach new heights of success. The expertise areas of the company consist of predictive analytics, deep learning, machine learning, AI, Data Science, and Big data. The company offers custom artificial intelligence-based solutions and AI development to businesses from scratch.

NICE

9/10
This company develops artificial intelligence technology for several contact centers and managing experience. It is a CRM (customer relationship management) company offering data-driven operations. The company applies AI software and solutions for driving predictive decision-making, optimizing contact centers, and helping brands understand customers’ needs. It recently announced the Enlighten artificial intelligence tool, which automates the clients facing daily tasks. It offers a conversational and highly effective AI tool called CXone SmartReach for facilitating better customer engagement. It incorporates self-services driven by AI technology across clients’ journeys and offers several businesses with ML and AI-driven clients experience analytics for identifying pain points and opportunities.

DataRobot

8/10
The company offers an AI platform that can automate end to end process of data science. Some AI products that come with those companies are automated time series, machine learning, maps, etc. It offers deployment models like On-Premise AI clusters, Managed AI cloud, hybrid AI cloud, and Private AI cloud. Some clients who are satisfied with the AI services of the company are – Accenture, Deloitte, Lenovo, Panasonic, etc. The company offers AI solutions to enterprises of any size.

Meta Platforms

7/10
This company creates AI models for immersive social media and technologies. The company has taken different AI initiatives, from artificial intelligence in virtual space for facilitating naturalized interactions to developing AI detectors to detect harmful content. This company was founded in 2004 and involved a long history of developing and working with AI technologies and using them to match products, people, and content. Meta recently declared about AI supercomputer, which works effectively across several languages and creates augmented reality technologies. It creates AI-enabled face recognition to use across different platforms of social media. It has developed an AI algorithm for recognizing hate speech in modern architecture named Linformer. It has open-sourced tools, research material, and a framework.

Master of Code Global

6/10
This company offers conversational and effective AI solutions that help automate business processes, customer support, conversational commerce, etc. The AI solutions the company provides apply to various industries such as Sports, Telco, Healthcare, Energy, etc. The core AI services of the company include mobile app development, chatbots, web app development, and graphic designing. Founded in 2004, the company presently maintains a dedicated team of 51-200 employees. It has long-standing experience of more than ten years in web application development. It has developed intelligent bots and utilizes the Alexa platform, Amazon Lex, and IBM Watson.

H2O

5/10
The company offers open-source machine learning and AI solutions. 18000 firms in different industries used the open-source AI solutions of H2O. The company’s core AI services include open-source spark integration, open-source machine platforms, etc. Progressive Insurance, PayPal, and Capital One are some clients of this company.

Xicom Technologies

5/10
The company offers mobile development, web development, IT consulting services, and Software development. It offers AI development services like a virtual agent and AI software. Some core AI solutions are Chatbot development, machine learning, predictive analytics, AI consulting, NLP services, Alexa App development, etc.

STX Next

5/10
The company offers comprehensive AI solutions irrespective of the industry. It provides AI solutions in speech recognition, NLP, Chatbots, etc. It comes with several ML services, world-class software development, and end-to-end product design. It also offers DevOps, Python Development and product design, etc.

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How to choose the right AI company?

Artificial intelligence is undoubtedly an important technology trend in recent days. The adoption of AI is assumed to skyrocket in the upcoming years. The strength of companies using AI has grown exponentially. Following are the tips to consider the right AI company for yourself.

AI knowledge and experience

Prior experience in developing and implementing AI is important to evaluate in a good artificial intelligence company before hiring. You can seek their case studies and certification; however, they don’t guarantee a true deployment experience. It is important to analyze the technical and process-specific expertise of the vendor.

Methodology

To hire the best Artificial intelligence company, you should find out the tools and methodology your company will use during the implementation stage.

References

Case studies and referrals are a good way to hire the best AI company. A reputable AI company will offer a portfolio where it contains documents relating to the previous projects. They are a good source to know about their work. You can seek referrals and recommendations from your close ones and colleagues who have worked with an AI company on AI projects.

Suitable fit for your organization

Although most companies overlook this point, it is an important discussion. Before hiring an AI company, ensure that the services are aligned to the company’s goals, requirements, and culture. As they help you adapt to new technology in your workplace, they should be properly trained and have in-depth knowledge in the domain. A company that shares a similar approach, principles, and compatible style of communication is the right fit for you.

AI platform

If you want to make the AI project successful, check the technologies that the AI company is working with and evaluate whether it’s effective and modern. The AI platform that your AI vendor should offer must be portable, flexible, and scalable. Check the company’s software and ensure if it’s open-source.

Viability

Take the years of experience into consideration while selecting the AI company. Check if it’s a startup company or an established firm. It is always better to go for a company with vast years of experience, good customer experience, etc.

Problem-solving skills

The AI development company you are working with should have data science skills like deep learning and machine learning. Other skills that the company needs to have are programming knowledge such as Java, R, and python. The company needs to be an expert in these skills; otherwise they won’t be able to understand your company’s needs before developing and implementing the school software.

Why should you hire an expert AI company?

If your company is reaching the level where it must work with large data volume, then you need to analyze data. Analyzing data isn’t possible manually and can be done only through Artificial intelligence. It is important to hire an expert AI solution development company to help you solve the problem. Selecting the right AI company to meet your workplace requirements is similar to selecting a company to work with. It requires the right knowledge, cultural fit, and appropriate approach.
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