Top AI Innovation: Software Firms

Part
01
of one
Part
01

Companies that Provide Software that Incorporate AI and Innovation

Five companies that provide software incorporating AI in innovation/ideation activities have been identified. The companies identified include ResoluteAI founded in 2015 and headquartered in New York, New York, and Wide Ideas founded in Sweden in 2011. Requested details for each of the companies are outlined below.

ARTIFICIAL INTELLIGENCE (AI) AND INNOVATION SOFTWARE COMPANIES

Company name

Website

Overview

  • 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

Company website

Overview

  • 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.
  • 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

Company Website

Overview

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

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 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

Company Website

Overview

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

We commenced our research by searching for companies who offer AI-backed software for ideation and innovation activities. Once we identified the companies that matched these requirements, we proceeded to comb through their website, to retrieve information on their background, as well as the AI products/services offered. We ensured that each of the five companies identified during our research offer AI-backed software that helps the company's carryout innovation and/or ideation activities/tasks. We have provided all the requested details in our write up above.
Sources
Sources