Augmented Intelligence Software Company Recognized as Cross-Industry AI Leader
AUSTIN, TX--(Marketwired - Dec 15, 2017) - CognitiveScale, the leading augmented intelligence software company, today announced it has been named to the AI 100 for the second year in a row. The annual list honors a select group of promising private companies working on groundbreaking artificial intelligence technology.
CognitiveScale's unique augmented intelligence software and industry-specific AI for financial services, healthcare, and digital commerce markets earned the company recognition in the Cross-Industry category.
"This year's list was culled from 1000+ applications and looks even more impressive," said Anand Sanwal, CEO, CB Insights. "These are companies using artificial intelligence in industries from drug discovery and cybersecurity to robotics and legal tech. I'm happy that CB Insights is able to shine a light on the founders and companies that will revolutionize these industries and look forward to seeing what they do in 2018 and beyond."
"While most artificial intelligence approaches focus on replacing humans, our mission at CognitiveScale is to deliver breakthrough business outcomes by the pairing of people and machines," said Akshay Sabhikhi, CEO, CognitiveScale. "We are thrilled to be recognized for the very substantial business outcomes our Cortex family of software has delivered for leading global companies in banking, insurance, healthcare and other data-intensive industries around reducing costs, growing revenues, and improving customer experience."
CognitiveScale is the only industry-optimized augmented intelligence company to place on the AI 100 two years in a row. CognitveScale's rapidly growing roster of global clients include USAA, Barclays, Ascension, NBC Universal. They have also received the highest recognition by industry analysts including Gartner Cool Vendor and Fortune's Top 50 companies leading the AI Revolution
To learn more about how CognitiveScale software is delivering augmented intelligence solutions across industries, visit https://www.cognitivescale.com/products/. For more information about the AI 100, visit: https://www.cbinsights.com/research-ai-100.
CognitiveScale builds industry-specific augmented intelligence software for financial services, healthcare, and digital commerce markets. Built on its Cortex augmented intelligence platform, the company's products help enterprises leverage AI and Blockchain technology to increase user engagement, improve decision-making, and deploy self-learning and self-assuring business processes.
CognitiveScale's clients include multiple Global 500 companies around the world and they have formed strategic go-to-market and technology partnerships with IBM, Microsoft, and Deloitte. The company has been named among AI leaders in prominent research and publications including Fortune's Top 50 companies leading the AI Revolution, CB Insights AI 100 and Gartner Cool Vendor.
Headquartered in Austin, Texas, CognitiveScale has offices in New York, London, and Hyderabad, India, and is funded by Norwest Venture Partners, Intel Capital, IBM Watson, Microsoft Ventures, USAA and The Westly Group.
About CB Insights
Our team builds technology that helps corporations guess less and win more. We aggregate and analyze terabytes 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.
*We have MBAs.
Bhava Communications for CognitiveScale