6 Startups That Are Reinventing Markets with Artificial Intelligence in 2021

With the evolution of technology, every business is now moving forward to incorporate artificial intelligence in a way that provides a seamless experience to the customers as well as the employees. Be it a well reputed brand or a small startup, everyone focuses on making the B2B or B2C processes more efficient. AI makes it possible in reality by rendering fully automated customer support solutions, managing the in-house workflow, or providing a more trusted solution to the businesses to understand their audience. Hence, no matter what product you are manufacturing or services you are offering, using AI powered technologies in your business is a must if you want to thrive in this 21st century.

Here, we’ve mentioned 6 best startups that are reinventing markets with artificial intelligence. If you presume that all companies are just jumping into a future that may or may not arrive, then you must know that Signal AI has performed a survey on 1,000 C-suite directors from companies with 500+ employees. They found that 85% of the leaders thought they could generate 20% more revenue if AI would have helped differently in decision making for their businesses. Now you can easily understand why you must pick up the best AI technologies to empower your business.

WhiteBox HR is a company that works on the human resources domain. The company has developed a talent acquisition and management software using ML algorithms. This UAE-based startup has already received a lot of appreciation for offering robust analytics and AI support for the growth of the employees which eventually ensures the employer’s growth. They provide a bias free, predictive insight throughout the talent lifecycle with convincible data analysis and people science.

WhiteBox HR has come up to the industry with a goal of indulging and nurturing gender equality inside the workspace. The best part about WhiteBox’s AI driven technology is that the insights you get through the system is explainable and constantly monitored by professionals. Therefore, the whole process of decision making on whether to hire, nurture, and invest on a talent or not becomes much more transparent as one can understand how these insights are made. If you want to scale the hiring process in your company, choosing WhiteBox HR’s AI powered technology will be a good option.

This South African based startup has developed an AI solution for radiologists, named CheXRad. Accrad has made the X-ray process more convincing with which a revolution of AI powered technology entered the Healthcare sector. CheXRad works in a highly automated way and analyses a chest radiograph against thousands other healthy scans to mark and locate the area of infection. Including Covid-19, there are 15 more diseases that can be diagnosed with this AI solution.

Doctors from different healthcare units have tested its accuracy, specificity, and sensitivity. They found CheXRad to be a completely reliable solution which increases the efficiency of a medical facility while minimising the time it takes for manual diagnosis. Not only that, CheXRad also provides a 160x faster solution for pathology diagnosis. Yes, certain pathologies in chest radiographs can be revealed in a minimum time frame with CheXRad while adhering to the pre-mentioned metrics, i.e., accuracy.