Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights. This time, you get to discover 5 hand-picked startups enabling automation at scale.
Global Startup Heat Map highlights 5 Top Startups enabling Automation at Scale out of 646
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 646 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 641 solutions, get in touch.
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Prime Robotics enables Warehouse Automation
The use of robotics to automate warehouses has many benefits such as reducing errors and overhead costs, as well as faster order fulfillment and better inventory management. The advances in the Internet of Things (IoT) and AI accelerates the capabilities of warehouse robotics and results in its increased use. The COVID 19 pandemic has further resulted in a surge in warehouse operations. For example, startups develop drone-based automation solutions for warehouses.
US-based startup Prime Robotics specializes in manufacturing robots for the purpose of warehouse automation and supply chain management. Their products include MobileShelf, a robot that is capable of transporting shelves, MobilePallet, a large-scale automation system that moves pallets, and AutoShelf, which is a system to mobilize every shelf in the warehouse. The current applications of their robots include e-commerce warehouses, factories, and retail stores.
Torch.AI builds an Automated Image Tagging Platform
Effective image tagging systems need to quickly and accurately tag images in real-time. The development of such systems is also cost-prohibitive and complex as they require powerful hardware to handle the real-time processing of data. Startups are developing automated image tagging platforms that quickly train and deploy systems to tag data within huge volumes of image data.
US-based startup Torch.AI develops Nexus, an AI-powered platform that decomposes data of any type into its normalized atomic constituents. It also offers an automated image tagging platform, Torch Vision, for object detection, action recognition, and target tracking within streaming videos. Lastly, the platform NEXUS EDO uses computer vision for automation at scale, high-speed data processing, and offers security features with flexible data workloads. The startup’s solutions find applications in healthcare, finance, retail, defense, and supply chain, among other industries.
United Robots automates News Content Creation
Automation is a process that has a wide range of applications, including the automatic generation of news content. As the field of AI and natural language processing (NLP) continues to grow, advanced systems are being developed to create content that is engaging for readers. To create content quickly, accurately and at scale, requires automation solutions that handle all stages within a content publication cycle without needing human intervention. Startups are developing automation solutions that use AI and natural language generation (NLG) to automate content management and editorial processes.
Swedish startup United Robots develops a news automation engine that works at large scales to analyze data and create content. Their robot analyzes structured data to find connections and quickly create lots of content. Once the data has been processed, the startup uses AI to choose the angle of the story, and an NLG application then writes the story depending on the target audience. Their content-as-a-service solution finds applications in sports, traffic, and real-estate, among others.
Aera Technology develops a Cognitive Operating System
Currently, when companies seek to automate tasks, they rely on robotic process automation (RPA). RPA works well when automating simple tasks at scale. However, the problem with RPA lies in automating more complex tasks such as business decisions. Startups are developing cognitive computing solutions that analyze larger and more complex volumes of data with great speed, accuracy, and consistency.
Singaporean startup Aera Technology focuses on developing a cognitive automation platform that is highly scalable to autonomously orchestrate operations. The platform uses real-time crawlers on enterprise systems to collect 100% of internal and external data required for decision automation. The automation engine uses optimization, predictions, and modeling, along with integrated domain expertise through patented models to provide actionable insights. The highly scalable nature of the platform allows for any type of enterprise to integrate and automate its business operations.
Vitwit enables Scalable Autonomous Solutions
The process of automating operations within a business is expensive and time-consuming. There are multiple ways to automate processes with the use of chatbots, NLP, computer vision, big data, cloud computing. Each with its own required expertise and domain knowledge to implement. To assist large enterprises and businesses in automating multiple aspects of their operations, startups are providing custom-built autonomous solutions based on client requirements.
Indian startup Vitwit builds intelligent and autonomous solutions that are scalable according to their client’s requirements. The startup develops automation solutions using AI, deep-learning, image-processing, natural language processing, and other data science techniques. Vitwit specializes in a variety of cloud & big data services to scale the automation solutions built by them. The custom-built automation solutions along with their cloud & big data scalability allow for all types of industries to integrate the automation into their operations.
Discover More Startups
Startups such as the examples highlighted in this report focus on industrial automation, swarm robotics, and robotic process automation. While all of these technologies play a major role in advancing industry, they only represent the tip of the iceberg. To explore more technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Innovation Reports to save your time and improve strategic decision-making.
