CIO Insider

CIOInsider India Magazine

  • Jai Mrug,  CEO& Founder,  M76 Analytics
  • From business applications to IT support, AI (Artificial Intelligence) has an impact on all kind of industry vertical, significantly. That’s why; the artificial intelligence market is expected to reach USD 190.61 Billion by 2025 from USD 21.46 Billion in 2018, at a CAGR of 36.62 percent during the forecast period. Basically, the artificial intelligence market growth is mainly driven by factors such as the increasing adoption of cloud-based applications and services, growing big data, and increasing demand for intelligent virtual assistants. Even according to Deloitte, in 2019, among companies using AI, 70 percent will obtain AI capabilities through the cloud. Cloud-based AI software and services will make it easier for companies to benefit from AI, accelerating their adoption and spreading their benefits. 65 percent will create AI applications using cloud-based development services. And by 2020, the penetration rate of enterprise software with AI built in, and cloud-based AI development services, will reach an estimated 87 and 83 percent respectively.

  • Humans and AI Work in Tandem

A Centaur Future for Human and AI

By: Emmanuel Christi Das, Editor

Artificial Intelligence is way past the notion of being an entry level technology, rather a new age technology.

How AI is Transforming Travel Industry

By: Shikhar Aggarwal, Joint Managing Director, BLS International

The emergence of new technologies such as artificial intelligence (AI) and machine learning

10 Most Recommended Artificial Intelligence Solution Providers - 2019

Market of One: From 'One for All' to 'All for One'

By: Rohit Pandharkar, Head- Data Science and Harit Agrawala, Data Scientist, Mahindra Group

The stage was set. The Fortune 500 'whales' were present along with some of the most distinguished

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Chat 2.0 - Digital Future

By: Sharad Jambukar, Head IT, AHFL

Digital is ubiquitous and superfast. Transformation through digital is buzzword

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If Data is the New Oil AI is the New Soil

By: Ashutosh Sharma, CFO, FutureSoft Solutions

There is no other sector more focused on implementing AI for speed, accuracy and efficiency as much

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Who Stole My Customers - A Preview of Retail Use Cases for Machine Learning?

By: Piyush Chowhan, CIO, Arvind Fashions

Retail industry is the most affected industry with Digital disruption. The rate of change for retail customer

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How IT Can Liberate AI and Empower the Organization

By: Anil Kaul, CEO, Absolutdata

It's an exciting time to be a CIO. With big data maturing into artificial intelligence (AI)

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Smart Cities and Big Data Analytics

By: Jai Mrug, CEO & Founder, M76 Analytics

Around the world, government's local and national, are striving to make their cities 'smart' and are pursuing

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How To Learn Data Science The Right Way

By: Ratnakar Pandey, India Head Analytics & Data Science and Ashalaxmi, Team lead at Kabbage

Data Science the buzzword that sends most listeners into a tizzy. In recent years, it has garnered

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The Change In Perspective Over The Years

By: Chaney Ojinnaka, CEO, Vendor Mach

The potential of AI is in a very elementary form. Where are we now today in terms of AI

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  • 10 Most Recommended Artificial Intelligence Solution Providers - 2019

    From business applications to IT support, AI (Artificial Intelligence) has an impact on all kind of industry vertical, significantly. That’s why; the artificial intelligence market is expected to reach USD 190.61 Billion by 2025 from USD 21.46 Billion in 2018, at a CAGR of 36.62 percent during the forecast period. Basically, the artificial intelligence market growth is mainly driven by factors such as the increasing adoption of cloud-based applications and services, growing big data, and increasing demand for intelligent virtual assistants. Even according to Deloitte, in 2019, among companies using AI, 70 percent will obtain AI capabilities through the cloud. Cloud-based AI software and services will make it easier for companies to benefit from AI, accelerating their adoption and spreading their benefits. 65 percent will create AI applications using cloud-based development services. And by 2020, the penetration rate of enterprise software with AI built in, and cloud-based AI development services, will reach an estimated 87 and 83 percent respectively. Moreover, worldwide spending on artificial intelligence (AI) systems is predicted to hit USD 35.8 billion in 2019, according to IDC. This increased spending is no surprise with digital transformation initiatives critical for business survival; companies are making large investments in advanced technologies. However, nearly eight out of 10 organizations engaged in AI and machine learning said that projects have stalled, according to a Dimensional Research report. The majority (96 percent) of these organizations said they have run into problems with data quality, data labeling necessary to train AI, and building model confidence. While artificial intelligence platforms are pioneering technology, most people cannot identify the different types of artificial intelligence and the variety of ways they can be deployed to improve business processes. Therefore, we present to you a list of 10 Most Recommended Artificial Intelligence Solution Providers - 2019. Being closely scrutinized by a distinct panel of judges including CEOs, CIOs, CXOs, analysts and CIO Insider editorial board, we believe that these vendors will automate tasks, improve sales and marketing analysis, and even solve complex health problems.

Company Logo Company Name Company Management Company Description
ContractPodAi: Artificially Intelligent Contract Management for Global Corporate Legal Functions ContractPodAi Jon Squire, Chief Growth Officer A provider of AI based contract management solution that enables Document Automation and Risk Management.
DeepSight AI Labs DeepSight AI Labs Satya Tadimeti, Co-Founder & CEO Develops computer vision platform using advanced AI, Deep Learning and proprietary algorithms.
IOP Technologies: Bringing the Advantages of New Frontiers in Technology IOP Technologies Mahesha Cukkemane , Founder & CEO Leverages Cloud Technology, AI, IoT, Big Data & Machine Learning to provide Service Request Management, Sales Enquiry Management and IoT monitoring services.
IQM: Providing Intelligence to Empower Political Campaigns and Voters IQM Corporation Bhargav Patel, Co-Founder & CEO Offers a programmatic political marketing platform for micro targeting.
Marsview.ai Marsview.ai Akshay Kumar C , Founder Designs cloud based AI powered platform for content extraction and meta tagging
niki.ai niki.ai Keshav Prawasi , Co-Founder Enables Artificial Intelligence powered bot that helps users to search, discover, choose, make payment and complete transactions.
Perceptiviti: Automating Claim Processing using Artificial Intelligence based Platform Perceptiviti Sandeep Khurana, Founder Avails Artificial Intelligence based decision making platform to cater Insurance and Financial Services
Todsys: Surreal Artificial Intelligence Skyrocketing Organizations and Businesses Todsys Kamala Devarakonda, Co-Founder Builds capabilities around Artificial Intelligence, Analytics of Things, RPA, Data science & Analytics and Autonomous systems.
Vernacular.ai: Accelerate Customer Engagement Strategy with AI Voice Assistant Solution Vernacular.ai Sourabh Gupta, Co-Founder & CEO Assists businesses to interact & engage with the multilingual customers by leveraging AI and NLP.
Wobot Intelligence Wobot Intelligence Adit Chhabra , Founder & CEO Provides Video Analytics solution that helps in automating monitoring of compliance checks and SOP adherence.

Past Issues

  • AI Has Moved Beyond The Hype

    Nitin Sareen

    SVP- Group Data & Analytics, Aditya Birla Group