Dynam.AI is aimed at assisting companies from any industry and any size harness the potential of AI.
Analytics Ventures has announced the launch of Dynam.AI, a new company whose goal is to assist organizations, regardless of size, industry or stage of development, harness and maximize the potential of artificial intelligence. Analytics Ventures is a fund that is committed to creating and building venture companies that focus on AI.
The team at Dynam.AI has created a suite of AI tools and algorithms that can be used by companies around the world who are interested in quick AI deployments.
“Adopting AI and integrating it properly into business processes can be daunting. Many companies have access to data and are able to articulate a business need as it relates to their data, but they lack the talent or access to the right AI solutions to make it all come together,” said Dave Ferrell, president of Dynam.AI. “By introducing Dynam.AI to the marketplace, we’re connecting companies with proven AI tools that can be tailored to their business environment. Companies will greatly benefit from speed of delivery, cost efficiencies, reduction of project risk, and most importantly the most optimized results.”
Analytics Ventures founded the company because they believe AI is at the core of the next industrial revolution, and many businesses are beginning to acknowledge the value of AI. In a recent survey of over 3,000 business executives, 75% said they believe AI is crucial for new business opportunities, and 85% said they consider AI a competitive advantage.
Despite this enthusiasm, more than half the companies surveyed admitted they lack an overall AI strategy. Dynam.AI hopes by offering a team of data scientists, software engineers, UX designers, developers and researchers they will be able to play a lead role in closing that gap and leading more enterprises into the AI age.