Where is the ROI in Artificial Intelligence deployments?

Miniature robots

Anyone with any doubts about the interest in AI and its use across enterprise technologies only needs to look at the example of the Intelligent Document Processing (IDP) market and the kind of verticals that are investing in it to quash those doubts. According to the Everest Group’s recently published report, Intelligent Document Processing (IDP) State of the Market Report 2021 (purchase required) the market for this segment alone is estimated at $700-750 million in 2020 and expected to grow at a rate of 55-65% over the next year. 

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Google’s Gradient Ventures leads $8.2M Series A for Vault Platform’s misconduct reporting SaaS

Vault platform - Gradient Ventures

Fixing workplace misconduct reporting is a mission that’s snagged London-based Vault Platform backing from Google’s AI focused fund, Gradient Ventures, which is the lead investor in an $8.2 million Series A that’s being announced today.

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Density raises $51 million to promote social distancing with AI occupancy-tracking sensors

Density raises $51 million to promote social distancing with AI occupancy-tracking sensors

Cofounder and CEO Andrew Farah says the $51 million will be put toward addressing “unprecedented demand” from offices, manufacturers, grocery stores, industrial plants, and governments trying to abide by capacity limits during the pandemic.

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