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What is the competitive landscape for micro task platforms focussed on image labelling for artificial intelligence training data
Hello! Thank you for your question about the micro task platform competitive landscape. The biggest competitors in this space are CrowdFlower, Spare5, CloudFactory, OneSpace, WorkFusion, and EnableVue. Below you will find my methodology and a deep dive of my findings.
Methodology
I started my research by looking for any well-known micro task platforms that focus on image labeling for (artificial intelligence) AI training data. After I identified one of these platforms, I did a deeper search to find competitors in this space. I looked for all the requested information, including market size and key differences. I wasn't able to locate exact market size numbers, so I instead focused on total revenue. Client information was provided when available. Lastly, I tried to find news articles that demonstrated how each company stands out among their competitors.
CrowdFlower
CrowdFlower is a private company headquartered in San Francisco, California. Founded in 2007, the company currently employs 67 people and has an estimated revenue of $8.5 million. They've received nearly $46 million in funding since 2009. With the addition of experts Robert Munro, Monica Rogati, and Adrian Weller, they have the knowledge and manpower to lead the industry. CrowdFlower also stands out from the pack by providing consulting services to their clients, helping both new and existing customers with their systems.
Spare5
Spare5 is a modest company of 20 located in Seattle, Washington. Despite their small size, they have a revenue of $1 million. They've received over $13 million in funding since their inception in 2014. Spare5 has a platform that combines human insight and machine learning to help companies like Expedia and Getty Images solve complex data issues.
CloudFactory
CloudFactory is one of the largest companies on our list, with 1,500 employees and an estimated $10 million in revenue. Based in Durham, North Carolina and founded in 2010, they've received $13 million in funding from four rounds of funding. CloudFactory is unique in that they equip people in developing countries with basic computer skills and help them address poverty in their communities.
OneSpace
OneSpace was founded in Swansea, Illinois in 2010. The company has 56 employees and a revenue of $5.5 million. OneSpace helps clients like Staples, eBay and Overstock become more efficient with data-driven projects. The company received funding of $21.5 million in two rounds.
WorkFusion
Created in 2010 in New York City, WorkFusion focuses on helping clients increase productivity and improve service delivery. They have 70 employees in teams throughout the US, Europe, and India. WorkFusion has an estimated revenue of $6.3 million. They've received an astonishing $71.4 million in funding since their creation. The company has an expanded alliance program that positions them as an innovative market leader in the cognitive automation field. Participants in this program include Deloitte, Hexaware, and Infosys.
Enablevue
EnableVue provides companies like RiteAid, Sears, and Staples custom workflows that help with efficiency and quality assurance. Located in San Francisco, California, EnableVue was founded in 2012 and has grown to 45 employees. They have $5 million in revenue. Funding data and recent news articles were not readily available.
Conclusion
To wrap it up, the biggest competitors in the micro task platform space are CrowdFlower, Spare5, CloudFactory, OneSpace, WorkFusion, and EnableVue. Thank you for using Wonder! Please let us know if we can help you with anything else.