ARTIFICIAL INTELLIGENCE (AI) AND INNOVATION SOFTWARE COMPANIES

Company name

•  ResoluteAI 

Website

• Link to company website 

Overview

• ResoluteAI was established in 2015 and is headquartered in New York, New York.

• The company uses machine learning, deep learning, and artificial intelligence to help companies drive innovation in their respective sectors.

• The company has raised a total of $4.5 million in 2 funding rounds. Its latest round was a series A round completed in September 2017, where the company raised $3.3 million.

• The company was founded by Matt Doherty and Sebastian Metti.

• They boast of clients such as Sanofi, Abbott, Roche, Takeda, Unilever, P&G, Honeywell, and Syngenta.

AI Services

• ResoluteAI uses "machine learning" to help companies organize multiple formats and fields of research, by absorbing, analyzing, and representing research data in a categorized and simpler format.

• Using the company's machine learning innovation software, innovators are easily able to receive and digest research information and analyze their findings.

• The company's AI-backed innovation solution also allows for better organization and cataloging of ideas and concepts. Up to 200 million technical records and extensive research can easily be stored and accessed across several verticals.

Company Name

•  The Innovation Scout 

Company website

• Link to company website 

Overview

• Founded by Annette Tonti in 2016, The Innovation Scout is a privately held company.

• The company is headquartered in Newport, RI and is focused on utilizing AI tools to help companies increase value in "innovation initiatives".

• The Innovation Scout also helps companies achieve their innovation goals quicker with less risk.

AI Services

• The company's AI-backed innovation platform, which it offers as a service (SaaS), helps corporations to identify, engage and carry out pilots with startups, explore new technologies, and discover new market approaches.

• With the company's AI-backed innovation platform, corporations can carry out innovation activities systematically and cost-effectively, and view their progress within short intervals.

• Their solution also benefits startups because it enables them to reach the market faster, and expose their solutions to mature business who are potential customers.

Company Name

•  Wide Ideas 

Company Website

• Link to company website 

Overview

• Wide Ideas is a Swedish company founded in 2011 by Jakob Lindvall and Ase Angland Lindvall.

• The company is aimed at increasing collective innovation in large corporations by inculcating AI into "collaborative innovative processes".

• The company's solution is focused on powering innovation through employees.

• They have 768 employees, who have submitted over 91 innovative ideas, and boast of clients such as Vattenfall, H&M, Rise, Stadium, and Veidekke.

AI Product/Service

• The AI product offered by Wide Ideas is its AI powered analytics functionality, which is embedded in its innovation management software.

• The company's software records and tracks the progress of innovative ideas submitted by employees, and uses AI to easy sort and organize patterns and similarities in the submitted ideas.

• The AI function of the company's software allows company leadership to quickly make informed decisions regarding ideas with very high potential.

Company Name

•  Planbox 

Company Website

• Link to company website 

Overview

• Planbox describes itself as "the pioneering provider" of a "cloud-based AI-Powered Agile Work Innovation" solution, aimed at enabling companies leverage on innovation ideas from suppliers, customers, partners, and employees.

• The company which is based in Montreal, Quebec was established in 1999 and currently operates branch offices in the UK and US.  

• The company has worked with clients such as Willis Tower Watson, NAVSEA, Canal De Panama, Hudson Group, and CMHC SCHL.

AI Product

• Planbox's AI-backed innovation management software enables company "innovation campaign launch", access supportive research in real time, to develop intelligent ideas or discover new challenges.

• The AI functionality in the company's software also supports high-level collaboration among employees, for the creation of shared solutions. It also manages innovation suggestions, ideas, feedback, communities and campaigns.

Company Name

•  Swae 

Company Website

• Link to company website 

Overview

• Headquartered in Vancouver, British Columbia, Swae combines AI, crowd, and anonymity to encourage collaborative innovation in organizations.

• The privately held company was established in 2018 and has only raised a grant funding round of $600K.

• The company was founded by Soushiant Zanganehpour and boasts of clients such as Etihad Airways, Bosch Alumni Network, CDMX, and Medecins Sans Frontieres.

AI Product/Service

• For its AI-backed cloud innovation platform, Swae offers an improvement on innovative ideas using AI functionalities such as concept matching, bias recognition, and evidence suggestion.
• This is aimed at encouraging participation in decision-making processes.

RESEARCH STRATEGY